Determination of changes in process management within industry

Abstract

The company's ability to adapt to rapid market changes will be among the key factors for Industry's competitiveness within Industry 4.0. The basic of flexibility is quick respond to customer requirements and well-set and controlled production processes. Processes of Industry 4.0 will be different from existing processes, not only in terms of using new technologies such as digitization or augmented reality, but also in terms of management and support processes. The main aim of the article is possible changes determination of process management within Industry 4.0. For that, the current production process will be compared with the process in Industry 4.0. The described changes within Industry 4.0 will also have an impact on the organization architecture of company. The changes will be also in the production environment and in the supply chain. The described changes in the process management will also have an impact on the company risks. The main risks of changes within Industry 4.0 will be summarized in the article.