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Industry 4.0 is all about the wise capture, analytics, and use of data. Typically companies seek to improve the speed and quality of decision-making, often automating the implementation of rules-based decisions, in their IIoT efforts.Digital transformation uses data for those, and even more forward looking scenarios that currently are impossible
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., predicts supply chain disruptions to continue through 2023. She suggests implementing a SIOP/S&OP (Sales and Operations Planning) process to mitigate the swings associated with disruptions. LMA Consulting Group works with manufacturers and distributors on
Industry 4.0 is the topic of conversation in manufacturing today. But most of us have not yet figured out all we can and should do with Industry 3.0. What’s the difference, and do we need to wait?Simply put, Industry 3.0 refers to automation, and Industry 4.0 refers to data —
MIT alumna Janelle Heslop’s passions for sustainability and diversity in STEM put her in the driver’s seat for siting Amgen’s $1 billion flagship next-generation factory, and drove her founding of the MIT LGO Underrepresented Minority Alumni Group.
Rather than follow a rigid blueprint, executives must help organizations focus on sensing and responding to unpredictable market conditions.