Manufacturing Circle


Manufacturing Circle

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Discussion


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Members


See all individual and organizational members of this circle.fusion-builder-column-2 .hover-type-liftup:before{border-radius:4px 4px 4px 4px;;}



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Organizors


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Why?

Today, huge shifts in technology and the broader economic context have eroded barriers that once impeded the flow of information, resources, and products. Barriers are starting to fall everywhere; lower barriers to accessing the machinery needed, to learning, lower barriers to commercialization and financing. Traditional manufacturing companies are now facing a nexus of challenges, under pressure to optimize increasingly complex supply chains that lack visibility, new environmental considerations, changing customer demands as unmet needs around customization, and co-creation are causing niche markets to proliferate.

New Approach

Today the 4th industrial revolution describes a vision for the next generation of industrial systems where every component has embedded computation and is interconnected with others so as to communicate peer-to-peer and self-organize towards end objectives. The scope and scale of these developments herald the transformation of entire systems of production and the conditions for market success creating fertile ground for new forms of distributed production systems. In a world of the industrial internet, labor-intensive factories and assembly lines could be a thing of the past through automation and distributed production. Peer networks of coordination and smart contracts could result in many fewer stages in the production chain from primary material extraction to end-use. A massively complicated set of siloed centralized systems along the supply chain could evolve into much more fluid and direct peer networks of production.

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