Supply Chain 4.0! Disruptive Technologies = Digital Supply Chain! (Infographic)

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Supply Chain 4.0 is the manifestation of the Digital Supply Chain of the future as enabled by many of the Disruptive Technologies that we all hear about every day.

Everyone is impacted by the advancement of technology in both their personal and professional lives.  And that impact will only become more profound as time goes on.

The Internet of Things (IoT), Artificial Intelligence (AI), Virtual Reality (VR), Cloud Computing, Blockchain, Robotics, Big Data, Advanced Analytics and more are terms represent the technological breakthroughs that are being made every day.

For those involved in Supply Chain there are deep impacts that are occurring, and that will continue enabled by the evolutionary and revolutionary change that is enabled by technology.

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You are Connected Everywhere! Why aren’t you Connecting your Supply Chain?

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Have you ever tried to drive in a blinding snowstorm or when the rain or fog is so thick that you can’t see in front of your car?  It’s not possible!  And it’s risky to even try!

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives?

In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.  If you carry a Smartphone you can be tracked anywhere.  So why don’t you apply this technology to your Supply Chain?

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IoT and Manufacturing (Infographic)

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The Internet of Things (IoT) enables the end to end connectivity of all aspects of our lives in an unprecedented manner.

In the arena of Manufacturing there has always been a reliance on processes, data, sensors, controls, analysis and metrics to allow for monitoring, management and optimization of those Manufacturing processes.  And the ability to leverage historic approaches has varied from company to company and industry to industry.

But now with the advent of IoT, Big Data, Artificial Intelligence (AI) and Industry 4.0 the ability to optimize Manufacturing processes through this incredible digital connectivity is about to take a quantum leap forward.

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Industry 4.0 Ecosystem (Infographic)

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Infographic provided by Gary Faraci.

 

Industry 4.0 involves leveraging the latest technologies, digital capabilities, the unprecedented dissemination of IoT (the Internet of Things) and the incredible ability to tap into data anywhere and everywhere in the Supply Chain.

The level of digital connectivity across the entire End-to-End Supply Chain, from customers through to manufacturers, distributors, logistics companies, and suppliers of all kinds enables this forward leap to an Industry 4.0 world.

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Industry 4.0 – Smart Manufacturing of the Future! (Infographic)

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Guest Blog post provided by Rob Memery at http://www.2flow.ie/logistics.html

Since the term Industry 4.0 was first coined by the German government in 2011 it has steadily gathered pace and interest from companies across all industries.  This infographic from 2Flow takes you through how much it has grown and how much it is expected to grow in the years to come.

Industry 4.0 is a far cry from what has come before it and data analytics is at the heart of it.  In all supply chains, companies are always looking for ways to make it more efficient and digitization is more often than not the answer – which makes Industry 4.0 the answer.

So what can Industry 4.0 accomplish? It is all about connection and it can connect all areas of your business to improve their efficiency. Use real time data to satisfy customer demands, see weaknesses that exist in equipment with data from thousands of sensors and data points, ensure timely replacement of parts and avoid production downtime. This is just some of what Industry 4.0 can accomplish.

Like with anything, there are many challenges to successfully implementing all that Industry 4.0 has to offer. The challenges are vast but a lack of digital culture and training is holding back 50% of companies from incorporating Industry 4.0 technologies. Just because a company is presented with evidences how Industry 4.0 can improve them, it doesn’t mean they’re going to make the change overnight.

This is why it’s so important to map out your strategy over the next five years to at least achieve some progress. Have a look at your company and get some clarity on your own digital maturity and set clear goals.

Even if you’re ready, don’t jump in too early as Industry 4.0 projects are of course expensive. A pilot project might be a good idea and if it’s successful it will make it easier to secure the funding required for a larger rollout. Find out more about all things industry 4.0 in the infographic.

 

 

Check out Industry 4.0 Ecosystem (Infographic)

#Industry40 #IoT #Technology

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Collaborative Robots: Making Manufacturing Jobs More Valuable

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Collaborative Robots, Making Manufacturing Jobs More Valuable:
People using robots to improve productivity, safety, consistency, and learning

By Tony Giovaniello, President, Economic Development Corporation (EDC) of Shasta County

 

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