Lean man­u­fac­tur­ing (also known as lean pro­duc­tion, just-in-time man­u­fac­tur­ing, and just-in-time pro­duc­tion, or JIT) is a pro­duc­tion method aimed pri­mar­i­ly at reduc­ing times with­in the pro­duc­tion sys­tem as well as response times from sup­pli­ers and to cus­tomers. Cen­tral to the con­cept is the elim­i­na­tion of waste or activ­i­ties which add no val­ue to the process. This, in turn, pro­vides a basis for oper­a­tional excel­lence by stan­dard­iz­ing process­es and cre­at­ing a cul­ture of con­tin­u­ous improve­ment by mon­i­tor­ing, proac­tive­ly main­tain­ing equip­ment, and empow­er­ing employ­ees. Indus­try 4.0 refers to the dig­i­tal trans­for­ma­tion of indus­tri­al process­es through Indus­tri­al Inter­net of Things (IIoT) and cyber-phys­i­cal sys­tems – smart, autonomous sys­tems that use com­put­er-based algo­rithms to mon­i­tor and con­trol phys­i­cal things like machin­ery, robots, and vehi­cles. In this web­cast, we will dis­cuss and show­case use cas­es where Indus­try 4.0 meets lean man­u­fac­tur­ing – with the aim of increas­ing oper­a­tional efficiency!