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Search Results (575)

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30 pages, 2141 KiB  
Article
Enhancing Efficiency in Sustainable IoT Enterprises: Modeling Indicators Using Pythagorean Fuzzy and Interval Grey Approaches
by Mimica R. Milošević, Miloš M. Nikolić, Dušan M. Milošević and Violeta Dimić
Sustainability 2025, 17(15), 7143; https://doi.org/10.3390/su17157143 - 6 Aug 2025
Abstract
“The Internet of Things” is a relatively new idea that refers to objects that can connect to the Internet and exchange data. The Internet of Things (IoT) enables novel interactions between objects and people by interconnecting billions of devices. While there are many [...] Read more.
“The Internet of Things” is a relatively new idea that refers to objects that can connect to the Internet and exchange data. The Internet of Things (IoT) enables novel interactions between objects and people by interconnecting billions of devices. While there are many IoT-related products, challenges pertaining to their effective implementation, particularly the lack of knowledge and confidence about security, must be addressed. To provide IoT-based enterprises with a platform for efficiency and sustainability, this study aims to identify the critical elements that influence the growth of a successful company integrated with an IoT system. This study proposes a decision support tool that evaluates the influential features of IoT using the Pythagorean Fuzzy and Interval Grey approaches within the Analytical Hierarchy Process (AHP). This study demonstrates that security, value, and connectivity are more critical than telepresence and intelligence indicators. When both strategies are used, market demand and information privacy become significant indicators. Applying the Pythagorean Fuzzy approach enables the identification of sensor networks, authorization, market demand, and data management in terms of importance. The application of the Interval Grey approach underscores the importance of data management, particularly in sensor networks. The indicators that were finally ranked are compared to obtain a good coefficient of agreement. These findings offer practical insights for promoting sustainability in enterprise operations by optimizing IoT infrastructure and decision-making processes. Full article
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23 pages, 1830 KiB  
Article
Fuzzy Multi-Objective Optimization Model for Resilient Supply Chain Financing Based on Blockchain and IoT
by Hamed Nozari, Shereen Nassar and Agnieszka Szmelter-Jarosz
Digital 2025, 5(3), 32; https://doi.org/10.3390/digital5030032 - 31 Jul 2025
Viewed by 336
Abstract
Managing finances in a supply chain today is not as straightforward as it once was. The world is constantly shifting—markets fluctuate, risks emerge unexpectedly—and companies are continually trying to stay one step ahead. In all this, financial resilience has become more than just [...] Read more.
Managing finances in a supply chain today is not as straightforward as it once was. The world is constantly shifting—markets fluctuate, risks emerge unexpectedly—and companies are continually trying to stay one step ahead. In all this, financial resilience has become more than just a strategy. It is a survival skill. In our research, we examined how newer technologies (such as blockchain and the Internet of Things) can make a difference. The idea was not to reinvent the wheel but to see if these tools could actually make financing more transparent, reduce some of the friction, and maybe even help companies breathe a little easier when it comes to liquidity. We employed two optimization methods (Non-dominated Sorting Genetic Algorithm II (NSGA-II) and Multi-Objective Particle Swarm Optimization (MOPSO)) to achieve a balanced outcome. The goal was lower financing costs, better liquidity, and stronger resilience. Blockchain did not just record transactions—it seemed to build trust. Meanwhile, the Internet of Things (IoT) provided companies with a clearer picture of what is happening in real-time, making financial outcomes a bit less of a guessing game. However, it gives financial managers a better chance at planning and not getting caught off guard when the economy takes a turn. Full article
(This article belongs to the Topic Sustainable Supply Chain Practices in A Digital Age)
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34 pages, 820 KiB  
Article
An Integrated MCDA Framework for Prioritising Emerging Technologies in the Transition from Industry 4.0 to Industry 5.0
by Witold Torbacki
Appl. Sci. 2025, 15(15), 8168; https://doi.org/10.3390/app15158168 - 23 Jul 2025
Viewed by 234
Abstract
As industrial companies transition from the Industry 4.0 stage to the more human-centric and resilient Industry 5.0 paradigm, there is a growing need for structured assessment tools to prioritize modern technologies. This paper presents an integrated multi-criteria decision analysis (MCDA) approach to support [...] Read more.
As industrial companies transition from the Industry 4.0 stage to the more human-centric and resilient Industry 5.0 paradigm, there is a growing need for structured assessment tools to prioritize modern technologies. This paper presents an integrated multi-criteria decision analysis (MCDA) approach to support the strategic assessment of technologies from three complementary perspectives: economic, organizational, and technological. The proposed model encompasses six key transformation areas and 22 technologies representing both the Industry 4.0 and 5.0 paradigms. A hybrid approach combining the DEMATEL (Decision-Making Trial and Evaluation Laboratory) and PROMETHEE II (Preference Ranking Organization Method for Enrichment Evaluation) methods is used to identify cause–effect relationships between the transformation areas and to construct technology rankings in each of the assessed perspectives. The results indicate that technologies such as the Internet of Things (IoT), cybersecurity, and supporting IT systems play a central role in the transition process. Among the Industry 5.0 technologies, hyper-personalized manufacturing, smart grids and new materials stand out. Moreover, the economic perspective emerges as the dominant assessment dimension for most technologies. The proposed analytical framework offers both theoretical input and practical decision-making support for companies planning their transformation towards Industry 5.0, enabling a stronger alignment between implemented technologies and long-term strategic goals. Full article
(This article belongs to the Special Issue Advanced Technologies for Industry 4.0 and Industry 5.0)
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21 pages, 1186 KiB  
Article
How Digital Technology and Business Innovation Enhance Economic–Environmental Sustainability in Legal Organizations
by Linhua Xia, Zhen Cao and Muhammad Bilawal Khaskheli
Sustainability 2025, 17(14), 6532; https://doi.org/10.3390/su17146532 - 17 Jul 2025
Viewed by 565
Abstract
This study discusses the role of organizational pro-environmental behavior in driving sustainable development. Studies of green practices highlight their capacity to achieve ecological goals while delivering economic sustainability with business strategies for sustainable businesses and advancing environmental sustainability law. It also considers how [...] Read more.
This study discusses the role of organizational pro-environmental behavior in driving sustainable development. Studies of green practices highlight their capacity to achieve ecological goals while delivering economic sustainability with business strategies for sustainable businesses and advancing environmental sustainability law. It also considers how the development of artificial intelligence, resource management, big data analysis, blockchain, and the Internet of Things enables companies to maximize supply efficiency and address evolving environmental regulations and sustainable decision-making. Through digital technology, businesses can facilitate supply chain transparency, adopt circular economy practices, and produce in an equitable and environmentally friendly manner. Additionally, intelligent business management practices, such as effective decision-making and sustainability reporting, enhance compliance with authorities while ensuring long-term profitability from a legal perspective. Integrating business innovation and digital technology within legal entities enhances economic efficiency, reduces operational costs, improves environmental sustainability, reduces paper usage, and lowers the carbon footprint, creating a double-benefit model of long-term resilience. The policymakers’ role in formulating policy structures that lead to green digital innovation is also to ensure that economic development worldwide is harmonized with environmental protection and international governance. Using example studies and empirical research raises awareness about best practices in technology-based sustainability initiatives across industries and nations, aligning with the United Nations Sustainable Development Goals. Full article
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24 pages, 1219 KiB  
Article
Mining Metaverse—Identifying Safety and Commercial Risks in Mining Operations
by Jose Rodriguez, George Barakos, Phillip Stothard and Alejandro Marcelo Acosta Quelopana
Mining 2025, 5(3), 42; https://doi.org/10.3390/mining5030042 - 6 Jul 2025
Viewed by 378
Abstract
Technological advances are prompting mining companies to explore new options to enhance the efficiency of activities such as drilling, blasting, ventilation, and the loading and hauling of ore and waste. The emergence of digital environments, such as the Metaverse, allows companies in mining [...] Read more.
Technological advances are prompting mining companies to explore new options to enhance the efficiency of activities such as drilling, blasting, ventilation, and the loading and hauling of ore and waste. The emergence of digital environments, such as the Metaverse, allows companies in mining and other industrial sectors to simulate or predict scenarios in real time, generate ideas, and propose solutions before implementing them in the real world. There are various risks associated with the Metaverse and virtual worlds; however, there is insufficient information about the potential threats that could impact the Mining Metaverse. This investigation aims to establish a preliminary model for the efficient integration of the Metaverse into the mining industry. It highlights its potential by referencing previously adopted technologies such as virtual reality (VR), augmented reality (AR), and the Internet of Things (IoT) in mining and other sectors. It also seeks to identify and explain the risks associated with using a Mining Metaverse, considering constraints that will be valuable not only to the Australian mining industry but also on a global scale. Full article
(This article belongs to the Special Issue Envisioning the Future of Mining, 2nd Edition)
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18 pages, 4805 KiB  
Article
Re-Usable Workflow for Collecting and Analyzing Open Data of Valenbisi
by Áron Magura, Marianna Zichar and Róbert Tóth
Electronics 2025, 14(13), 2720; https://doi.org/10.3390/electronics14132720 - 5 Jul 2025
Viewed by 425
Abstract
This paper proposes a general workflow for collecting and analyzing open data from Bicycle Sharing Systems (BSSs) that was developed using data from the Valenbisi system, operated in Valencia by the French company JCDecaux; however, the stages of the proposed workflow are service-independent [...] Read more.
This paper proposes a general workflow for collecting and analyzing open data from Bicycle Sharing Systems (BSSs) that was developed using data from the Valenbisi system, operated in Valencia by the French company JCDecaux; however, the stages of the proposed workflow are service-independent and can be applied broadly. Cycling has become an increasingly popular mode of transportation, leading to the emergence of BSSs in modern cities. Parallel to this, Smart City solutions have been implemented using Internet of Things (IoT) technologies, such as embedded sensors and GPS-based communication systems, which have become essential to everyday life. When public transportation services or bicycle sharing systems are used, real-time information about the services is provided to customers, including vehicle tracking based on GPS technology and the availability of bikes via sensors installed at bike rental stations. The bike stations were examined from two different perspectives: first, their daily usage, and second, the types of facilities located in their surroundings. Based on these two approaches, the overlap between the clustering results was analyzed—specifically, the similarity in how stations could be grouped and the correlation between their usage and locations. To enhance the raw data retrieved from the service provider’s official API, the stations were annotated based on OpenStreetMap and Overpass API data. Data visualization was created using Tableau from Salesforce. Based on the results, an agreement of 62% was found between the results of the two different clustering approaches. Full article
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34 pages, 3501 KiB  
Systematic Review
How Digital Development Leverages Sustainable Development
by Albérico Travassos Rosário, Paula Rosa Lopes and Filipe Sales Rosário
Sustainability 2025, 17(13), 6055; https://doi.org/10.3390/su17136055 - 2 Jul 2025
Viewed by 451
Abstract
This academic article seeks to clarify the state of the literature on a very pertinent topic that is based on how digital innovation, considering emerging technologies and how they could be used in business management and marketing, could increase sustainable development. The sustainable [...] Read more.
This academic article seeks to clarify the state of the literature on a very pertinent topic that is based on how digital innovation, considering emerging technologies and how they could be used in business management and marketing, could increase sustainable development. The sustainable economy, which should maintain long-term development through efficient resource management, has as allies emerging technologies such as artificial intelligence, blockchain, and the Internet of Things that can help reduce waste, reduce the carbon footprint, and automate tasks. Additionally, they could present themselves as a solution to improve aspects of digital communication between companies and their consumers in remote training, distribution chain, e-commerce, and process optimization in different sectors of activity. These advances will, on the one hand, allow the possibility of conducting a greater amount of professional training, increasing the number of qualified professionals and, on the other hand, facilitate trade exchanges, promoting the economy. Based on a systematic bibliometric review of the literature using the PRISMA framework, this study investigates how digital tools catalyze transformative changes in different sectors of activity. The results indicate that, overall, the academic articles analyzed in this literature review present studies focused on digitalization and sustainability (approximately 50%). In second place are topics related to digitalization and other topics such as: smart cities; Sustainable Development Goals; academia; the digital economy; government policies; academic education; and sustainable communication (29%). Finally, in third place, there are academic articles closely linked to digitalization and the environment, more specifically to sustainable practices and the management of natural resources (21%). The article concludes that digital development, when used wisely, serves as a crucial lever to address the world’s most pressing sustainability imperatives. Future research should emphasize interdisciplinary collaboration and adaptive governance to ensure that these digital changes produce lasting impacts for people and the planet. Full article
(This article belongs to the Special Issue Enterprise Digital Development and Sustainable Business Systems)
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7 pages, 176 KiB  
Proceeding Paper
Applying the Analytical Hierarchy Process to Exploring Demand and Technology Preferences in InsurTech: Focusing on Consumer Concerns
by Mei-Su Chen and Yung-Cheng Liao
Eng. Proc. 2025, 98(1), 6; https://doi.org/10.3390/engproc2025098006 - 9 Jun 2025
Viewed by 277
Abstract
By employing the analytic hierarchy process (AHP), we investigated consumer demand and preferences for InsurTech technologies. A survey was conducted with 350 respondents, yielding 348 completed questionnaires and achieving a response rate of 99.4%. After consistency checks, 78 invalid questionnaires were excluded, resulting [...] Read more.
By employing the analytic hierarchy process (AHP), we investigated consumer demand and preferences for InsurTech technologies. A survey was conducted with 350 respondents, yielding 348 completed questionnaires and achieving a response rate of 99.4%. After consistency checks, 78 invalid questionnaires were excluded, resulting in 270 valid responses, with an effective response rate of 77.3%. Using the Analytic Hierarchy Process (AHP), five critical dimensions were identified as top priorities for insurance companies implementing InsurTech solutions: (1) video insurance and mobile applications, (2) blockchain-based claims processing, (3) robo-advisors, (4) the Internet of Things (IoT), and (5) big data analytics. Video and mobile applications, along with blockchain, accounted for over 30% of the total importance of evaluating InsurTech technologies. Among the assessment criteria, “mobile applications” and “remote insurance” had the highest weights, highlighting their roles in the InsurTech service model. Insurance providers need to prioritize these two dimensions when designing their InsurTech service models to enhance service convenience and the customer experience. Full article
20 pages, 525 KiB  
Article
Forecasting Robust Gaussian Process State Space Models for Assessing Intervention Impact in Internet of Things Time Series
by Patrick Toman, Nalini Ravishanker, Nathan Lally and Sanguthevar Rajasekaran
Forecasting 2025, 7(2), 22; https://doi.org/10.3390/forecast7020022 - 26 May 2025
Viewed by 1052
Abstract
This article describes a robust Gaussian Prior process state space modeling (GPSSM) approach to assess the impact of an intervention in a time series. Numerous applications can benefit from this approach. Examples include: (1) time series could be the stock price of a [...] Read more.
This article describes a robust Gaussian Prior process state space modeling (GPSSM) approach to assess the impact of an intervention in a time series. Numerous applications can benefit from this approach. Examples include: (1) time series could be the stock price of a company and the intervention could be the acquisition of another company; (2) the time series under concern could be the noise coming out of an engine, and the intervention could be a corrective step taken to reduce the noise; (3) the time series could be the number of visits to a web service, and the intervention is changes done to the user interface; and so on. The approach we describe in this article applies to any times series and intervention combination. It is well known that Gaussian process (GP) prior models provide flexibility by placing a non-parametric prior on the functional form of the model. While GPSSMs enable us to model a time series in a state space framework by placing a Gaussian Process (GP) prior over the state transition function, probabilistic recurrent state space models (PRSSM) employ variational approximations for handling complicated posterior distributions in GPSSMs. The robust PRSSMs (R-PRSSMs) discussed in this article assume a scale mixture of normal distributions instead of the usually proposed normal distribution. This assumption will accommodate heavy-tailed behavior or anomalous observations in the time series. On any exogenous intervention, we use R-PRSSM for Bayesian fitting and forecasting of the IoT time series. By comparing forecasts with the future internal temperature observations, we can assess with a high level of confidence the impact of an intervention. The techniques presented in this paper are very generic and apply to any time series and intervention combination. To illustrate our techniques clearly, we employ a concrete example. The time series of interest will be an Internet of Things (IoT) stream of internal temperatures measured by an insurance firm to address the risk of pipe-freeze hazard in a building. We treat the pipe-freeze hazard alert as an exogenous intervention. A comparison of forecasts and the future observed temperatures will be utilized to assess whether an alerted customer took preventive action to prevent pipe-freeze loss. Full article
(This article belongs to the Section Forecasting in Computer Science)
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14 pages, 9656 KiB  
Article
A CMOS-Based Power Management Circuit with a Reconfigurable Rectifier and an LDO Regulator for Piezoelectric Energy Harvesting in IoT Applications
by Suany E. Vázquez-Valdés, Primavera Argüelles-Lucho, Rosa M. Woo-García, Edith Osorio-de-la-Rosa, Francisco López-Huerta and Agustín L. Herrera-May
Nanoenergy Adv. 2025, 5(2), 7; https://doi.org/10.3390/nanoenergyadv5020007 - 14 May 2025
Viewed by 604
Abstract
The technological advances in internet of things (IoT) devices have raised the demand for cost-efficient and sustainable energy sources. Piezoelectric energy harvesters (PEHs) are promising low-cost and eco-friendly energy sources but require robust power management circuits (PMCs) for voltage conversion and regulation. This [...] Read more.
The technological advances in internet of things (IoT) devices have raised the demand for cost-efficient and sustainable energy sources. Piezoelectric energy harvesters (PEHs) are promising low-cost and eco-friendly energy sources but require robust power management circuits (PMCs) for voltage conversion and regulation. This work presents a complementary metal–oxide–semiconductor (CMOS)-based PMC, integrating a reconfigurable AC-DC rectifier and a low-dropout (LDO) voltage regulator designed using 0.18 µm Taiwan semiconductor manufacturing company (TSMC) CMOS technology. This design includes an intermediate coupling stage to reduce voltage drop and improve the transfer efficiency of the PMC. In addition, we develop numerical simulations of the PMC performance, achieving a voltage conversion efficiency (VCE) between 72.8% and 43.21% using input voltages from 0.7 V to 2.8 V with a 50 kΩ load resistance. Compared to previous designs, the proposed circuit demonstrates improved stability, reduced area (66.28 mm2), and extended operating voltage range, allowing its potential application for ultra-low-power IoT nodes. This PMC contributes to the development of autonomous systems with reduced battery dependency and enhanced sustainability. Full article
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7 pages, 214 KiB  
Proceeding Paper
Platform-Based Design of a Smart 12-Lead Electrocardiogram Device by Using Multiple Criteria Decision-Making Methods
by Chi-Yo Huang, Ping-Jui Chen and Jeng-Chieh Cheng
Eng. Proc. 2025, 92(1), 68; https://doi.org/10.3390/engproc2025092068 - 14 May 2025
Viewed by 387
Abstract
Smart telemedicine represents an innovative application of information and communication technology within the healthcare sector, encompassing healthcare delivery, disease management, public health surveillance, education, and research. The commercialization of 5G and the extensive adoption of the Internet of Things (IoT) enable smart telemedicine [...] Read more.
Smart telemedicine represents an innovative application of information and communication technology within the healthcare sector, encompassing healthcare delivery, disease management, public health surveillance, education, and research. The commercialization of 5G and the extensive adoption of the Internet of Things (IoT) enable smart telemedicine devices to mitigate geographical and transmission delays, hence enhancing the quality of treatment provided to individuals. Although intelligent medicine is significant, previous studies emphasize the implementation and adoption of systems or technologies with few studies conducted on the platform of smart telemedicine equipment. This study aims to address the research gap by forecasting future developments and delineating smart telemedicine device designs utilizing platform-based design. We introduce a hybrid multi-criteria model that delineates the components of the intelligent medical platform. A portable 12-lead electrocardiogram (ECG) system is used by a global telemedicine technology company to assess the viability of the suggested framework. The portable 12-lead ECG device integrates artificial intelligence (AI), cloud computing, and 6G technology. The results of this study provide a basis for product creation by other smart telemedicine companies, while the platform-based analytical methodology can be employed for future product design. Full article
(This article belongs to the Proceedings of 2024 IEEE 6th Eurasia Conference on IoT, Communication and Engineering)
18 pages, 1282 KiB  
Article
Cross-PLC: An I3oT Cross Platform to Manage Communications for Applications in Real Factories
by Antonio Lacasa, Javier Llopis, Nicolás Montés, Ivan Peinado-Asensi and Eduardo Garcia
Sensors 2025, 25(10), 2973; https://doi.org/10.3390/s25102973 - 8 May 2025
Cited by 1 | Viewed by 457
Abstract
Recently, a new concept has emerged for the development of Industrial Internet of Things (IIoT) applications, the Industrializable Industrial Internet of Things (I3oT). As a criterion for the design of industrial applications, the I3oT imposes the exclusive use of pre-installed elements in the [...] Read more.
Recently, a new concept has emerged for the development of Industrial Internet of Things (IIoT) applications, the Industrializable Industrial Internet of Things (I3oT). As a criterion for the design of industrial applications, the I3oT imposes the exclusive use of pre-installed elements in the company such as PLCs, sensors, IT/OT networks, etc., trying to minimize the impact on the factories and guaranteeing a cheap and assumable scalability for companies, something that cannot be implemented with the vast majority of IIoT applications available in the market. In our previous work, we have used I3oT applications for predictive maintenance on different components: cylinders, presses, welding clamps and also energy-saving tools, detection of bottlenecks and sub-bottlenecks, etc., all of them generalized for the entire factory. However, the main drawback comes from the flow of data through the IT/OT network. This article presents the Cross-PLC, a tool to allow massive data extraction using the company’s IT/OT network by communicating with any type of PLC or brand existing in the market. The Cross-PLC performs passive listening, and through different communication criteria, the Cross-PLC becomes a virtual PLC containing all the parameters necessary for the I3oT applications developed. This article presents the design of this tool, its implementation and use at Ford Factory in Almussafes (Valencia). Full article
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15 pages, 696 KiB  
Article
“Avoidance” Is Not “Escape”: The Impact of Avoidant Job Crafting on Work Disengagement
by Tianan Yang, Ying Wang, Jingyi Liu, Tianyu Wang, Wenhao Deng and Jianwei Deng
Behav. Sci. 2025, 15(5), 611; https://doi.org/10.3390/bs15050611 - 1 May 2025
Cited by 1 | Viewed by 575
Abstract
In a highly competitive and high-pressure workplace environment, more and more employees may fall into negative work situations such as work disengagement. The actual effectiveness of avoidant job crafting as a proactive behavior of employees in coping with stress remains controversial, and the [...] Read more.
In a highly competitive and high-pressure workplace environment, more and more employees may fall into negative work situations such as work disengagement. The actual effectiveness of avoidant job crafting as a proactive behavior of employees in coping with stress remains controversial, and the positive aspects of its impact are not explored. Based on conservation of resources theory, this study argues that avoidant job crafting mitigates employees’ self-control resource depletion, which in turn effectively helps employees to reduce work disengagement; the above process is moderated by career identity. To test the above hypotheses, this study collects 455 cross-sectional data from Internet companies in various regions of China and uses structural equation modeling to conduct an analysis. The results show the following: avoidant job crafting has a significant negative effect on work disengagement; self-control resource depletion partially mediates the effect of avoidant job crafting on work disengagement; and the negative relationship between avoidant job crafting and self-control resource depletion is stronger when employees’ career identity is higher and vice versa when it is weaker. The above results guide managers to help employees adjust avoidant job crafting correctly and escape negative work situations. Full article
(This article belongs to the Section Organizational Behaviors)
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20 pages, 1579 KiB  
Article
Optimizing Customer Experience by Exploiting Real-Time Data Generated by IoT and Leveraging Distributed Web Systems in CRM Systems
by Marian Ileana, Pavel Petrov and Vassil Milev
IoT 2025, 6(2), 24; https://doi.org/10.3390/iot6020024 - 21 Apr 2025
Cited by 1 | Viewed by 1071
Abstract
Integrating smart devices from the Internet of Things (IoT) with Customer Relationship Management (CRM) systems presents significant opportunities for enhancing customer experience through real-time data utilization. This article explores the technological frameworks and practical solutions for achieving seamless integration of IoT data within [...] Read more.
Integrating smart devices from the Internet of Things (IoT) with Customer Relationship Management (CRM) systems presents significant opportunities for enhancing customer experience through real-time data utilization. This article explores the technological frameworks and practical solutions for achieving seamless integration of IoT data within CRM platforms. By leveraging distributed Web systems, this study demonstrates how companies can improve scalability, responsiveness, and personalization in managing customer relationships. This paper outlines key architectural designs for distributed Web systems that ensure efficient real-time data processing while addressing challenges such as security, system integration, and the demands of analytics. This research provides insights into overcoming these challenges with strategies like load balancing, edge processing, and advanced encryption protocols. Results from simulations and practical implementations underscore the effectiveness of these approaches in optimizing operational efficiency and delivering hyper-personalized customer experiences. This study aims to bridge the gap between theoretical possibilities and real-world applications, offering actionable guidelines for organizations to fully leverage IoT-driven CRM systems. Full article
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22 pages, 1588 KiB  
Article
Coordinating Construction Machinery Leasing Supply Chains Under Integrated Installation–Dismantling Services: A Game-Theoretic Approach with Profit–Cost Sharing Contracts
by Jing Yin, Hao Chen, Jiawei Zhang, Tingting Wang and Shunyao Cai
Buildings 2025, 15(8), 1217; https://doi.org/10.3390/buildings15081217 - 8 Apr 2025
Viewed by 341
Abstract
Construction machinery operations are intrinsically linked to critical societal challenges, including safety risks and carbon emissions. In response to the high incidence of fatal accidents during installation and dismantling phases, the Chinese government has officially promoted integrated installation–dismantling services to enhance construction safety [...] Read more.
Construction machinery operations are intrinsically linked to critical societal challenges, including safety risks and carbon emissions. In response to the high incidence of fatal accidents during installation and dismantling phases, the Chinese government has officially promoted integrated installation–dismantling services to enhance construction safety since 2023. However, the economic viability of this policy for leasing companies remains largely underexplored. To address this gap, this paper develops a leasing-oriented closed-loop construction machinery supply chain model that incorporates integrated installation–dismantling services under an industrial internet platform. The study first compares and analyzes the product leasing demand, installation and dismantling demand, and supply chain profits under both centralized and decentralized decision-making scenarios. Based on these analyses, a profit–cost sharing joint contract is designed to coordinate the supply chain. Furthermore, the interrelationships among key parameters are examined through a sensitivity analysis and numerical simulation. The results reveal that enhancing leasing information services increases both the demand for construction machinery and the platform’s operating costs. These costs are positively correlated with the product’s selling price, leading to higher purchasing costs for lessees. Similarly, improving information services for installation and dismantling raises the platform’s operating costs and enhances service levels, which in turn increases installation and dismantling costs for lessees. The findings demonstrate that within a certain range of cost-sharing and leasing-sharing proportional coefficients, the joint contract enables the supply chain to achieve Pareto optimization. This approach simultaneously alleviates economic pressure on lessees, improves construction safety, and promotes the integration of installation and dismantling services. Full article
(This article belongs to the Special Issue Advances in Life Cycle Management of Buildings)
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