Role of the fourth industrial revolution in achieving supply chain resilience: a case of the pharmaceutical industry during Covid-19

Abstract

The Fourth Industrial Revolution (4IR) is characterized by the convergence of digital, physical, and biological technologies, resulting in transformative changes across various industries. One area where the 4IR holds significant potential is in achieving supply chain resilience. In today's dynamic and uncertain business environment, supply chain resilience has become a strategic imperative for organizations to effectively respond to disruptions and maintain operational continuity. This dissertation aims to explore and analyze the role of the Fourth Industrial Revolution in enhancing supply chain resilience. The main findings of the linear regression using flexibility performance as the dependent variable indicate a positive and significant relationship between real time information and flexibility performance. At 1 percent level of significance, real time information positively affect response time by around 18%. The results shows that is very important to improve flexibility performance by improving the real time information. The research used both qualitative and quantitative methodologies