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 periodicallyevaluate 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. 29.09.2020
    29.09.2020
    by      In
    The company Dexus has launched a security upgrade which integrates a perfect jigsaw of solutions to meet security tenant needs in urban cbd district in Sydney.
     A crucial part of this secure entry jigsaw is the use of morphowave.
     IDEMIA MorphoWave scans and verifies four fingerprints through a... Read More
  2. 29.09.2020
    29.09.2020
    by      In
    When working in hazardous locations, such as during heatwaves or extreme weather conditions, extra consideration is made to protect materials against corrosion.
    This applies for example when working with steel structures, like pipes, tanks and bridges.
    This is where the use of cathodic protection... Read More
  3. 29.09.2020
    29.09.2020
    by      In
    The state of South Australia has officially opened its borders while one of the state’s major industry lobby group shines light on much needed state infrastructure resources.
    The Civil Contractors Federation (South Australia) (CCF (SA) announced it had decided to approach the key Infrastructure... Read More
  4. 29.09.2020
    29.09.2020
    by      In
    As Australia’s economy enters the second quarter, announcement by Victoria Premier Daniel Andrews that COVID-19 restrictions are easing, is welcomed especially by the business community.
     The sector’s peak employer body Ai Group says it is a step in the right direction, but  believes it still... Read More