Since the 1800s, we have experienced three industrial revolutions. Each was powered by a disruptive new technology: the mechanics of the steam engine, the innovation of the assembly line, and the speed of the computer. The reason they were called industrial “revolutions” was because the innovation that drove them didn’t just improve productivity and efficiency a little bit – it completely revolutionized how goods were produced and how work was done. We are now in the Fourth Industrial Revolution, aka Industry 4.0, which revolutionizes the automation, monitoring, and analysis of supply chains through smart technology.
Read more about Industry 4.0 in this article from SAP Insights.
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