Two years ago we were supposed to have real hoverboards. While that isn’t the case, it’s safe to say that between the release of the film Back to the Future in 1985, and the “projected” everyday occurrence of the hoverboard, other more pertinent technologies came to be. Unimaginable technological advances such as privatized space exploration, mass 3D printing, and even the Hyperloop have quickly become a feasible reality.
As these technologies become commonplace, it’s not tough to see how they’ll end up significantly impacting the global supply chain. On one hand, we’ve got the industrial internet of things (IIoT) which allows items in the supply chain to be extremely traceable. On the other hand, we’ve got the emergence of 3D printers, which enables manufacturers to quickly produce a part they would have otherwise had to wait a week for. By coming together, they’ll transform the once linear supply chain into a network that can add value while moving the industries beyond a fixation on cost-cutting.
The report, “Global Supply Chains in 2025” Industrial Internet, Next-Gen Logistics & Space Tech,” details the specific technologies your organization will encounter, and how they will impact every player in the supply chain. For example, luminaries like Bibop Gresta, Chairman and Co-Founder of Hyperloop Transportation Technologies discuss the raw power for disruption of the Hyperloop, not just for transporting people, but for shipping and logistics.
2025 almost sounds too futuristic to comprehend. But the Hyperloop could be here as soon as 2020, and many players in transport will need to factor that into their market and competitive analysis.
Logistics operations professionals currently thrive on their ability to continually lower the bottom line, which should become even easier with industry 4.0 technology. As the World Economic Forum predicts: “The adoption of newer delivery capabilities such as drones, autonomous trucks, and shared warehouses means that many existing logistics jobs will be put at risk.”
Disruption doesn’t favor those who are unable to adapt. Stay ahead of the pack and download your report now!