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Implementing 21st Century Smart Manufacturing

Implementing 21st Century Smart Manufacturing

In June 2011, SMLC released its latest report entitled, “Implementing 21st Century Smart Manufacturing.” The report captures the SMLC’s consideration of the 21st Century Smart Manufacturingmost meaningful impacts in intensifying stage wise application of manufacturing intelligence over a ten-year time horizon:

  • Resources & optimized networks – 25% reduction safety incidents, 25% improvement energy efficiency, 10% improvement overall operating efficiency, 40% reduction cycle times
  • Product – Product tracking and traceability throughout the supply chain; pinpoint product recalls that are dynamically managed; product trustworthiness, e.g. defense products
  • Transition economics – 10x improvement in time to market in target industries
  • U.S. industrial innovation base – 25% revenue in new products and services; 2x current small and medium enterprises (SMEs) addressing total market; more highly skilled sustainable jobs created.

Read the full report published by the SMLC and the U.S. Department of Energy.