Industry 4.0: Using the Smart Industry Readiness Index (SIRI) as a systems tool to enhance manufacturing performance

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Course Objectives:

On completion of the course, participants should be able to:
1) Describe SIRI as a systems tool for enhancing manufacturing performance.
2) Explain the 3 building blocks, 8 pillars and 16 dimensions of SIRI.
3) Describe the Assessment Matrix, a diagnostic tool comprising 6 bands for each of the 16 SIRI dimensions.
4) Explain how the LEAD framework can facilitate a company's transformation journey in Industry 4.0.
5) Describe the key principles of the TIER Framework and understand its application in helping a company prioritize its transformative efforts.
6) Explain the formulation of the Prioritization Matrix and understand its application as a management planning tool for optimization.
7) Apply the LEAD Framework, Assessment Matrix, TIER Framework and Prioritization Matrix in the self-assessment of a company's state of readiness.

This course may be conducted online or in-person as a workshop with case studies. The student will submit an individual assignment and a mini-project as part of continual assessment. At the end of the course, students will need to complete an assessment.

Course Content:

Advanced [301]
In this course, the Smart Industry Readiness Index (SIRI) will be introduced as a systems tool for the participant to assist a company in the formulation of a clear vision, strategy and a systematic roadmap in the adoption of Industry 4.0.

SIRI was created by EDB in partnership with a network of leading technology companies, consultancy firms, and industry and academic experts. SIRI comprises a suite of frameworks and tools to help manufacturers – regardless of size and industry – start, scale, and sustain their manufacturing transformation journeys.

The World Economic Forum, in collaboration with EDB and key industry partners, plans to accelerate deployment and adoption of SIRI as the internationally recognized standard for Industry 4.0 benchmarking and transformation. The goal is to catalyze the adoption of Industry 4.0 methodologies and technologies across the global manufacturing community, and provide quantitative indicators for international benchmarking.

Minimum Entry Requirement:

Bachelor degree from a recognized university

Industry 4.0: Using the Smart Industry Readiness Index (SIRI) as a systems tool to enhance manufacturing performance

Wednesday, 30 Nov 2022

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10 DOVER DRIVE, 138683

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