Does anyone have experience with Industry 4.0 / Smart Manufacturing?

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August 02, 2021

by a searcher from Purdue University in Chicago, IL, USA

My current PPM is prioritizing both companies that have a significant automation opportunity or a automation or factory analytics company focused on manufacturing. It seems a lot of manufacturing advancements and analytics are focused on $1B+ companies with few niche players. Has anyone played in this space?

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Reply by a searcher
from Texas A&M University in Johnson City, TN, USA
Are you looking to buy a manufacturer then implement such solutions? Or buy companies that sell these solutions? For manufacturer:

You could call up a local automation company, let them know that you're evaluating a manufacturer in x-industry to buy, ask what they're solutions look like for that, etc. Ask for some budgetary pricing. Unless your target has in-house automation techs, you'll probably be relying on a 3rd party to design, deliver, install the solution, then train some plant personnel on basic operation of the robotic cell for instance.

However, there is a limit with automation in certain types of segments, for example, hand loading of injection molding pieces still exists in certain industries, volumes, etc. The higher your volumes of a single product design, the more automation makes sense in general.

For IOT/4.0, etc. Start by looking at the basics, ERP/CRM/MRP, etc. You can find solutions there to fit your budget. Your automation vendor should be able to help you setup cloud/data solutions, if you have a specific need,
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Reply by a searcher
in Portland, OR, USA
I play in the manufacturing and technology space. One of the biggest opportunities in the sub $1B manufacturing market is in direct-to-consumer e-commerce and the technologies that surround it. I recently wrote about it for IndustryWeek here: https://www.industryweek.com/leadership/strategic-planning-execution/article/###-###-#### /selling-directtoconsumer-is-increasingly-an-attractive-option Feel free to reach out to me directly if you have questions: redacted
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