Industry 4.0 – Key approaches for companies to follow

This article was written by Managing Consultant, Bryan Schriiffer.

Some organisations resist change, but there is a growing need to consider the following approach:

  • First, conduct an analysis of the risks and benefits of implementing Industry 4.0
  • Having a clear vision of your needs going forward and how Industry 4.0 impacts your business, suppliers, contractors, clients and customers
  • Based on that vision, plans are made to shape future operations
  • Based on those plans, current operations are mapped and reviewed prior to the change
  • Finally, the future mode of operation is completed, this should include an effective approach for the following:
    • program management
    • stakeholder engagement
    • benefits
    • risk management

These need to be considered in order to control the transformation and its outcome.

The chart below identifies the main activities that are enabled by Industry 4.0 technologies.

Source: White-papers on manufacturing – Industry 4.0

While the pace of the development and deployment of these solutions may be delivered at speed, Industry 4.0 will ultimately be incremental and part of a long-term trend to continuous improvement.

Rowe Advisory has the capability and capacity to assist, from conducting a business review, identification of the organisational risks, business need analysis, developing strategic and operational plans, process mapping, program management and stakeholder engagement.

Financial assistance is available to undertake this introduction of Industry 4.0 for your organisation on a case by case basis, contact us today for more information.

 

Rowe Advisory is a leading consulting business in Australia. We are strategically placed to be able to lead, manage or advise on preparing your business for Industry 4.0.

Lastly and most importantly, we guarantee our work.

Contact Rowe Advisory today for a no obligation confidential discussion. Our team of industry experienced consultants are here to help.

Chief Executive Officer, Jody Rowe, at jody@roweadvisory.com.au

Managing Consultant (Brisbane Office), Bryan Schriiffer, at bryan@roweadvisory.com.au

Managing Consultant (Adelaide Office) Richard Peasgood, at richard.p@roweadvisory.co.au

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