Supply Chain Innovation - Kenco
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Transcript of Supply Chain Innovation - Kenco
Innovation is the implementation of ideas in order to create new business value.
Idea Something new to the company – not currently done or made, including new ways of working
Implemen-tation
How the idea is carried out – doing something productive with the idea
Value Achieving a positive business outcome through problem resolution or opportunity creation.
Internet of Things – 42%
Driverless Vehicles – 41%
Embedded Sensors – 23%
Artificial Intelligence – 21%
Drones – 25% 3D Printing – 24%
Wearable Technology – 20% Virtual Reality – 7%
RFID – 24%
Others?Gamification
RoboticsSmart Machines
Cognitive Computing
Top Supply Chain Disruptive Innovations
Source: Inbound Logistics
• Rapid Prototyping• Light Weight
Materials• New Form Function• High Strength to
Weight Ration
• Strategic Outsourcing• Faster new product
TTM• Optimized Logistics• Virtually Connected
SC
• Digital Democratization of Supply Chain
• Real Time Tracking• Optimized Pricing• Predictive Maintenance
• Focus on Customer/Market
• Product Customization• Inventory Optimization• Improved Capital Ratios
Trends in Smart Manufacturing & Supply Chain
3D Printing
Cloud, IOT
Analytics
Distributed
Manu-facturing
Demand Driven Supply Chain
Source: CIO Magazine
Nexus of forces connected
Deep Integration and Collaboration
Prescriptive Analytics, Alerting, and Autonomy
Control Towers
Visibility Democratization
Smart Machines
Omni-Channel Fulfillment
Shelf-connected demand- driven supply chain
Culture of immediacy
Industry 4.0 – Emerging Digital Business Models
Pressures forcing change:
1
2
3
How top supply chains are responding:
Result: Reduced risk, improved operating costs, and improved customer service.
The Internet of Things (IoT) and Smart Sensors
ROBOTICS, ARTIFICIAL INTELLIGENCE & SMART MACHINES
» If you found out your boss was a robot, would you obey its directives?
» More than 3 million workers globally will be supervised by a "roboboss"
Smart machine technology revenues will surpass
$10 billion
50% of the fastest-growing companies will have fewer
employees than instances of smart machines
3 Year Horizon
Virtual/Augmented Reality
Drones
• Warehouse Management
• Order Picking• Equipment Repair• Quality Check
• Yard Management• Security/
Surveillance • Shipping• Traffic Monitoring
3D Printing
Driverless Vehicles• On-Campus Delivery• Transportation in a DC• Increased Productivity
• Print to Ship• Printing Repair Parts• Prototype Faster
TAKE-AWAYS
» The Future is Digital» Emerging Technologies will disrupt your supply
chain» Complex supply chain problems require creativity
and innovation
» So what are you going to do about it?› What are my big hairy audacious problems?› Creative Innovative Solutions:
• Borrowing• Best possible thinking• Starting over• Doubling• Trading Places