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In January, as the new coronavirus was rapidly spreading around the world, scientists at Moderna teamed up with the National Institutes of Health to pursue a potential vaccine based on an experimental genetic technology involving messenger RNA (mRNA), a molecule in every cell that helps translate DNA into biological functions.

Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.

If you were to rebuild your manufacturing business today, would you build it in the same way, or would you shape it differently to address new challenges and future innovations?

We no longer need to accept that it takes a decade to create and make a safe and effective vaccine—thanks in part to smart manufacturing.

When drilling a well, clearing a forest or excavating a building site, experienced operators count on their toughest equipment to help them get the job done.

Road to maturity involves safeguarding supply chains, treating security with the same urgency as safety, for starters.

If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.

On-time delivery (OTD), a measurement of the level of finish goods or services delivered when promised and in full, is a signal of efficiency that reveals how well operations is doing.

Cofounder Johannes Trabert, who lives a poetic life in the Thuringian Forest, says the future will be focused on ‘the clever share of work’ between humans and robots.

The industrial revolution of today, called Industry 4.0, is driven by the interconnectedness of advanced technology, automation, robotics, and real-time data, also called the Internet of Things (IoT). While these cyber-physical systems can autonomously exchange information to trigger actions and make decentralized decisions, it’s impossible to dismiss the importance of the human element in manufacturing.