Team : K Warriors

College: Indian Institute of Management Kozhikode

Course: MBA (Post Graduate Programme in Management )

Course Duration: 2 years
Year of passing : May 2021

Team Member Work Experience (months)

Ankit Mahajan 22
G Sai Aishwarya 34
Piyushi V V 23
 Understanding
Objective
Feasibility Analysis Key value Key technology Designing an
challenges to
Case
of Industry 4.0 additions through paradigms that implementation
Industry 4.0 roadmap for ACI
adoption by ACI Industry 4.0 ACI can adopt
adoption

Challenges ACI can meet with the digitization Cost reduction | Revenue Growth |
Value drivers
initiatives? Efficiency Improvement
Prone to Pilot-Purgatory as scaling up is costly and
01 pilots don’t demonstrate clear cut value additions

Lack of clear and quantifiable economic

02 benefits coupled with high initial investments
Low maturity of industry standards for data
03 ownership, protection and benchmarks to assess
the technology maturity
Insufficient qualification of employees specific
04
to Industry 4.0 technologies
Employees’ Reluctance to adapt to cultural
05 changes heralded by Industry 4.0 initiatives • Operational efficiency improvement • After sales
• COGS as % of revenue Time to market costs as %
• Reduction of labor hours • Time to Volume • Manufacturing costs as % of COGS
KPI’s of revenue
• Reduction of turnaround time • Time to market • Training costs as % of revenue
Potential Roadmap for Yorkingtown
1
Analysing the Current Technology Level and Maturity- Presently there are integrated supply chain
01
and quality systems
2
Identifying Opportunities for Improvement- Assessment across solutions, operations, technology
02
3
and people ecosystems
Evaluating and Prioritising the opportunities- Currently most important are remote
03
4 operations and worker safety
Chalking out short-term (remote operations and maintenance), medium-term (autonomous
04
manufacturing) and long-term goals(supply chain reengineering)

Way forward for other geographies

Shift from a product-oriented to platform- Adopting a value-backward instead of resource-

01 focused approach by building a digital ecosystem 02
forward mindset by focusing on key value-drivers
Setting up cross functional teams, people
03 Being agile and promoting growth mindset over
centricity through effective change management 04
fixed mindset
with full support from leadership

Autonomous 04 Field-force optimisation

01
Material handling For improved productivity
Reduce dependence of technicians and
on labor supervisors
Predictive
02 05 Predictive Supply
Maintenance (IIoT) Chain(Big Data Analytics)
To reduce fault Digital
Solution To manage demand and
occurrence and lower supply more efficiently
chances of breakdown
RPA for processing
03 Digital Twins 06
services
For fault detection, Automate routine tasks
performance monitoring and more efficient use of
and training of new staff workforce