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Anthony Etzel
/ Categories: Event / News, Video | Webinar, MES, Crossroads MES, Support, Training & Workshops

Embracing Industry 4.0: The Future of Smart Manufacturing is Here

WEBINAR - Join us: Thursday, April 17th, 2025 from 1:00 to 1:30 (US/Eastern)

We’re standing in the middle of the Fourth Industrial Revolution—Industry 4.0—a transformation that’s redefining how products are made, moved, and managed. But many companies are still operating with Industry 3.0 systems: digitized, yes, but not yet intelligent, connected, or adaptive.

So, what makes Industry 4.0 different? And more importantly—where does your company stand in this transformation?

Automation to Intelligence: The Shift from Industry 3.0 to 4.0
Industry 3.0 introduced computers, electronics, and early automation into manufacturing. It marked the beginning of digital systems and the rise of Manufacturing Execution Systems (MES) as a bridge between planning and the shop floor. Industry 4.0 takes it further: it brings interconnectivity, real-time data, and AI-powered intelligence into every corner of the industrial environment. It’s about smart factories, self-optimizing systems, and predictive capabilities that weren’t possible before.

8 Pillars of Industry 4.0:
1. Artificial Intelligence (AI)
2. Manufacturing Execution Systems (MES)
3. Smart Decision-Making
4. Predictive Maintenance
5. Process Optimization
6. Quality Control
7. Supply Chain Intelligence
8. Autonomous Robotics

Join Anthony Etzel and Crossroads RMC to learn how MES can unlock Industry 4.0: Transforming Manufacturing with Smart Technology - How MES bridges planning and the shop floor. 

https://ibmi.workoutloud.com/Event/unlocking-industry-40-transforming-manufacturing-with-smart-technology

When: Thursday, April 17th, 2025 from 1:00 to 1:30 (US/Eastern)

What: 30-minute webinar for companies looking to modernize their manufacturing operational processes.The webinar objective is to help companies understand the shift from Industry 3.0 to Industry 4.0, highlighting the role of Manufacturing Execution Systems (MES) in this transformation and showcasing how real-time data, automation, and interconnected systems drive efficiency and competitiveness.

Who:  Manufacturing leaders, operations managers, IT professionals, and decision-makers.

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Tips:  LX | BPCS | M3

Tips: LN | Baan

Use this session to define simulated purchase prices for purchased items per site.

Field Information:

  • Cost Calculation Code - price calculation code
  • Item

The raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, and sold.

An item can also represent a set of items handled as one kit, or which exist in multiple product variants.

You can also define nonphysical items, which are not retained in inventory but can be used to post costs or to invoice services to customers. The examples of nonphysical items:

  • Cost items (for example, electricity)
  • Service items
  • Subcontracting services
  • List items (menus/options)
     
  • ​Site - The site for which the purchase price is simulated.
  • Purchase Currency - The currency of the simulated purchase price.
  • Simulated Price - Purchase price

The simulated purchase price and currency are recorded twice.

  • Simulated Price Multi Currency - The purchase price in multiple currencies.

The simulated purchase price and currency are recorded twice. The amount in this field is related to the price of the supplier.

  • Unit - Purchase price unit
  • Cost Component - The cost component that must be of the type Material Costs.

Note: The cost component specified in this field does not become part of the standard cost detail structure if it is part of the cost component scheme of the selected item. If calculations are performed with a calculation code not used for actualization (simulations only), the simulated purchase price is mapped to the cost component defined in the records for this session.

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