What is Smart Products

Industry 4.0, and in general, digital technologies, represent a fundamental model shift towards decentralization and individualized production. With this, the development of new services and business models based on the internet is encouraged. Somehow, this forces traditional supply chains to evolve into highly adaptative networks. Companies have to consider their internal resources and the benefits of getting closer to partners in the supply chain. In this sense, the implementation of these technologies is accompanied by a series of sustainable implication at economic, environmental, and social levels.