Deciphering Industry 4.0 part 3: Smart manufacturing technology

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Smart Manufacturing Technology

The future of making things will depend as much on smart logistics – supply and delivery – as on the smart technology in the factory. Factory technology has been developed to save companies money and resources, enable more flexible manufacturing, increase speed and offer product variation. But there seems little point in making products more intelligently to save money if the delivery process is flawed, losing money down the value chain. Smart logistics can be seen in two broad ways: 1) the intelligent hardware that delivers material within a factory and 2) connecting customer and factory data to the tools of logistics to make them more efficient, especially in areas such as predictive maintenance.

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This paper also explores mass customization. This is the technology and business systems that are required to personalize products for the individual buyer but still make them in high volume, economically.

You can read the free-to-access white paper by clicking here (direct download)

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