Transforming advanced manufacturing through Industry 4.0

The last decade has seen companies operating under increasing levels of disruption. Quickly changing customer preferences, as well as demand uncertainty and disruptions, are challenging planning systems to unprecedented degrees. National security interests, trade barriers, and logistics disruptions are pushing businesses to find alternatives to globalized supply chains. Major swings in demand are calling for drastic operational and capital cost reduction in some areas and rapid growth in others. Physical distancing and remote work are forcing manufacturers to reconfigure manufacturing flows and management.