SMART VIRTUAL PRODUCT DESIGN TO BOOST CONSUMER PRODUCT INDUSTRY 4.0

Abstract

This paper describes a method capable of improving the cycle of product production for
manufactured industrial goods. The system is known as Smart Virtual Product Development
(SVPD), and by using explicit knowledge of formal decision events, it helps in the decision
making. It stores and reuses past decisive events or set of experiences related to various activities
involved in the process of industrial product development, i.e. product design, manufacturing,
and inspection. This system can potentially be used by large companies producing a range of
similar products in mass production, or by a group of small and medium-sized enterprises
(SMEs). This research explains how to enhance product manufacturing through the use of SVPD
in Industry 4.0, where cyber-physical systems have to play the key role. Analysis of basic
concepts and method of implementation shows that this is an expert system which facilitates the
manufacture of products that can play a vital role towards Industry 4.0.