article thumbnail

Are Industry 4.0 and Lean Manufacturing Mutually Exclusive?

USC Consulting Group

Lean manufacturing and Industry 4.0 According to a recent research report spearheaded by IndustryWeek, lean manufacturing systems is a major priority among manufacturers in the U.S. So if lean manufacturing aims to reduce operational expenses, while Industry 4.0 You can stay lean and leverage Industry 4.0 Industry 4.0

article thumbnail

Considering Cloud/On-Premise, Collaborative Operations and IIoT for Manufacturing Execution

DELMIA Quintiq

The solution brings Lean practices to the shop floor as an integral part of operations by providing a digitalized solution that empowers managers and teams to communicate, organize and solve problems more effectively.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

GlobalTranz

Agile = The New Lean. Another key player in the 2016 state of supply chain report was the move away from rigid, lean processes to agile methodologies. Ultimately, lean supply chain processes improved efficiency, but they limited the variability and adaptability within a company.

article thumbnail

Strategies for Embracing the Internet of Things

Supply Chain Brain

A fair number of companies are leaning toward the latter view. How can they respond in a timely manner to the rapid and unrelenting flow of data from countless devices hooked up to the internet? How, for example, can they distinguish between information that’s relevant to the organization, and that which is useless?

article thumbnail

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Internet of Things (IoT) brings more connectivity in the supply chain network to advance visibility and agility to the logistics and supply operations. The philosophy of lean, triggers us to look for the “Ideal Way”. Arguably, it is criticised that acting too lean can cause breakdowns in crisis. Customer Centricity.

article thumbnail

LEAN throughtout the Supply Chain

The Lean Supply Chain

If a new IT product is developed, like the Internet of Things (IoT), Internet of Everything (IoE) or Trading Partner Interface (TPI), it is studied/simulated by the 4PL and introduced to the customer for approval to be part of the customer’s Supply Chain. Why extended Lean in the Supply Chain?

article thumbnail

Industry 4.0 was Delayed, not Cancelled, by the Pandemic

Enterra Insights

are: The Industrial Internet of Things (IIoT), big data, cloud computing, advanced robotics, additive manufacturing, and augmented reality. To survive hard times, and thrive when things get better, Fretty believes manufacturers have to be both efficient and lean.