WHY IT MATTERS: Digital Transformation
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Speaking of #eCommerce returns: why not reuse, recycle, repair? Measuring the impact of circular economy via @BoardofInnovation

Speaking of #eCommerce returns: why not reuse, recycle, repair? Measuring the impact of circular economy via @BoardofInnovation | WHY IT MATTERS: Digital Transformation | Scoop.it

Learn what circular impact means and how you can measure it for your business! It's important to translate your strategy into tangible KPIs and measurable targets.

Farid Mheirs insight:

WHY IT MATTERS: a beautiful illustration of the circular economy and the multiple options to consider before the landfill.

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Alibaba Unveils New #Manufacturing #Digital #Factory that enables small-batch orders through automation & robotics

Alibaba Unveils New #Manufacturing #Digital #Factory that enables small-batch orders through automation & robotics | WHY IT MATTERS: Digital Transformation | Scoop.it

At an early stage, apparel was identified as the starting point for Xunxi – a sector in which the lengthy production cycles and high inventory levels have long been a problem for small and large players alike. Powered by new technologies such as real-time resourcing, process and cost planning, automated in-house logistics and Xunxi’s manufacturing operating system, the factory is able to produce small-batch orders at reasonable costs and with shorter delivery times, consequently increasing manufacturing efficiency from 25% to an average of 55%.

Farid Mheirs insight:

WHY IT MATTERS: this is a huge step forward and a sign of the times: manufacturing automation. Fueled by digital, automation, and robots, this enables production of smaller batches economically. When this is rolled out at full scale - I assume it still requires development and lots of tweaking - we can expect retailers to shorten the time from idea to production. with eCommerce, it enables the make-to-order that was made popular by Dell computers in the late 1990s: onl;y build the computer when an order has been placed. Expand this idea to t-shirts and you can see why this new Alibaba production facility is so important...

Joanna Joy Fieldings's curator insight, October 3, 4:21 PM
I think that new technologies are what can propel businesses to more successful odds. 
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The Direct-to-Consumer Playbook from @Feedvisor suggests that every brand needs an @Amazon strategy - I agree and it should expand to all #marketplaces #lepanierbleu

The Direct-to-Consumer Playbook from @Feedvisor suggests that every brand needs an @Amazon strategy - I agree and it should expand to all #marketplaces #lepanierbleu | WHY IT MATTERS: Digital Transformation | Scoop.it

D2C brands can scale tremendously fast by capitalizing on
technology, shifts in consumer buying patterns and behaviors,
social engagement, and the experience economy.
D2C industry trailblazers have mastered the art of storytelling,
experiential in-store testing and showrooming, consumer
engagement, and creative digital advertising.
Once you have established a sound D2C operation, you should
build a holistic Amazon strategy to generate incremental
product exposure, demand, sales, and profits.

Farid Mheirs insight:

WHY IT MATTERS: direct to consumer - DTC or D2C - is gaining ground with manufacturers and brands recently. This playbook provides some context and stresses the importance of having an Amazon strategy. And I would suggest also a strategy for Walmart, Wayfair, Best Buy and all the other marketplaces out there!

DrMariaAdams's comment, August 8, 12:34 PM
good
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IT'S TIME TO BUILD: a plea to start building things again locally instead of outsourcing everything - this is an engineers dream and what the next 20 years are all about! via @a16z

IT'S TIME TO BUILD: a plea to start building things again locally instead of outsourcing everything - this is an engineers dream and what the next 20 years are all about! via @a16z | WHY IT MATTERS: Digital Transformation | Scoop.it

Every Western institution was unprepared for the coronavirus pandemic, despite many prior warnings. This monumental failure of institutional effectiveness will reverberate for the rest of the decade, but it's not too early to ask why, and what we need to do about it... Our nation and our civilization were built on production, on building. We built roads and trains, farms and factories, then the computer, the microchip, the smartphone, and uncounted thousands of other things that we now take for granted, that are all around us, that define our lives and provide for our well-being. There is only one way to create the future we want for our own children and grandchildren, and that's to build.

Farid Mheirs insight:

WHY IT MATTERS: I spent the better part of my life moving physical processes in the digital world. Now the pendulum shifts and we must pour our engineering energy into building things locally - using digital processes, techniques, technologies, from 3D printing to robots to IOT. This is the next 20 years.

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3 technologies will help recover from #covid-19 crisis:  manufacturing automation, shipment tracking, delivery robots

3 technologies will help recover from #covid-19 crisis:  manufacturing automation, shipment tracking, delivery robots | WHY IT MATTERS: Digital Transformation | Scoop.it

The coronavirus outbreak will continue to propel funding, acquisitions, partnerships, and experimentation by brands and retailers as they are forced to grapple with global supply challenges posed by our increasingly interdependent world.

Regardless of the coronavirus’s impact on the global economy, we will surely face a similar situation in the future; brands, retailers, and their supply chains will need to be prepared.

Farid Mheirs insight:

WHY IT MATTERS: once we get over the health crisis, we will need to address the economic crisis. Key supply chain technologies will offer retailers and manufacturers solutions to reduce cost and their dependency on global trade fluctuations.

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How the industrial market is embracing #spatialComputing #AR #VR @Unity provides great examples of real-life applications in real world environments mostly for training and repair

How the industrial market is embracing #spatialComputing #AR #VR @Unity provides great examples of real-life applications in real world environments mostly for training and repair | WHY IT MATTERS: Digital Transformation | Scoop.it

Watch this webinar featuring Unity and special guests from Taqtile — Co-Founder & CTO John Tomizuka and VP Kelly Malone — to learn more about innovative AR and VR use cases across the industrial sector.

Farid Mheirs insight:

WHY IT MATTERS: state of the art in the use of AR and VR in real life scenarios appear to remain focussed on training and repair operations. The videos in this webcast, starting at 12:30 are indicative of what's possible. First thing that strikes you is that solutions appear useful but one wonders how much work goes into making each one and also maintaining each solution. AR & VR in commercial environment remain niche solutions at this time.

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Training: the killer app for augmented reality? I've tested this product at CES and it is quite impressive to see what it can do - why is it not deployed in more companies? #AR

Training: the killer app for augmented reality? I've tested this product at CES and it is quite impressive to see what it can do - why is it not deployed in more companies? #AR | WHY IT MATTERS: Digital Transformation | Scoop.it

TrainAR features include:

• Create, edit and deploy training modules quickly and easily
• Included templates implement best practices for world-class AR content creation
• Create modules for overviews, step-by-step lessons, and certification testing
• Set up new trainees, issue and manage digital certifications
• Real time data viewer tracks and displays key training metrics on the monitor
• Collect and retain detailed records of training experiences

Farid Mheirs insight:

WHY IT MATTERS: we do not see augmented reality in our daily lives - other than pokemon GO. I would expect AR to offer real solution in todays market of labour shortage and need to quickly rampup new employees into jobs. This solution and the video should show quite well what is possible with the technology today. I've tried it and it is quite impressive...

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MIT report explores the next-gen powers of AI for organizations to harness #AI technology and integrate it seamlessly into their #CRM via @MITTechReview

MIT report explores the next-gen powers of AI for organizations to harness #AI technology and integrate it seamlessly into their #CRM via @MITTechReview | WHY IT MATTERS: Digital Transformation | Scoop.it

The golden era of AI is here. But how can organizations best harness the technology and integrate it seamlessly into their CRM? This MIT report explores the next-gen powers of AI for CRM. Download the whitepaper for a deep dive on how Salesforce Platform, embedded with Einstein, turns customer data into predictive insights to deliver the most personalized, intelligent experiences for both customers and employees.

Farid Mheirs insight:

WHY IT MATTERS: this report presents some interesting use case where AI and Big Data are leveraged to automate and extend marketing capabilities for well known retailers and manufacturers.

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Textile industry will also be disrupted: Automatic Machine Knitting of 3D Meshes

Textile industry will also be disrupted: Automatic Machine Knitting of 3D Meshes | WHY IT MATTERS: Digital Transformation | Scoop.it

We present the first computational approach that can transform 3D meshes, created by traditional modeling programs, directly into instructions for a computer-controlled knitting machine. Knitting machines are able to robustly and repeatably form knitted 3D surfaces from yarn, but have many constraints on what they can fabricate. Given user-defined starting and ending points on an input mesh, our system incrementally builds a helix-free, quad-dominant mesh with uniform edge lengths, runs a tracing procedure over this mesh to generate a knitting path, and schedules the knitting instructions for this path in a way that is compatible with machine constraints. We demonstrate our approach on a wide range of 3D meshes.

Farid Mheirs insight:

WHY IT MATTERS: cool to see people improving old industries such as the textile industry.

MD Khirul Islam's comment, January 1, 2019 1:42 AM
https://clippingpathstar.com/
Maciej Hoffmann's curator insight, January 10, 2019 4:39 AM
Knitting of 3D Meshes, this can make some noise in Textile industry
NeXus Portal Solutions's curator insight, January 4, 11:17 AM

Technology advancements in the Textile industry.

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Business applications of Augmented Reality are taking shape: here the light Guide System PRO that I saw at CES2018 is now a commercial reality #AR 

Business applications of Augmented Reality are taking shape: here the light Guide System PRO that I saw at CES2018 is now a commercial reality #AR  | WHY IT MATTERS: Digital Transformation | Scoop.it

Light Guide Systems, an augmented reality tool that is transforming manual assembly and manufacturing processes for companies worldwide, is working with HP Inc., to launch a new technology tool—Light Guide Systems PRO. Utilizing the immersive computing platform Sprout PRO by HP, Light Guide Systems PRO modernizes manual assembly processes in commercial and education applications.

Introducing the Light Guide PRO™

Light Guide Systems helps reduce errors and radically improves manufacturing assembly processes by projecting directly onto a predefined and established operating “canvas” designed for small parts while providing audio and visual prompts, guidance, pacing and direction. Light Guide Systems PRO™ takes the tool to the next level by incorporating its proprietary software into the powerful yet compact Sprout PRO PC platform to deliver a clean and compact package that is portable, flexible and affordable.

Farid Mheirs insight:

WHY IT MATTERS: augmented reality has yet to make its way from gadget of pokemon GO to commercial and business settings. This product recently announced is part of this new generation of systems that use AR to improve manufacturing, quality, efficiency and training. A short video and more picture will give you ideas of what it can do.

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Inside the Digital Factory

Inside the Digital Factory | WHY IT MATTERS: Digital Transformation | Scoop.it

Cutting-edge technology gives a glimpse into the future of how things will get made, and what manufacturers must do to stay relevant.

Farid Mheirs insight:

WHY IT MATTERS: factories are being transformed by digital at a rapid pace and this paper provides insights into that transformation, including how technologies are being deployed today.

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Successful digital transformations require innovation and the best way to to partner with startups - @McKinsey suggests there are multiple ways to partner and they are right #digitalTransformation ...

Successful digital transformations require innovation and the best way to to partner with startups - @McKinsey suggests there are multiple ways to partner and they are right #digitalTransformation ... | WHY IT MATTERS: Digital Transformation | Scoop.it

Once prospective partners in the ecosystem have been identified, there are a variety of ways to work with them, ranging from collaborations that involve a limited financial commitment to outright acquisitions.

Farid Mheirs insight:

WHY IT MATTERS: large organizations are not structured to deliver on the innovation that digital transformations required. Partnering with startups is thus the way to go.

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Digital Center of Competence must have 3 roles for successful digital transformations: align, build and network - according to @McKinsey

Digital Center of Competence must have 3 roles for successful digital transformations: align, build and network - according to @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

The digital center of competence (DCoC) is responsible for setting direction and ensuring that learning is widely shared. In this structure, the competence center does not have P&L responsibilities, but it does have its own budget, and each business unit (BU) owns its own internal digital initiatives. The DCoC assumes three important functions to develop products and services, build skills across BUs, and create external networks.

Farid Mheirs insight:

WHY IT MATTERS: when you create a digital center of competence (which McKinsey suggests and I agree in most organizations), then you must equip it with a budget (seems obvious but rarely is) and give it a goal to DELIVER (not just strategize or think, which is often the case). This is the only way you can have the DCOC be owner of its future and the transformation that comes with it.

Vezta & Co.'s curator insight, September 8, 2018 12:49 PM

WHY IT MATTERS: when you create a digital center of competence (which McKinsey suggests and I agree in most organizations), then you must equip it with a budget (seems obvious but rarely is) and give it a goal to DELIVER (not just strategize or think, which is often the case). This is the only way you can have the DCOC be owner of its future and the transformation that comes with it.

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Quebec ministry of economic development has released an industry 4.0 digital transformation framework to guide manufacturing companies #goodJob #MESI @economie_quebec

Quebec ministry of economic development has released an industry 4.0 digital transformation framework to guide manufacturing companies #goodJob #MESI @economie_quebec | WHY IT MATTERS: Digital Transformation | Scoop.it

L’avènement de l’industrie 4.0 modifie les façons de faire des entreprises. Le numérique vient non seulement transformer les systèmes et les processus, mais apporte aussi des changements au sein des différentes fonctions de gestion d’entreprise. Afin de rester concurrentielles, tant les PME que les grandes organisations doivent se tourner vers les nouvelles technologies.

Farid Mheirs insight:

WHY IT MATTERS: manufacturing industry has labelled digital transformation efforts as "industry 4.0" and governments such as Quebec are providing guidance to small and medium businesses on how to do it. Well worth the read.

A direct link to the framework is here (in french): Feuille de route industrie 4.0

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3 governance models for successful digital transformations according to @McKinsey tracks with what others think as well #digitalTransformation

3 governance models for successful digital transformations according to @McKinsey tracks with what others think as well #digitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

In our experience, businesses are most successful in pushing through a digital transformation by organizing around one of three primary archetypes.

Farid Mheirs insight:

WHY IT MATTERS: digital transformation governance remains tricky enough to require a center of excellence in certain cases. This tracks with previous post from Bain here: http://fmcs.digital/blog/organizing-for-a-digital-world-bain-brief-bain-company/ 

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McKinsey defines 6 elements for successful digital transformations for automotive suppliers - are other industries so different? #dontThinkSo #digitalTransformation @McKinsey

McKinsey defines 6 elements for successful digital transformations for automotive suppliers - are other industries so different? #dontThinkSo #digitalTransformation @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

In our experience working with automotive suppliers, we have learned that successful digital transformations should be well designed and soundly executed across six core areas (Exhibit 1). Central to the success of the transformation is being clear about the impact each of the six areas has on the others and understanding the key dependencies across all of them.

Farid Mheirs insight:

WHY IT MATTERS: digital transformation success is not about technology. I agree.

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Aim HIGH: I fear for my clients because their digital transformation is not BOLD enough - according to @McKinsey this will erode profit and revenue growth

Aim HIGH: I fear for my clients because their digital transformation is not BOLD enough - according to @McKinsey this will erode profit and revenue growth | WHY IT MATTERS: Digital Transformation | Scoop.it

As digital technology erodes profit and revenue growth, why aren’t companies responding with bold strategies?

Farid Mheirs insight:

WHY IT MATTERS: I often will recommend BOLD moves for digital strategies of my clients: automate entire departments, move everything to the cloud, go mobile-first, go AI-first, etc. It is disappointing to see them take more timid approaches: keep on-premise systems and slowly move to cloud, stay away from ecommerce so as not to deal with logistics issues, build a "store of the future" with a few screens and survey kiosks, etc. 

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A twist on the people+process+technology: digital transformation requires culture+strategy+technology

A twist on the people+process+technology: digital transformation requires culture+strategy+technology | WHY IT MATTERS: Digital Transformation | Scoop.it

Many of the companies I work with are undergoing some form of a “Digital Transformation” to ensure they stay competitive and relevant into the future. These big, transformational changes are very hard and require far more than an investment in new technologies. They require a clear and solid strategy for how technology can be used to transform the business and provide better customer experiences, a culture that embraces change and collaborates heavily, and the technology capabilities to execute the strategy quickly and efficiently. Otherwise, these digital transformation initiatives will end up just like the failed ERP projects of the past we’ve all heard about or been a part of.

Farid Mheirs insight:

WHY IT MATTERS: a reminder that digital transformation is not only about technology...

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You need an #Innovation labs to stay in business today - a review of 70 corporations that have setup a lab in recent years

You need an #Innovation labs to stay in business today - a review of 70 corporations that have setup a lab in recent years | WHY IT MATTERS: Digital Transformation | Scoop.it

Innovation is critical for established companies to stay relevant in the face of disruption. Here's our list of corporate innovation labs.

Farid Mheirs insight:

WHY IT MATTERS: everyone asks how they change do digital transformation. For one thing, setting up an independent lab can be a good place to start.

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Compare your company's digital maturity with others in your industry with this interactive tool from @MIT @Deloitte

Compare your company's digital maturity with others in your industry with this interactive tool from @MIT @Deloitte | WHY IT MATTERS: Digital Transformation | Scoop.it

In the 2018 Digital Business Report, MIT SMR and Deloitte find that digitally maturing organizations encourage distributed leadership and a healthy appetite for experimentation.

Farid Mheirs insight:

WHY IT MATTERS: digital transformation allows companies to mature in their use of digital in the organization. This MIT research survey provides an interactive tool to compare yourself against others in your industry.

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8 videos that demonstrate the digital transformation in manufacturing #DigitalThread @MIT @MITSloan @Deloitte

8 videos that demonstrate the digital transformation in manufacturing #DigitalThread @MIT @MITSloan @Deloitte | WHY IT MATTERS: Digital Transformation | Scoop.it

A new video series from MIT Sloan Management Review and Deloitte Insights follows the creation of an aviation part as it moves along the “digital thread,” creating a growing knowledge base of data and feedback as it evolves from design to final testing.

Farid Mheirs insight:

WHY IT MATTERS: a 9 part video series that shows what digital transformation means in the context of an airplane part fabrication from ideation/creation to production. It puts digital transformation concepts in practice with real-life examples.

NeXus Portal Solutions's curator insight, December 28, 2018 3:00 AM

The Digital Thread

NeXus Portal Solutions's curator insight, January 4, 11:22 AM

Digital Transformation in Manufacturing

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Blockchain is more than Bitcoin: exploring a plethora of non-financial use cases #Blockchain #bitcoin @Cognizant

Blockchain is more than Bitcoin: exploring a plethora of non-financial use cases #Blockchain #bitcoin @Cognizant | WHY IT MATTERS: Digital Transformation | Scoop.it

Blockchain disruptive nature is derived from its ability to transform almost any process, from basic documentation to settling complex contracts across geographies.

Farid Mheirs insight:

WHY IT MATTERS: we focus on the financial use cases of the blockchain. However there are many more - and potentially more important - use cases for blockchain outside payment and financial transactions. They must be considered careful by anymore preparing a digital strategy today.

Also:

- more recent infographics (2018): https://www.reddit.com/r/CryptoCurrency/comments/7y2zld/infographic_use_cases_for_blockchain/

- another list: https://www.experfy.com/blog/blockchain-use-cases-that-have-potential-to-disrupt-society

- other financial use cases explained: https://hackernoon.com/popular-use-cases-of-blockchain-technology-you-need-to-know-df4e1905d373 

- slideshare presentation: https://www.slideshare.net/IBTSMG/blockchain-use-cases-75417476 

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Will robots completely replace humans from textile factory floors? sewBots is a new #robots that can #manufacture a t-shirt in half the time of a human HT @ADumas

Will robots completely replace humans from textile factory floors? sewBots is a new #robots that can #manufacture a t-shirt in half the time of a human HT @ADumas | WHY IT MATTERS: Digital Transformation | Scoop.it

A lot of the work that goes into making a t-shirt or a pair of jeans has been automated, except for cutting and sewing. Now machines are taking over one of these last surviving manual jobs, which humans have performed for hundreds of years.

Farid Mheirs insight:

WHY IT MATTERS: the USA will bring back manufacturing from emerging countries - but it will not bring back jobs. This article is one more example of this trend: robots are now cheaper, faster, and generally better than humans at doing repetitive tasks. So much so that robots can manufacture clothes better than humans can. See the videos here: http://softwearautomation.com/digital-t-shirt-workline/

They say factories of the (near) future will have only one employee and one dog: the dog is there to keep humans out of the building, and the human is there to feed the dog! ;-).

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3M #Robots in 2020, 40B$ industry, they are used mostly in auto+phone #manufacturing but we should expect more industries to use them in near future #stats #china

3M #Robots in 2020, 40B$ industry, they are used mostly in auto+phone #manufacturing but we should expect more industries to use them in near future #stats #china | WHY IT MATTERS: Digital Transformation | Scoop.it

International Federation of Robotics presentation.

Farid Mheirs insight:

WHY IT MATTERS: robots present a solution for the skilled labour shortage and requirements to cut production times and reduce costs in an era of personalization. Read the report for more data.

Dock and door systems's curator insight, January 8, 2018 5:42 AM

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The five most amazing things that were 3-D-printed this year show that #3Dprinting is ready to move from prototyping towards production

The five most amazing things that were 3-D-printed this year show that #3Dprinting is ready to move from prototyping towards production | WHY IT MATTERS: Digital Transformation | Scoop.it
Each of these items gives us clues to what the future of manufacturing might look like.
Farid Mheirs insight:

WHY IT MATTERS: 3D printing has the potential to disrupt industries when it can manufacture products at scale and low cost. We are closer to this vision.

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