MHI Solutions - Volume 4, Issue 3 - 35


consulting, life sciences, healthcare,
transportation, warehousing, material
handling, supply chain equipment and
related services.
The report's key findings were
unveiled in Atlanta during the April 6
keynote at MODEX 2016. MHI's CEO
George Prest previewed the results
with Scott Sopher, Principal and the
global supply chain service line leader
at Deloitte.
This year's installment took a close
look at eight technologies that are making always-on supply chains possible:
*	 Predictive	analytics
*	 Robotics	and	automation
*	 Sensors	and	automatic	identification
*	 Wearable	and	mobile	technology

*	 Driverless	vehicles	and	drones
*	 Inventory	and	network	optimization	
tools
*	 Cloud	computing	and	storage
*	 3D	printing
Survey participants were asked
whether they considered each to be
either a source of competitive advantage,
or a source of supply chain disruption,
within the next decade. The answer was
a resounding yes, says Sopher.
"It was very telling that such a high
percentage-83%-of respondents
believe that at least one of these eight
technologies could either be a source
of competitive advantage or a source of
disruption for supply chains in the next
10 years," he notes. "But what truly surprised me was the jump from last year's
75% who felt the same. It's been trending
upwards, but that was a significant leap."
Year-over-year, added Sopher, all
eight technologies have also trended
up consistently in their current and
projected adoption rates (Figure One).
However, four in particular stood out
as the ones companies are prioritizing
for adoption: robotics and automation
(51%); inventory and network optimization tools (48%); sensors and automatic
identification (47%); and predictive
analytics (44%).

Not surprising to Sopher, the top
challenges faced by today's supply chains
include: hiring and retaining a skilled
workforce (58%); customer demand
for faster response times (57%); and
customer demand for lower delivered
costs (56%). However, there is a wealth of
opportunity in the technologies themselves to address those top three challenges, he observes.
"Leveraging these technologies gives
companies an opportunity to boost productivity and service level performance
to their customers," he says.
"The report shows that the always-on
supply chain has the potential to deliver
massive economic and environmental
www.mhi.org

*

MHI SolutIonS

35


http://www.mhi.org

Table of Contents for the Digital Edition of MHI Solutions - Volume 4, Issue 3

CEO Update
Intelligent Robots Offer a Competitive Edge
3D Printing Will Disrupt Manufacturing as Adoption Rates Rise
Predictive Analytics
Sensors and the Industrial Internet of Things
Industry Focus: Consumer Electronics
Industry Report Released
2016 MHI Innovation Awards
The New Face of the Supply Chain?
2016 MHI Annual Conference Preview
Regional Supply Chain Education and Workforce Summits Raise Awareness of Industry, Opportunities
Economic Market Analysis
Safer Handling
Solutions Group Update
Fulfillment Update
Solutions Spotlight
Scholarship Winners: Where Are They Now?
MHI News
Calendar
Index of Advertisers
MHI Solutions - Volume 4, Issue 3 - cover1
MHI Solutions - Volume 4, Issue 3 - cover2
MHI Solutions - Volume 4, Issue 3 - 3
MHI Solutions - Volume 4, Issue 3 - 4
MHI Solutions - Volume 4, Issue 3 - 5
MHI Solutions - Volume 4, Issue 3 - 6
MHI Solutions - Volume 4, Issue 3 - CEO Update
MHI Solutions - Volume 4, Issue 3 - Intelligent Robots Offer a Competitive Edge
MHI Solutions - Volume 4, Issue 3 - 9
MHI Solutions - Volume 4, Issue 3 - 10
MHI Solutions - Volume 4, Issue 3 - 11
MHI Solutions - Volume 4, Issue 3 - 12
MHI Solutions - Volume 4, Issue 3 - 13
MHI Solutions - Volume 4, Issue 3 - 3D Printing Will Disrupt Manufacturing as Adoption Rates Rise
MHI Solutions - Volume 4, Issue 3 - 15
MHI Solutions - Volume 4, Issue 3 - 16
MHI Solutions - Volume 4, Issue 3 - 17
MHI Solutions - Volume 4, Issue 3 - 18
MHI Solutions - Volume 4, Issue 3 - 19
MHI Solutions - Volume 4, Issue 3 - Predictive Analytics
MHI Solutions - Volume 4, Issue 3 - 21
MHI Solutions - Volume 4, Issue 3 - 22
MHI Solutions - Volume 4, Issue 3 - 23
MHI Solutions - Volume 4, Issue 3 - Sensors and the Industrial Internet of Things
MHI Solutions - Volume 4, Issue 3 - 25
MHI Solutions - Volume 4, Issue 3 - 26
MHI Solutions - Volume 4, Issue 3 - 27
MHI Solutions - Volume 4, Issue 3 - 28
MHI Solutions - Volume 4, Issue 3 - 29
MHI Solutions - Volume 4, Issue 3 - Industry Focus: Consumer Electronics
MHI Solutions - Volume 4, Issue 3 - 31
MHI Solutions - Volume 4, Issue 3 - 32
MHI Solutions - Volume 4, Issue 3 - 33
MHI Solutions - Volume 4, Issue 3 - Industry Report Released
MHI Solutions - Volume 4, Issue 3 - 35
MHI Solutions - Volume 4, Issue 3 - 36
MHI Solutions - Volume 4, Issue 3 - 37
MHI Solutions - Volume 4, Issue 3 - 38
MHI Solutions - Volume 4, Issue 3 - 39
MHI Solutions - Volume 4, Issue 3 - 40
MHI Solutions - Volume 4, Issue 3 - 41
MHI Solutions - Volume 4, Issue 3 - 2016 MHI Innovation Awards
MHI Solutions - Volume 4, Issue 3 - 43
MHI Solutions - Volume 4, Issue 3 - 44
MHI Solutions - Volume 4, Issue 3 - 45
MHI Solutions - Volume 4, Issue 3 - 46
MHI Solutions - Volume 4, Issue 3 - 47
MHI Solutions - Volume 4, Issue 3 - The New Face of the Supply Chain?
MHI Solutions - Volume 4, Issue 3 - 49
MHI Solutions - Volume 4, Issue 3 - 50
MHI Solutions - Volume 4, Issue 3 - 51
MHI Solutions - Volume 4, Issue 3 - 52
MHI Solutions - Volume 4, Issue 3 - 53
MHI Solutions - Volume 4, Issue 3 - 54
MHI Solutions - Volume 4, Issue 3 - 55
MHI Solutions - Volume 4, Issue 3 - 56
MHI Solutions - Volume 4, Issue 3 - 57
MHI Solutions - Volume 4, Issue 3 - 2016 MHI Annual Conference Preview
MHI Solutions - Volume 4, Issue 3 - 59
MHI Solutions - Volume 4, Issue 3 - 60
MHI Solutions - Volume 4, Issue 3 - 61
MHI Solutions - Volume 4, Issue 3 - 62
MHI Solutions - Volume 4, Issue 3 - 63
MHI Solutions - Volume 4, Issue 3 - 64
MHI Solutions - Volume 4, Issue 3 - 65
MHI Solutions - Volume 4, Issue 3 - Regional Supply Chain Education and Workforce Summits Raise Awareness of Industry, Opportunities
MHI Solutions - Volume 4, Issue 3 - 67
MHI Solutions - Volume 4, Issue 3 - 68
MHI Solutions - Volume 4, Issue 3 - 69
MHI Solutions - Volume 4, Issue 3 - 70
MHI Solutions - Volume 4, Issue 3 - 71
MHI Solutions - Volume 4, Issue 3 - 72
MHI Solutions - Volume 4, Issue 3 - Economic Market Analysis
MHI Solutions - Volume 4, Issue 3 - 74
MHI Solutions - Volume 4, Issue 3 - Safer Handling
MHI Solutions - Volume 4, Issue 3 - 76
MHI Solutions - Volume 4, Issue 3 - 77
MHI Solutions - Volume 4, Issue 3 - Solutions Group Update
MHI Solutions - Volume 4, Issue 3 - 79
MHI Solutions - Volume 4, Issue 3 - 80
MHI Solutions - Volume 4, Issue 3 - Fulfillment Update
MHI Solutions - Volume 4, Issue 3 - 82
MHI Solutions - Volume 4, Issue 3 - 83
MHI Solutions - Volume 4, Issue 3 - 84
MHI Solutions - Volume 4, Issue 3 - Solutions Spotlight
MHI Solutions - Volume 4, Issue 3 - 86
MHI Solutions - Volume 4, Issue 3 - Scholarship Winners: Where Are They Now?
MHI Solutions - Volume 4, Issue 3 - 88
MHI Solutions - Volume 4, Issue 3 - MHI News
MHI Solutions - Volume 4, Issue 3 - 90
MHI Solutions - Volume 4, Issue 3 - 91
MHI Solutions - Volume 4, Issue 3 - 92
MHI Solutions - Volume 4, Issue 3 - 93
MHI Solutions - Volume 4, Issue 3 - 94
MHI Solutions - Volume 4, Issue 3 - 95
MHI Solutions - Volume 4, Issue 3 - 96
MHI Solutions - Volume 4, Issue 3 - Index of Advertisers
MHI Solutions - Volume 4, Issue 3 - 98
MHI Solutions - Volume 4, Issue 3 - cover3
MHI Solutions - Volume 4, Issue 3 - cover4
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