If you're still confused about Industry 4.0, you're not the only one! Automation World reported that CPG companies are still confused as well. However, they did say,"Most of those interviewed agree that, if implemented correctly, Industry 4.0 can not only 'connect the dots' to discover weak spots in the manufacturing process and get to root causes of failures, but it might provide additional benefits not immediately apparent." Another great point was that starting the transition process on the floor is a good idea.
Despite the hype as a new manufacturing trend, there is still considerable confusion surrounding Industry 4.0. Challenges to successful implementation of Industry 4.0 are many and varied, including issues surrounding interoperability, human-machine interface (HMI), controls, sensors and more, according to interviews with 50 top consumer packaged goods (CPG) companies and machinery builders. The findings come from a new report from PMMI Business Intelligence, Vision 2025, which focuses on a variety of CPG challenges, including workforce, e-commerce and consumer trends. There is considerable skepticism around Industry 4.0, according to the study. OEMs are wary of adding Industry 4.0 benefits to machines if CPGs don’t want them and won’t pay for them. CPGs, meanwhile, expressed concern that the Industry 4.0 initiative is sometimes driven by analysts who do not have a thorough knowledge of manufacturing operations. Read More