scholarly journals Development of Product Resource Inventory Control Using Forecasting In ‘SMED’

2018 ◽  
Vol 1 (1) ◽  
pp. 82-93
Author(s):  
Wei Jie Woon ◽  
Siti Zubaidah Ismail
Keyword(s):  
Inventory Control ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Current Trend ◽  
Smart Manufacturing ◽  
Physical Systems ◽  
Product Service ◽  
Resource Inventory ◽  
Manufacturing Organization ◽  
Main Components

Industry 4.0 known as “Fourth Industrial Revolution” and also “smart manufacturing” is the current trend of the manufacturing organization. There are four main components for Industry 4.0 which are Internet of Things (IoT), Cyber Physical Systems (CPS), Internet of Services (IoS) and Smart Factory. Product service system (PSS) is a system that combine product and service; to fulfill customer demand and increase their satisfaction level. The main objective of inventory control is to prevent storage overload and ensure storage always have sufficient supply for the customer. By adding sensor, the inventory in storage can be counted and controlled. The output from the sensor can be displayed on the computer and the operator can look out the storage status. Forecasting in inventory can predict the trend of the inventory in future. This allow operator to keep tracking on their reorder point and make sure the inventory never run out.

scholarly journals Industry 4.0 and smart manufacturing convergence: profiling guidelines for a fourth revolution

2020 ◽  
Vol 9 (2) ◽  
pp. 464
Author(s):  
John Henry Avila ◽  
Richard De Jesús Gil-Herrera
Keyword(s):  
Industry 4.0 ◽  
Information Technologies ◽  
Industrial Revolution ◽  
Semantic Representation ◽  
Smart Manufacturing ◽  
Global Trends ◽  
Physical Systems ◽  
Service Companies ◽  
Fourth Industrial Revolution ◽  
Connectivity Information

Nowadays, all companies are subject to new global trends related to smart manufacturing, connectivity, information technologies applications, big cloud-based data analysis, Cyber-Physical Systems, among others. These factors generate changes in the supply chain of manufacturing and service companies. According to literature reviewing, the applicable central model of the new trends, which allows these companies to face these changes, has been in continues movement. To understand the behavior of these trends, a documentary review related to Industry 4.0 and Smart Manufacturing as trends that outline the fourth industrial revolution, is facing through this work. As result of this review, the authors to develop holistically a semantic representation of the main terms of descriptive figures and graphs, some components and terminology related to Industry 4.0 and Smart Manufacturing. As main conclusion, this reached integrated view, aimed to establish a semantic guideline of the fourth industrial revolution that may be also applicable to the enterprise no matter its size.  

scholarly journals Effects of Industry 4.0 on the Labor Markets of Iran and Japan

Economies ◽  
2018 ◽  
Vol 6 (3) ◽  
pp. 39 ◽  
Author(s):  
Majid Ziaei Nafchi ◽  
Hana Mohelská
Keyword(s):  
Labor Markets ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Developed Countries ◽  
Cyber Physical Systems ◽  
Physical Systems ◽  
Science Technology ◽  
Levels Of Automation ◽  
Technology And Economy ◽  
The Impact

Industry 4.0 is the essence of the fourth Industrial revolution and is happening right now in manufacturing by using cyber-physical systems (CPS) to reach high levels of automation. Industry 4.0 is especially beneficial in highly developed countries in terms of competitive advantage, but causes unemployment because of high levels of automation. The aim of this paper is to find out if the impact of adopting Industry 4.0 on the labor markets of Iran and Japan would be the same, and to make analysis to find out whether this change is possible for Iran and Japan with their current infrastructures, economy, and policies. With the present situation of Iran in science, technology, and economy, it will be years before Iran could, or better say should, implement Industry 4.0. Japan is able to adopt Industry 4.0 much earlier than Iran and with less challenges ahead; this does not mean that the Japanese labor market would not be affected by this change but it means that those effects would not cause as many difficulties as they would for Iran.

scholarly journals How connectivity and search for producers impact production in Industry 4.0 networks

2018 ◽  
Vol 15 (4) ◽  
pp. 528-534
Author(s):  
Adriano Pereira ◽  
Eugênio De Oliveira Simonetto ◽  
Goran Putnik ◽  
Helio Cristiano Gomes Alves de Castro
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Cyber Physical Systems ◽  
Average Degree ◽  
Collaborative Networks ◽  
Production Network ◽  
Simulation Environment ◽  
Physical Systems ◽  
Study Results ◽  
The Internet Of Things

Technological evolutions lead to changes in production processes; the Fourth Industrial Revolution has been called Industry 4.0, as it integrates Cyber-Physical Systems and the Internet of Things into supply chains. Large complex networks are the core structure of Industry 4.0: any node in a network can demand a task, which can be answered by one node or a set of them, collaboratively, when they are connected. In this paper, the aim is to verify how (i) network's connectivity (average degree) and (ii) the number of levels covered in nodes search impacts the total of production tasks completely performed in the network. To achieve the goal of this paper, two hypotheses were formulated and tested in a computer simulation environment developed based on a modeling and simulation study. Results showed that the higher the network's average degree is (their nodes are more connected), the greater are the number of tasks performed; in addition, generally, the greater are the levels defined in the search for nodes, the more tasks are completely executed. This paper's main limitations are related to the simulation process, which led to a simplification of production process. The results found can be applied in several Industry 4.0 networks, such as additive manufacturing and collaborative networks, and this paper is original due to the use of simulation to test this kind of hypotheses in an Industry 4.0 production network.

Opportunities, Challenges, and Solutions for Industry 4.0

2021 ◽  
pp. 1-20
Author(s):  
Hee Song Ng
Keyword(s):  
Multinational Corporations ◽  
Industry 4.0 ◽  
Capital Investment ◽  
Industrial Revolution ◽  
Current Trend ◽  
Assessment Tools ◽  
Future Research ◽  
Technological Advancement ◽  
Role Of Government ◽  
Local Companies

Industry 4.0 (I4.0) is the fourth industrial revolution sweeping through the world of manufacturing. This revolution integrates the current trend of intelligent automation with internet of things (IoT), big data, and artificial intelligence to bring about extraordinary technological innovation, economic growth, and tremendous progress to organizations of all shapes and sizes, on a magnitude beyond the current imagination. The disruptive technologies introduced by I4.0 represent a leap forward from more traditional automation to next generation industrial production based on fully web-based cyber-physical systems (CPS)s. To full understand the I4.0 concept and implementation, this chapter makes an in-depth analysis on the issues and controversies of I4.0, recent technological advancement, management and organizational concerns in terms of opportunities and threats, capital investment and skillsets, cybersecurity threat, ethics consideration, current challenges facing organizations and industry in terms of geopolitical domination, economic and social disenfranchisement, job destruction and job creation, the roles of multinational corporations, lack of technologies capabilities, lack of skillset, and skill mismatches. This chapter also makes suggestions for solutions and recommendations in terms of the role of government and incentives and grants; assessment tools; collaboration; the development of local companies and small and medium-sized enterprises (SMEs); upskilling, reskilling, and lifelong learning; education; universities and students; skilled graduates; and future research and directions.

Industrial revolution 4.0: implication to libraries and librarians

2019 ◽  
Vol 37 (1) ◽  
pp. 1-5 ◽  
Author(s):  
Abid Hussain
Keyword(s):  
Artificial Intelligence ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Current Trend ◽  
Library Services ◽  
Content Type ◽  
Strategic Approach ◽  
Traditional Manufacturing ◽  
Future Of Education ◽  
Industrial Revolutions

Purpose Industry 4.0 is a term for the so-called Fourth Industrial revolutions. It is the technological integration of cyber-physical systems (CPS) in the process of production. CPS enables internet-based process networking with all participants in the process of value creation. The industrial revolution is actually changing how we live, work and communicate. Many trades have highly been affected by 4IR, libraries are one of them. The libraries of twenty-first century are shifting their paradigms from traditional setup to modern information networking. As people and machines are connecting to each other at enormous speed, artificial intelligence, mobile computing, machine learning and automation of every trade have become a need of the day. Automation and artificial intelligence are change agents in 4IR that will make certain groups of employees redundant, replacing them with new workers with the needed skills or with machines that do the job cheaper. This paper aims to shed light on how the 4IR will “shape the future of education, gender, work and library services”. The purpose of this paper is to highlight the challenges being faced by the library and librarians in the age of Industrial 4.0 revolution in contemporary society. The purpose of this study is to review the past literature on Industrial Revolutions 4.0 in education and interlink them with Library services. Design/methodology/approach The current study performs a systematic and content-centric review of literature relevant to library services. The literature of this study is based on a six-stage approach to identify the design principles and technology trends of 4IR in education and Library services. Findings Industry 4.0 Revolution is the current trend of revolutionary technology, which has affected many services in this age of globalization. Similar, Library services have highly been affected by 4IR. An effort has been made to highlight the vari-ous challenges being faced by libraries and librarians in this age of information. Some solutions have been presented to the library professionals to overcome this technology to boost its services up to the entire satisfaction of the patrons. Research limitations/implications The strategic approach in this study can serve the academicians and practitioners in the field of librarianship as a stepping stone to develop a successful transition from traditional manufacturing into the industry 4.0. Originality/value The study is among the first to identify the challenges being faced by libraries and librarians in this age of Industrial revolutions.

scholarly journals New Developments in Cyber Physical Systems, the Internet of Things and the Digital Economy – Discussion on Future Developments in the Industrial Internet of Things and Industry 4.0

2019 ◽  
Author(s):  
Petar Radanliev ◽  
David De Roure ◽  
Jason R.C. Nurse ◽  
Razvan Nicolescu ◽  
Michael Huth ◽  
...  
Keyword(s):  
Internet Of Things ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Cyber Physical Systems ◽  
Digital Economy ◽  
Industrial Internet Of Things ◽  
New Developments ◽  
Physical Systems ◽  
Fourth Industrial Revolution ◽  
Industrial Internet

The world is currently experiencing the fourth industrial revolution driven by the newest wave of digitisation in the manufacturing sector. The term Industry 4.0 (I4.0) represents at the same time: a paradigm shift in industrial production, a generic designation for sets of strategic initiatives to boost national industries, a technical term to relate to new emerging business assets, processes and services, and a brand to mark a very particular historical and social period. I4.0 is also referred to as Industrie 4.0 the New Industrial France, the Industrial Internet, the Fourth Industrial Revolution and the digital economy. These terms are used interchangeably in this text. The aim of this article is to discuss major developments in this space in relation to the integration of new developments of IoT and cyber physical systems in the digital economy, to better understand cyber risks and economic value and risk impact. The objective of the paper is to map the current evolution and its associated cyber risks for the digital economy sector and to discuss the future developments in the Industrial Internet of Things and Industry 4.0.

scholarly journals Urgency of “industry 4.0” concept introduction in modern mechanical engineering

2016 ◽  
Vol 1 (7) ◽  
pp. 45-48 ◽  
Author(s):  
Александр Ингеманссон ◽  
Aleksandr Ingemansson
Keyword(s):  
Industry 4.0 ◽  
Mechanical Engineering ◽  
Industrial Revolution ◽  
Engineering Management ◽  
Cyber Physical Systems ◽  
Basic Principles ◽  
Physical Systems ◽  
Technological Control ◽  
Efficiency Increase ◽  
Software And Hardware

The contents of the “Industry 4.0” concept are revealed. The basic principles of “Industry 4.0” concepts, “Internet things” and the contents of the so-called the “Fourth industrial revolution” are described. The promising trend in mechanical engineering due to the creation and integration of cyber-physical systems including technological, control, transport and other equipment is characterized. The review of current software and hardware tools for efficiency increase in mechanical engineering management of – MES-, APS-, SCADA-, MDC- systems. The purposeful trends and criteria of efficiency estimate in the introduction of cyber-physical systems for the realization of the “Industry 4.0” concept in mechanical engineering are characterized.

An Initial Framework for Implementation of Industry 4.0 in the High Technological Manufacturing Sector in Southern California

2019 ◽  
Author(s):  
Sagil James ◽  
Anupam Shetty
Keyword(s):  
Industry 4.0 ◽  
Southern California ◽  
Industrial Revolution ◽  
Manufacturing Sector ◽  
Smart Manufacturing ◽  
New Paradigm ◽  
Manufacturing Sectors ◽  
Southern California Region ◽  
The Internet Of Things ◽  
Initial Framework

Abstract The fourth industrial revolution, also known as Industry 4.0 is a new paradigm that is significantly influencing several manufacturing industries across the globe. Industry 4.0 synchronizes concepts such as Smart Manufacturing, Smart Factory, and the Internet of Things with existing factory automation technologies in order to improve value in manufacturing by monitoring key performance indicators and creates value in all manufacturing related aspects. Currently, several industries have started early initiatives of implementing these technologies. As the industries are evaluating their readiness for implementing the Industry 4.0 concepts, there are several challenges which need to be addressed including high initial investment, lack of standardization, data security and lack of skilled labor. A strategic roadmap towards implementing the Industry 4.0 paradigms is still unclear in the industry as well as in academia. This research develops an initial framework for the effective implementation of Industry 4.0 in the high technology manufacturing sectors in the Southern California region. The results of this study are expected to provide a platform to expand the opportunities of Industry 4.0 further and facilitate worldwide adoption.

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