COLOMBO, Sri Lanka, Sept. 19, 2022 (GLOBE NEWSWIRE) — As global companies look for ways to improve business performance and build capacity in various sectors, it’s no secret that the industry 4.0 has become one of the most discussed topics among industry professionals.
During these discussions, much can be learned about undiscovered possibilities that can benefit global infrastructure. Fortude and Infor sat down to discuss the great potential of Industry 4.0, primarily in the food and beverage sector, and what we can expect in the future if this new technological era is implemented.
Evolve with new technologies
The term “Industry 4.0” was coined in Germany in 2011, in reference to the fourth industrial revolution. It is the convergence of very specific technologies that have been implemented in manufacturing over the years.
Where industry 3.0 offered computerization and the possibility of accessing a network, industry 4.0 opens up these same technologies, but with the need to set up certain infrastructures: Wi-Fi, local networks, firewalls , switches, cybersecurity, etc. These cyber-physical systems make it possible to see what is happening in any process, especially on a dashboard, where information can be monitored in real time.
Despite the clear benefits that new technologies have presented, many companies are hesitant to adopt them for fear of uprooting their existing systems.
John Broadbent, Industry 4.0 specialist at Fortude, made it clear that Industry 4.0 does not require changing the inner workings of the entire company all at once. He said leaders need to embark on the journey of digital transformation and plan how they will do it. This journey will not only allow companies to store information for later use, but also to merge this information and technology with new or existing systems, as they will now learn what needs special attention in each of their internal processes.
Embrace a circular economy with Industry 4.0
Many industries are fighting to maintain a more circular economy, especially now that consumers are better informed about sustainability efforts and want to know a lot more about where their purchases come from.
Traditionally, purchased food information was kept in silos, but now some organizations are leveraging blockchain technology so that information can be uploaded as an open trail that they can give to their customers. This means they can see the supply chain history of all products and understand the impacts throughout the chain.
John explained: “The circular economy will not be government-led but industry-led, so much of the social, environmental and sustainability responsibility rests with manufacturers, so that their waste streams can be reused, recycled and used by others, and that a minimum of non-recyclable waste is produced.
He went on to say that transformation journeys in manufacturing are expected to deliver a 10% increase in output, 11% in capacity utilization, and a 12% increase in labor productivity.
Infor and Fortude agree that if the resources used are not measured, knowing how much waste is produced and where it goes will remain unknown. Both express that Industry 4.0 is a great opportunity to combat this, where the storage and collection of information can be analyzed to make better decisions. Thanks to this technology, the food industry will be able to reduce its energy consumption and its production of waste, and improve its relations with its customers.
Happy employees and happy customers
Leveraging Industry 4.0 technologies such as Industrial Internet of Things (IIoT), networking and cloud computing, and cyber-physical systems in F&B manufacturing helps streamline processes and helps manufacturers stay resilient and responsive to production issues, labor shortages, or supply chain disruption. It also means improved products, greater workforce satisfaction, and a better customer experience.
John went on to describe how the ultimate goal of Industry 4.0 is to keep the customer happy, among other things. He says, “I think it’s double. Companies must have a good culture. A good culture attracts good talent; the right talent then secures the customer base because the customers then deal with the organization because it is culturally aligned with their values.
“We need to be aware of who our customers are and what they expect from us. People want to know where their money is invested and we need to be much more aware of our requirement to become more sustainable.
Andy Buckle, industry strategist at Infor, adds: “With this new technology that is now available, with cloud-like delivery where you can get things to market very quickly, and at a much lower cost than you used to being, we find that small businesses are realizing that this is an area they should capitalize on – not as an optional channel but as an additional channel for their business.
This article contains excerpts from Fortude’s webinar, ‘An Industry 4.0 perspective | The Digital Foundation for Smart Manufacturing in Food and Beverage’. To learn more about upcoming Fortude webinars, visit: https://fortude.co/
CONTACT: Contact info : Nafli Mufthi [email protected]