Management of Engineering and Technology
Technological innovations -- Management, Information technology -- Management, Semiconductor industry, Technology -- Management, Internet of things, Manufacturing processes -- Automation
Some of the main objectives of a smart factory are to create visibility, connectivity, and autonomy that make a factory run smoother and with more flexibility, but these factories will require little to no human intervention
Most talk and literature surrounding smart factories has been in theory, but we found a company that has begun to implement smart factories into their day-to-day operations. According to the World Economic Forum (WEF), French based company Schneider Electric is one of the top nine companies in the world that is leading the smart factory revolution, along with eight other companies only from Europe and Asia . Schneider Electric and the other eight companies have also agreed to share their knowledge and experience of smart factories with other manufacturing companies.
The goal of this project is to use Schneider Electric as a case study of one of the first large companies to put the smart factory into play. The agenda of the current paper will be a literature review on smart factories, an overview of the case study company Schneider Electric, and a different perspective analysis of smart factories in general and at Schneider. Finally, we will introduce specific approaches Schneider is using for smart factories and our conclusions and recommendations for the future.
Cruz, Angel Contreras; Le, Tan; and Rogan, Carly, "Schneider Electric and the Smart Factory" (2019). Engineering and Technology Management Student Projects. 2272.