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

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

Industrial Internet of Things (IIoT) Attributes Helping Organisations Re-imagine Supply Chains to Uncover Hidden Businesses and Growth Potential

RELEASE DATE
18-Jun-2018
REGION
Global
Research Code: MD86-01-00-00-00
SKU: IA01475-GL-MR_22030

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$3,712.50 save 25 %

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Description

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?

RESEARCH: INFOGRAPHIC

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Table of Contents

Key Findings

Key Questions this Study will Answer

IIoT—Emerging Themes in the Industrial Environment

IIoT—Key Attributes of a Smart Factory

Frost & Sullivan’s Value Proposition in IIoT

Frost & Sullivan’s Value Proposition in IIoT (continued)

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

Key Questions this Section will Answer

Disruptive Forces Shaping the Future of the Supply Chain

Big Data Analytics—Decision Support System

Robotics—Reign to Continue

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

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

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

Digital Supply Chain—A Look into the Future

The Last Word

Legal Disclaimer

List of Exhibits

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
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.--BEGIN PROMO--

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 m

More Information
No Index No
Podcast No
Author Sharmila Annaswamy
Industries Industrial Automation
WIP Number MD86-01-00-00-00
Keyword 1 Digital Supply Chain
Keyword 2 Factories
Is Prebook No
GPS Codes 9ADA-A5