This document describes the retrofitting of a conventional lathe machine to create a smart lathe machine. Sensors and actuators are connected to microcontrollers like Arduino UNO and NodeMCU to monitor parameters like workpiece dimensions, chuck speed, motor temperature, and distance between the headstock and tailstock. This allows inspection of the workpiece without removing it and improves accuracy, efficiency, and production rates while reducing costs compared to a manual lathe. Testing showed the smart lathe saved 20 minutes of time per workpiece and could produce 3 more pieces in the same time period as a conventional lathe.