Lean manufacturing (also known as lean production, just-in-time manufacturing, and just-in-time production, or JIT) is a production method aimed primarily at reducing times within the production system as well as response times from suppliers and to customers. Central to the concept is the elimination of waste or activities which add no value to the process. This, in turn, provides a basis for operational excellence by standardizing processes and creating a culture of continuous improvement by monitoring, proactively maintaining equipment, and empowering employees. Industry 4.0 refers to the digital transformation of industrial processes through Industrial Internet of Things (IIoT) and cyber-physical systems – smart, autonomous systems that use computer-based algorithms to monitor and control physical things like machinery, robots, and vehicles. In this webcast, we will discuss and showcase use cases where Industry 4.0 meets lean manufacturing – with the aim of increasing operational efficiency!
Speakers
- Sujit Hemachandran, SAP
- Matt Ruff, SAP
- Ben Hughes, SAP
- Vivek Panigrahy, SAP
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