IMPLEMENTATION OF INDUSTRY 4.0: EXAMPLES FROM THE SERBIAN MANUFACTURING INDUSTRY

Abstract

Industry 4.0 presents a revolution in the manufacturing sector by integrating advanced technologies such as the Internet of Things, artificial intelligence, augmented reality and others. This integration sets the foundation for autonomous, effective and highly efficient manufacturing processes, increasing the levels of digitization and automation. The purpose of this paper is to present examples of the implementation of Industry 4.0 in manufacturing companies. The aim of this paper is to analyze the key aspects of digital transformation through Industry 4.0 and present concrete examples of its implementation in manufacturing companies in the Republic of Serbia. The intention of this paper is to indicate the importance of the implementation of Industry 4.0, identify key challenges in the development of Industry 4.0 and define recommendations for improving production management in manufacturing companies, based on examples of Industry 4.0 application from the practice. Industry 4.0 creates an intelligent production environment with greater efficiency, effectiveness and adaptability