Problem 1: This week we learned about key pillars of Industry 4.0. These are exciting new technologies, but surveys show that the current reality of supply chains is that the majority of companies are still not ready to use them (notable exceptions aside). Conduct research to identify primary barriers to the adoption of such technological innovations within the supply chains and discuss relevant managerial implications. What key problems should companies that are looking to innovate through Industry 4.0 solve?
Problem 2: Select a business that you are familiar with. This could be a coffeeshop in your neighborhood. Conduct research to gain a general understanding of the company's supply chain. Informed by this week's lecture materials, select and propose technologies that could potentially enhance the company's supply chain. Provide a high-level justification. Please include references with in-text citation.