Smart Policies for Smart Factories
(WorldNews South Korea)

Kim Min-ho By Kim Min-ho How can you tell someone is smart? Just the fact that they are carrying a good laptop doesn`t mean they are smart. I tell if a person is smart when the person knows their goal and knows how to use their skills and information effectively to achieve the goal. Now I ask the same question of a factory instead of a human. `Smart factories` have become a buzz phrase and by now we should know what it means to be a smart factory. A factory is smart when it uses information effectively from the factory floor up to management level to meet its goal such as creating high-quality products or minimizing operational inefficiencies. Implementation of information technology (IT)...