We’ve entered the era of Industry 4.0, where technological and digital advancements will drive a revolution in manufacturing. This infographic shares tips on how SMEs can adapt to the Industry 4.0 era.
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FedEx Industry 4.0 Infographic - 16 Mar 2017
1. Why Supply Chain Integration is
Crucial in the Industry 4.0 Era
Small-and Medium-size Enterprises (SMEs) are more nimble in responding to
changing customer needs than larger firms. With the rise of the Fourth Industrial
Revolution - or Industry 4.0 as it is commonly called - reverberating through the
value chain, SMEs are best placed to harness the opportunities of this new era.
Industry 1.0 Industry 2.0 Industry 3.0 Industry 4.0
Steam power The production line Production automation Digital transformation
How SMEs can adapt to Industry 4.0
Embrace innovation and
access the right
technology to be able to
handle both predictable
and unexpected events.
Make supply chains
more customer-centric
to ensure customer
satisfaction.
Work with the right logistics
providers to optimize
processes and respond to
the ever-changing demands
of customers.
Benefits of shifting to Industry 4.0 principles
Increased
competitiveness
with bigger firms
More accurate
predictions of supply
chain gluts and
shortages through big
data applications
Improved productivity
and employee
satisfaction through
better operational IT
Cost savings and
revenue gains
through advanced
digitization