The document discusses 5 mega trends that will transform manufacturing: 1) Manufacturing will be based on value from customer experience and feedback. 2) Companies will leverage ecosystems and collaborate across categories to create value. 3) Software will drive manufacturing and companies will embrace open innovation. 4) Human roles will change with more automation but creativity and empathy will still be in high demand. 5) Manufacturing can contribute to sustainable development goals through sustainable products and strategies.
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Mega trends in Industry Transformation.pptx
1. Five Mega Trends Industry Transformation
• Manufacturing based on the value from
experience
• Leveraging ecosystems for manufacturing
• Software-driven manufacturing
• Changes in human roles in manufacturing
• Contributing to the achievement of SDGs
through manufacturing
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2. Manufacturing based on the
value from experience
• Customer needs are rapidly
diversified, and customers are
increasingly looking for
personalized experiences.
• Manufactures are increasingly
using customer feedback so
that they can develop a better
understanding of their
customers by connecting with
them on an ongoing basis and
creating insights from the data.
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3. Leveraging ecosystems for
manufacturing
• There are three main categories of
companies within an ecosystem.
• The first category is made up of
‘platformers’.
• The second category comprises
companies that specialize in very
specific functions and roles.
• The third category comprises digital
technology companies.
• Companies in each category need to
collaborate to create value that
customers want.
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4. Software-driven manufacturing
• The value for customers has
radically shifted from hardware
products to software and digital
information.
• Manufacturers have to
embrace open innovation
approach by collaborating with
a variety of companies,
startups and research
institutions to realize the value
that customers want by using
software in a fast-changing
market.
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5. Changes in human roles in
manufacturing
• We have already seen that digital
technology and robots are increasingly
used to automate manufacturing
processes.
• This could lead to minimizing the
scope of people’s work in the entire
process.
• The unique capabilities that only
people possess, such as creativity,
imagination and empathy, will be in
high demand in the future business
environment where people and
computers will collaborate more
extensively.
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6. Contributing to the achievement of
SDGs through manufacturing
• Manufacturers need to
respond to the growing
demands of their various
stakeholders for sustainable
products and services that
take social and environmental
aspects into account.
• Manufacturers need to
formulate strategy to support
the SDGs by exploiting their
manufacturing excellence.
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