TY - JOUR
T1 - Platform Operations in the Industry 4.0 Era: Recent Advances and the 3As Framework
AU - SIQIN, Tana
AU - CHOI, Tsan Ming
AU - CHUNG, Sai Ho
AU - WEN, Xin
PY - 2022/3/7
Y1 - 2022/3/7
N2 - In the Industry 4.0 era, implementing advanced technologies to enhance platform operations is crucial. Motivated by the importance of platforms and the wide implementation of Industry 4.0-related advanced technologies, we conduct this study on platform operations. Specifically, the platforms discussed herein are classified into (pure) product selling platforms and service platforms. We identify the platform-related operational issues in four categories: 1) the use of information, 2) operating/manufacturing processes, 3) decision support, and 4) consumer behavior and marketing. Based on the examined real-world practices and reviewed prior studies, we propose the novel “3As” framework to indicate how platforms should “adopt” advanced technologies to “address” operational issues to “achieve” outcomes. In addition, the “3As” framework uncovers possible platform innovations with three extended developments. Finally, we present a future agenda for further studies on the use of advanced technologies in platform operations. This article contributes to the operations and engineering management literature by generating insights regarding the implementation of advanced technologies in platform operations in the Industry 4.0 era.
AB - In the Industry 4.0 era, implementing advanced technologies to enhance platform operations is crucial. Motivated by the importance of platforms and the wide implementation of Industry 4.0-related advanced technologies, we conduct this study on platform operations. Specifically, the platforms discussed herein are classified into (pure) product selling platforms and service platforms. We identify the platform-related operational issues in four categories: 1) the use of information, 2) operating/manufacturing processes, 3) decision support, and 4) consumer behavior and marketing. Based on the examined real-world practices and reviewed prior studies, we propose the novel “3As” framework to indicate how platforms should “adopt” advanced technologies to “address” operational issues to “achieve” outcomes. In addition, the “3As” framework uncovers possible platform innovations with three extended developments. Finally, we present a future agenda for further studies on the use of advanced technologies in platform operations. This article contributes to the operations and engineering management literature by generating insights regarding the implementation of advanced technologies in platform operations in the Industry 4.0 era.
KW - The “3As framework”
KW - advanced technologies
KW - Industry 4.0 era
KW - platform operations
UR - http://www.scopus.com/inward/record.url?scp=85126293320&partnerID=8YFLogxK
U2 - 10.1109/TEM.2021.3138745
DO - 10.1109/TEM.2021.3138745
M3 - Journal Article (refereed)
AN - SCOPUS:85126293320
SN - 0018-9391
JO - IEEE Transactions on Engineering Management
JF - IEEE Transactions on Engineering Management
ER -