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The Influence of Industry 4.0 on Reshoring The Impact of the Fourth Industrial Revolution on Relocation Decisions

Laseur, L. (2019) The Influence of Industry 4.0 on Reshoring The Impact of the Fourth Industrial Revolution on Relocation Decisions.

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Abstract:Within this paper, the influence of the fourth industrial revolution, also called Industry 4.0, on reshoring in the manufacturing industry has been researched. The goal of this research is to provide new points of view on relocation decisions within the context of Industry 4.0. This paper provides an insight to truly understand why or why not companies take reshoring decisions. This paper aims to present and facilitate an understanding of Industry 4.0 as a concept, its goals, enablers, and its total effect on the reshoring drivers. Industry 4.0 is described, and its influence on reshoring is presented. Through a semi-structured interview, eight manufacturing companies within the textile industry have been interviewed. A framework of reshoring and the effects of Industry 4.0 are addressed. An unanticipated factor of sustainability has been found and needs further research for a full understanding. Finally, the conceptual framework has been adopted, whereby the influence of Industry 4.0 on reshoring is integrated.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:83 economics, 85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:https://purl.utwente.nl/essays/78086
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