The described transition referred to as Industry 4.0 follows on from the previous industrial revolutions which harnessed water and steam power to subsequent mass production and the inclusion of electricity. In addition to former developments, this fourth industry enhances production with computers and automated technologies with data and machine learning at the core.
For many organisations, despite its undeniable prevalence, Industry 4.0 may be a subject that professionals are struggling to navigate. Currently several businesses are preparing for the future and implementing significant changes that will allow smart machines to improve their company.
Such applications of technology may include the use of robotics for boosted efficiency to optimizing logistics and supply chains through connected, data driven systems.
If you’d like to benefit from guidance on the most appropriate areas of tangible ROI and enterprise wide incremental digital improvements, Supply Chain North East in conjunction with MagicSoftware and Metiscube have organised a free workshop this November. Find out more: https://bit.ly/34CrrFS
Supply Chain North East brings together four key partners to work with over 800 businesses through to 2021, supporting them to identify opportunities in new and existing markets. An integral part of the North East Growth Hub, Supply Chain North East is delivered across the region by RTC North, Generator, North East Automotive Alliance (NEAA) and North East Process Industry Cluster (NEPIC).
Supply Chain North East is a multimillion programme aimed at revolutionising the way SMEs diversify their offering and embrace new markets. The programme has received more than £3m of funding from the England European Regional Development Fund, which is part of the European Structural and Investment Funds Growth Programme 2014-2020.