Proceedings of the 18th LACCEI International Multi-Conference for Engineering, Education, and Technology: Engineering, Integrat 2020
DOI: 10.18687/laccei2020.1.1.303
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Industry 4.0: current trend and future scope for further research in High Performance Manufacturing

Abstract: The fourth industrial revolution requires that personalization processes of mass productions evolve towards flexible, interconnected, cloud production with greater automation in its machines and operations, called Industry 4.0 (I4.0). However, a homogeneous I4.0 concept, infrastructure state, and other issues are still scarce, making difficult to determinate in the specialized literature, the threshold between recent manufacturing and challenges that companies had to reach competitive advantage through I4.0 in… Show more

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Cited by 2 publications
(3 citation statements)
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“…On the other hand, implementing a reconfigurable supply chain can require investments in technology and training so that the implementation costs would be higher. [31] These are the high costs necessary to improve or change machinery and equipment, adjust interfaces, invest in new technologies and equipment that are integrated, and accelerate manufacturing reconfigurability of processes following market demands.…”
Section: Resultsmentioning
confidence: 99%
“…On the other hand, implementing a reconfigurable supply chain can require investments in technology and training so that the implementation costs would be higher. [31] These are the high costs necessary to improve or change machinery and equipment, adjust interfaces, invest in new technologies and equipment that are integrated, and accelerate manufacturing reconfigurability of processes following market demands.…”
Section: Resultsmentioning
confidence: 99%
“…The three industries integrating the database have been chosen because they are in continuous transition and face intense global competition . They include a large number of plants around the world and face different competitive environments and competitive conditions (Acevedo Amaya et al, 2020;. The information collected by the HPM project is cross-sectional by nature providing comparable and consistent cross-country/cross-industry information on different operation management areas.…”
Section: Databasementioning
confidence: 99%
“…While the idea of integration is critical and challenging, the HPM project aimed "to set a new standard for the way manufacturing practices are viewed in today´s world" . Accordingly, it considers variety of operation programs such as Lean Manufacturing, Technology Management, Total Quality Management, Information Systems and others, with the hypothesis that leveraging of these practices should lead to superior performance for manufacturing firms (Acevedo Amaya et al, 2020). Hence, it allows researchers to develop numerous hypotheses on performance causes and effect studies (Okoshi et al, 2019).…”
Section: Databasementioning
confidence: 99%