Introduction
The objective of this fundamentals course is to educate the participants about Industry 4.0, its implications for the supply chains, and the ways in which companies can take advantage of the capabilities of Industry 4.0. The material covered is relevant to both large companies as well as small-and-medium enterprises (SMEs).
The course covers the fundamentals of Industry 4.0, and strategies for the functions involved in planning and managing production and distribution of goods. The course will be of particular interest to executives and associates involved in procurement, manufacturing, transportation, warehousing, sales & service (including e-commerce), and forecasting & inventory management. It will also benefit IT professionals interested in supply chain applications of Industry 4.0, although it does not cover technical IT aspects. It does not intend to cover implications of Industry 4.0 for other areas such as accounting, finance, advertising, social media, or human resources management.