Manufacturing Today - August 2017 - 6

COLUMN BY | TERRI HISKEY

Manufacturing Reinvention
it's the future of manufacturing as we know it.
here's what operations executives need to know

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Industry 4.0 facilitates fundamental
improvements to the industrial processes involved in manufacturing,
engineering, material usage, asset
performance and management, and
supply chain and lifecycle management. It is not just about improved
performance and efficiency; it's also
about enhancing agility, flexibility and
speed-to-market when designing and
launching new products and services.
It also gives organizations something even more powerful - the means
to navigate change. This is crucial at a
time when manufacturers are reinventing their business models to focus on value-added services, and/or
entering new geographic and adjacent
market segments.
From a business perspective, Industry 4.0 supports four major tenets
of operational execution:
* Interoperability;
* Information transparency;
* Actionable insights; and
* Automation.

B UY AMERICAN

A LFAB INC.

L EGAL

N EWS

T ECHNOLOGY

M F G TOMORROW

D IALOGUE

M ARKETING

I MPROVEMENT

F U N D E M E N TA LS

A CCOUNTING

L AST PAGE

I NDUSTRY4.0

There is a lot of buzz around the various technology enablers of Industry 4.0. But, viewing Industry 4.0 as a technology initiative is a mistake. Why? Because Industry 4.0 is more than this - it's the
future of manufacturing as we know it.

These tenets in turn, support several
business imperatives. These include:
* Scaling globally, scaling to purpose - Today's Industry 4.0-outfitted factories are empowered
to drive productivity and keep
costs down while ensuring quality and consistency across man6

manufacturing-today.com AUGUST 2017


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Table of Contents for the Digital Edition of Manufacturing Today - August 2017

Table of Contents
Manufacturing Today - August 2017 - Cover1
Manufacturing Today - August 2017 - Cover2
Manufacturing Today - August 2017 - 1
Manufacturing Today - August 2017 - Table of Contents
Manufacturing Today - August 2017 - 3
Manufacturing Today - August 2017 - 4
Manufacturing Today - August 2017 - 5
Manufacturing Today - August 2017 - 6
Manufacturing Today - August 2017 - 7
Manufacturing Today - August 2017 - 8
Manufacturing Today - August 2017 - 9
Manufacturing Today - August 2017 - 10
Manufacturing Today - August 2017 - 11
Manufacturing Today - August 2017 - 12
Manufacturing Today - August 2017 - 13
Manufacturing Today - August 2017 - 14
Manufacturing Today - August 2017 - 15
Manufacturing Today - August 2017 - 16
Manufacturing Today - August 2017 - 17
Manufacturing Today - August 2017 - 18
Manufacturing Today - August 2017 - 19
Manufacturing Today - August 2017 - 20
Manufacturing Today - August 2017 - 21
Manufacturing Today - August 2017 - 22
Manufacturing Today - August 2017 - 23
Manufacturing Today - August 2017 - 24
Manufacturing Today - August 2017 - 25
Manufacturing Today - August 2017 - 26
Manufacturing Today - August 2017 - 27
Manufacturing Today - August 2017 - 28
Manufacturing Today - August 2017 - 29
Manufacturing Today - August 2017 - 30
Manufacturing Today - August 2017 - 31
Manufacturing Today - August 2017 - 32
Manufacturing Today - August 2017 - 33
Manufacturing Today - August 2017 - 34
Manufacturing Today - August 2017 - 35
Manufacturing Today - August 2017 - 36
Manufacturing Today - August 2017 - 37
Manufacturing Today - August 2017 - 38
Manufacturing Today - August 2017 - 39
Manufacturing Today - August 2017 - 40
Manufacturing Today - August 2017 - 41
Manufacturing Today - August 2017 - 42
Manufacturing Today - August 2017 - 43
Manufacturing Today - August 2017 - 44
Manufacturing Today - August 2017 - 45
Manufacturing Today - August 2017 - 46
Manufacturing Today - August 2017 - 47
Manufacturing Today - August 2017 - 48
Manufacturing Today - August 2017 - 49
Manufacturing Today - August 2017 - 50
Manufacturing Today - August 2017 - 51
Manufacturing Today - August 2017 - 52
Manufacturing Today - August 2017 - 53
Manufacturing Today - August 2017 - 54
Manufacturing Today - August 2017 - 55
Manufacturing Today - August 2017 - 56
Manufacturing Today - August 2017 - 57
Manufacturing Today - August 2017 - 58
Manufacturing Today - August 2017 - 59
Manufacturing Today - August 2017 - 60
Manufacturing Today - August 2017 - 61
Manufacturing Today - August 2017 - 62
Manufacturing Today - August 2017 - 63
Manufacturing Today - August 2017 - 64
Manufacturing Today - August 2017 - Cover3
Manufacturing Today - August 2017 - Cover4
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http://www.nxtbook.com/nxtbooks/schofield/mt_2010winter
http://www.nxtbook.com/nxtbooks/schofield/mt_2009fall
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