Generic Challenges and Automation Solutions in Manufacturing SMEs

Hansen, David Grube; Malik, Ali Ahmad; Bilberg, Arne

doi:10.2507/28th.daaam.proceedings.161

Cited by 19 publications

(6 citation statements)

References 21 publications

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“…In the initial stages of implementation, the SME would be required to use a substantial amount of capital to set up for Industry 4.0, and the return on this is not delivered immediately. It takes time for the return to grow to before having a vital effect [6,8,10,20,21].…”

Section: Smes and New Technologiesmentioning

confidence: 99%

“…Each component and machine plays a role to support the broader objective of the organisation [3,9,17,22,23]. The initial literature and reports on Industry 4.0 suggested that it will have a substantial benefit on SMEs; however other research argues that Industry 4.0 will have a negative impact on SMEs [8]. There are visible and noticeable changes in the structure and in the way SMEs operate, that result from Industry 4.0.…”

Section: The Impact Of Industry 40 On Sme'smentioning

confidence: 99%

“…SMEs make up, and contribute to, a significant part of the global economy [1,2]. Yet, SMEs deal with several challenges pertaining to strategic planning and implementation when considering technologies that evolved in the realm of Industry 4.0 [8]. These challenges include a lack of focus on a strategy for their products and investments, lack of capital investment based on a targeted technology roadmap and lack of skills to address the impact, and opportunity, of Industry 4.0 technologies [8][9][10].…”

Section: Introductionmentioning

confidence: 99%

“…Yet, SMEs deal with several challenges pertaining to strategic planning and implementation when considering technologies that evolved in the realm of Industry 4.0 [8]. These challenges include a lack of focus on a strategy for their products and investments, lack of capital investment based on a targeted technology roadmap and lack of skills to address the impact, and opportunity, of Industry 4.0 technologies [8][9][10]. This is where business models play an important role as business models provide a framework to create value, capture value and generate revenue.…”

Section: Introductionmentioning

confidence: 99%

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The Impact of Industry 4.0 on the Business Models of Small and Medium Enterprises: A Systematic Literature Review

Soondka¹,

Smuts²

2021

Responsible AI and Analytics for an Ethical and Inclusive Digitized Society

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New digital technologies, referred to as Industry 4.0, can create many opportunities, not only for larger organisations, but for small and medium enterprises (SMEs) as well. However, for SMEs to create value from Industry 4.0, the digital technologies must be applied in alignment with the SMEs' business model as the SME business model is the means through which the SME creates value. This study aimed to identify the key impacts of Industry 4.0 on business models SMEs through conducting a systematic literature review and a detailed analysis of 27 papers. We identified 5 primary impact areas namely customer, financial, organisational, employee and cost structure collated from of 23 sub impact areas. In order to report our findings, we mapped it to business model components consisting of value creation, value proposition and value capture. Through considering business model impact, SMEs may be able to leverage the technology platforms in Industry 4.0 towards business value creation and economic sustainability.

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Section: Smes and New Technologiesmentioning

confidence: 99%

Section: The Impact Of Industry 40 On Sme'smentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

The Impact of Industry 4.0 on the Business Models of Small and Medium Enterprises: A Systematic Literature Review

Soondka¹,

Smuts²

2021

Responsible AI and Analytics for an Ethical and Inclusive Digitized Society

View full text Add to dashboard Cite

show abstract

“…Pham and Ahn investigated high-precision industrial robot parts applicable to smart factories [27]. However, the application of Fourth Industrial Revolution technology is still being pursued in a way that is suitable for large enterprises rather than SMEs [28] and still has many barriers to be applied to SMEs [29].…”

Section: Literature Reviewmentioning

confidence: 99%

Appropriate Smart Factory for SMEs: Concept, Application and Perspective

Jung

Kim

Lee

et al. 2020

Int. J. Precis. Eng. Manuf.

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In the manufacturing industry, the smart factory is considered the final stage of the Fourth Industrial Revolution. Manufacturing companies are pursuing breakthroughs by introducing various advanced technologies to ensure their competitiveness. However, it is difficult for small and medium-sized enterprises (SMEs) to adopt smart-factory technologies, owing to financial and technical burdens. This paper proposes a smart factory that can be applied technically and strategically to the introduction of a smart factory for SMEs. The concept of an ‘appropriate smart factory’ involves applying appropriate measures in terms of cost and scale with consideration of the situations faced by SMEs. The goal is to build a smart factory that has necessary functions (Essential) but can be easily operated (Simple) at a low cost (Affordable) and has compatibility (Interoperable). This paper presents technical application measures such as appropriate smart sensors, appropriate IoT (Internet of Things), and small data processing, along with the definition of an appropriate smart factory. In addition, a case study was examined where the quality inspection equipment for garment manufacturing SMEs was developed by applying the appropriate smart factory concept.

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Prioritising Low Cost Digital Solutions Required by Manufacturing SMEs: A Shoestring Approach

Schönfuß

McFarlane

Salter

et al. 2019

Studies in Computational Intelligence

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This paper establishes a reference set of those low cost digital solutions needed by small and medium sized manufacturers -SMEs -and proposes a method for determining development priorities using input from reference groups of SMEs. The paper describes the approach taken to identifying and classifying common digital solutions used in manufacturing and the results from a series of workshops in which company representatives prioritise different solution types to help guide developments.

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Generic Challenges and Automation Solutions in Manufacturing SMEs

Cited by 19 publications

References 21 publications

The Impact of Industry 4.0 on the Business Models of Small and Medium Enterprises: A Systematic Literature Review

The Impact of Industry 4.0 on the Business Models of Small and Medium Enterprises: A Systematic Literature Review

Appropriate Smart Factory for SMEs: Concept, Application and Perspective

Prioritising Low Cost Digital Solutions Required by Manufacturing SMEs: A Shoestring Approach

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