Logistics 4.0 and Future of Supply Chains (Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application)

"This book provides a detailed theoretical background of Logistics 4.0 using real-world examples and case studies and proposes a methodological framework to understand the technological revolutions happening in the present day from the perspective of logistics management. With the fourth industrial revolution, new technologies, such as artificial intelligence, cloud computing, 3D printers and the Internet of Things started to take greater prominence in the world of business. One of the sectors most affected by changes brought on by this Industry 4.0 is logistics, which has given rise to the concept of Logistics 4.0. Covering a wide range of topics on Logistics 4.0, such as warehousing, big data, 3D printing, robotics and cloud computing, this book would be a valuable read for those involved in logistics management, academics and students in the areas of supply chain management, logistics, industry 4, and big data"--Back cover Acknowledgments 6 Contents 7 Editors and Contributors 9 List of Figures 11 List of Tables 15 Part I Introduction Chapter 17 1 Introduction 18 Part II Logistics 4.0 and Future of the Supply Chains 22 2 Logistics 4.0 and Technologic Applications 23 2.1 Introduction 23 2.2 The Concept of Industry 4.0 24 2.3 The Concept of Logistics 4.0 27 2.4 Logistics 4.0 and Technological Application 32 2.5 Conclusions 37 References 39 3 Technology, Supply Chain, and Logistics Management 42 3.1 Introduction 42 3.2 Industry 4.0 43 3.2.1 Basic Components of Industry 4.0 45 3.3 Logistics 4.0 49 3.4 Supply Chain Management 4.0 52 3.5 Meta-Analysis 54 3.6 Conclusion 57 References 58 4 A General View of Big Data and Machine Learning 61 4.1 Introduction: Big Data 61 4.1.1 Volume 62 4.1.2 Variety 63 4.1.3 Velocity 64 4.1.4 Value 64 4.1.5 Validity 64 4.2 Big Data and Machine Learning 65 4.2.1 Machine Learning 65 4.2.2 Artificial Neural Network (ANN) 66 4.2.3 Genetic Algorithms (GA) 67 4.2.4 Decision Trees (DT) 69 4.3 Results and Discussions 70 References 71 5 3D Printing and Logistics 74 5.1 Introduction 75 5.2 3D Printing 75 5.3 3D printer 77 5.4 Techniques and Commercial Processes of Additive Manufacturing 77 5.5 History of 3D Printing 79 5.6 The Usage Area of 3D Printing 81 5.7 Growth of 3D Printing Technology in the Market 82 5.8 Success Factors for 3D Printing 84 5.9 Future of Printing Technology 85 5.9.1 Effects of 3D printing on Logistics Management 85 5.9.2 What Should the Logistics Companies Do? 88 5.9.3 Conclusion 91 References 92 6 Autonomous Robots and Utilization in Logistics Process 94 6.1 Introduction 94 6.2 The Terms and Scope of Robotics 96 6.3 History of Robotic Systems 96 6.4 The Potential of Robotics in the Field of Logistics 98 6.5 The Future of Robotic Systems in Logistics 102 6.6 Conclusions and Discussions 103 References 103 7 Warehousing 4.0 in Logistics 4.0 105 7.1 Introduction 105 7.2 History of Warehousing 109 7.3 Warehousing 1.0 110 7.4 Warehousing 2.0 112 7.5 Warehousing 3.0 114 7.6 Warehousing 4.0 116 7.6.1 Robotic Mobile Fulfillment System (RMFS) 118 7.6.2 Autonomous Vehicle Storage and Retrieval System (AVS/RS) 120 7.6.3 Collaborative Robot System (CRS) 123 7.7 Summary and Conclusion 124 References 125 8 Cloud Information Systems 129 8.1 Introduction 129 8.2 Cloud Computing 130 8.3 Methods 132 8.3.1 ANP 132 8.3.2 TOPSIS 133 8.3.3 COPRAS 133 8.4 Case Study 134 8.4.1 Evaluation of Effective Criteria in Cloud Computing 135 8.4.2 Cloud Service Provider Selection 138 8.5 Results and Discussions 141 8.6 Conclusions 142 References 144 9 Logistics, Supply Chains and Smart Factories 147 9.1 Introduction 147 9.2 From Industry 1.0 Toward 4.0 148 9.3 Industry 4.0 149 9.4 Which Technologies Does Industry 4.0 Benefit from? 150 9.5 Advantages of Industry 4.0 150 9.6 Logistics Industry 151 9.7 Digitalization in Supply Chain and Logistics 152 9.7.1 Office Automation Systems 152 9.7.2 Communication Systems 152 9.7.3 Transaction Processing System (TPS) 153 9.7.4 Management Information System (MIS) 153 9.7.5 Decision Support System (DSS) 154 9.7.6 Transportation and Store Management System 154 9.8 The Impact of Internet on Logistics and Supply Chain Processes 154 9.8.1 Blockchain 155 9.8.2 Cloud Technology 155 9.9 Smart Factories and Smart Supply Chain Management 156 9.9.1 Defying Smart Factories 159 9.9.2 Features of Smart Factories 160 9.9.3 Conclusion 160 References 161 10 Internet of Things (IoT) in Marketing Logistics 163 10.1 Introduction 163 10.2 Understanding Internet of Things 165 10.3 Internet of Things in Logistics 170 10.3.1 Internet of Things in Transport 170 10.3.2 Internet of Things in Procurement and Order Management 173 10.3.3 Internet of Things in Warehousing and Inventory Management 173 10.3.4 Internet of Things in Retailing and Last Mile Delivery 175 10.3.5 Internet of Things in Risk Management Through Supply Chains 176 10.4 Conclusion 177 References 178 11 Integrated Systems and Utilization in Logistics 180 11.1 Introduction 180 11.2 Systems That Operate Logistic Functions and Their Effect on Logistic Utilization 181 11.2.1 Production System 181 11.2.2 Marketing System 184 11.2.3 Production Planning System 185 11.2.4 Purchasing and Supply chain System 186 11.2.5 Storage System 187 11.2.6 After-Sales Service 187 11.2.7 Transportation System 187 11.3 The Effect of Departments on Logistics System Efficiency 188 11.3.1 Analytic Network Process (ANP) Method 188 11.4 The Systems That Integrated in Logistic System 194 11.4.1 Traditional Systems 195 11.4.2 New Technologies in Logistics with Industry 4.0 196 11.5 Conclusion 197 References 198 Part III Future of Industries and Applications 200 12 Sustainability and Industry 4.0 201 12.1 Introduction 202 12.2 Sustainability 203 12.3 The Fourth Industrial Revolution: Industry 4.0 206 12.3.1 Industrial Revolutions and Basis 207 12.3.2 Big Data for Industry 4.0 (Big Data) 209 12.3.3 Employment in Industry 4.0 210 12.3.4 Achievements with Industry 4.0 211 12.4 Logistics 4.0 213 12.4.1 The Concept and Importance of Logistics 214 12.4.2 Logistics Periods 215 12.4.3 Supply Chain Management in Logistics 4.0 217 12.5 Conclusion 219 References 220 13 Finance and Cost Management in the Process of Logistics 4.0 223 13.1 Introduction 224 13.2 Industry 4.0 224 13.3 Logistics 4.0 227 13.3.1 Logistics Trends 227 13.3.2 Logistics Evaluation Processes 228 13.4 Supply Chain Management 229 13.4.1 Big Data in Supply Chain 229 13.4.2 Blockchain Technology in Supply Chain 230 13.4.3 Payment Methods in Supply Chain 231 13.5 Supply Chain Finance (SCF) 232 13.6 SCF Application 238 13.7 Discussion 240 References 241 14 The Effects of Industry 4.0 Components on the Tourism Sector 243 14.1 Introduction 243 14.2 Reflections of the Industrial Revolutions on the Tourism Sector 245 14.3 Industry 4.0. Revolution and Digitized Tourism 247 14.3.1 Big Data in Tourism 249 14.3.2 Virtual Reality—Augmented Reality Applications in Tourism 251 14.3.3 The Concept of the Internet of Things and Its Effect on Tourism 253 14.3.4 Artificial Intelligence Applications in Tourism Enterprises 254 14.4 Conclusion 255 References 256 15 The Problem of Employment and Growth in the Fourth Industrial Revolution 259 15.1 Introduction 260 15.2 Evolution of the Industrial Revolution from the Past to the Present 260 15.2.1 First Industrial Revolution and Its Economic Impacts (Industry 1.0) 262 15.2.2 Second Industrial Revolution and Its Economic Impacts (Industry 2.0) 262 15.2.3 Third Industrial Revolution and Its Economic Impacts (Industry 3.0) 263 15.3 The Fourth Industrial Revolution (Industry 4.0) 264 15.3.1 Elements of the Fourth Industrial Revolution 266 15.3.2 Principles and Advantages of Industry 4.0 269 15.3.3 The Problem of Growth and Employment in the Fourth Industrial Revolution 270 15.3.4 Economic Growth in the Fourth Industrial Revolution 270 15.3.5 Employment Phenomenon in the Fourth Industrial Revolution 273 15.3.6 The Impact of the Fourth Industrial Revolution on Logistics Sector 275 15.4 Logistics Sector in Industrial Revolutions 276 15.5 Advantages and Disadvantages of the Fourth Industrial Revolution for the Logistics Sector 278 15.6 Conclusion 278 References 279 Index 283