The Internet of Things and the Supply Chain: So What?

Transcription

1 The Internet of Things and the Supply Chain: So What? Presented by: Speaker Name Speaker Name 2016 MHI Copyright claimed for audiovisual works and sound recordings of seminar sessions. All rights reserved.

2 IoT Background Source: Cisco 2

3 Early in the Industrial IoT Journey Source: World Economic Forum; Accenture 3

4 4

5 IoT Fundamentals Stack Level 5 Big Data Analytics Servers with cloud connectivity gather data for advanced applications, e.g. data analytics, visualization, machine learning Level 4 Cloud Infrastructure Allows data to be accessed, aggregated, stored, monitored, and actuated anywhere in the world Level 3 Local System / Connected Edge Connect to a gateway, controller or server. Connectivity is mostly local in a closed loop system, could have cloud connectivity Level 2 Edge Device / Smarter Connected Sensor Includes a sensor, some local processing, data storage, power management, connectivity, security and user interface Level 1 Sensor / Smart Sensor Sensor and actuator with no or small amount of local processing and data storage

6 Supply chain investments in IoT Hardware Smart, Connected Edge devices and Systems across businesses Cloud Common asset to be leveraged across business and applications Integrated IoT Solutions Interoperability, Security, Reliability Software Embedded, Connectivity, Mobile, Security, Infrastructure Analytics Developing insights for incremental value creation. Monetization 6

7 Industrial IOT Transformation Value Drivers: - Safety - Productivity - Availability - Energy efficiency - Sustainability - Asset optimization Value Drivers: - Connectivity - Visibility - Frictionless transactions - Speed & agility of connecting supply to demand - Frictionless workflow - Autonomous operations Superior Value and Performance

8 Market Insights and Benchmark Data 8

9 Survey Findings: Supply Chain Challenges Reduce expenses Improve productivity levels Improve inventory management and levels Streamline processes Better Systems integration Safety reduce accidents Efficient Labor management Reduce damages or product spoilage Increase Visibility Embrace and implement new technologies Attain compliance Help with Sustainability corporate citizenship 9

10 Findings: IoT in Supply Chain Percentage of 2015 IOT Spend by Core IOT Business Area TCS conducted survey of 3,764 executives 10

11 IoT Adoption How familiar are you with the term Internet of Things (IoT)? 36.2% 17.9% 17.9% 28.1% Very familiar In what area do you need more information? Somewhat familiar Not really sure what it is Not familiar with the term Applications, Software, Hardware, Implementation, Communication technologies, Security, Data collection & Management, Analytics, Technology, Perceived benefits Basically - Everything Do you believe IoT is or will be relevant to your operations? 48.1% 51.9% What challenges/issues are considered when evaluating IoT solutions for implementation? ROI, System Integration, Management buy-in, Security issues, Technology obsolescence, connectivity, End-user education, Achieving greater efficiency, Deploying solutions in cloud, etc. Basically - Everything Yes No 11

12 Big Data & IoT: Strategic Investments 12

13 Key Industry Benchmark Data 13

14 Examples of Supply Chain IoT Use Cases 14

15 Cold Chain/Custody transfer Enable logistic providers ability to track and monitor conditions of refrigerated shipping containers reducing food spoilage and transport liability costs Download data and visualize on same dashboard as inventory transfer 15

16 Omni-channel Retail Supply Chain Impact Worker productivity increase by > 20% Reduce out-ofstocks by 25% Up to 1% increase in store sales 16

17 Connected Worker SAFETY Monitor air through Connected SCBA PRODUCTIVITY Cloud-Based Insight Management Watch for alarms from Gas Detector Hands-free Voice Solution Primary alarm from BioHarness Monitor vital signs through BioHarness Rugged & reliable Mobile Computer Wireless Mobile Printing 17

18 Asset Management Vehicle Mount Computers Support task management aligned with the warehouse management system Handheld & Hands-Free Scanners Quickly manage and process asset data with ease, getting information out to the field Voice Technology Generate up to 10-25% productivity improvements by transforming loading/unloading processes with voicebased devices Mobile Computers O/S versatility, large multi-touch displays, superior scanning and battery life offer more ways to send and receive information Enhanced Asset/Driver Productivity Orchestrate the most efficient movement of trucks, drivers & loads between pickup & delivery sites. Improved Asset utilization, Intelligent stock allocation combined with direct instructions to workers improve productivity Satellite Tracking Delivers satellite-based products and services for tracking, monitoring and protecting assets 18

19 For More Information: Speaker Website: Or visit MODEX 2016 Booth 4935