Slide 1
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?GamificationRoboticsSmart MachinesCognitive Computing
Top Supply Chain Disruptive InnovationsSource: Inbound
Logistics
Rapid PrototypingLight Weight MaterialsNew Form FunctionHigh
Strength to Weight RationStrategic OutsourcingFaster new product
TTMOptimized LogisticsVirtually Connected SCDigital Democratization
of Supply ChainReal Time TrackingOptimized PricingPredictive
MaintenanceFocus on Customer/MarketProduct CustomizationInventory
OptimizationImproved Capital RatiosTrends in Smart Manufacturing
& Supply Chain
Source: CIO Magazine
3
Nexus of forces connectedDeep Integration and
CollaborationPrescriptive Analytics, Alerting, and AutonomyControl
TowersVisibility DemocratizationSmart MachinesOmni-Channel
FulfillmentShelf-connected demand- driven supply chainCulture of
immediacyIndustry 4.0 Emerging Digital Business ModelsPressures
forcing change:123How 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 MachinesIf 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 billion50% of
the fastest-growing companies will have fewer employees than
instances of smart machines
3 Year Horizon
Virtual/Augmented RealityDrones
7
3D Printing
Driverless Vehicles
8
Take-AwaysThe Future is DigitalEmerging Technologies will
disrupt your supply chainComplex 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:BorrowingBest
possible thinkingStarting overDoublingTrading Places
Final thought on innovation
If you do not have a crystal ball that works, youd better have a
set of brass ones!
