Review of Modern Technologies in Manufacturing Sector

This paper reviews and focuses on various aspects and feasibilities of modern technologies in the manufacturing sector. Smart factory features are the production of smart, personalized products achieved by networks, which mainly based on the supply and demand, and networks are reinforced with advanced information technologies (IT). Modern technologies are smart manufacturing. Which includes Infrastructure of the real industrial system, elements of smart manufacturing, integration of production with supply chain networks in real and virtual fronts need to develop, Industry 4.0 fourth Industrial revolution is ushered by the Internet of Things (IoT). Key elements of smart manufacturing are listed to understand and implement its concepts across enterprises. Integration of manufacturing, supply chain operations with computer-aided technologies (CAT), Enterprise Resource Planning (ERP), Manufacturing Execution Systems (MES), Manufacturing Control Systems (MCS), and Quality Management System (QMS) will enhance the performance of manufacturing. It will operate to control manufacturing and bring better results. The life cycle testbed is used to collect and analyze data and formulation across the manufacturing enterprises by mathematical modeling and simulation tools. Cloud manufacturing enhances the availability of required resources to both service seeker and provider. The introduction of image processing and machine vision system increases the quality of the component.