For as long as anyone living can remember, manufacturing has meant mass production. The assembly line developed by Henry Ford was driven by the need to bring complex products, the automobile in that case, to a cost level that was within reach of consumers.
There is a new wave sweeping across the industrial landscape and manufacturers who recognize it can benefit from the opportunities it holds. It has been called various things, such as Industry 4.0 or Smart Factory, but whatever name is applied, we are in the midst of a real fourth industrial revolution.
More and more American manufacturers with supply chains based in Asian economies are bringing their production back to the North America.
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