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SkillsFuture Festival at NUS 2019- Impact of Industry 4.0 on Manufacturing and Supply Chains
- 1. 1 1 Impact of Industry 4.0 on Manufacturing and Supply Chains Skillsfuture Festival 24th July 2019 GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 Topics Digitalization and its impacts Transformation of supply chains An integrated approach to technology 2GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019
- 2. 2 Rise of digitalization 3 Source: Mckinsey Global Institute, June 2011 GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 How does digitalization change our products and services? GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 4
- 3. 3 Encyclopedia Britannica GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 5 Source: New York Times Number of hardcopies of Encyclopedia Britannica in print GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 6 Source: Kleiner Perkins Caufield & Byers, 2012
- 4. 4 Newspaper industry GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 7 Source: Economist Dec 2012 E-commerce -- Traditional retail closes.. GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 Source: CNN 2017 Jan 05, 2017 Source: CNN, Apr 23, 2018 8
- 5. 5 Industry 4.0 builds on previous technology foundations 9GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 Source: Harvard Business Review Nov 2017 Topics Digitalization and its impacts Transformation of supply chains An integrated approach to technology 10GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019
- 6. 6 GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 11 Raw material suppliers Manufacturing Distribution centers Retail stores A Typical Supply Chain Process view of supply chain (SCOR model) GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 12 Plan Source Make Deliver Return
- 7. 7 Self-driving trucks GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 13 Source: Wired, 10.25.16 Video: https://www.youtube.com/wa tch?v=sIlCR4eG8_o Technology changes global supply chain structures GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 14 Source: Atlanta Business Chronicle, Aug 10, 2016 Source: Reuters, April 7, 2017
- 8. 8 Management and shareholders fear disruption from new players GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 15 Source: Bloomberg Jun 2017 Source: CNBC Aug 2017 Topics Digitalization and its impacts Transformation of supply chains An integrated approach to technology 16GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019
- 9. 9 20 years later, e-commerce order fulfillment is still a problem! GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 Source: The Wall Street Journal, Oct 9, 2015 Source: The Wall Street Journal, Nov 4, 2015 17 Platform economies will need operations management GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 18 Source: Channel NewsAsia Jan 2019
- 10. 10 New retail integrating technology and operations GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019 19 Source: CNBC Aug 2016 Video: https://www.youtube.com/watch ?v=hP3yfGHTXFo NUS MSc Industry 4.0 -- An interdisciplinary graduate programme Specially-tailored curriculum taps on expertise of NUS Schools with focus on respective areas of Industry 4.0 20 http://scale.nus.edu.sg/programmes/gradprogrammes/MSc-Industry-4_0.html
- 11. 11 21 Thank You Goh Puay Guan GOH PUAY GUAN / SKILLSFUTURE FESTIVAL 2019