The need for seamless integration between Industrial Internet of Things (IIoT) and e-commerce platforms has become imperative amid the disruption to global supply chains caused by the COVID-19 pandemic, leading experts from Germany\u2019s VDMA, Deloitte, and TMC LLC said at the Global Manufacturing and Industrialisation Summit (#GMIS2020) Digital Series. Combining the two would help to \u2018join the dots\u2019 along supply chains, offering manufacturers the ability to connect with both suppliers as well as customers, bringing more resilience in the post-pandemic world.<\/p>\n\n\n\n
Helena Lisachuk, Global IoT Leader at Deloitte, said: \u201cBy integrating the two [IIoT and e-commerce] you will bring end-to-end visibility in the supply chain and enable smoother transactions almost in real time,\u201d she said. \u201cThe value, as a big enterprise, is that you can look after smaller suppliers to make sure they survive through a difficult time and can plan for the future. But you also have a direct relationship with your end customer.\u201d<\/p>\n\n\n\n
Sunggy Koo, Former Corporate Vice President of Samsung Electronics and Managing Director at TMC LLC said industry could learn lessons from e-commerce platforms which have successfully adopted technologies such as AI and predictive analytics.<\/p>\n\n\n\n
\u201cThere has always been a challenge of having full visibility of your supply chains and manufacturing flows,\u201d he said. \u201cA lot of smart factories are not connected to this type of the marketplace. Once they combine full visibility of their supply chains and what’s happening on the floor, there can be a huge benefit.\u201d<\/p>\n\n\n\n
Dr Eric Maiser, Head of Competence Center Future Business at VDMA, Germany\u2019s Mechanical Engineering Industry Association, said connecting IIoT platforms and e-commerce would allow makers of industrial machinery to offer additional aftermarket services that would enhance their future business prospects.<\/p>\n\n\n\n
\u201cMachine makers today not only provide the hardware and plug them together. They also use data to understand customer needs and add those new digital services, and this is where B2C platforms come in. Additional services mean additional business and digitalisation has a big impact there.\u201d<\/p>\n\n\n\n
Lisachuk added that the combination of IIoT and e-commerce would also help to satisfy growing demand for customisation of products. She said: \u201cYou personalise your experience as much as possible on e-commerce platforms that target B2C. Bringing that experience towards the industrial space, you could learn a lot from e-commerce models in terms of personalisation, customisation, and distribution.\u201d<\/p>\n\n\n\n
Bringing SMEs into the ecosystem<\/p>\n\n\n\n
Ensuring that small and medium enterprises (SMEs), which play a critical role in manufacturing supply chains, are not left behind would involve collaboration between all players, especially when it comes to sharing the cost of introducing technology platforms.<\/p>\n\n\n\n
This collaboration should also include the major cloud platform or infrastructure providers, some of which Lisachuk said are deliberately offering affordable digital services for SMEs. She added that there was a responsibility for larger organisations to recognise the important role SMEs play in the economy in terms of innovation.<\/p>\n\n\n\n
\u201cI definitely expect more collaboration and more ecosystems,\u201d she said. \u201cAnd I expect more large players to step up and meet their social responsibility because many companies nowadays are driven to do the right things for society, for people and for nature.<\/p>\n\n\n\n
Maiser said it was essential that SMEs, which are often highly specialised manufacturers, particularly in Germany where the \u2018Mittelstand\u2019 group of SMEs are a powerful force in the economy, build connected platforms in partnership with others.<\/p>\n\n\n\n
\u201cSMEs do not always have the money or the capabilities to set up their own platforms,\u201d he said. \u201cHowever, the fact is they still have to collaborate as machine makers. You might specialise in making a single machine but your customer probably has other machines either side of yours so it’s important to understand the whole process chain and connect to that.\u201d<\/p>\n\n\n\n
Continued advancement of connected ecosystems that integrate IIoT with e-commerce would provide additional challenges to ensure that the data that is gathered is reliable, of good quality and secure. Sunggy Koo said supply chains were often disjointed and that participants were reluctant to share data.<\/p>\n\n\n\n
\u201cManufacturers should work together with suppliers towards a common goal, to figure out the best way to share data so they can see better outcomes across all operations. This is the challenge that we’re seeing more and more, but I think there are always solutions when you have a trusting relationship with your suppliers.\u201d<\/p>\n\n\n\n
Maiser agreed that it was important to break down barriers when it comes to sharing data along the supply chain. \u201cWhen sharing data you don’t have to be naive but if you want to use artificial intelligence you need a lot of data, and you have to share that data. So, if you want to tap into that you have to avoid data protectionism.\u201d<\/p>\n\n\n\n
Hosted by journalist and broadcaster Declan Curry, the virtual panel discussion on \u2018Digitising Production and Digitalising Delivery: The conversion of Industrial IoT (IIoT) with e-commerce platforms\u2019 is the sixth session of the #GMIS2020 Digital Series that will lead up to the Virtual Summit on September 4-5, 2020. The session is available to watch on-demand at https:\/\/bit.ly\/2YHVHyY.<\/p>\n\n\n\n
Through its Virtual Editions, the third edition of the Global Manufacturing and Industrialisation Summit (#GMIS2020), a joint initiative by the United Arab Emirates (UAE) and the United Nations Industrial Development Organization (UNIDO), is bringing together high-profile thought-leaders and business pioneers from around the world to shape the future of manufacturing, discuss the impact of pandemics on global value chains, and highlight the role of fourth industrial revolution (4IR) technologies in restoring economic and social activities.<\/p>\n\n\n\n
Participants can watch the GMIS Virtual Summit and Digital Series by registering on the following link: https:\/\/bit.ly\/3eYq75o. The programme agenda is available on the following link: https:\/\/bit.ly\/2Al40r7.<\/p>\n","protected":false},"excerpt":{"rendered":"
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