A Continuous Improvement ( Kaizen ) Driven Approach for Realistic Digital Transformation
LEVERAGING THE OPPORTUNITIES PROVIDED BY SMART MANUFACTURING
Globalization has intensified worldwide competition with frequent product introduction and rapid changes in product demand . The evolution of the value chain brought by globalization impels the manufacturing revolution , in which digitalization becomes essential .
Digital transformation is at the heart of the manufacturing revolution , creating a new , unprecedented landscape for the manufacturing industry with the use of data . New technology trends combined with innovative business processes , offer manufacturers unprecedented opportunities to enhance their value proposition . The manufacturing industry is changing its way many strategic initiatives such as IIC and e-F @ ctory Alliance , touch the challenges by developing reference models with pilot studies to establish smart manufacturing and tap its potential . Technologies such as IoT , data analytics , additive manufacturing , 5G , etc ., are highlighted to enable the implementation of smart manufacturing .
The manufacturing industry is then endeavoring to answer the call of smart manufacturing by setting out action plans for implementation . A process ( Figure 2-1 ) proven in e-F @ ctory shows that the successful implementation needs a strong combination of enabling technologies , concerns in practice , and reasonable ROI ( Return on Investment ) to achieve a successful implementation output . It firmly believes , if delivered as a combined package of measures , will achieve the manufacturer ambition of becoming a global competitive leader in smart manufacturing .
Figure 2-1 Realistic approach in smart manufacturing practice
38 November 2021