A Framework for Smart Manufacturing Systems Based on the Stakeholders' Value

Abstract

Smart manufacturing systems (SMSs), are proposed in the era of Industry 4.0 and Industry Internet of Things, supported by the Cyber Physical Systems (CPS), Artificial Intelligent (AI), and smart sensing and cognitive technologies, as an autonomous system to better solve the problems such as personalized customization, quick response, and sustainable value added. However, existing analysis and design approaches use a narrower concept, which focuses on either knowledge, business or service aspects, neglecting to consider the stakeholders' value. In this paper, the framework of smart manufacturing systems based on the sustainable added value of stakeholders is presented. It has been suggested that reflecting upon stakeholders’ value may bring a better understanding of analyzing the SMSs paradigms.