Transformers Magazine, Vol. 5 No. 1, 2018.
Original scientific paper
The future of manufacturing - Precautionary measures for Industry 4.0
Mike Vincent
; Deloitte Africa
Mladen Banović
; Merit Services Int
Abstract
Manufacturing today is no longer simply about making physical products, but about finding new ways to create and capture value for the end user. Changes occurring on multiple fronts – customer demands, the economics of production and the economics of the value chain – have led to major shifts in the way products are designed, produced and sold. This article focuses on precautionary measures to consider for companies implementing or planning to implement Industry 4.0 practices.
Keywords
manufacturing; Industry 4.0; Internet of Things; transformer
Hrčak ID:
195248
URI
Publication date:
8.1.2018.
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