Smart Factory. High tech, higher challenge?

How to shape a successful transformation and avoid major pitfalls

96 percent of companies have embarked on their smart factory transformation, trying to improve not only productivity, but also reliability, flexibility, sustainability and the attractiveness of their production sites. However, only 8 percent have fully met their expected targets. This is not only due to a limited view that focuses only on automation of physical processes, but also due to insufficiencies in understanding and managing the transformation.

This Strategy Paper identifies the eight most common pitfalls in smart factory transformations and provides proven mitigation approaches to achieve the next big leap in performance of factory operations. In addition, to support the move from fragmented steps to a holistic program approach, it outlines the Porsche Consulting Smart Factory Framework, starting from a clear vision of the transformation of processes and technology to the empowerment of people and organization.