none
none

REPORT EXAMINES MOTIVES AND MEANS FOR SUPPLY CHAIN INNOVATION

18-01-2017
by 
in 
Even innovators draw the line at drone delivery

One in five decision makers in Australian companies identified their organisation’s supply chain as being “innovative” in the latest Supply Chain Innovation Report jointly compiled by apicsAU and Chainalytics. But even the majority of these innovators drew the line at some recent trends, such as drone delivery.

The findings of the report are based on a survey during August and September 2016 of senior and mid-level managers of apicsAU Australia member companies and Chainalytics APAC clients working for multinational and domestic companies conducting business in Australia.

While the innovators were in the minority (with a little over 55% identifying their supply chain position as “early-adopter/early-majority” and over 27% as “late-majority/laggards”), the report did reveal that the innovators were keen to adopt new technologies, such as cloud computing, mobile payment technologies, virtual stores, 3D printing and on-demand delivery services such as UberRush. Drone deliveries, however, were perceived as a step too far, with very few organisations overall (and just 20% of innovators) even considering the concept.

The report does confirm the motives for innovation, with most respondents confirming that supply chain cost reduction is the prime outcome, followed by collaborative partnerships and reduced time to market. Interestingly, though, it is only the self-percieved innovators that cite increased market share as a motive.

Among the conclusions of the report is the assertion that innovators must reach out to their extended supply chains to gather knowledge for strategic change. Also, to continue this innovation, organisations need to periodically
evaluate their strategies and collaborate outside their “normal” boundaries to set new targets and nurture innovation.

apicsAU
1300 557 175
www.apicsau.org.au

Related news & editorials

  1. 20.02.2018
    20.02.2018
    by      In
    An in-depth analysis of the battery industry in Australia has shown that lithium totals a $2 trillion investment opportunity, and despite investment in other kinds of battery technology, Australia must act or be left behind in lithium tech. 
    The Association of Mining and Exploration Companies (AMEC... Read More
  2. 20.02.2018
    20.02.2018
    by      In
    Lockheed Martin Australia has opened a new $12 million Lockheed Martin Australia House on the edge of Canberra’s Parliamentary Triangle. 
    The new office was opened by Defence Industry Minister Christopher Pyne, who said the company has cemented its ongoing commitment to Australia's defence industry... Read More
  3. 20.02.2018
    20.02.2018
    by      In
    Expressions of interest have now opened for trade works on the Osborne Naval Shipbuilding Precinct infrastructure project, promising up to 600 new construction jobs, and ongoing maintenance procedures. 
    Under the project, new facilities will be required to support the continuous build programs for... Read More
  4. 20.02.2018
    20.02.2018
    by      In
    With 'temporary' demountable structures making up more than one-in-ten classrooms in NSW, it is clear the education system is struggling to keep up with expansion. 
    Facing a future with more than five thousand demountables, many of which remain in place for upwards of ten years, the Centre for... Read More