This study examines the progression of manufacturing technology over a span of fifty years and their substantial influence on the industry. The manufacturing industry has been significantly influenced by technological advancements like 3D printing, the Internet of Things (IoT), artificial intelligence, virtual reality and Industrial Internet of Things (IIoT). These advancements have had a profound impact on manufacturing processes, resulting in many notable outcomes. Among them include the capacity to make predictions, cut down on errors, speed up operations, increase accuracy and safety, and decrease manufacturing costs. Traditional manufacturing, Intelligent manufacturing, cloud-based smart manufacturing, reconfigurable manufacturing, Internet of Things-based smart manufacturing, and flexible manufacturing are all defined in the research. Each group has its own set of benefits and challenges, which are highlighted by the remark. The study also examines the shift from conventional manufacturing to smart manufacturing, with a particular emphasis on the tactics and management procedures driven by novel concepts and potential prospects. This study examines the effects of the Fourth Industrial Revolution (4IR) on several aspects including productivity, supply chain management, efficiency, quality management, revenue growth, sustainability, employment, and energy efficiency. This research sheds light on the far-reaching consequences of manufacturing technology and the bright future possibilities for advancements in the industry.
Keywords
Internet of Things, Fourth Industrial Revolution, Industrial Internet of Things, Supply Chain Management, Smart Manufacturing.
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Cite this article
Arulmurugan Ramu, “A Review of Manufacturing Technologies on the Industry: Categories, Integration and Impacts”, Journal of Enterprise and Business Intelligence, vol.4, no.4, pp. 232-241, October 2024. doi: 10.53759/5181/JEBI202404024.
