Industrial Revolution 4

Industry 4.0 – Will Change Companies from the Inside

Industry 4.0 – Technology creates new opportunities and change the existing state. Only one thing we know for certain, the only constant we can count on is the change. Technology changes future occupations and make many of current ones will be obsolete. In parallel it also changes the relations inside companies, ways of recruiting, but also a way to manage and evaluate employees. Very soon we will feel the effect of processing Big Data, AI, Machine Learning, Virtual Reality, IoT, Biotechnology, 3D printing, Automation, Autonomous Transport or the different usage of Robots.

If You Don’t Explore, You Won’t Invent And You Will Be Disrupted

If You Don’t Explore, You Won’t Invent And You Will Be Disrupted

The truth is that innovation needs exploration and that’s never efficient nor can it be optimized, but it can be done cheaply enough to be sustainable. Today we need to manage not for stability, but for disruption. So instead of just planning against established metrics, we also need to continually ask what we’re doing to explore the unknown. Not all who wander are lost.

10 Supply Chain Improvement Effective Tools

10 Supply Chain Improvement Effective Tools

Intensive competition, fast technological change, and shortened product life cycles are just a few of the recurring challenges faced by many firms in today’s competitive markets. In last decade many western manufacturing firms have increased outsourcing of component parts and services to independent, external suppliers, while focusing on core capabilities to face these challenges. Such firms may then become reliant on a supply chain performance consisting of suppliers of varying levels of performance to provide competitive services or products. Therefore, their suppliers’ performance is increasingly critical to the long-term success for firms supply chain.

Globalization 4.0 – what it means and how it could benefit us all

Globalization 4.0 – what it means and how it could benefit us all

Globalization 4.0 has only just begun, but we are already vastly underprepared for it. Clinging to an outdated mindset and tinkering with our existing processes and institutions will not do. Rather, we need to redesign them from the ground up, so that we can capitalize on the new opportunities that await us, while avoiding the kind of disruptions that we are witnessing today.