Podcast
Questions and Answers
What is Industry 4.0 primarily focused on in the context of manufacturing?
What is Industry 4.0 primarily focused on in the context of manufacturing?
- Reverting to manual labor in manufacturing
- Maintaining traditional manufacturing processes
- Adopting ancient manufacturing techniques
- Implementing smart technology in manufacturing (correct)
How has Industry 4.0 transformed the maintenance function in enterprises?
How has Industry 4.0 transformed the maintenance function in enterprises?
- Enterprises no longer focus on maintenance
- Enterprises predict machine failures before they happen (correct)
- Enterprises have stopped using machines
- Enterprises still wait for machines to malfunction before fixing them
What advantage does Industry 4.0 SCM offer over traditional SCM?
What advantage does Industry 4.0 SCM offer over traditional SCM?
- Aligned planning and execution capabilities (correct)
- Reduced accuracy in forecasting
- Increased production costs
- Higher overstocks
In a 'plan-to-produce' model, what is the primary goal regarding product production?
In a 'plan-to-produce' model, what is the primary goal regarding product production?
How does Industry 4.0 SCM use technology to enhance the supply chain?
How does Industry 4.0 SCM use technology to enhance the supply chain?