Fuzzy Cognitive Mapping Approach To The Assessment Of Industry 4.0 Tendency

SCIENTIA IRANICA(2020)

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Abstract
Proper understanding of the conceptual and practical counterparts of Industry 4.0 is of great importance as global competition has made the technology-based production a necessity. The aim of the present study was to propose a model that would predict the existing and future Industry 4.0 levels for companies. The changes of the concepts were examined and interpreted for three different hypothetically developed scenarios. In the first scenario, an organization that was poorly managed in terms of the development of Industry 4.0 was considered. The Industry 4.0 tendency was calculated at 0.04, reaching a steady state after 12 time periods using the Fuzzy Cognitive Maps (FCMs) algorithm. Moderate and well managed organizations were considered in Scenarios 2 and 3, respectively. The Industry 4.0 tendency reached 0.12 after 15 time periods in Scenario 2 and 0.95 at the end of five iterations in the third scenario with the concept values indicating well managed situation in the latter case. In addition, strategy and organization, smart operation, and smart factory concepts were found to make the most significant contribution to the Industry 4.0 level in the static analysis. (C) 2020 Sharif University of Technology. All rights reserved.
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Key words
Fuzzy cognitive maps, Industry 4.0, Strategic management
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