Operational excellence - foundation for industry 4.0
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We will discuss the foundations for Industry 4.0 for manufacturing organizations. Highlight the essential ingredients to be prepared. Demystify the ways and means to launch the journey to Industry 4.0 . Clarify the results expected
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Operational excellence - foundation for industry 4.0
- 1. www.faberinfinite.comwww.faberinfinite.com www.faberinfinite.com OPERATIONAL EXCELLENCE: Foundation for Industry 4.0 10th May 2019
- 2. www.faberinfinite.comwww.faberinfinite.com • Industrial Evolution: Snapshot • Speed & Impact of Evolution • Transition Landscape • Challenges • Way Forward Outline
- 7. www.faberinfinite.comwww.faberinfinite.com Industrial Evolution: Snapshot 3. Industrial revolution Through the use of electronics and IT further progression with the help of computers 2. Industrial revolution Introducing mass production lines powered by electric energy Division of labor End of the 18th century ~1784 End of the 19th century ~1870 Industry 1.0 Industry 3.0Industry 2.0 Industry 4.0 Levelofcomplexity Today Source: DFKI/Bauer IAO & Faber Infinite Global Research 1. Industrial revolution Introducing mechanical production machines powered by water and steam End of the 20th century ~1960 4. Industrial revolution Based on cyber-physical- systems Internet of Things & Services Man & Machine Partnership
- 8. www.faberinfinite.comwww.faberinfinite.com Transformation is inevitable. Transformation is the key. ARE YOU READY?
- 9. www.faberinfinite.comwww.faberinfinite.com • iPhone • iPad • Kindle • 4G • Uber • Airbnb • Android • Instagram • Snapchat • Whatsapp Did not exist in 2006
- 10. www.faberinfinite.comwww.faberinfinite.com Time to reach 100 Million customers 0.1 2 4 7 75 0 10 20 30 40 50 60 70 80 Pokemon Go Instagram Facebook World Wide Web (WWW) Telephone Years
- 11. www.faberinfinite.comwww.faberinfinite.com Examples of Product Evolution: Connected & Smart Source: Harvard Business Review
- 15. www.faberinfinite.comwww.faberinfinite.com Transition Landscape: From 3.0 to 4.0 Source: World Economic Forum & Faber Infinite Global Research
- 16. www.faberinfinite.comwww.faberinfinite.com “The current phase of journey towards SMART manufacturing - IIoT is transition from Operational Excellence to Man & Machine Partnership, which is still lacking in several organizations” Major Challenge
- 17. www.faberinfinite.comwww.faberinfinite.com Only 12% of organizations from Asia have been practising operational excellence for more than 10 years against 23% from rest of the world. 43% of manufacturers have an operational smart factory initiative, majority of them struggle with their smart factory initiatives. Only 6% of the manufacturers are ‘Digital Masters’ - at an enhanced phase in digitizing production processes and with a robust foundation of vision, governance and employee competences. Few alarming facts to note.. More than 55% of businesses in Asia believe that they will invest in the strategic - operational excellence initiatives
- 18. www.faberinfinite.comwww.faberinfinite.com Challenges in the transition Rethinking your processes to capitalize on new outcomes Lack of Organizational Transformation Framework Lack of basic infrastructure for IIOT New business models: Clarity of a new strategy Change Management: something that is too frequently overlooked Understanding your business case & leading successful pilots Genuine interconnection of the entire organization Prioritization of growth initiatives Employing and developing new talents
- 19. www.faberinfinite.comwww.faberinfinite.com Way Forward Level One: Data Availability Level Two: Data Accessibility & Basic Stability Level Three: Data Activeness & Proactive Improvement Level Four: Action-oriented Data
- 20. www.faberinfinite.comwww.faberinfinite.com On Time Delivery improved by 60% Production capacity improved by 66% Throughput improved by 39% Stock outs reduced by 100% Effective & Smart Manufacturing Benefits 20% reduction in energy consumption Maintenance cost reduced by up to 25% Breakdowns reduction by up to 70% Cut unplanned outages by up to 50% (Operational Excellence & Industrial IoT)
- 21. www.faberinfinite.comwww.faberinfinite.com Asia Pacific - Africa - Middle East consulting@faberinfinite.com - www.faberinfinite.com Best time to plant a tree was twenty years ago, the second best time is NOW! -Chinese Proverb “ ”