2022
DOI: 10.3390/f13122171
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The Potential of Smart Factories and Innovative Industry 4.0 Technologies—A Case Study of Different-Sized Companies in the Furniture Industry in Central Europe

Abstract: New innovative technologies of Industry 4.0 are the key to the future development of the furniture industry, which is outdated because of its atypical production and small-series production. For applying the novel trends of Industry 4.0 to the furniture sector, the methodical support of managers, the key users of these technologies, is essential. As there is a lack of knowledge regarding implementation of Industry 4.0, this study focuses on the evaluation of the current status of furniture companies in terms o… Show more

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Cited by 4 publications
(2 citation statements)
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“…To promote industrial competitiveness, some scholars believe that the basic element lies in possessing highly sought-after resources, e.g., owning core technologies, controlling professional production equipment, and holding professional talents [52,53]. Low-level resources, such as traditional cheap labor, abundant raw materials, and general equipment are highly fungible [54,55]. With the facilitation of trade circulation, the advantages of these resources have gradually been reduced, whereas high-level resources are irreplaceable and able to support sustainable development, making them crucial to national (or regional) competitiveness [56,57].…”
Section: Regional Competitivenessmentioning
confidence: 99%
“…To promote industrial competitiveness, some scholars believe that the basic element lies in possessing highly sought-after resources, e.g., owning core technologies, controlling professional production equipment, and holding professional talents [52,53]. Low-level resources, such as traditional cheap labor, abundant raw materials, and general equipment are highly fungible [54,55]. With the facilitation of trade circulation, the advantages of these resources have gradually been reduced, whereas high-level resources are irreplaceable and able to support sustainable development, making them crucial to national (or regional) competitiveness [56,57].…”
Section: Regional Competitivenessmentioning
confidence: 99%
“…Smart manufacturing, enabled by Industry 4.0 technology, provides a possible answer to these difficulties by improving productivity, resource efficiency, and product quality [2]. Woodford Timber Products has been at the forefront of this transformational journey, utilising cutting-edge technology to simplify manufacturing processes and improve operational efficiency.…”
Section: Introductionmentioning
confidence: 99%