“Learned Value” by Foxconn Lighthouse Factory White Paper
By Sharon Hsieh
New Focus on Industry 4.0
“The Lighthouse Live Session,” co-organized by World Economic Forum (WEF) and McKinsey & Company, focuses on the reshaping of business growth and explores the path of 4IR application in the manufacturing industry. In recent years, the impact of covid has greatly accelerated the urgency of digital deployment; meanwhile, consumers continue to raise their standard of transparency in production.
“By using new technologies, we can increase efficiency, reduce energy consumption, and incorporate sustainability into the value chain.”
According to Huang Ke Xing, CEO of Tsingtao Brewery, also one of the speakers at the forum.
A new corporation in Industry 4.0: Human resources, product value & sustainability.
Analyzing the successful member of the Lighthouse Network, the customer-centered product value is a major driving force of the transformation. Instead of thinking in terms of single-point data optimization, we build a stable and long-term foundation by deploying a digitalized system of production and operation, based on the ultimate value that the company can create. From linking the product value to Industry 4.0, the necessary transformation, and the deepening of corporate culture, “Lighthouse Factory” has created an environment that accepts innovation and change, focuses on workforce development, and provides employees with skills training. Enhancing team cohesiveness, transforming not only digitally but also from the aspect of human resources.
The principles of the Lighthouse Network also contain sustainability,, maintaining business competitiveness while remaining environmental responsibility. According to a report provided by WEF,
“More than 70% of sustainable lighthouse factories are seeing a 20%-50% improvement in energy efficiency“
Showing the possibilities of working on environmental sustainability and production simultaneously, with an expectation of greater improvements in the future.
燈塔工廠營運表現指標 轉載於世界經濟論壇燈塔工廠網絡白皮書
“Learned Values” in business transformation
Jay Lee, Vice Chairman of Foxconn, mentioned in the introduction of the “2021 Lighthouse Factory Leading the Digital Transformation of the Manufacturing Industry White Paper” that “The Lighthouse Factory focuses on the business value brought by the system upgrades and innovative technology applications. Also the capacity and cohesiveness of all members, and the end-to-end value chain improvement by focusing on the customer. Emphasizing the ‘learned value’ in the corporate transformation journey. “
Agility & diversity are the two main keys of how lighthouse factories can successfully transform their operation. Each of them has shown the possibilities of innovative approaches to manufacturing by demonstrating a flexible and diverse path to successful transformation. The innovative ideas provided by these companies will serve as principles in the transformation of the manufacturing industry, making the industry ecosystem more diverse and promising.
Reference:
The Global Lighthouse Network Playbook for Responsible Industry Transformation 2022
燈塔工廠引領製造業數位化轉型白皮書 2021年10月
Lighthouses Live: Reimagining Operations for Growth
Image source:
Free Photo | Industrial health measures during corona virus pandemic (freepik.com)
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Digital transformation in manufacturing, what is the trend of future factories?
