Information and Communication Technologies Within Industry 4.0 Concept

Internet of Things provides connectivity and interoperability between transport entities, transported entities and product entities in Industry 4.0 concept. The market requirements are changing on daily basis and for the business processes of manufacturing organizations to be successful, it is necessary to link all the supply chain stakeholders and ensure their real-time informing, by forming an ecosystem for connecting stakeholders of Industry 4.0 concept. By implementing contemporary information and communication technologies in the production line it is possible to ensure the flexibility of production and adaptation of product entities to end user requirements. The problem of providing real-time information to all participants in supply chain has been identified by analyzing the traditional supply chain in the manufacturing industry. Based on the analysis of information and communication technologies in Industry 4.0 concept, the aim of this research is to propose optimal information and communication technologies for connecting stakeholders of logistic production chain. This extends the opportunity for all logistic production chain participants to inspect the stage of product entities from the stage of the development of product materials to the delivery stage of the product to the end users.