WHY IT MATTERS: Digital Transformation
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Toward smart production: Machine intelligence in business operations shows positive impact on bottom line but still immature field @McKinsey #AI #machineLearning

Toward smart production: Machine intelligence in business operations shows positive impact on bottom line but still immature field @McKinsey #AI #machineLearning | WHY IT MATTERS: Digital Transformation | Scoop.it

A detailed study of machine intelligence in industrial and manufacturing operations reveals the surprisingly different paths companies can take. But a group of leaders shares similar characteristics.

Farid Mheir's insight:

WHY IT MATTERS: AI delivers real value in the manufacturing and production side of business. The McKinsey report shows ML and AI impacts bottom line more than top line, and that the field remains immature with the need for center of excellence and help from academia. Overall a useful reference when planning for back office and supply chain improvements.

lebens's curator insight, March 16, 2022 9:28 PM
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Nolwandle Mvelo's curator insight, May 19, 2023 2:25 AM

How the use of machinery makes the production process much quicker and effective 

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NOT going back to normal: what #technology changes should be top of mind of retailers when the crisis is over? Opportunities to re-think stores, supply chain, merchandising, eCommerce, & head offic...

NOT going back to normal: what #technology changes should be top of mind of retailers when the crisis is over? Opportunities to re-think stores, supply chain, merchandising, eCommerce, & head offic... | WHY IT MATTERS: Digital Transformation | Scoop.it

The grocery retail industry plays a critical role in these uncertain times. Here are six actions food retailers should take to help their communities, their employees, and their business.

Farid Mheir's insight:

WHY IT MATTERS:  post crisis actions should include actions to embrace digital solutions that may have been skipped in the past: go cashless in stores? embrace eCommerce for all products & services? This article provides many paths to investigate (see #5 in particular)

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How CPG Supply Chains Are Preparing for Seismic Change: their bear most of the shipping costs and suffer from digital channel proliferation #CPG #DigitalTransformation #SupplyChain via @BCG

How CPG Supply Chains Are Preparing for Seismic Change: their bear most of the shipping costs and suffer from digital channel proliferation #CPG #DigitalTransformation #SupplyChain via @BCG | WHY IT MATTERS: Digital Transformation | Scoop.it

Service performance has improved recently for most CPG companies. But getting goods from plant to shelf involves more hurdles and more complexity than ever before.

Farid Mheir's insight:

WHY IT MATTERS: consumer package goods companies (CPGs) are being hit by digital transformation as we disintermediate the retailers with direct delivery (drop shipping), online distribution and the need to continue to serve traditional retailers with warehouses and stores. Moreover, beyond the supply chain, CPGs have a increased need to know their customer, something that is often difficult to do with retailers blocking access to valuable data. This survey by BCG provides useful categorization of the impact to CPGs, along with some %

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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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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...

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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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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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.

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. 

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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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