Opportunities, risks and challenges for actual key players of commodities production into the new wave of industry 4.0

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Abstract

The actual dymanic of the industrial wave created by the concept Industry 4.0 is streaming a serial consequences for the main market consumers which are the direct beneficiaries of comodities or daily consuming goods of food,automotive,gadgets and textile/garments industry.Upon the actual researches available from Aachen University and World bank statistics as Birnabaum report, if many of the products which belong to food and textile are defined by standard parameters, so far less dependable of human working factor as direct making of product,the ready made garments production which now is more to be confused with fashion industry,is crossing a period of high challenges to be solved, fighting with the risks to be shrinked until disappearance.The key players which are involved in the whole commodities industry could be defined as the final customers or consumers looking for a permanent variety of items(1),main suppliers of production means(2) and in between we find the producer(3).This one need to handle the pressure of low market prices, frequent economic downturns and motivation of their main resource which are the people either defined as "blue collars"or "white collars".

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APA

Simion, L. C., & Avasilcai, S. (2020). Opportunities, risks and challenges for actual key players of commodities production into the new wave of industry 4.0. In IOP Conference Series: Materials Science and Engineering (Vol. 898). IOP Publishing Ltd. https://doi.org/10.1088/1757-899X/898/1/012051

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