What’s next for Industry 4.0 and advanced manufacturing? What are the manufacturing trends of the future? This article considers the main trends, which include the use of smaller and more powerful robots and other areas. 1. Additive Manufacturing Advancements in additive manufacturing can help companies reduce energy costs, limit waste, and boost production. Plus, these …
Lean Production is widely recognized and accepted in the industrial setting. It concerns the strict integration of humans in the manufacturing process, a continuous improvement and focuses on value-adding activities by avoiding waste. However, a new paradigm called Industry 4.0 or the fourth industrial revolution has recently emerged in the manufacturing sector. It allows creating …
How are Lean Manufacturing and Industry 4.0 connected? Read More
Manufacturing has traditionally been considered to be a process that turns raw materials into physical products. Nowadays, the production phase is only a small part of a much wider value chain which is becoming increasingly interconnected. Manufacturers eager to reap the benefits of Industry 4.0, including greater visibility and control, cost savings and more efficient …
In the vision of Industry 4.0, a fully interoperable ecosystem of machines and partners will be realized across the supply chain and data will both inform and correct the course of actions. According to Accenture, Industry 4.0 – also known as The Industrial Internet of Things (IIoT) – could add $14.2 trillion to the global …
