Abstract
Delivering on digitalization for large multinational business, in the contemporary context of global operations and real time delivery, is a significant opportunity. Operations of localised facilities independent of global operations can result in compromised global synergies. Centralised functions such as research and development, optimisations of assets, corporate planning (strategy, investment planning, financial), and supply chain together with any other function deliver significant business value. Integration of these functions via industry 4.0 delivers significant business value, delivering strategic and operational benefits. This research proposes a global system approach, as defined by industry 4.0 (vertical, horizontal and total business integration), to this challenge, from ERP through manufacturing systems down to instrumentation. The proposed work resolves the inter-site challenges together with global standardization and inter-functional integration. This proposed architecture is reinforced by a simulation illustrating the benefits of the integrated business.
Original language | English |
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Pages (from-to) | 316-329 |
Number of pages | 14 |
Journal | Process Safety and Environmental Protection |
Volume | 118 |
DOIs | |
Publication status | Published - Aug 2018 |
Keywords
- Business optimisation
- Industry 4.0
- Organization information processing theory
- Smart production systems
ASJC Scopus subject areas
- Environmental Engineering
- Environmental Chemistry
- General Chemical Engineering
- Safety, Risk, Reliability and Quality