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Introduction to Smart Manufacturing: Value Chain Perspective for Innovation and Transformation
Abstract
Fast advances in information technology (RFID, sensor, Internet of things, and the Cloud) have led to a smarter world vision with ubiquitous interconnection and intelligence. Smart manufacturing refers to advanced manufacturing with wise adoption of information technologies throughout end to end product and service life-cycles, capturing manufacturing intelligence for wise production and services. It represents a field with intense competition in this century of national competitiveness. In this chapter, an introduction to smart manufacturing innovation and transformation is presented. An example is used to illustrate what is happening in China's manufacturing industry, with insights about China's strategy of advanced manufacturing research and development. The chapter emphasizes the value chain analysis for setting smart manufacturing strategies. A case study is conducted in detail to showcase a value chain analysis of RFID enabled SIM-smart card manufacturing for China's mobile payment industry.
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