As big data continues to make it's presence felt across all sectors, in this infographic, we explain what the impact of this will be on the supply chains of tomorrow:
Big Data Meets Supply Chain
Over the course of 2015 to 2020, the UK Manufacturing sector will gain £8.5 billion pounds in efficiency benefits due to implementing big data analytics to its Supply Chain.
In the same period, professional services will yield £3.5 million in efficiency benefits from Big Data.
Supplying IoT
The Internet of Things (IoT) will benefit the UK Manufacturing sector in efficiency benefits of £4.042 billion over the period from 2015-2020.
The Future is 3D
3D Printing Industry is estimated to have a market value of $26.5 billion in 2021 up from $8.8 billion in 2017.
Connected Risks?
In the SCM 2017 Future of Supply Chain survey of Supply Chain managers concern, 44% were concerned with Data Security, 26% concerned with a natural disaster affecting supplier facilities and 19% with Geo-political perils.
Robots not People
British Retail Consortium predicted almost a third of the UK’s 3m shop jobs would disappear by 2025 due to companies replacing people with technology.
To view the infographic, please click on the link below:
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