Effect of industry 4.0 technologies on business performance : An application in the automotive industry

With industry 4.0, which first emerged in Germany, production systems have evolved into higher quality production systems that are smart, flexible and able to make quick decisions. Industry 4.0, which provides many advantages, has spread rapidly around the world. Companies integrate industry 4.0 into their systems to increase labor productivity, improve production and product quality, reduce costs and thus provide competitive advantage. In the study, the main technologies of industry 4.0 and their effects on company performance were examined. In an enterprise operating in the automotive sector, IoT technology was integrated into the selected pilot area and its effects on company performance were expressed numerically. This study was needed due to the accuracy of the production data in the company is at the initiative of the operator and time losses are experienced during production reporting. In the study, the effects of Internet of things technology on the performance of the company were evaluated by comparing the production data before the application and the production data after the application. Performance of the company was evaluated with these parameters by determining product-based and performance-based parameters. As a result of the study; It was determined that while the time losses experienced in the reporting process were reduced, increase in performance of the company and production quantity was achieved, improvement in the product cycle time was achieved. It is expected that with the dissemination of this study in different companies and the increase in the performance of companies, benefit will be provided to a great extent throughout the country.