World Economic Forum identifies Danfoss as one of the world’s most advanced smart factories

Making the list, the Forum has selected from a group of more than 1,000 factories.

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Danfoss in Wuqing, China, has made it onto the World Economic Forum’s list of 16 of the world’s smartest factories.

The Forum identifies a smart factory as one which is not only good at adopting smart technologies, but also at turning the investment into operational and financial benefits.

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In Danfoss’ compressor factory in Wuqing, China, automatically-guided vehicles drive up and down the aisles and supply workers with components. The same workers use intelligent Bluetooth connected tools that automatically tell if an assembly process is incorrectly performed. They also have access to step-by-step electronic work descriptions – no matter where in the factory they work on a given day.

Compared to two years ago, employee productivity has gone up by 30%, scrap costs down by 20% percent, and customer complaints by 57. 

Making the list, the Forum has selected from a group of more than 1,000 factories.

Senior Director of Operations Ruixing Zhang, Danfoss in Wuqing, said: “Representatives from the World Economic Forum recently audited our site during a full day. We are very proud of the result – that we made it onto this final shortlist. It’s a clear testament to the fact that our digitalization effort has also paid off in terms of productivity, quality improvements, and customer satisfaction. We will continue adding new technology, so we constantly improve in these areas.” 

The World Economic Forum published the list of the 16 smart factories on January 10 up to its 2019 Annual Meeting in Davos, Switzerland. The current list is an update of a previous list published in September last year containing an initial nine companies.

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