Can AI Deliver Fully Automated Factories?
Published In: Harvard Business Review Digital Articles, 2024. P. 1 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Kuepper, Daniel; Zhukov, Leonid; Rajagopal, Namrata; Bastubbe, Yannick 3 of 3
Abstract
The article discusses the potential for fully automated factories, also known as "lights-out factories," where production is orchestrated by robots and intelligent machines with minimal human intervention. While previous attempts at creating such factories have faced challenges, the authors argue that recent advances in technology, such as generative AI and embodied agents, are making lights-out factories more feasible. The article highlights a case study of a European automotive supplier that successfully transformed its existing factory into a fully automated operation, reducing labor costs and improving profitability. The authors suggest that manufacturers should focus on understanding their pain points and rethinking investment criteria and implementation strategies to embark on their own lights-out transformation. [Extracted from the article]
Additional Information
- Source:Harvard Business Review Digital Articles. 2024/08, p1
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2024
- Accession Number:179403818
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