The Factory of the Future (FoF) is not a checklist of emerging technologies to implement, nor is it a single point in the evolution of manufacturing Rather, FoF is the embodiment and realization of Industrial Transformation (IX), encompassing a journey into new technologies and modes of operation that will affect plants globally for decades to come FoF also does not stand alone Its focus is inside the four walls of the factory, but its value is in creating a competitive advantage by flexibly and more cost effectively manufacturing smart and connected products that better meet the needs of consumers.
This research studies some of the technologies available today and in the near future that will drive the goals of IX These include Digital Lean, Digital Twins, manufacturing simulation, and optimization of processes and the supply chain A theme that is all pervasive in a FoF is data and information, driven by business process execution We discuss the role of data – from many sources, traditional and new – changing the way we run our factories.
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