Implementing Industry 4.0 Concepts to a Media Content Supply Chain and a Food Processing Business: Case Studies from Finland
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Abstract
Industry 4.0 is an ongoing revolution and is affecting profoundly in the media industry and is changing the manufacturing sector. The research elucidates a clear understanding of the Fourth Technology Revolution, Industry 4.0. The study focusses critically on the benefits and possibilities that Industry 4.0 technologies bring to operational supply chain and customer outcomes. Two case studies from Finland viz, Sanoma Media Finland's (Sanoma) content supply chain and a Southern Finland located meat product manufacturer (hereafter
referred as Company X is a food processing business) have been studied. Sanoma Media Finland is the leading multi-channel media house in Finland and Company X is a Helsinki-based food processing SME specialising in producing and delivering raw doner kebab. The authors have tried to research the concept of the Fourth Industrial Revolution by conducting a literature review, and to create a scenario where those concepts are implemented to the supply chain in the two case companies. Findings from the Sanoma Media Finland case
illustrates that using Industry 4.0 technologies, media companies can take advantage of knowing the consuming habits of the audience. Using available data for building automated content supply chain would decrease the costs and increase the accuracy of content popularity. Findings from the case of Company X, illustrates that the Industry 4.0 aspects substantially helps to push the company in the right direction. Automated manufacturing processes, data gathering from machines for remote monitoring via the IoT, and more automatic inventory and order management helps to cut costs and reduce spoilage, while simultaneously improving the quality and
increasing the output. The research study concludes that implementation of Industry 4.0 ultimately leads to improved financial performance and enable companies to remain competitive. Transformation requires that every stakeholder in the supply chain commits to the new standards.
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