Abstract
The paper reviews the Industry 4.0 infrastructure and that beyond the potential cost and efficiency gains from implementation, adoption is argued from the perspective of leveraging internal capabilities to devolve Industry 4.0 as the driver for creating competitive advantage. Industry 4.0 and lean manufacturing methods are presented as mutually supportive, where lean methods are enablers for Industry 4.0 implementation, and conversely, Industry 4.0 realizes the extended lean enterprise. The paper further argues that in addition to appreciating the technical aspects of Industry 4.0, it is necessary to understand the socio-technical requirements to ensure successful implementation.
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