WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
Going digital in your business? I select the best posts and highlight the reasons why it matters. Like it? Click "recommend" + register to get the digest in your inbox: http://fmcs.digital/newsletter-signup/
Curated by Farid Mheir
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Which 3-D Printing Business Model Is Right for Your Company? @HBR handbook helps draft a strategy to integrate #3Dprinting into their manufacturing plans but it may require improved digital process...

Which 3-D Printing Business Model Is Right for Your Company? @HBR handbook helps draft a strategy to integrate #3Dprinting into their manufacturing plans but it may require improved digital process... | WHY IT MATTERS: Digital Transformation | Scoop.it

Strategically, that means additive is becoming a full-fledged competitive weapon: It can be used to hold on to market leadership, to dethrone a dominant player, or to diversify by exploiting a printer’s capability to make products for different industries. Consequently, leaders need to understand additive’s range and potential and the possibilities that will open up in the near future. This article offers a playbook.

Farid Mheir's insight:

WHY IT MATTERS: this Harvard paper shows that recent advances in 3D printing make additive production a reality today. Reading between the lines you have to realize the digital transformation this requires across your sales and distribution channels to support the level of customization that 3D printing enables. It is not just a matter or replacing machines with printers on the factory floor.

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This #AgTech #Startup Just Built A Coinstar For Coffee #blockchain #traceability - this tech has huge potential as it can reduce the number of food products that are recalled via @qz

This #AgTech #Startup Just Built A Coinstar For Coffee #blockchain #traceability - this tech has huge potential as it can reduce the number of food products that are recalled via @qz | WHY IT MATTERS: Digital Transformation | Scoop.it

Tech startup Bext360 has built a Coinstar-like device to grade coffee beans and pay the farmer for them right away.

Farid Mheir's insight:

WHY IT MATTERS: this is a concrete example of a use case for blockchain that shows it is now possible to trace the products from source to consumer. Blockchain technology provides a "distributed" system that can be "trusted". Why is this important? recently the US FDA has recalled 207M eggs due to salmonella: with proper traceability this number could have been much much lower: https://qz.com/1252939/egg-salmonella-recall-how-to-tell-if-a-specific-carton-is-affected/ 

That is why Starbucks is also considering similar technologies as explained here: https://www.wsj.com/articles/bringing-blockchain-to-the-coffee-cup-1523797205 

 

For more on the technology, see the video and explanation here: https://www.boulderai.com/ai-vision-systems-integration/ 

 

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#Drones relay #RFID signals or read barcodes for improved inventory control without humans or ladders #MIT #WMS #digital 

#Drones relay #RFID signals or read barcodes for improved inventory control without humans or ladders #MIT #WMS #digital  | WHY IT MATTERS: Digital Transformation | Scoop.it

MIT researchers have developed a system that enables small, safe, aerial drones to read RFID tags from tens of meters away while identifying the tags’ locations. The system could be used in large warehouses to prevent inventory mismatches and locate individual items.

Farid Mheir's insight:

WHY IT MATTERS: drones and autonomous vehicles have applications in business settings that may be more valuable and faster to deploy short term than consumer applications we have come to see in recent years - like self-driving cars or drone following humans in the wild. Here MIT has adapted drones to perform inventory control using RFID tags in warehouses. At the recent CES 2018 event, drones from company Eyesee are equipped with high definition cameras perform similar tasks of inventory control and management. These solutions have short-term benefits for enterprises that warrant deployment of what is still a very new technology. In the future, Artificial Intelligence image recognition software should enable even more advanced inventory control.

More on Eyesee autonomous inventory-taking drone:

https://www.hardis-group.com/en/news/ces-2018-eyesee-autonomous-inventory-taking-drone-wins-innovation-award 

https://www.youtube.com/watch?v=3Wo-5oS1J_0 

https://eyesee-drone.com/ 

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Alan Bradshaw's curator insight, February 14, 10:24 AM

Solid use of technology

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IBM introduce #blockchain technology for #food #grocery traceability

IBM introduce #blockchain technology for #food #grocery traceability | WHY IT MATTERS: Digital Transformation | Scoop.it

Get an introduction video to blockchain technology and see how it can be used to address global food safety.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

IBM has been an early adopter of blockchain technology and now videos such as this one begin to show where this new technology can be used in real businesses. Here the video presents blockchain in use for grocery food traceability from harvest to store shelves, in the grocery industry. The video is not great quality but the content is interesting.

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Rethinking the Value Chain in an era of #digital, #social, #AI and #IoT via @capgemini 

Rethinking the Value Chain in an era of #digital, #social, #AI and #IoT via @capgemini  | WHY IT MATTERS: Digital Transformation | Scoop.it

Rethinking the Value Chain: New Realities in Collaborative Business – the premise of this report suggests that the industry’s traditional approach to the value chain, whereby product and information flow linearly and sequentially from supplier to manufacturer to retailer to consumer – is no longer sufficient. The findings further point out that value chains cannot keep pace with the new reality of global changes in consumer behaviour, business innovation, demographics and economics. As a result there is a need to lead a shift away from value chains towards more collaborative value networks. The report takes a closer look at the trends impacting the industry while presenting the strategic areas of focus for concrete actions.

Farid Mheir's insight:

Digital impacts back-office as much as front office - so why has BO changed so slowly and what should be done. Some recommendations here

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Digital Transformation Review n° 9: The Digital Strategy Imperative : Steady Long-Term Vision, Nimble Execution | Capgemini Consulting Worldwide

Digital Transformation Review n° 9: The Digital Strategy Imperative : Steady Long-Term Vision, Nimble Execution | Capgemini Consulting Worldwide | WHY IT MATTERS: Digital Transformation | Scoop.it
Farid Mheir's insight:

Always interesting reading on digital transformation by Capgemini which has been at the forefront of defining digital transformation. Read this one, then flip through old ones...

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Jean-Marie Grange's curator insight, October 24, 2016 2:02 PM
Very good examples of digital transformation in some industries. The platform strategy developed by Visa could be very successful... if they really open it to developpers. 
There is also a list of 15 startups showing good potential at the end of the document...
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Home Delivery has become so complex it mandates its own 2-day event

Home Delivery has become so complex it mandates its own 2-day event | WHY IT MATTERS: Digital Transformation | Scoop.it
A conference and expo for retailers looking to optimize their business through supply chain, logistics, fulfillment, warehousing and transportation.
Farid Mheir's insight:

To succeed in eCommerce you need to master one thing: delivering products to your customers rapidly at the lowest cost possible.

 

This is why events such as this one have become essential. I would even say that delivery is the single most important aspect of an eCommerce solution, as it is where your margins are made or lost. Ensure you have a comprehensive last mile model and you will be guaranteed not to loose money.

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Making the last mile pay via @capgemini

Making the last mile pay via @capgemini | WHY IT MATTERS: Digital Transformation | Scoop.it

One of the biggest tests of agility for the consumer products and retail industries currently is last-mile delivery and associated services (e.g. returns). These services are now so pivotal to the customer experience that they are determining brand choices as never before. Achievements in getting products efficiently to the warehouse now need to be matched by equivalent improvements in getting goods to (and from) consumers.

 

To learn more, download the white paper which examines the latest innovation in last-mile services and explores how companies can harness the opportunities, and keep customers happy, without undermining their businesses.

Farid Mheir's insight:

A detailed white paper from capgemini on how to improve the last mile, from your warehouse to the customer door and back if required. Full of ideas, strategies and solutions to improve logistics, returns, supply chain, etc.

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Forrester Report provides insight on digital transformation of the logistic technologies

In the age of the customer, merchandise availability and lead time are critical di erentiating elements
of the customer experience. Existing and new technologies provide both the threat and opportunity for retailers and brands of unprecedented availability and lead-time transparency. Application development and delivery (AD&D) professionals have to help their line-of-business leaders to understand which logistics capabilities they can outsource and which are core to their brand value. For such distinctive capabilities, they must decide which types of supporting applications and which enabling technologies they should deploy to deliver the channel, local availability, and service-level lead time to support their brand promise. is report provides an overview of key logistics technologies, their level of maturity, and the opportunity they present for both users and vendors.

Farid Mheir's insight:

Amazing review of OMS, PIM, inventory management and 20 other applications that are key to transform the digital logistics in any organization.

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Impact of digital on the value chain via @Deloitte

Impact of digital on the value chain via @Deloitte | WHY IT MATTERS: Digital Transformation | Scoop.it
The changed economics of value delivery can challenge the viability of incumbents with long, complex value chains. New technologies are allowing marketplace entrants to eliminate whole stages of the value chain, often dramatically reducing capital and infrastructure costs.
Farid Mheir's insight:

A great series from Deloitte on the impact of digital on the supply chain.

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Philippe Guillaume's curator insight, February 17, 2016 12:37 PM

Un canevas assez simple à réutiliser pour analyser rapidement en quoi le digital peut impacter la chaîne de valeur. 

On peut toujours et malgré tout déplorer que c'est très facile de construire des patterns en regardant le passé, mais que ce qui fait la réussite, c'est souvent de deviner ceux qui n'existent pas encore...

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Supply Chain Management: Top 10 Supply Chain trends in next 10 years

Supply Chain Management: Top 10 Supply Chain trends in next 10 years | WHY IT MATTERS: Digital Transformation | Scoop.it

While surfing for trends in Supply Chain, I came across this article  by an expert and I decided to shed some light on it and share my thoughts on it. I agree with some of author's view and disagree with some. But I hope this stimulates you to think and generates a healthy discussion in the future.

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Real truth behind google robots is that it will impact business profitability and competitiveness @thomasClaburn

Real truth behind google robots is that it will impact business profitability and competitiveness @thomasClaburn | WHY IT MATTERS: Digital Transformation | Scoop.it
While Amazon makes a splash with drones, Google invests in robot technologies. Depending on your profession, that could be bad news.
Farid Mheir's insight:

There is so much to say on this topic and I've written about it numerous times before and recently.


  1. Race Against the Machine: Andrew McAfee at TEDxBoston http://sco.lt/84lu8P 
    Andrew McAfee was well known for coining the term "Enterprise 2.0" where he foresaw how social networks would transform the enterprise. Of course, social networks have an indirect effect on business top- or bottom-line. Being from move his insight into more "Core" or mission critical aspects of the organization. So he moved to the supply chain where, if you apply technology right, so can have a profound and rapid impact on the company's profit or market share or leadership. This is the purpose of his current work
  2. New magazines focusses on supply chain digital transformation via @capgemini @didiebon http://sco.lt/8f8beD 
    Digital Transformation- We Haven't Seen Anything Yet: 3 min video worth watching via @capgemini http://sco.lt/5YVBnV 
     McAfee now works closely with Capgemini and this collaboration has led to research on digital transformation that is truly amazing (#1 in my digital transformation reference list). It provides hard data regarding the current state of digitization in corporations and some great examples of companies that have started their digital transformation.
  3. Real-life Solutions that can be developed with @Grok http://sco.lt/5eUgCn 
    Finally the idea that robots and automation are around the corner and that the next 10 years will bring so much more than what we expect can be traced back to the book the Singularity is Near which provides a compelling case for this exponential growth. I reference here work where technology now provides tools to perform human-like processing using simple algorithms based on the brain architecture.
  4. Remote manipulation demonstrated by @mit via @MartinLessard (great french blogger in #mtl #lasphere) http://sco.lt/9MvWZl 
    Finally I like the reference to the surgeons that perform tele-medecine. We often think of robots as being machines that perform repetitive tasks that eliminate humans from the equation. Although this may be true in certain cases (car manufacturing or the Google self-driving cars for example), in the short term there is much greater opportunities in enhancing human interactions and providing telepresence than there is in replacing humans. This is most probably what most of us will see in the next 10 years.
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Digital Business Transformation [DBT): the Journey Must Begin Now (supply chain management)

Farid Mheir's insight:

A bit dated (2005), this University research highlights the supply chain transformation from Industrial Age to Information Age. 

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Curated by Farid Mheir
Digital technology consultant. Register to my free email newsletter: http://fmcs.digital/newsletter-signup/