Critically Evaluate How An Industry 4.0 Assessment – Manchester Metropolitan University UK.

Unit Title: Critically Evaluate How An Industry 4.0
Assessment Type: Individual Assessment
Assignment Task:
In this individual assignment, you will be required to:
Produce a 3500-word (maximum) individual report in which you critically evaluate how Industry 4.0 (I4.0) technology is driving transformation in organisations. You should select one type of I4.0 technology of your choice and investigate in depth its impacts on a firm’s operations and their environment. You must critically and analytically discuss the drivers and the impact of the Industry 4.0 technology which you have identified, on the relevant business and their performance. You will provide insights as to how Industry 4.0 has been addressing operational issues and improving these.
Critically Evaluate How An Industry 4.0 Assessment – Manchester Metropolitan University UK.

Critically Evaluate How An Industry 4.0 Assessment

Unit Learning Outcomes Assessed:

1.Explain the historic context and evolution, which has transformed societal development from the first industrial revolution to what is known as the fourth industrial revolution, or Industry 4.0.

2.Evaluate the drivers of Digitisation and Information Technologies.

3.Assess the impact of Industry 4.0 to the business environment.

Assignment Details and Instructions:
You must critically and analytically discuss the current landscape, the drivers and the impact of the Industry 4.0 technology which you have identified, on the relevant business and their performance but also people and society. You will provide insights as to how Industry 4.0 has been addressing operational issues and improving efficiencies, but also provide a critical review of societal and environmental changes, both positive and negative.

Report:
You are required to write a 3500-word report (maximum). The main tasks are as follows:

Evaluate how Industry 4.0 technology is driving transformation in organisations. You should select one type of I4.0 technology of your choice and investigate in depth its impacts on a firm’s operations and their environment.

1.Critically discuss the Industry 4.0 technology research by critically reviewing appropriate, current academic literature. In your discussion, consider various Industry 4.0 technological developments in automation and data exchange, such as Internet-of- Things (IoT), data mining, cyber-physical-systems, cloud computing and data sharing etc.


2.Choose an organisation in any sector. It is preferable to find an existing organisation to which you have direct access. Small or medium-sized organisations are recommended; however, a sub-section or department of a big organisation may be considered.

Critically Evaluate How An Industry 4.0 Assessment – Manchester Metropolitan University UK.

Critically Evaluate How An Industry 4.0 Assessment


3.Study the existing impact Industry 4.0 has on the organisation and critically assess its impact on the operations of the organisation.


4.Critically evaluate drivers for Industry 4.0 adaptation on the selected organisation. The evaluation should focus on different aspect of Industry 4.0 and the technologies that support it. Theories underpinning this evaluation must be based on current literature discussed in part 1.


5.Critically analyse the impact of practices and technologies discussed in part 4 on the performance of the chosen organisation. In this part, the evaluation should focus on both what works and what does not. Possible areas of evaluation may cover automation of business processes, operational flexibility of the organisation, competitive advantage in exploiting opportunities, as well as financial impacts. Support your analysis with relevant literature if possible.


6.Identify potential areas for improvement and the potential gains from adopting Industry 4.0 in organisations. Also identify and possible arguments and downsides of adapting Industry 4.0, such as the effects of automation on workforce reduction,operational consolidation and efficiency improvement initiatives which impact on social/environmental aspects of society.

World Class Professional Skills (PLOs) being assessed or developed/assessed.

1.Apply critical thinking to the analysis of situations, draw appropriate conclusions and make recommendations for action
2.Be effective communicators
3.Apply advanced specific knowledge, professional and research skills in addressing complex issues in business analytics.

During tutorial sessions:
1.You will be required to complete certain tasks individually for formative assessment and feedback.
2.Formative feedback will be given to student when they book a slot to meet their tutor.

Critically Evaluate How An Industry 4.0 Assessment – Manchester Metropolitan University UK.

Critically Evaluate How An Industry 4.0 Assessment

Resources:
You may utilise a wide variety of contemporary resources, but you must add to them appropriately.
1.Contemporary peer-reviewed Academic papers

2.Academic Text books and Research publications, such as PhD Thesis.

3.Industry white papers-appropriately cited

4.Industry case studies-appropriately used, referenced and cited

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