Impact of Industrial IoT, Automation and Artificial Intelligence on Supply Chain Performance : A case of Pharmaceutical Industry in Pakistan

Abstract

This study aims to investigate how supply chain transformation affects overall performance in Pakistan's various Pharmaceutical industries. Therefore, the overall performance of the Pharmaceutical industry is being evaluated by assessing the impact of three key elements of Industry 4.0, that are Industrial Internet of Things (IIoT), Automation and Artificial Intelligence (AI). We will collect information directly from employees in various sectors of Pharmaceutical companies by using an online survey. Our goal is to study how three factors - IIoT, Automation, and Artificial Intelligence (AI) - affect the performance of the supply chain in Pakistan's Pharmaceutical industry. To analyze the data we collect, we will use SPSS software. This analysis will involve looking at the basic characteristics of the data and using linear regression to understand the relationships between the variables. Through in our research, we anticipate finding a strong, significant and meaningful connection in a positive direction between IIoT, Automation, and AI, and the overall performance of the Pharmaceutical industry in Pakistan. This study holds practical significance as it focuses on the application of digital industrial transformation in the supply chain of Pakistan’s pharmaceutical industry. Implementation of digitization strategies will boost the supply chain performance.