This open access book addresses the practical challenges that Industry 4.0 presents for SMEs.
While large companies are already responding to the changes resulting from the fourth
industrial revolution small businesses are in danger of falling behind due to the lack of
examples best practices and established methods and tools. Following on from the publication
of the previous book 'Industry 4.0 for SMEs: Challenges Opportunities and Requirements' the
authors offer in this new book innovative results from research on smart manufacturing smart
logistics and managerial models for SMEs. Based on a large scale EU-funded research project
involving seven academic institutions from three continents and a network of over fifty small
and medium sized enterprises the book reveals the methods and tools required to support the
successful implementation of Industry 4.0 along with practical examples.
