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http://dx.doi.org/10.15207/JKCS.2018.9.3.001

SWOT Analysis for Small and Medium Enterprise in Smart Factory introduction  

Lee, Hyeon Ho (Department of Convergence Technology & Management Engineering, Yonsei University Graduate School)
Leem, Choon Seong (Department of Industrial Engineering, College of Engineering, Yonsei University)
Publication Information
Journal of the Korea Convergence Society / v.9, no.3, 2018 , pp. 1-14 More about this Journal
Abstract
The 4th Industrial Revolution has been rapidly changing the environment of all industries and the new technologies as included in the 4th Industrial Revolution has taken the lead in this change. Domestic SME need to change according to the 4th Industrial Revolution. Specially, it is necessary to introduce smart factories to the SME. Thus, this study suggests strategies for successful introduction of smart factories to SME through SWOT analysis about the situation of the SME. As strategies for utilizing its strengths, first, it is an activation through superior competitiveness. Second, the utilization of excellent technology and information is considered. Third, it is suggested to utilize global network-based environment. The strategies for making up for weakness are provided as follows. First, it is suggested to raise awareness of information security. Second, it is considered to establish technical standardization for the construction of evaluation system. Third, the promotion of manpower to secure professional manpower is suggested. The implication of this study is that it suggests the necessity of smart factory to understand and prepare for effective strategies for SME and various external strategies for the fourth industrial revolution.
Keywords
Smart factory; Automatic control; 4th industrial revolution; factory automation; Information Communication Technology;
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Times Cited By KSCI : 5  (Citation Analysis)
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