Global Digital Supply Chain - The Growth Engine of Future Factories, 2017

  • ID: 4583886
  • Report
  • Region: Global
  • 56 Pages
  • Frost & Sullivan
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Industrial Internet of Things (IIoT) Attributes Helping Organisations Re-imagine Supply Chains to Uncover Hidden Businesses and Growth Potential

Industrial Internet of Things (IIoT) has transitioned from being a buzzword to closer to reality, as organizations are stepping into the implementation phase. The progressive improvement in computer prowess, backed by advancements in sensor technology, has led to an era of convergence, creating innumerable data points and allowing technology to make sense of it. Businesses are racing to convert raw machine and process data into actionable and useful insights in real time. This era of convergence, which would help human beings attain new levels of efficiency with readily available actionable information, is made possible by the various functional elements such as communication hardware, cloud storage, analytic tools, visualization, user interface (UI) development tools, and many more that constitute the concept of IIoT.

Research Highlights:

Supply chains are the nervous system of any organization, operating round-the-clock to ensure a thriving business amidst cut-throat competition. IIoT enables organizations to gain a competitive edge by fine-tuning the supply chain. It provides users with the flexibility and the tools needed to develop application-centric functions unique to each industry.

This research service individually analyses the impact of IIoT concept such as robotics, Big Data, predictive analytics, blockchain technology, augmented and virtual reality, and 3D printing on supply chain elements, beginning from raw material sourcing to retailing. By assessing the impact of IIoT on differing supply chain structures found in process, discrete, and hybrid industries, the study provides an understanding of the market from multiple business facets. It breaks down the central framework of a digital supply chain and its operations, connecting factory operations to the business end of the organization. It also highlights the prevalent innovation hubs and start-ups around the world that are budding in various areas of manufacturing supply chain digitization.

The evolution of supply chain is also captured by analyzing technology advancements and the shift in strategies that have driven the need for a digital supply chain. Though the global market is increasingly witnessing a trend of start-up acquisitions and corporate collaborations, there is no single provider capable of providing an end-to end IoT solution for all supply chain needs. When utilized to its full potential, IIoT can tremendously improve in-house logistics, supply chain responsiveness, employee engagement, and customer satisfaction. With ground-breaking innovation in sensors and remote connectivity technology, aided by simultaneous advancements in software, the extended factory environment is set to witness a massive transformation.

Key technology and business use cases that are influencing the evolution of digital supply chains have also been discussed. The study also covers the major business trends and technological drivers and their impacts on the supply chain structure for the study period.

Key Issues Addressed:

  • How has manufacturing supply chain evolved over the years? What is a digital supply chain?
  • What is the need for a digital supply chain? What are its potential benefits?
  • What are the important IIoT technologies that are going to be the drivers of the boom? What is the scale of their effects on various supply chain elements?
  • Which are the innovative movers and shakers in this industry and how are global organizations digitizing their supply chains?
  • What are the potential growth opportunities for digital supply chain vendors? What are the critical success factors?
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1. Executive Summary

  • Key Findings
  • Key Questions this Study will Answer

2. Industrial Internet of Things

  • IIoT-Emerging Themes in the Industrial Environment
  • IIoT-Key Attributes of a Smart Factory
  • The Publisher's Value Proposition in IIoT

3. Digital Supply Chain-An Outline

  • Key Questions this Section will Answer
  • Evolution of the Supply Chain
  • Digital Supply Chain-Outline
  • Digital Supply Chain-Prerequisites
  • Benefits of Digitally Transformed Supply Chain

4. Deep-dive into IIoT for Supply Chain

  • Key Questions this Section will Answer
  • Disruptive Forces Shaping the Future of the Supply Chain
  • Big Data Analytics-Decision Support System
  • Blockchain-Governance at the Supply Chain Edge
  • Cognitive Computing-The Thinking Supply Chain
  • Augmented and Virtual Reality-Immersive Supply Chains
  • Additive Technology-Placing Customers in Charge

5. Interesting Use Cases and Upcoming Start-ups

  • Improving Fleet Safety in Supply Chain
  • Real-time Fleet Monitoring for Maersk
  • Cold Chain Monitoring in Food Retail
  • Spare Parts Look-up in Aircraft Manufacturing
  • Movers and Shakers-Eximchain
  • Movers and Shakers-Seegrid

6. Growth Opportunities and Call to Action

  • Key Questions this Section will Answer
  • Transformation in the Digital Supply Chain
  • Growth Opportunity 1-Globally Local Manufacturing
  • Growth Opportunity 2-Asset Insurance
  • Growth Opportunity 3-Virtual Product Assessment
  • Big Bets of the Future-Key Growth Prospects
  • Strategic Imperatives for Digital Supply Chain

7. The Last Word

  • Digital Supply Chain-A Look into the Future
  • The Last Word
  • Legal Disclaimer

8. Appendix

  • List of Exhibits
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  • GE
  • IBM
  • Microsoft
  • Siemens
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