Digitization and Manufacturing Performance

Today, production strategies are influenced by quality, cost, delivery, innovation, and responsiveness. Firms have traditionally pursued these goals through the adoption of production practices, such as simultaneous engineering, increasing efficiency through the elimination of defects, setup reduction, and worker empowerment. However, recent developments in industry suggest that industry regulators and professional bodies must encourage innovation in a broad range of high-tech production facilities with the environment in mind. The success of the industry depends on production facilities and the competitive advantage that the industry gains due to better quality and reliability. This advantage leads to an increase in sales and the creation of a sound customer base for greater market share, which eventually leads to more profit, growth, and expansion. A firm’s processes must possess operating advantages in the form of competitive priorities to outperform its competitors, keeping in mind its influence on the environment. Digitization and Manufacturing Performance: An Environmental Perspective presents the expectations of industrialists, policymakers, and academics by evaluating the impact of production facilities.