The Factors of Smart Factory Construction- Empirical Evidence from Korean Metal Working Firms
AUTHORS
Shan Yue Jin,Gachon University, Korea
Ji Suk Lee,Korea Institute of Industrial Technology, Korea
ABSTRACT
The Smart Factory is being proposed as a challenge for the manufacturing industry in the 4th Industrial revolution. In the absence of empirical analysis of the status of smart factories, we try to analyze the factors of building a smart factory in the metalworking industry, which is the base of the manufacturing industry. As a result, the CEOs' intentions and firm size are the main factors for innovative and leading investment activities such as smart factories. Also, we find that the level of the smart factory is different according to the industrial characteristics as analyzing the factors of smart level into five working areas (Product Process Design, Operation Management, Quality Management, Equipment Management, and Procurement & Logistics). In analyzing factors of smart factory construction plan, the firm with high production manpower makes a plan on the low level of the smart plant. It shows that the negative aspects of smart factory construction are strong at the production site.
KEYWORDS
4th industry, CEO, Metal working firms, Smart factory, SME
REFERENCES
[1] C. Schroder, “The challenges of industry 4.0 for small and medium-sized enterprises,” (2016)
[2] D. C. Hambrick and P. A. Mason, “The Academy of Management Review,” vol.9, no.2, pp.193-206
[3] H. G. Park, “Smart factory strategy conference,” (2018), July 3: Seoul, Korea
[4] H. J. Lee, Y. J. Kim, J. J. Yim, Y. W. Kim, and S. H. Lee, “Journal of the Korean Society for Precision Engineering,” (2017), vol.34, no.1, pp.29-34
[5] H. Y. Park, “The journal of the Korean institute of communication sciences,” (2015), vol.33, no.1, pp.24-29
[6] H. Y. Lee and J. Y. Chang, “The journal of the Korean institute of communication sciences,” (2018), vol.35, no.4, pp.35-42
[7] T. G. Kang and Y. R. Kim, “Indian journal of science and technology,” (2016), vol.9 (S1)
[8] T. J. Lee and Y. J. Kim, “Proceedings of the Korean society of computer information conference,” (2017), vol.25. no.2, pp.191-194
[9] KPIC, “Survey report on smart factory level of metalworking firms, (2015)