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Unlocking Industry 4.0 Potential: A Comprehensive Assessment in a Medical Devices Company Guides 50+ Smart Factory Projects

Our client is a major multinational corporation in the pharmaceutical and medical devices industry, boasting a remarkable revenue of 35 billion euros and a workforce of over 100,000 employees. With a global presence and a diverse portfolio of products.

Business Challenge

Undertaking an Industry 4.0 potential assessment to identify, pilot, and roll out projects aimed at making a significant contribution to achieving productivity improvement targets of 10% per year.

Approach

  • Potential analysis and short list of I4.0 opportunities
    • Conducted 3-day site assessments focusing on material flow, quality, and maintenance.
    • Provided an overview of process execution, information flow, IT systems, and areas for improvement.
    • Collaboratively identified the most promising I4.0 initiatives, emphasizing smart material flow automation, predictive maintenance, and digital shop floor management.
  • Business case calculation
    • Evaluation of investment costs, savings, complexity, technical feasibility, and implementation effort to prioritize initiatives.
  • Implementation roadmap
    • Determination of a detailed roadmap to implement Industry 4.0 projects in 3 waves, including work packages, required resources and budget for first wave

Main Results

  • 50 Smart Factory projects with a positive business case.
  • Payback in average less than 2 years
  • Business case calculation with recommended project and prioritization.
  • Determination of a detailed roadmap, including work packages, required resources and budget