ISM-MICMAC Analysis of Advanced Manufacturing Technology Adoption Enablers and Barriers

Advanced manufacturing technologies have a positive impact on the efficiency of firms, facilitating product design and fabrication, improving connectivity among resources, and optimizing planning processes. Consequently, the adoption of these technologies has garnered increasing interest in the field. However, the literature has not fully explored the interrelationships among the enablers and barriers that influence adoption decisions. This study investigates these factors using interpretive structural modeling and cross-impact matrix multiplication applied to a classification analysis, complemented by bootstrap resampling to provide statistical validation of the results. The findings indicate that corporate structure as an enabler and economic barrier significantly drives adoption decisions. These results highlight the need for stakeholders to address these factors to ensure the successful implementation of advanced manufacturing technologies.