Abstract
The paper aims at illustrating the new developments of information technology applied in production management and at providing a conceptual model of the configuration of the intelligent or smart enterprise. After a brief overview of Industry 4.0 addressed in the introduction, the paper presents the concept of smart manufacturing, where the role of 5G connection, Internet of Things (IoT), artificial intelligence (AI), and digital twin is explained. Next, a conceptual model of the smart manufacturing company configuration is proposed, with examples from the Bosch company. The paper ends with conclusions highlighting the qualities and usefulness of a smart manufacturing company.
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Schedule a callMore From: Bulletin of the Transilvania University of Brasov. Series V: Economic Sciences
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