Evolution of Industrial Automation Supply Chain
Analyzing the Supply Chain Framework
Industrial automation vendors must vary their supply chain strategies by product line based on the product’s demand volatility, scale of volume (high or low), production time, and customer location.
Efficient planning and management of various stages using technology is crucial to reduce operational cost for industrial automaton vendors.
Industrial automation vendors need to increase synergy across their horizontals by bridging the gap in horizontal integration by benchmarking against consumer goods companies.
Maintaining an agile supply chain differentiates successful industrial automation vendors from the rest of the market in terms of coping with dynamic market needs.
Industrial automation vendors need to achieve higher visibility across various stages of the supply chain.
Direction of Automation Supply Chain Evolution in Key End-User Industries
Big Data from end users is expected to be used to forecast demand for industrial automation products.
For the power generation industry, Big Data is likely to improve demand forecasting for inverters and generators.
For the food and beverage industry, the performance of heating, ventilation, and air conditioning (HVAC) equipment used in food storage can be optimized.
In the agricultural sector, the Internet of Industrial Things (IoIT) can prevent performance reduction and breakdown of agricultural equipment.
In the pharmaceutical industry, IoIT can enable dosing systems to be continuously monitored for performance inefficiencies.
Automation Supply Chain Trends for Process Industries (Mining, Oil & Gas) – making equipment maintenance mobile-ready.
Emerging Automation Services Supply Chain Models
IoIT-enabled after-market service supply chains are likely to reduce the time and cost of equipment service.
Shifting from periodic maintenance to predictive maintenance is also expected to reduce supply chain cost.
Adopting a franchise model can help industrial automation vendors gain higher penetration in the after-market segment.
About this report
This research service presents the 5 essential elements of an industrial automation supply chain framework. It provides information on the status quo of technology adoption, cultural trends, and challenges faced with respect to aspects such as supply chain strategy, planning and scheduling, maintaining supply chain agility, and increasing visibility of information across the supply chain. In addition, this study discusses emerging industrial automation supply chain models and their impact on various end-user segments.
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