Is Industry-4.0 the New Accelerator to Lean Manufacturing? | Authored by Dr. Ravindra Ojha

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Under the Lean domain the much discussed eight manufacturing process wastes with the acronym DOWNTIME, are: Defects in output, Over-production, Waiting, Non-utilization of human talent, Transportation not adding value, Inventory in excess, Motion not warranted and Excess-processing. A deep analysis indicates that the digital world of I4.0 can significantly reduce each of these eight wastes significantly, thereby improving leanness of systems.   

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