The shift to Industry 4.0
will change the way factories are managed and operate and everyone will have to address the daily obstacles which ultimately impact the company’s financial performance.
Cloud-based processes, allow everyone to interpret data and address problems at every stage of the production supply chain in time to make corrections.
It will even allow factories to better understand design and marketing, the problems facing their customers.
IR4 will revolutionize data collection on the factory floor, enabling managers to make instant decisions.
Everyone will be able to act immediately. But this in turn means that managers who currently only possess technical experience gained in the traditional factory set-up will need to develop the appropriate managerial and analytical skills allowing them to make those instant decisions correctly.
In other words, IR4 will allow companies to improve performance as long as their workforces have the appropriate skills.
But preparing for the new digital age is a long-term process and companies need to move now in reinventing and redesigning manufacturing platform and directions.