WSEAS Transactions on Business and Economics


Print ISSN: 1109-9526
E-ISSN: 2224-2899

Volume 16, 2019

Notice: As of 2014 and for the forthcoming years, the publication frequency/periodicity of WSEAS Journals is adapted to the 'continuously updated' model. What this means is that instead of being separated into issues, new papers will be added on a continuous basis, allowing a more regular flow and shorter publication times. The papers will appear in reverse order, therefore the most recent one will be on top.


Volume 16, 2019


Impacts of Industry 4.0 on Malaysian Manufacturing Industries

AUTHORS: Lee Wan Yee, Tan Seng Teck, Shahryar Sorooshian

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ABSTRACT: - Industry 4.0 is the fourth industrial revolution which is the new era to the world. However, there are not enough academic knowledge about it. Also, Malaysian manufacturing industries have not enough awareness of the impact of it. Hence, the objective of this research is to identify the main impacts of Industry 4.0 on manufacturing industries in Malaysia. This research is using a quantitative method of analysis, pairwise comparison, and the data collection method was questionnaires which answered by the experts of the Industry 4.0 in Malaysia. In the findings, the ranking in the results in order is flexibility, real-time detailed end-to-end product transparency and coordinating real time, etc. Therefore, based on the result of this study, the government can encourage manufacturing companies to implement Industry 4.0 and gain positive impacts.

KEYWORDS: Industry 4.0, Manufacturing, Malaysia, Pairwise comparison, Main impacts, Flexibility.

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WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 16, 2019, Art. #40, pp. 355-359


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