In today’s digital era, accelerators such as technology and sustainability have necessitated the transformation of the manufacturing industry, to become adaptive, connected and cognizant of its own functioning. This paper provides a framework for analyzing the system design and organizational management considerations that need to be followed in adopting the digital factory idea with a specific focus on resource efficiency. One of the priorities of this paper is to develop a model to optimize the energy consumption on the production line of a discrete printed circuit board (PCB) manufacturing company in Canada. Energy efficiency in the manufacturing domain must be seen in a more holistic form, where resource optimizations are supported by Information and Communication Technologies (ICT) based infrastructure. This provides means to better understand how energy is being utilized in the factory floor and what could be done to reduce its usage and cost to the company. Going beyond energy consumption optimization this paper draws a parallel between the data obtained from the model and the various levels of organizational management, to dynamically adapt the digital factory concept to business plans or goals thereby aiding manufacturing companies in thinking strategically and making informed decisions.