Disruptive Change in Today’s Innovation: A Case Study Analysis of OptimalPlus

• Main Authors: Daryl D. Green, Renita Murimi, Taylor Mathson, Christina Roach, Rachel Stafford
• Format: Article
• Language: English
• Published: HATASO 2019-04-01
• Series: Management and Economics Research Journal
• Subjects: Electronics manufacturing; Industry 4.0; OptimalPlus; Disruptive change; Software solutions; Industrial Internet of Things (IIoT); Data mining; Bid data; Supply chain
• Online Access: https://merj.scholasticahq.com/article/7788-disruptive-change-in-today-s-innovation-a-case-study-analysis-of-optimalplus

In today’s hypercompetitive world, electronics manufacturing companies experience challenges to respond to increasing consumer electronics demand while combatting disruptive change in their industries. The revolution in manufacturing via Industry 4.0 has transformed the way that companies approach supply chain process to gain a stronger understanding of data efficiencies. This case study examines OptimalPlus to demonstrate how its services while tapping into today’s technologies keep pace with competitors during disruptive change in the consumer electronics industry. OptimalPlus is a leader in providing the software solutions necessary for electronics manufacturers to get the most out of its supply chain process. This study explores the concept of Industry 4.0 and the benefits that manufacturers can gain from utilizing technologies. By understanding the benefits of using Industry 4.0, scholars and practitioners can better understand the way to innovate under the lens of disruptive change in the marketplace.