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Opportunities of industry 4.0 for SMEs in the area of rebar steel distribution within the construction industry –a PPC potential analysis
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Industry 4.0coins a global trend towards applying digital technologies to manufacturing. However, the openness towards related innovations varies among different industries. Whilst for instance many manufacturers within automotive or logistics industries have optimized their factories already, the German construction sector falls back regarding adaptation. Reinforcement steel distributors reflect a fundamental part of this sector and are broadly hesitant to initiate their factory transformation. This research provides an overview of the opportunities of Industry 4.0 in the area of reinforcement steel trade and processing. It analyzes how to derive an innovative factory design leveraging on state-of-the-art production planning methods, by aggregating market information and technology.
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Industry 4.0 Sme Steel trade Manufacturing