Abstract
Smart factory is the most important feature of the fourth industrial revolution in the manufacturing field. In this paper, we introduce smart factory solutions suggested by the major solution providers. Furthermore, we classify solutions by the category of three value-chain activities: product development activity, product manufacturing activity, and sales activity. In addition, the status-of-art and best practices of the smart factory solutions are introduced. To examine the current trends of smart factories, we classified the manufacturing industries into four groups based on two factors: product variety and production volumes, and suggest directions for the successful application of smart factories in each industry group. Finally, we suggest strategies to improve the actual manufacturing competitiveness of factories.
Keywords
Citation
Jeong, B. and Bang, J.-Y. (2018), "Developing Strategies and Current Trend of Smart Factory", Journal of International Logistics and Trade, Vol. 16 No. 3, pp. 88-94. https://doi.org/10.24006/jilt.2018.16.3.88
Publisher
:Emerald Publishing Limited
Copyright © 2018 Jungseok Research Institute of International Logistics and Trade
License
This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited