World Economic Forum recognizes Schneider Electric Shanghai, China and Monterrey, Mexico factories as new Lighthouses
October 08 2024 - 6:03AM
UK Regulatory
World Economic Forum recognizes Schneider Electric Shanghai, China
and Monterrey, Mexico factories as new Lighthouses
Monterrey 1 new Advanced Lighthouse and Shanghai new
End-to-End Value Chain Lighthouse, the company now has seven
factories that have achieved Lighthouse statusThese are leading
examples of how Fourth Industrial Revolution technologies can be
leveraged for better sustainability and operational
results
Rueil-Malmaison, France, Oct. 08, 2024 (GLOBE NEWSWIRE) --
Schneider Electric, the leader in the digital transformation of
energy management and automation, today announced the World
Economic Forum has recognized two of its factories as new
Lighthouses. Monterrey 1, Mexico has been designated as a new
Advanced Lighthouse, while Shanghai has been recognized as a new
End-to-End Lighthouse.
These are the sixth and seventh factories to join the Forum’s
Global Lighthouse Network for Schneider Electric with the company’s
factories in Wuxi, China, Batam, Indonesia, Le Vaudreuil, France,
Lexington, Kentucky, and Hyderabad, India achieving Lighthouse
status in prior years. Le Vaudreuil, Lexington, and Hyderabad are
also three of 17 global Sustainability Lighthouses, recognized for
their technology-enabled improvements on their environmental
footprints.
The Forum’s Global Lighthouse Network is a collaborative
platform bringing together forward-thinking industrial
organizations leading the charge in adopting Fourth Industrial
Revolution technologies. Co-founded with McKinsey & Company in
2018, the Network now showcases 172 leading examples of factories
leveraging technology innovations like artificial intelligence,
3D-printing, and big data analytics, to drive efficiency,
competitiveness, and transformative business models at scale.
Schneider Electric’s Shanghai factory produces critical
electrical system devices such as contactors, overload relays, and
motor circuit breakers. With demand from new energy markets, the
plant’s global orders surged and SKUs increased fourfold over four
years. To respond to the growing demand, the factory team increased
automation across production by 20% and integrated advanced
technologies including machine learning-enabled prototyping, smart
planning and scheduling, and GenAI-driven maintenance. This led to
a 67% reduction in make-to-order lead time and an 82% boost in
labor productivity.
Facing growing demand for higher-complexity products, the
Monterrey 1 factory deployed digital technologies to enhance supply
chain resilience and agility. Autonomous robots and drone
technology made material handling more efficient and building and
energy management systems contributed to approximately 30%
reduction in energy and water consumption. By leveraging 4IR
technologies including machine learning for demand forecasting and
deep learning during inspections for improved quality outcomes, the
plant has sustained an annual growth rate of 24% while lowering
manufacturing costs by 16%, product defects by 20%, and customer
lead time by 49% over three years.
“Our Shanghai and Monterrey 1 sites showcase the value of 4IR
technologies,” said Mourad Tamoud, Schneider Electric’s
Chief Supply Chain Officer. “It’s important that we, as an
industry, continue to invest in these digital technologies – and
the people that use them - at greater scale to bolster operational
strengths and mitigate risks.”
“Lighthouses are breaking through the AI hype, and raising the
bar for digital transformation,” said Kiva Allgood, The
World Economic Forum’s Head for the Centre for Advanced
Manufacturing and Supply Chains. “These sites are
integrating advanced technologies into their operations, not just
to enhance productivity, but to create a sustainable and inclusive
future for their workforce and the broader community.”
Impact Supply Chain Program
The two factories are reflective of the company’s Impact Supply
Chain program. This is the next evolution of the company’s
supply chain transformation, which aims to make a positive impact
on both customers and the planet. Its key pillars are:
- People – Schneider’s people are empowered to innovate and make
a positive impact for customers every day.
- Planet – Schneider Electric is building a sustainable,
responsible, and net-zero ready supply chain.
- Customers – Schneider Electric’s reliable supply chain delivers
industry-leading quality.
- Performance – Schneider Electric drives performance through
advanced technology, smart and unified processes, regional
ecosystems, and collaborative design.
Schneider Electric Media Relations –
global.pr@se.com
- World Economic Forum recognizes Schneider Electrics Shanghai
and Monterrey factories as Lighthouses.pdf
- SSIC factory.jpg
- Monterrey 1.JPG
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