Smart Material and Work Flows at the Age of Industry 4.0

13 Apr 2023, Industry 4.0, Technology, Production

The Industry 4.0 paradigm shift in the late 2010s triggered smart automation and data exchange in manufacturing technologies and processes. It brought about increased applications of Artificial Intelligence in the industrial sector. Steelmakers were impacted by this digital transformation leading to smart products, processes and supply chains. By optimizing data and leveraging information in real time, they had more efficient and faster decision-making. However, to capture these opportunities and manage smart material flows and sustainable ecosystems, a Production Management System (PMS) also needs an I4.0 upgrade.