Abstract
This paper proposes a taxonomy for characterizing manufacturing execution systems and discusses how they can benefit from the recent Developments of Industry 4.0. The study is based on a literature review. The taxonomy contributes to theory and practice by providing a framework for benchmarking of manufacturing execution systems. The taxonomy can be utilized in the selection or design process of the manufacturing execution systems. Outlining the further opportunities provided by Industry 4.0 technologies, the paper also provides directions for future improvements of manufacturing execution systems.