202316 May

Accelerate Your Growth with Industry 4.0

Summary

The fast-food industry has been reshaped by smartphone apps, which now allow hungry diners to order delivery pizza by tapping a button on their phones. Ford’s invention of the auto assembly line, the cotton gin, the automated weaving loom, and the Japanese Kanban concept in the 1970s all sparked major changes across the manufacturing sector. Smaller increments can be produced, refined, and tweaked to ensure that the final product meets the order requirements instead of rolling out finished goods without input. Manufacturing companies should consider these software advances: Enterprise resource planning, or ERP systems, integrate accounting, finance, and operations data into one comprehensive platform. It is clear that technology will continue to shape interactions and business thinking in unimaginable ways in the future with tools like ChatGPT and Google Bard.

Source: Asifocus

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Companies