The traditional view of production systems relies on the organization of physical and information flows enabling customer satisfaction with products or services, following inputs from strategy, policies, rules and principles, supported by tools, systems and methods, and improved through performance management systems. Moving forward to new levels of industrialization, smart manufacturing represents systems integration and automation supported by Cyber-Physical-Systems (CPS) to enable more autonomous, agile and sustainable production processes, which can at the same time be influenced by, as well as influencing the organizational system in real time. As a new managerial topic, this research paper intends to study and systematically organize the literature related to smart manufacturing and production systems design in order to identify whether smart manufacturing can be implemented through the production systems approach and, if so, what are the requirements for implementation and integration of different management systems (e.g. quality, and environment systems).