In this episode, Lindy Hughson, managing editor & publisher of PKN Packaging News, and John Broadbent, director of RealisePotential, discuss the what, why and how of Industry 4.0.
The discussion starts with a review of the three previous revolutions in the industrial world and an overview of the fourth that's currently in progress through the introduction of computerisation and connectivity. The integration of systems, storage and data analysis are helping to refine production and better target operational improvements.
John notes the three main factors that are maturing and converging to help drive Industry 4.0 and also steps through the issues that are preventing Australian manufacturers from engaging with it. This leads to a discussion of the results being achieved by members of the World Economic Forum's Global Lighthouse Network and reports by Deloitte demonstrating increases in productivity and reductions in energy consumption.
Thanks to the benefits being achieved by Industry 4.0, the gap between those adopting this approach and those who haven't is widening at a rapid pace. John steps us through the four stages of operational maturity achieved with Industry 4.0 and the questions organisations should be asking to help them assess their readiness.
We wrap with a discussion of leveraging existing technologies to transform in stages and the resources available to assist organisations plan their transition.
This episode has been brought to you by Bonfiglioli. For more information, visit www.bonfiglioli.com/australia/en
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The PKN Podcast is produced by Southern Skies Media on behalf of PKN Packaging News, owned and published by Yaffa Media.
The views of the people featured on this podcast do not necessarily represent the views of PKN Packaging News, Yaffa Media, or the guest’s employer. The contents are copyright by Yaffa Media.
If you wish to use any of this podcast’s audio, please contact PKN Packaging News via their website www.packagingnews.com.au or send an email to editor@packagingnews.com.au.
MC: Grant McHerron
Host: Lindy Hughson
Producer: Steve Visscher
PKN Packaging News - © 2021
