TITLE:
Manufacturing Company Management and Innovation in the Age of Digital Transition
AUTHORS:
Nanying Liu, Huaping Sun, Xiumei Du, Bless Kofi Edziah
KEYWORDS:
Intelligent Manufacturing, Business Management Method, Business Efficiency and Innovation
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.12 No.5,
May
6,
2022
ABSTRACT: As the world transitions to an era of intelligent manufacturing, China
has joined the race to usher in the Fourth Industrial Revolution (Industry 4.0)
by transforming and upgrading conventional industries 2.0 and 3.0 to industry 4.0. As a result, many manufacturing workshops are being transformed
to make room for machines rather than labour. While
businesses may benefit from the conveniences of the intelligent era, they are
faced with several challenges, particularly
in the management of manufacturing companies. For example, with the intelligence of machines and
equipment, companies must contend with the efficiency of their
employees. This paper, therefore, primarily
discusses current business management issues and makes management
recommendations in response. At the same time, it demonstrates that in the age
of digital transition and intelligent manufacturing, businesses should use
innovative ideas to maximize business management efficiency.