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INTERNATIONAL JOURNAL OF ENGINEERING, SCIENCE AND - volume 14,issue 1,, January 2025

Pages: 19-25
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The Integration of Vendor-Managed Inventory Systems with Industry 4.0 Technologies: A Systematic Review of Challenges, Opportunities, and Impact on Supply Chain Resilience

Author: Dharit Shah

Category: Engineering, Science and Mathematics

Abstract:

This systematic review investigates the integration of vendor-managed inventory (VMI) systems with Industry 4.0 technologies, focusing on the challenges, opportunities, and implications for supply chain resilience. By employing a systematic literature review (SLR) methodology and categorising findings through the research onion model, the study explores the current state of knowledge within this domain. The findings reveal that the existing literature is predominantly conceptual and theoretical, with a focus on articulating the transformative potential of technologies such as the Internet of Things (IoT), artificial intelligence (AI), and blockchain to enhance VMI processes. These technologies are highlighted for their ability to enable real-time data visibility, predictive analytics, and automated decision-making, fostering supply chain efficiency, resilience, and cost-effectiveness. However, the analysis also identifies significant challenges, including technical complexities, organisational inertia, and economic constraints that hinder the adoption of these innovations. The scarcity of empirical studies and the reliance on cross-sectional perspectives further limit the validation of theoretical claims. This review underscores the need for robust empirical research and longitudinal analyses to bridge these gaps and develop actionable insights. By synthesising the challenges and opportunities, this study provides a foundation for advancing the discourse on leveraging Industry 4.0 technologies to transform VMI systems, ultimately contributing to more resilient and adaptive supply chains.