Research Article

The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation

Volume: 4 Number: 1 June 30, 2020
EN TR

The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation

Abstract

Although it is a very new concept, Industry 4.0 applications are becoming more widespread and especially in production processes. In this study, the effects of Industry 4.0 applications on the production processes of Bosch Company were investigated in depth. It is one of the pioneers in implementing the Industry 4.0 Revolution. It has been determined that Industry 4.0 applications have positive effects on business development, increasing productivity, keeping resource usage at optimum level, accelerating process flows and reducing costs. Thanks to the software used in supply chain management, it was found that the cost of errors decreased, errors decreased due to the human factor and time savings were achieved due to the progression of electronic processes without hesitation. Thanks to the end-to-end software and hardware support used in supply chain management, it has been found that supply and order lead times are reduced.

Keywords

References

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Details

Primary Language

English

Subjects

Business Administration

Journal Section

Research Article

Publication Date

June 30, 2020

Submission Date

January 10, 2020

Acceptance Date

March 25, 2020

Published in Issue

Year 2020 Volume: 4 Number: 1

APA
Nergiz, E., & Barutcu, H. C. (2020). The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation. Econder Uluslararası Akademik Dergi, 4(1), 47-71. https://doi.org/10.35342/econder.666369
AMA
1.Nergiz E, Barutcu HC. The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation. Econder. 2020;4(1):47-71. doi:10.35342/econder.666369
Chicago
Nergiz, Ebru, and Hüseyin Can Barutcu. 2020. “The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation”. Econder Uluslararası Akademik Dergi 4 (1): 47-71. https://doi.org/10.35342/econder.666369.
EndNote
Nergiz E, Barutcu HC (June 1, 2020) The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation. Econder Uluslararası Akademik Dergi 4 1 47–71.
IEEE
[1]E. Nergiz and H. C. Barutcu, “The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation”, Econder, vol. 4, no. 1, pp. 47–71, June 2020, doi: 10.35342/econder.666369.
ISNAD
Nergiz, Ebru - Barutcu, Hüseyin Can. “The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation”. Econder Uluslararası Akademik Dergi 4/1 (June 1, 2020): 47-71. https://doi.org/10.35342/econder.666369.
JAMA
1.Nergiz E, Barutcu HC. The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation. Econder. 2020;4:47–71.
MLA
Nergiz, Ebru, and Hüseyin Can Barutcu. “The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation”. Econder Uluslararası Akademik Dergi, vol. 4, no. 1, June 2020, pp. 47-71, doi:10.35342/econder.666369.
Vancouver
1.Ebru Nergiz, Hüseyin Can Barutcu. The Impact of Industry 4.0 Applications on Production Processes: The Case of Bosch Industry and Trade Corporation. Econder. 2020 Jun. 1;4(1):47-71. doi:10.35342/econder.666369

Cited By

Econder International Academic Journal is  an international, peer-reviewed multidisciplinary journal dedicated to publishing scholarly articles on all aspects of Economy and Business. Available online and published two times a year, the journal aims to become one of the leading platforms in the world for new findings and discussions of all fields of Economy and Business.


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