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ABSTRACT. We inspect the relevant literature on sustainable smart manufacturing in Industry 4.0, providing both quantitative evidence on trends and numerous in-depth empirical examples. Building our argument by drawing on data collected from BDC, BDO, Deloitte, eMarketer, McKinsey, and PwC, we performed analyses and made estimates regarding companies deploying artificial intelligence at scale (%, by industry) and applications of Industry 4.0 in small and mid-sized businesses (%). Data collected from 4,300 respondents are tested against the research model by using structural equation modeling.
JEL codes: E24; J21; J54; J64

Keywords: sustainable smart manufacturing; Industry 4.0; planning; monitoring

How to cite: Pickard, Madeleine, Iulia Grecu, and Gheorghe Grecu (2019). “Sustainable Smart Manufacturing in Industry 4.0: Real-Time Resource Planning, Process Monitoring, and Production Control,” Economics, Management, and Financial Markets 14(3): 30–36. doi:10.22381/EMFM14320194

Received 7 March 2019 • Received in revised form 14 August 2019
Accepted 20 August 2019 • Available online 10 September 2019

Madeleine Pickard
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The Cognitive Artificial Intelligence Systems Laboratory
at CLI, Cambridge, England
Iulia Grecu
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Spiru Haret University, Constanța, Romania
Gheorghe Grecu
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Spiru Haret University, Constanța, Romania

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