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Future of supply chain using 5G, IoT and Blockchain by Murali Venkatesh

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Murali Venkatesh from Oracle presenting at Hannover Messe event about Future of supply chain using 5G, IoT and Blockchain

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Future of supply chain using 5G, IoT and Blockchain by Murali Venkatesh

  1. 1. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | Future of Supply Chain using 5G, IoT and Blockchain Murali Venkatesh Director Oracle Emerging Technologies
  2. 2. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Safe Harbor Statement The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
  3. 3. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. $1.7TDigital Transformation Spending will reach $1.7 trillion worldwide, a 42% increase from 2017 Industry leaders will be disrupted if they don’t embrace change 33% Sources: Gartner CSCO Survey (2017), IDC Survey (2017)
  4. 4. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Supply Chain industry challenges Compliance Cost TrustCounterfeits Transparency T Customers are concern if the product they get is authentic. C The contracts in a supply chain process can be complicated due to change of ownership, bills of lading, complicated payment terms, pro- for-mas and letters of credit.. T Currently every supplier maintains their own systems, it becomes difficult to perform predictive monitoring and find what was done at different stages of the production. C The counterfeited products hardly meet the industrial quality standards and there is no validation of the country of origin. C Since supply chain management involves various stakeholders like regulators and lawyers, it adds high costs to the entire management system. Supply Chain
  5. 5. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Today’s Supply Chains are Mature, But... Single organization, and maybe 1-level of trading partners Lack of visibility and trust in Multi-tier supply chain Root cause analysis within enterprise Lack of ability to root cause analysis with non-reputable automation eliminating disputes Genealogy, Pedigree through serialization Enable precise targeted recalls, assure authenticity and chain of custody for source-to- consumer use cases Tracking, Tracing and regulatory paperwork Automated, consensus-driven transaction records pre-checked with smart-contracts with track and trace Multi-tier Visibility Root Cause Analysis Genealogy, Chain of Custody Track and Trace, Compliance
  6. 6. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. 5G, IoT and Blockchain Integrated Benefits for Supply Chain 6
  7. 7. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Key Emerging Technologies for Supply Chain 5G refers to the next generation of wireless technology that will replace today’s 4G Blockchain is the key technology in the digital supply chain The IoT has the potential to impact everything from new product opportunities, to shop floor optimization, to factory worker efficiency gains that will power top- line and bottom-line gains
  8. 8. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. 5G Benefits for Supply Chain • > 1 gbps bandwidth compare to 200 mbps • Reducing Energy consumption • Handling large volumes of data for ML • Better quality of contents, speed of streaming/download and latency (XR) • Real-time communication between machines (Autonomous vehicle) • Wearable devices with AI • Better Radio network security Real-time insights Boost efficiency Deeper Coverage World Wide Wireless Web
  9. 9. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. IoT Benefits for Supply Chain • Boost efficiency between warehouses and distributors • Warehouses upgrading to robot workers • Tracking deliveries possible in real time • Deeper coverage in traditionally low- connectivity • Just-in-time deliveries Better Maintenance Practices Accurate Asset Tracking Improved Inventory Practices Leverage Robot Workers
  10. 10. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Blockchain Benefits for Supply Chain • Supplier performance management • Tampering and counterfeiting attempts • Automated bill of lading and customs • Change of custody and ownership • Product journey and lifecycle • Global trade compliance • Point-of-origin • Trade finance Transparency and Visibility Faster Root-Cause Analysis Simpler Efficient Processes Better Decision Making
  11. 11. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Integrated Supply Chain Counterfeits Prevention Real time IT and OT Connected device specific information Increase Transparency Industry Compliance Increase Trust Reduce Cost Accuracy Tracking 5G Supply Chain Blockchain IoT Future Supply Chain (Integrated IT and OT)  Business KPIs  Anomaly detection  Predictions  Prescriptive actions  Real Time Forecasts  Increase Trust among partners  Integrate insights with SCM apps: • Manufacturing • Maintenance • Planning • Quality
  12. 12. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Future of Supply Chain : Key Takeaways • Millions of IoT devices generate petabytes of data every day during entire supply chain process. Based on this petabytes of data people and machines make real time decisions. • Blockchain will receive data only from whitelisted IoT devices during transportation • 5G devices are able to transfer high volumes of wireless data from all IoT devices and also from non-GSM IoT devices
  13. 13. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Digital Thread for Supply Chain Real-time Production Visibility Product Design (PLM) Maintenance Procurement Logistics Manufacturing Predictive Maintenance Augmented Reality view of the factory Digital Twin Quality Inspections PLM Planning Order Management Procurement Manufacturing Quality Internet of Things Maintenance Inventory Logistics Blockchain
  14. 14. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Transform Your Business with Oracle Cloud Applications Supply Chain Finance / ERP Data Workforce Customers Emerging technologies are transforming business processes of today and creating a new tomorrow Transform your Business Ready Today For your Tomorrow Blockchain Machine Learning & AI Digital Thread IoT Devices Cloud Apps
  15. 15. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. Oracle SCM Cloud Omni-Channel Supply Chain Real-Time Multi-Dimensional Supply Chain Balances as Single Source of Truth Demand Supply Inventory Costs Orders Contract Manufacturing Quality Bidirectional Simulation
  16. 16. Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | Cost Agility Innovation Speed Risk Transforming Supply Chain Operations

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