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Industry 4.0: Agile Development and Production with Internet of Production

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Handbook Industry 4.0

Abstract

With increasing volatility of the global competitive environment, manufacturing companies need to be able to quickly adapt to changes, e.g., shortened product life cycles, increasing price pressure, higher customization, higher product complexity, new competitive situations or new technologies (Stark 2016). This ability for quick reaction culminates in the company’s “agility” which empowers fast, flexible and proactive activities (Lindner and Leyh 2018).

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Schuh, G. et al. (2022). Industry 4.0: Agile Development and Production with Internet of Production. In: Frenz, W. (eds) Handbook Industry 4.0. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-64448-5_19

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  • DOI: https://doi.org/10.1007/978-3-662-64448-5_19

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