Technological Disruption in Manufacturing - Redefining Buyer-Supplier Relationships and Business Models in the Industry 4.0 Era

The impact of Industry 4.0-related technology shifts on buyer-supplier dynamics (BSD) is the subject of this research. As evidence, it draws on 17 expert interviews with manufacturing company managers in India. In order to infer meaning from the empirical data and discover overarching themes, patterns, and categories, a qualitative content analysis is carried out. The paper concludes that moving different value creation activities to platforms, digitised and automated procedures will form the basis of most future transactions in manufacturing supply chains. A more passionate character emerges in BSD. A company's supplier base may be streamlined by identifying and working with its most valuable strategic suppliers. Additional research may build on these findings by comparing and contrasting BSD across other sectors or stages of the value chain, and then drawing comparisons and highlighting commonalities. Management theory and business practise may both benefit from the findings presented in this article. As for BSD, they aid businesses in realising Industry 4.0's full promise by establishing and maintaining competitive advantages over the long run. Among the first to do so, this research uses Industry 4.0 to conduct an empirical investigation of BSD.