Industrial Engineering 4.0 – IE in the Era of Industry 4.0 technology era 4.0

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The methods, techniques and tools used to do industrial engineering get modified and new ones get developed with changes in technology and management methods related to industry. Applied industrial engineering is given the punch sentence – “IE in New Technology, IE with New Technology ” by Prof. Narayana Rao. The world now talks of Industry 4.0. Industry 4.0 is the result of number of new technologies, many of them in the field of information and communication technologies that make a connected network of machines and equipment possible.

The idea is explained Industrial Engineering 4.0 – IE in the Era of Industry 4.0 – Blog Book

In this video, Prof Narayana Rao introduced the concept of Industrial Engineering 4.0 and appeals to all industrial engineers to develop new productivity science, productivity engineering inventions and manage the implementation process.

Industrial Engineering 1.0 Taylor – Opportunity for Productivity Improvement
Industrial Engineering 2.0 Alan Mogensen – Involvement of Operators – Supervisors
Industrial Engineering 3.0 Japanese Innovations – SMED, Poka Yoke, Kanban, Low Inventory, Flow Production, Flow Based Supply Chain
Industrial Engineering 4.0 Productivity of Connected Production Systems -Focus on Technology Based Productivity – Production Industrial Engineering – Process Industrial Engineering

Industrial Engineering 4.0 can reduce conversion costs by as much as 40% in five to ten years. Industry 4.0 has potential to provide 15% cost reduction benefit.

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