This thesis aims to analyse the evolution of lean manufacturing strategies, starting with the first concepts introduced by Toyota, and leading up to today's innovative approach that is known as Industry 4.0. The technologies and tools offered by the Internet of Things (IoT) environment have only been tested and implemented in the manufacturing industry in the last few years. Although the Industry 4.0 sector is still developing, it is clear how the correct implementation of modern IoT technologies could bring great benefits in terms of efficiency and flexibility. Although the ultimate goal is to create a completely autonomous company, a concept often referred to as Smart Factory, it is still necessary to proceed in small steps in order to gradually adapt the traditional company structure to a more modern, efficient and automated one. Subsequently, the ways in which these new technologies can be adapted, with low cost, within small and medium-sized companies will be analysed, and the existing machines in a company drill line will be used as a case study. Additionally, the ways in which low cost components and software represents a valid opportunity to start testing these new technologies will be demonstrated. In turn, the advantages that can be obtained will be described, in addition to the skills that can be developed, and which will be useful in dealing with higher levels of complexity in the future.
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