KJ’S Educational Institute
KJ College of Engineering & Research,
Pune
Seminar Review-II
Industry 4.0
What’s it All About
PRESENTED BY: SHRADDHA DHESALE NAME OF GUIDE: PROF.
D.J GOYER
Contents
Introduction
Topic Description
Seminar Review-I Suggestions
Methodology
Conclusion &Research papers progress
References
Introduction
Industry 4.0 technology helps you manage and optimize all aspects of your
manufacturing processes and supply chain.
It gives you access to the real-time data and insights you need to make
smarter, faster decisions about your business, which can ultimately boost the
efficiency and profitability of your entire operation.
Topic Description
Digitization of manufacturing process is the need for today’s industry.
The manufacturing industries are currently changing from mass production to customized
production.
The rapid advancements in manufacturing technologies and applications in the industries
help in increasing productivity.
The term Industry 4.0 stands for the fourth industrial revolution which is defined as a new
level of organization and control over the entire value chain of the life cycle of products.
Industry 4.0 is still visionary but a realistic concept which includes Internet of Things,
Industrial Internet, Smart Manufacturing and Cloud based Manufacturing.
Industry 4.0 concerns the strict integration of human in the manufacturing process so as to
have continuous improvement and focus on value adding activities and avoiding wastes.
Stages of revolution
Industry 4.0 is the ongoing transformation of traditional manufacturing and
industrial practices combined with the latest smart technology.
Principles of fourth
revolution
What’s inside?
Benefits of industry 4.0
Improve consistency of production
Increase efficiency
Less waste
Sustainable manufacturing
Increase customer satisfaction
Conclusion
Industry 4.0, which is similar with smart manufacturing, is the
realization of the digital transformation of the field, delivering real-time
decision making, enhanced productivity, flexibility and agility to
revolutionize the way companies manufacture, improve.
References
J. Qin, Y. Liu, R. Grosvenor
A Categorical Framework of Manufacturing for Industry 4.0 and
Beyond
Changeable, Agile, Reconfigurable & Virtual Production, Procedia
CIRP, 52 (2016)
K.D. Thoben, S. Wiesner, T. Wuest
Industrie 4.0 and Smart Manufacturing- A Review of Research Issues
and Application Examples
