Revolutionizing Manufacturing
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Author | : Klaus Schwab |
Publisher | : Crown Currency |
Total Pages | : 194 |
Release | : 2017-01-03 |
Genre | : Business & Economics |
ISBN | : 1524758876 |
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Author | : Mishra, Divya Upadhyay |
Publisher | : IGI Global |
Total Pages | : 298 |
Release | : 2022-09-23 |
Genre | : Computers |
ISBN | : 1668449935 |
With the development of innovative technologies, the study of industrial automation is obtaining extraordinary attention from academia, governments, researchers, and various industrial communities. The technical innovations in advanced technologies such as deep learning, blockchain, artificial intelligence of things (AIOT), and more have unlocked the potential for bringing intelligent automation and efficiency to the industries to control their various operations. These new technologies provide an efficient and secure way for industries to manage and develop products intelligently. Revolutionizing Industrial Automation Through the Convergence of Artificial Intelligence and the Internet of Things includes the recent advancements in exploring and developing AIOT-powered strategies and mechanisms for future industrial automation and transforming industrial functions and architectures to help improve various industrial operations. Covering topics such as convolutional neural networks, smart urban logistics, and industrial automation, this premier reference source is an excellent resource for computer scientists, IT managers, engineers, business leaders and executives, logistics managers, students and faculty of higher education, libraries, researchers, and academicians.
Author | : James P. Womack |
Publisher | : Simon and Schuster |
Total Pages | : 501 |
Release | : 2008-12-09 |
Genre | : Business & Economics |
ISBN | : 1847375960 |
When James Womack, Daniel Jones, and Daniel Roos wrote THE MACHINE THAT CHANGED THE WORLD in 1990, Japanese automakers, and Toyota in particular, were making a strong showing by applying the principles of lean production. However, the full power of lean principles was unproven, and they had not been applied outside of the auto industry. Today, the power of lean production has been conclusively proved by Toyota's unparalleled success, and the concepts have been widely applied in many industries. Based on MIT's pioneering global study of industrial competition, THE MACHINE THAT CHANGED THE WORLD offers a groundbreaking analysis of the entire lean business system, including product development, supplier management, sales, service, and production - an analysis even more relevant today as GM and Ford struggle to survive and a wide range of British abd American companies embrace lean production. A new Foreword by the authors brings the story up to date and details how their predictions were right. As a result, this reissue of a classic is as insightful and instructive today as when it was first published.
Author | : Geeta Rana |
Publisher | : CRC Press |
Total Pages | : 193 |
Release | : 2021-12-14 |
Genre | : Business & Economics |
ISBN | : 1000506045 |
This edited book describes how newly emerging Artificial Intelligence (AI) technologies will provide unprecedented opportunities to penetrate technology and automation into everything we do, and at the same time, provide a huge playing field for businesses to develop newer models to capture market share. It establishes a milestone in understanding global transformational changes occurring in the manufacturing and corporate world due to AI and tries to find powerful and sophisticated solutions that will improve and streamline operations. Reinventing Manufacturing and Business Processes Through Artificial Intelligence will be of interest to students, researchers, and professionals of the AI community as well as interdisciplinary researchers.
Author | : Steven C. Wheelwright |
Publisher | : Simon and Schuster |
Total Pages | : 392 |
Release | : 1992-06-15 |
Genre | : Business & Economics |
ISBN | : 0029055156 |
Today, a company's capability to conceive and design quality prototypes and bring a variety of superior products to market quicker than its competitors is increasingly the focal point of competition, contend leading product development experts Steven Wheelwright and Kim Clark. Drawing on six years of in-depth, systematic, worldwide research, they present proven principles for developing the critical capabilities for speed, efficiency, and quality that have worked again and again in scores of successful Japanese, American, and European fast-cycle firms. The authors argue that to survive, let alone succeed, today's companies must construct a new "platform" -- with new methodologies -- on which they can compete. Using their model for development strategies, Wheelwright and Clark show that firms can create a solid architecture for the integration of marketing, manufacturing, and design functions for problem solving and fast action -- particularly during the critical design-build-test cycles of prototype creation. They demonstrate further how successful firms such as Honda in automobiles, Compaq in personal computers, Applied Materials in semi-conductors, Sony in audio equipment, The Limited in apparel, and Hill-Rom in hospital beds have employed recent methodologies to bring new products to market at break-neck speed. Such innovations include design for manufacturability, quality function deployment, computer-aided design, and computer-aided engineering. Finally, Wheelwright and Clark emphasize the importance of learning in the organization. Companies that consistently "design it right the first time" and follow a path of continuous improvement in product and process development have a formidable edge in the crucial race to market.
Author | : Amit Kumar Tyagi |
Publisher | : CRC Press |
Total Pages | : 389 |
Release | : 2024-09-16 |
Genre | : Technology & Engineering |
ISBN | : 1040116906 |
Industry 4.0 is a revolutionary concept that aims to enhance productivity and profitability in various industries through the implementation of smart manufacturing techniques. This book discusses the profound impact of Industry 4.0, which involves the seamless integration of digital technologies into manufacturing processes within the realm of industrial engineering. Industry 4.0, Smart Manufacturing, and Industrial Engineering: Challenges and Opportunities thoroughly examines the intricate facets of Industry 4.0 and Smart Manufacturing, offering a comprehensive overview of the challenges and opportunities that this paradigm shift presents to industrial engineers. It provides practical insights and strategies to help professionals navigate the complexities of this evolving landscape. Fundamental components of Industry 4.0 and Smart Manufacturing, ranging from the incorporation of sensors and data analytics to the deployment of cyber-physical systems and the promotion of sustainable practices are covered in detail. The book addresses the obstacles and prospects brought about by Industry 4.0 in the digital age and offers solutions to issues such as data security, interoperability, and workforce preparedness. The book sheds light on how Industry 4.0 combines various disciplines, including engineering technology, data science, and management. It serves as a valuable resource for researchers, undergraduate and postgraduate students, as well as professionals operating in the field of industrial engineering and related domains.
Author | : Paul M. Swamidass |
Publisher | : Springer Science & Business Media |
Total Pages | : 421 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 1461517052 |
Innovations in Competitive Manufacturing is an examination of manufacturing innovations - both technical and knowledge-based. Over the recent past, technology has created dramatic changes in manufacturing. As a result, the book focuses on the use of technology in gaining competitive advantage in global manufacturing. Forty topics are surveyed in the book, organized into thirteen chapters. Each topic is a carefully written account by one or more leading researchers in that area. This is the first systematic examination of the recent innovations in manufacturing strategy and technology. In addition to providing an understanding of these manufacturing innovations, the book underscores the strategic importance of creating and sustaining the technological resources to ensure a stable manufacturing economic base. The book's purpose is to examine the elements that make today's manufacturers successful. Many examples from industry throughout the book will enable the reader to appreciate and comprehend the concepts presented in the article. In addition to the technical and innovative information, implementation issues concerning new ideas and manufacturing practices are explored within the topical discussions. Four in-depth descriptions of real-life cases provide illustration of key principles. The book has been constructed as a reference tool for manufacturing researchers, students, and practitioners. Hence, after reading the introduction `Innovation in Competitive Manufacturing: From JIT to E-Business', any section or topic in the book can be consulted and/or read in any sequence the reader may choose.
Author | : Spiros Pantelakis |
Publisher | : Springer Nature |
Total Pages | : 405 |
Release | : 2020-03-11 |
Genre | : Technology & Engineering |
ISBN | : 303035346X |
This book addresses the emerging needs of the aerospace industry by discussing recent developments and future trends of aeronautic materials. It is aimed at advancing existing materials and fostering the ability to develop novel materials with less weight, increased mechanical properties, more functionality, diverse manufacturing methods, and recyclability. The development of novel materials and multifunctional materials has helped to increase efficiency and safety, reduce costs, and decrease the environmental foot print of the aeronautical industry. In this book, integral metallic structures designed by disruptive concepts, including topology optimization and additive manufacturing, are highlighted.
Author | : Matthew N. O. Sadiku |
Publisher | : Springer Nature |
Total Pages | : 297 |
Release | : 2023-03-15 |
Genre | : Technology & Engineering |
ISBN | : 3031231562 |
The manufacturing industry is a cornerstone of national economy and people’s livelihood. It is the way of transforming resources into products or goods which are required to cater to the needs of the society. Traditional manufacturing companies currently face several challenges such as rapid technological changes, inventory problem, shortened innovation, short product life cycles, volatile demand, low prices, highly customized products, and ability to compete in the global markets. Modern manufacturing is highly competitive due to globalization and fast changes in the global market. This book reviews emerging technologies in manufacturing. These technologies include artificial intelligence, smart manufacturing, lean manufacturing, robotics, automation, 3D printing, nanotechnology, industrial Internet of things, and augmented reality. The use of these technologies will have a profound impact on the manufacturing industry. The book consists of 19 chapters. Each chapter addresses a single emerging technology in depth and describes how manufacturing organizations are adopting the technology. The book fills an important niche for manufacturing. It is a comprehensive, jargon-free introductory text on the issues, ideas, theories, and problems on emerging technologies in manufacturing. It is a must-read book for beginners or anyone who wants to be updated about emerging technologies.
Author | : Philip J. Gisi |
Publisher | : CRC Press |
Total Pages | : 182 |
Release | : 2024-02-19 |
Genre | : Business & Economics |
ISBN | : 1003849083 |
The world of manufacturing is undergoing significant changes driven by various factors and technological advancements. Automation and robotics technologies are revolutionizing manufacturing processes. Robotic systems are being increasingly used for repetitive and precise tasks, improving efficiency, quality, and safety. The Internet of Things (IoT) is enabling connectivity and data exchange between devices and systems. Manufacturing generates vast amounts of data and is leveraging this data through advanced analytics, providing valuable insights to optimize production processes, predict maintenance needs, and improve supply chain management. Additive Manufacturing has also gained significant traction in manufacturing. It enables the creation of complex parts and prototypes, customization, and rapid prototyping. Supply chains are becoming more interconnected and digitally integrated. Technologies such as blockchain enable transparent and secure transactions, traceability, and efficient inventory management. These trends and others are reshaping the manufacturing industry, promoting increased efficiency, agility, and sustainability. Manufacturers must be aware, understand, and embrace these changes to stay competitive and meet the evolving demands of customers in the modern era. This book enhances the awareness and understanding of these core technologies by explaining what they are and how they are being used in manufacturing. In addition, it provides practical suggestions on how to advance manufacturing in light of these changes. The book provides a view into the future and direction on how to navigate the journey to a more automated, smarter, and continuously learning factory. This book consolidates the major elements of the fourth industrial revolution and describes them in clear terms within the context of integrated manufacturing. It creates awareness and a fundamental understanding of the advanced technologies that are coming together to facilitate highly automated, smarter, agile, and sustainable operations.