Impacts of I4.0 on sustainable manufacturing to achieve competitive advantage

Research studies highlights that Industry 4.0 plays a vital role in different areas of manufacturing industries and requires constant research and improvements due to high demand to meet the global competitive markets in an efficient and economical method. The current industrialisation is facing great challenges in ensuring the sustainability balance of its social, economic and environmental dimensions while they strive to achieve the product demands in competitive market space. As part of achieving these high demands, different studies focus towards developing the understanding of industry 4.0 implementation practices to attain a sustainable manufacturing process that incorporates advanced technological tools for increasing efficiency, financial gains and competitiveness in the market. This paper aims to examine the interrelationship of sustainability practices, the key factors affecting sustainability within manufacturing, and finally the advancements of industry 4.0 and different technologies to achieve sustainable manufacturing that focuses on KPI’s of environmental and social dimensions