The 2017 MHI Annual Industry Report reflects the views of 1,100 manufacturing and supply chain industry leaders on DIGITAL, ON-DEMAND AND ALWAYS-ON
As markets demand not only efficiency but agility and flexibility from supply chains, next-generation models are successfully combining automation and digital technologies to drive superior performance. While this digital ecosystem is creating cost savings, innovation and win-win opportunities along supply chains, it is also accelerating the pace of change, creating disruption and raising competitive pressures.
This report provides updates on the nine innovative technologies MHI predict will have the most potential to transform supply chains into next-generation models. It also provides information on barriers to adoption, top supply chain challenges, strategies for leaders and real-world case studies. These technologies are working together to create nextgeneration supply chains that are digital, on-demand and always-on. They will soon become the new supply chain reality. A full 80% of survey respondents believe the digital supply chain will be the predominant model within 5 years. The eight technologies are:
• Inventory and network optimization tools Sensors and automatic identification • Cloud computing and storage • Robotics and automation • Predictive analytics • Wearable and mobile technology • Autonomous vehicles and drones • 3D printing
The 2017 MHI Annual Industry Report, developed for the fourth year in collaboration with Deloitte Consulting, reflects the views of 1,100 manufacturing and supply chain industry leaders on this important topic. Survey participants represented a wide range of industries, with the majority (50%) holding executive positions such as CEO, Vice President, General Manager or Department Head. Participating companies ranged in size from small to large, with 47% reporting annual sales in excess of $100 million, and 10% reporting $10 billion or more.
2017 ANNUAL INDUSTRY REPORT
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