SMEs, are you ready for Industry 4.0?
WMG’s Supply Chain team, led by Professor Jan Godsell, is looking to understand the readiness of industry to embrace the opportunities of the cyber-physical age. To do this SMEs are invited to take part in a short survey that will assess your organisation against a range of different dimensions. The results will be aggregated to identify the readiness for Industry 4.0 of different countries, industries, and business types.
The results will be discussed at a special Supply Chains in Practice (SCIP) networking event on 20th June. Company specific results will also be available after the event.
The term Industry 4.0 originates from the high-tech strategy of the German government, which sought to redefine the role of manufacturing post global economic downturn.
It suggests that we are on the cusp of the 4th Industrial Revolution, a cyber-physical age which will come to fruition over the next 20 years.
It is driven by a requirement for shorter time to market, increased flexibility, greater asset efficiency and improved productivity. It has the potential to enable incremental improvement of existing business processes, or a more transformational impact through the creation of new business models.
Please take part in this study here.