Measuring, managing productivity in Industry 4.0

Technology and automation continue to have a huge impact on global economy

By Vignesh Ramanathan, Naren Gursahaney, Paul Funari, James Wilk, Charles R. Schneider, Chintan Patil and Vittal Prabhu

Utilization and productivity are metrics often used when trying to determine trends for an entire industry or across different industries. Improving productivity is key for businesses to gain a competitive edge. This has been true since the days of Frederick Taylor, a pioneer of industrial engineering.

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