Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pls help me choose a SME N CREATE A SIMPLE REPORT Topic: implementation of IR4.0 on Small Medium Enterprise (SME). Malaysia looks towards Industry 4.0

image text in transcribed

Pls help me choose a SME N CREATE A SIMPLE REPORT

Topic: implementation of IR4.0 on Small Medium Enterprise (SME). Malaysia looks towards Industry 4.0 to boost productivity growth, with priority initially given to the manufacturing sector, with future plans to extend it to other sectors. The term was publicly introduced at the Hannover Fair that same year. Then, in October 2012, the Working Group on Industry 4.0 presented a set of Industry 4.0 implementation recommendations to the German government. Since then, the revolution has spread to other countries, including Malaysia. The Nine Pillars of Industry 4.0 are Big Data, Augmented Reality, Simulation, Internet of Things (IoT), Cloud Computing, Cyber Security, Systems Integration, Additive Manufacturing, and Autonomous Systems to help transform the operational potential of manufacturing industries. One of the constrains face by Industries is the costing, especially for a Small Medium Enterprise (SME) industry. Therefore, in this assignment, your group is being assigned a task to choose an industry and write a management proposal to propose implementation of IR4.0 on Small Medium Enterprise (SME) with a turnover of RM1 million. Through this project, your chosen industry will benefited from your proposed implementation of IR4.0. as Hint: You need to study about the challenges and obstacles face by the SME industr well as its possibilities in implementation of IR4.0. Layout the framework, costing, planning, forecast etc. Last but not least, how IR4.0 have changed the project management Create: 1. A full proposal consisting of: a. Introduction of the SME industry of your group have identified. b. Planning and layout proposal with inclusion of challenges and obstacles faced. C. Costing. d. Forecast

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Accounting

Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton

1st Edition

978-0077300456, 0077300459

Students also viewed these Accounting questions