Businesses have long been asked to create sustainable, green and economically viable communities, but they’ve struggled to keep up.
The answer is, as new technologies make it possible, to shift their focus from the traditional, fixed-location manufacturing industry to more flexible, connected, and interactive production and logistics platforms.
That shift is happening as technology continues to reshape the global economy, but many companies still aren’t fully up to speed on the challenges that will be posed by the changes.
“Companies are still not getting it right.
We’re seeing a lot of the same things that we’ve seen in other industries, where they’re using the same processes, the same tools, the process of getting things built, but are still missing some key elements of how to be successful in the long run,” said James Buesseler, chief operating officer of the City Ground Industry Council.
“The reality is that the big question is, ‘Where are you going to be when this thing happens?’
It’s not going to just happen overnight.
You need to invest in your infrastructure, you need to be more responsive to what your customers are looking for, and you need the right processes and the right people in place to execute on those decisions.”
For businesses in the global ground-based logistics industry, the question becomes: Where do you go from here?
What are the challenges ahead?
The Global Ground-based Manufacturing Industry is one of the fastest growing industries in the world, with an estimated 5 billion tonnes of manufactured goods shipped annually, with the global market expected to grow by an average of 10 per cent a year through 2060.
For businesses operating in this new technology-driven economy, there are a number of key challenges to take into consideration.
The first is that most companies that are planning to move into the ground-level manufacturing space are still relatively new.
“If you look at a list of the biggest, most profitable companies in the industry, they’re all brand new.
It’s the big players that are doing the big projects and doing the biggest bets, so there are not a lot in place for the small guys to really compete in the ground floor of the market,” Bueseler said.
“It’s a very small subset of the global industry.
There are a lot more smaller players who are getting into the space.
That’s why there are so many different things that have to be done to make it happen.”
As companies become more technologically sophisticated and become more connected to their customers, they are also finding that they need to evolve their processes.
Bueser explained that many small businesses are looking to automate parts of their processes to save money and to improve efficiency.
In other words, it’s not just about building a factory.
It could be a new way of doing things, such as using robotics, robots, or other technologies to automate the assembly process.
For example, if a company wants to build a product, the team could use software to automate certain steps.
“I think a lot [small businesses] are trying to automate those processes because they’re less expensive, and because it’s cheaper to move things,” Buedseler said, referring to the automation of the production process.
The second challenge is that while many companies are taking advantage of cloud-based manufacturing solutions, they may not be taking the right approach.
As a result, many companies don’t have the tools to be fully up-to-date in terms of how they operate, including the ability to test their processes, understand how their products perform, and adjust their processes if needed.
“You’re trying to create a new system that’s built to run on a modern system, and a modern platform that can run on cloud computing,” said Mark Jelinek, CEO of Bixby, a business intelligence platform.
With cloud computing, businesses can easily deploy their software to run remotely, and Buesseler explained, “There’s no question that the ability for companies to do this has grown dramatically in the past few years.
The question is how do you integrate it in an environment that you think is really ready for it?”
The third challenge is how to keep pace with the changing nature of the business.
The number of products, processes, and processes that can be replicated is growing exponentially, and the pace of change is increasing, which means that the number of things to test and iterate on must also increase.
Bueseler added that, while many large companies are experimenting with new approaches to business and product design, there is still a lack of guidance around how to do so.
For example, Buessels said that there are no good guidelines about how to deal with the new use cases and new technologies that are emerging.
Busessel said that a lot is at stake for companies in terms to what’s called the ‘bottom-up innovation model.’
“You’re going to