IDEAS home Printed from https://ideas.repec.org/a/taf/tprsxx/v62y2024i22p8056-8072.html
   My bibliography  Save this article

Financing manufacturers for investing in Industry 4.0 technologies: internal financing vs. External financing

Author

Listed:
  • Majid Azadi
  • Zohreh Moghaddas
  • Reza Farzipoor Saen
  • Farookh Khadeer Hussain

Abstract

Supply chain finance (SCF) as a crucial approach plays a key role in improving commitment, trust, financial flows, and profitability in a supply chain (SC). Many industrial organisations finance their SC through two resources: internal financing (buyer) and external financing (bank). The main objective of this paper is to develop an advanced data envelopment analysis (DEA) model for measuring the sustainability of financing resources of Industry 4.0 technologies. To do so, for the first time a non-radial DEA model in the presence of both zero inputs and ratio data is proposed. In this paper, the sustainability factors, including economic, environmental, and social factors are incorporated into the proposed approach. The developed DEA model, for the first time, is applied in SCF. The results show the most sustainable financial resource for investing in Industry 4.0 technologies. Also, the inputs and outputs’ inefficiencies are determined.

Suggested Citation

  • Majid Azadi & Zohreh Moghaddas & Reza Farzipoor Saen & Farookh Khadeer Hussain, 2024. "Financing manufacturers for investing in Industry 4.0 technologies: internal financing vs. External financing," International Journal of Production Research, Taylor & Francis Journals, vol. 62(22), pages 8056-8072, November.
    • Handle: RePEc:taf:tprsxx:v:62:y:2024:i:22:p:8056-8072
    DOI: 10.1080/00207543.2021.1912431
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00207543.2021.1912431
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00207543.2021.1912431?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:tprsxx:v:62:y:2024:i:22:p:8056-8072. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TPRS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.