logo

Lean Six Sigma Assignment 2022

Summarize the article on Lean Six Sigma 4.0 by providing a summary of the abstract, introduction, history of revolution, Industrial Revolution, Quality 4, definition of Lean Six Sigma 4.0, and the authors' findings.

6 Pages993 Words29 Views
   

Added on  2022-09-23

Lean Six Sigma Assignment 2022

Summarize the article on Lean Six Sigma 4.0 by providing a summary of the abstract, introduction, history of revolution, Industrial Revolution, Quality 4, definition of Lean Six Sigma 4.0, and the authors' findings.

   Added on 2022-09-23

ShareRelated Documents
Running head: LEAN SIX SIGMA
Lean Six Sigma
Student’s Name
Institution
Date
Lean Six Sigma Assignment 2022_1
LEAN SIX SIGMA 2
Abstract
The paper describe terms and concepts related to industrial revolution. Special emphasis
is given to the fourth industrial revolution. This is the industrial revolution that is data driven and
is characterized by machine learning. By reflecting on study by Arcidiacono and Pieroni (2018),
the paper will demonstrate that application of industrial revolution concepts in lean six sigma
could bring greater efficiency.
Introduction: history of revolution
Industrial revolution started following invention of steam engine. This was followed by
second industrial revolution where electricity was the center of revolution. The third industrial
revolution is characterized by mainframe computers, personal computers, and the Internet were
the products of this industrial revolution. Today we are experiencing the fourth industrial
revolution, which is different from the previous ones and will have a major impact on
government, commerce, and the economy.
What is the Industrial Revolution?
The changing world is not new. The first three industrial revolutions brought us steam
engines, large-scale production based on division of labor, and automation through control
technology. What we are currently facing is the digital transformation of intelligent production.
Industry 4.0 provides solutions that use new technologies to optimize complex production
processes. The relationship between industrial production and IT technology is getting closer and
closer.
The fourth industrial revolution witnessed the emergence of smart factories. Smart
factories are highly adaptable and efficient production systems that can create optimal value at
Lean Six Sigma Assignment 2022_2
LEAN SIX SIGMA 3
every stage. The self-adjusting value-added system can optimize cost, availability or resources
according to various standards.
What is the Industrial 4?
In order to cope with the challenges faced by the industry in the digital world, a
revolution is taking place globally. This process can be summarized as: Industry 4.0. Industry 4.0
represents the digitization of products, production technology and production processes. All
business and value-added processes involved in the company use digital data. Throughout the
product life cycle, the line between the virtual world and the real world has become blurred. To
this end, the Internet of Things (IoT) came into being. In the Internet of Things, identifiable
physical components, products or systems are all represented by virtual symbols. In this world,
all industrial links are closely connected. People, machines and products are interoperable
(Arcidiacono and Pieroni, 2018).
It facilitate smart planning through end to end visibility. The visibility itself is a noble
goal, but it can also help companies bring improvements and fundamentally change the Industry
4.0 supply chain. In particular, the increased visibility of data makes it possible for
manufacturers to adopt intelligent planning solutions to respond to real-time input, thus
demystifying the interconnected and full of changing processes. When every value link from
inbound flow to factory floor to customer delivery is digitized, becomes transparent and more
fully understood, the production sequence can be newly optimized, and waste and inefficient
areas can be identified and remedied (Arcidiacono and Pieroni, 2018).
What is the Quality 4?
Lean Six Sigma Assignment 2022_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Industrial Revolution 4.0 (IR 4.0) in the MALAYSIAN CONSTRUCTION INDUSTRY
|13
|7460
|76

(PDF) The First Industrial Revolution
|10
|2805
|249

Fourth Industrial Revolution: Meaning, Characteristics, and Impacts
|6
|1473
|305

Information Systems | Assignment
|7
|2118
|19

What Is the Fourth Industrial Revolution?
|4
|1114
|18

Auditing: Explaining Industry 4.0, EU-GDPR, VUCA, and NOCLAR
|12
|3222
|366