The critical aspects of emerging virtual factory profile in Japan: IT innovation in a project management context

A new type of ‘high performing companies’ has emerged in Japan producing a turning phase from analog to digital manufacturing. Though the definition of ‘virtual factory’ is neither matured nor persuasive in the revolutionizing manufacturing industry, more strategic interests are focused on this viable concept. Most of their initiatives are concentrated on the conceptualization phase of the virtual factory, but the latest experiments using web technology enlighten entrepreneurs to change their management strategies towards its achievement. Their experiences are summarized into three points. First, ‘management by projects’ is launched to challenge the practical goals of development. Second, the manufacturing strategy focuses on the fusion of core technology and IT, to surpass its competitors. Third, technologies like web, simulator machines and applications are innovated so rapidily to achieve a virtual environment.