Presented by: Javed Cheema, Neapco Drive Lines, LLC
Area of Focus: Technology and Session Level: Intermediate
The proposed presentation will be based on a recently concluded research about the factors that would determine success or failure of the initiatives to upgrade and migrate to Industry and Quality 4.0 System (QMS). The presentation is based on a case study undertaken to develop a system infrastructure including proactive risk management and implementation of digitized QMS and an Operational Excellence (OPEX) business model. The case study pertains to a typical medium manufacturing company, but the results can be applied to other industries. The presentation focuses on five critical elements that determine the success of such efforts. Several landmark studies indicate that Quality 4.0 will be the most critical-to-success factor in any efficient Industry 4.0 operational system. Quality 4.0 will ensure a smooth and efficient conversion value stream of given inputs into outputs at required level of quality, cost and on-time delivery. Business leadership requires constantly looking out for new and improved technologies, infrastructure, and processes; adopt them ahead of competition, mitigate the risks associated with innovation and stabilize the system ahead of next iteration. Literature survey and benchmarking for the research identified five (5) key elements to consider and effectively address for a flawless transition to Quality 4.0 system.