TY - JOUR
T1 - Financing manufacturers for investing in Industry 4.0 technologies: internal financing vs. External financing
AU - Azadi, Majid
AU - Moghaddas, Zohreh
AU - Saen, Reza Farzipoor
AU - Hussain, Farookh Khadeer
PY - 2021/6/1
Y1 - 2021/6/1
N2 - Supply chain finance (SCF) as a crucial approach plays a key role in improving commitment, trust, financial flows, and profitability in a supply chain (SC). Many industrial organisations finance their SC through two resources: internal financing (buyer) and external financing (bank). The main objective of this paper is to develop an advanced data envelopment analysis (DEA) model for measuring the sustainability of financing resources of Industry 4.0 technologies. To do so, for the first time a non-radial DEA model in the presence of both zero inputs and ratio data is proposed. In this paper, the sustainability factors, including economic, environmental, and social factors are incorporated into the proposed approach. The developed DEA model, for the first time, is applied in SCF. The results show the most sustainable financial resource for investing in Industry 4.0 technologies. Also, the inputs and outputs’ inefficiencies are determined.
AB - Supply chain finance (SCF) as a crucial approach plays a key role in improving commitment, trust, financial flows, and profitability in a supply chain (SC). Many industrial organisations finance their SC through two resources: internal financing (buyer) and external financing (bank). The main objective of this paper is to develop an advanced data envelopment analysis (DEA) model for measuring the sustainability of financing resources of Industry 4.0 technologies. To do so, for the first time a non-radial DEA model in the presence of both zero inputs and ratio data is proposed. In this paper, the sustainability factors, including economic, environmental, and social factors are incorporated into the proposed approach. The developed DEA model, for the first time, is applied in SCF. The results show the most sustainable financial resource for investing in Industry 4.0 technologies. Also, the inputs and outputs’ inefficiencies are determined.
KW - data envelopment analysis (DEA)
KW - Industry 4.0
KW - ratio data
KW - supply chain finance (SCF)
KW - sustainability
KW - zero data
UR - http://tandfonline.com/doi/full/10.1080/00207543.2021.1912431
UR - http://www.scopus.com/inward/record.url?scp=85107386987&partnerID=8YFLogxK
U2 - 10.1080/00207543.2021.1912431
DO - 10.1080/00207543.2021.1912431
M3 - Article
AN - SCOPUS:85107386987
SN - 0020-7543
JO - International Journal of Production Research
JF - International Journal of Production Research
ER -