Automotive Is Driving The Smart Factory Revolution
Manufacturing Today|March 2020
What makes automotive the ideal candidate for smart technology?
Maneesh Pant
Automotive Is Driving The Smart Factory Revolution

Energy conservation enabled by IIOT is not only reducing costs but is also helping to drive sustainability. Sample this: production shops are going paperless, Kanban / productivity charts are being replaced with smart monitors, and tabs are substituting HMIs to enter production/quality data. The modern age is not only a period of sustainable growth but also ‘smart’ models. Global OEMs & technology providers are coming together to create newer smart factories. The need to drive productivity gains, cost reduction, & customer satisfaction is dominating business like nothing else. Welcome to Industry 4.0. Capgemini Research Institute’s latest report on its smart factory series, How automotive organisations can maximise the smart factory potential, states the automotive industry is leading the way in the smart factory model. The reason: the need for high-value, high-volume and high-complexity products that demand frequent changes.

This story is from the March 2020 edition of Manufacturing Today.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the March 2020 edition of Manufacturing Today.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MANUFACTURING TODAYView All
Optimising milling operations
Manufacturing Today

Optimising milling operations

Exploring innovative strategies that are reshaping the milling landscape to meet the challenges of a competitive global market.

time-read
3 mins  |
Decemeber 2024
The path to excellence
Manufacturing Today

The path to excellence

Tata AutoComp’s Double Deming triumph is testament to quality and innovation

time-read
5 mins  |
Decemeber 2024
Boosting India's energy efficiency with advanced low voltage motors
Manufacturing Today

Boosting India's energy efficiency with advanced low voltage motors

Stefan Floeck, Division President of IEC Low Voltage Motors at ABB Motion, discusses the role of low voltage motors in India’s industrial future.

time-read
5 mins  |
Decemeber 2024
The Tech of E-commerce
Manufacturing Today

The Tech of E-commerce

Technology is revolutionising e-commerce by enhancing demand forecasting, inventory management, and customer experiences through AI, blockchain, IoT, and real-time data analytics.

time-read
5 mins  |
Decemeber 2024
Driving Sustainability and Innovation
Manufacturing Today

Driving Sustainability and Innovation

A conversation with Rajendra B Chunodkar, President Manufacturing Operations, Lupin

time-read
5 mins  |
Decemeber 2024
The evolution of machining technologies
Manufacturing Today

The evolution of machining technologies

The evolution of machining technologies is reshaping the manufacturing landscape, offering unprecedented opportunities for efficiency, precision, and sustainability.

time-read
5 mins  |
Decemeber 2024
Transforming the future of manufacturing technology
Manufacturing Today

Transforming the future of manufacturing technology

A pre-event report on IMTEX 2025: The premier manufacturing and metal cutting technologies event for

time-read
9 mins  |
Decemeber 2024
THE MAKE IN INDIA JOURNEY
Manufacturing Today

THE MAKE IN INDIA JOURNEY

An analysis of the initiative's impact on the manufacturing sector.

time-read
9 mins  |
Decemeber 2024
Tata Motors Re.Wi.Re: Innovation meets responsibility
Manufacturing Today

Tata Motors Re.Wi.Re: Innovation meets responsibility

Tata Motors advances circular economy via Re.Wi.Re scrapping facility.

time-read
1 min  |
Decemeber 2024
After Apple, Google Pixel set to be manufactured in India
Manufacturing Today

After Apple, Google Pixel set to be manufactured in India

Dixon Technologies' alliance with Compal Electronics is poised to further accelerate India's push to become a global hub for smartphone manufacturing.

time-read
2 mins  |
Decemeber 2024