The term 'Industry 4.0' was coined to mark the fourth industrial revolution, a new paradigm enabled by the introduction of the Internet of Things (IoT) into the production and manufacturing environment. The vision of Industry 4.0 emphasizes the global networks of machines in a smart factory setting capable of autonomously exchanging information and controlling each other.
Supply chains are traditionally linear in nature, with a discrete progression of design, plan, source, make, and deliver. Today however, many supply chains are transforming from a staid sequence to a dynamic, interconnected system that can more readily incorporate ecosystem partners and evolve to a more optimal state over time. This shift from linear, sequential supply chain operations to an interconnected, open system of supply operations could lay the foundation for how companies compete in the future.
It is expected that these new technologies and innovative solutions will continue to transform and evolve supply chains and logistics in numerous ways.
Full course fees without subsidy
For Singaporeans and PRs (below 40 years) and enrolling on your own
Singaporeans above 40 or participants sponsored by SMEs
For Singaporeans on Work Training Scheme. To qualify, individuals must meet the following criteria:
- Be a Singapore Citizen; and
- Aged 35 years and above (13 years and above for Persons With Disabilities); and
- Earn a monthly income of not more than $2,000.