Local production in transition; Digital value chains-good or bad for developing economies?
More than two thirds of world trade occur through Global Value Chains (GVCs) where production crosses borders before making it to final assembly lines. Digital developments are transforming these GVCs further by creating a new digital thread across the chain, allowing for applying advanced systems of traceability and improved logistics and planning.
The digital economy; SME’s opportunity for GVC integration?
SMEs account for 80-99% of firms in any given country, and 60-70% of global employment. While SMEs are usually under-represented in GVCs, the digital economy provides new opportunities for SMEs to play a more active role as propagators and instigators of 4IR. By using appropriate technologies, SMEs can become better integrated in GVCs. This would contribute to the goal of inclusive industrial development (SDG9) but also poverty reduction (SDG1) and reduced inequalities (SDG 10). This session will evaluate the questions of:
Can value chains approach agriculture adapt to climate change?
Can technology promote inclusive trade?
Hear from four finalists of the Mohammed bin Rashid Initiative for Global Prosperity as they demonstrate their ideas and solutions for the promotion of inclusive trade
Thrive or just survive? IoT trends for competitive advantage
The only way manufacturers can stay ahead of competitors and win market share in today’s quickly morphing markets is to embrace change. Those who wish to thrive and not just survive must leverage latest growth-inducing 4IR technologies. Join the industry trailblazers in this session to understand the latest trends in IoT technology and how it can assist manufacturers to grow sustainably and comply with the goal of innovation and inclusive growth (SDG9). The issues to be discussed include:
Innovations for peace and justice
Hear from four finalists of the Mohammed bin Rashid Initiative for Global Prosperity as they demonstrate their ideas and solutions for using innovation to promote peace and justice
Here comes the revolution; unleashing the power of intelligent machines
In the next few decades manufacturing will be virtually unrecognisable. The majority of advanced companies are planning investments in artificial intelligence in the next year. This presents a great opportunity to enhance societal prosperity and reinforce sustainable growth responding to the goals of economic growth (SDG8) and improved well-being (SDG3). Transforming conventional computing into a cognitive system in order to pave the way towards the large influx of data and the complexity of analytics, the new era of cognitive manufacturing will revolutionise the factories of the future. This session explores the following issues:
Sustainable and healthy food for all
Hear from four finalists of the Mohammed bin Rashid Initiative for Global Prosperity as they demonstrate their ideas and solutions
Hear from four finalists of the Mohammed bin Rashid Initiative for Global Prosperity as they demonstrate their ideas and solutions
Bring it on; Are you ready for 5G technology?
The 5G wireless communication standard is the next technological revolution in broadband communication and it’s already upon us with countries like Germany, USA and UAE already launching it in 2020. 5G is expected to open up whole new possibilities for industry and manufacturing. But is it all it’s hyped up to be? This discussion will focus on:
Setting the stage for GMIS2020
What are the achievements and targets in industrial value chain development? In a world of increasingly personalised manufacturing, what role will Governments and manufacturing companies play to support the development of global manufacturing? Why is digitalisation important? How does standardisation come into the foray? How will developing countries keep up with these trends? What will the global value chain look like in a few years’ time and how will developing countries be integrated within it?
Impact of digitalisation on global value chains
The collective impact of digitalisation will alter the global distribution and organisation of production and value chains. Technologies associated with 4IR pose both opportunities and challenges for countries participating in GVCs. The panel will discuss the implications of a likely disparity of 4IR technology adoption in developed and developing countries and opportunities to comply with the goals of inclusive industrial development (SDG9). Related issues are the following?
Old vs new in the age of 4IR
European countries are taking full advantage of 4IR technologies to support and advance their industrial sectors. Most European countries have set their own 4IR strategies, and as digital transformation brings new technologies, services, or business models to Europe, it requires a clear and supportive regulatory environment. Europe is in the midst of economic and political challenges that are forcing many countries on the continent to take stands towards global issues that will affect their industrial policies. These issues include an ageing workforce, migration, climate change, protectionism policies and international relations. This session will take a deep dive into these issues as they related to 4IR assimilation and dissemination throughout Europe.
Can Digitilisation save the planet?
The evolution of 4IR technology, such as IoT, big data analytics, and cyber–physical systems, among others, still have an unknown potential impact on sustainability and the environment and compliance with the goals of climate action (SDG13) and sustainable industrial development (SDG9). The pattern of current production and its sourcing methods is proving unsustainable and environmentally harmful. Society, public sector, and non-governmental organizations are demanding that the industrial sector produce in an economically, environmentally and socially sustainable manner. This requirement is genuine since it has become evident that production, when focused only on profit, leads to an unequal distribution of wealth, poor working conditions, the depletion of environmental stocks and the overexploitation of ecological services. The advent of 4IR, with its potential for efficiency, circular manufacturing and zero-waste, can be the long-awaited solution to many environmental concerns.
Think you’re doing enough to prepare for the digital future? Think again!
4IR technologies, including artificial Intelligence, robotics, and IoT, have the potential to enhance the capacity of informed decision making, affecting all industry sectors and demanding high skilled professionals to operate the machines. Organisations are at risk for underappreciating and underinvesting in this crucial area. Educational strategies and policies across the globe are required to keep up with the fast-changing employment needs of the industrial sector whose demand for technologically skilled professionals grows exponentially. Educational systems need to change towards new curricula and new means of continuous education complying with the goal of improved quality of education (SDG4). Related issues include the following:
Is the road to global standardisation paved with conflict?
The vast variety of 4IR technologies make it difficult for companies to choose technologies relevant for them. It is argued that standardisation of these technologies could help companies decide which ones are useful. This is more complicated than it sounds, given the large variety of technologies and their innovative and changing nature. This session will review the current trends in absorbing digital technology worldwide and evaluate the opportunities for a systematisation of such technologies through international institutions to create transparency and standards. The following questions are prevalent in this respect:
Do green value chains exist?
Many countries are adopting green economy strategies based on reuse and recycling of product materials to sustain resources for a better future. The industrial sector is a major stakeholder in the success of circular economy paradigms due to its heavy use of depletable resources and energy. This session examines 4IR technologies and their potential impact on circular economy, energy efficiency and sustainability.
Would you collaborate with your competition? The future of manufacturing in the age of digital value chains
The success of digital technology in manufacturing is dependent on factors such as overall adoption by all parties, investment costs, human resources deployed, skills development and more. One factor that stands out and merits further discussion is the role played by international cooperation between private sector, public establishments and international organisations to support dissemination of information, technology and skills worldwide complying also with the goal of partnering across countries and institutions (SDG17). This session will review the opportunities and challenges facing industry leaders and policymakers alike as they seek further collaboration to increase productivity and benefit from all prospects posed by 4IR across the globe.
Project finance; From ideation to partnerships
4IR machines, technology and equipment are revolutionising manufacturing by digitalising production processes, quality assurance, maintenance, planning, forecasting, innovation and discovery, time to market, supply chain efficiency, and many other aspects of the manufacturing eco-system. Digital data capture and data flow is enabling a degree of flexibility and efficiency that dramatically lowers production costs while increasing scale, agility and profitability. How quickly can that be sustainably achieved, and more importantly for most manufacturers, at what cost?
What every CEO needs to know about CSR for inclusive sustainable development Traditional CSR programmes of global companies have focused on humanitarian aid, education and improving living conditions of people in developing countries. However, large players in global value chains may need to consider their responsibility in the development of producers (suppliers) in developing countries and ensure they source sufficient products from people that are in need of development while helping them in the adoption of the right technologies to produce high quality outputs. Issues to be discussed during the session include:
Navigating the digital landscape of smart manufacturing
Innovation is paramount in modern manufacturing, but even the most ambitious manufacturers struggle with the technology, infrastructure, and executive support they need to realise their goals. IoT infrastructure is most-cited as the primary disruptor in manufacturing (16%), and most-cited as the number-one technology or capability manufacturers require to transition to the “factory of the future”. This session will tell the story of the challenges of this transition and how factories are utilising 4IR technologies, to create efficient, cost-effective and smart manufacturing facilities.
3D printing is old news! Say hello to 4D printing
It seems like it was only yesterday that the world of manufacturing started to hear about 3D printing, let alone use it in industrial manufacturing. Currently, innovators are taking steps to go beyond the 3D printing model into 4D printing, opening up a whole new world of possibilities for industrial use. This session will shed light on new trends in additive manufacturing and what they mean for the future of the sector.
Heavy industry and 4IR; inside the dynamics of a changing relationship
It’s not an easy job if you are an executive in the heavy industries sector. You are most likely looking at how to transform your frequently large and conservative operation into agile enterprises capable of meeting new competition and opportunity head on with faster, leaner and more resilient operations. You are also under societal and legislative pressure to conserve energy, use fewer natural resources and ensure environmental sustainability. This session will offer unique insight into these challenges:
AR in day-to-day manufacturing; save time, money and energy
The extra layer of digitalisation produced by using AR and its counterpart, VR, is not immediately visible when it comes to industrial machinery. This session will offer real-life case studies of augmented and virtual reality applications that have the potential to change the operational processes of factories and manufacturing facilities, saving time, money and energy.
Big data and making sense of it all
The amount of data produced by digital technology is massive. One of the main challenges facing organisations is how to interpret all this data and make use of it in ways to benefit them and their consumers. This in-depth discussion with industry leaders will shed light on:
Global Value Chains, digital technology and responding to the Sustainable Development Goals (SDGs)
The SDGs aim at a better and more sustainable future for all, and provide a global development framework that favors collective action by all countries. Adopted in 2015 by the United Nations General Assembly, this session will take stock of global progress on the SDGs with special attention to the links between the transformation of manufacturing and production chains with societal and economic goals. Main issues to be discussed in the session include:
Will the age of digitilisation put an end to the gender equality debate?
There is sufficient evidence that women and girls are often negatively affected by integration in global value chains. Either they lose jobs when companies start producing for global brands or they remain employed to do underpaid tasks requiring less skills. They often lack knowledge on how to apply digital technology for productive uses. This session explores the effects of countries integrating in global value chains on women employment and remuneration.
Migration and capacity-building along global value chains
While skilled workers move away from some countries they gather in others where they are often not used to their full potential. Global value chains also make international labor force move to new locations where better opportunities come into play. An example is the migration of skilled workers to Golf States or of digital natives from India to industrialiSed countries. Global value chain players take into consideration the availability and the development of skills when spatially organizing production networks across countries and continents. Also remittances can be used to finance building of local production capacities. The session takes stock of the development and mobility of skilled labor and discusses the following issues:
Is Asia the new ‘Western’ world?
Manufacturing has always been integral to the European and US economies. However, now manufacturers on both sides of the Atlantic stand at a critical point. As demographics and economic climates shift, trade barriers increase and partnering with technology leaders is less open-source and restricted, companies find it more difficult to innovate and stay competitive, especially in view of the competition in Asia. This session will review the challenges and opportunities facing European and US manufacturing, including:
Can manufacturing overcome conflict and instability?
Industrialisation is still nascent in both regions and most policy-makers believe that manufacturing will guarantee job-creation and future prosperity for their countries. However, both regions are riddled with issues and challenges, including armed conflict, political instability and declining economic conditions. If trade between the two regions could be intensified, could there be benefits to be realized from the differences in economic structures and specialisations?
Will digital transformation bridge the economic divide? It is claimed that 4IR technology has the potential to reinvigorate SEA’s manufacturing, potentially delivering productivity gains worth $216 billion to $627 billion. On the other hand, Latin America seems to be far from picturing such benefits. Is it that technological advances have less benefits in Latin America? Structure and skills wise, Latin America could eventually reap much more benefits from 4IR and become better integrated in global value chains. The two regions, given their different economic structure, could also improve the exchange of manufactured goods and technologies. The session will explore different growth path and strategies for development in the two regions with particular focus on:
Blockchain for manufacturing; transforming the industry
According to Forbes, by 2023 30% of manufacturing companies with more than $5B in revenue will have implemented 4IR pilot projects using blockchain. Is all the hype around blockchain real? This session will shed light on the following:
Is the chemicals industry ready for the future?
For many years the global chemicals industry has been fighting declining margins, product commoditisation, rapidly expanding competition in developing countries, and customers demanding more at lower prices. Although a wide range of digital advances — including the Internet of Things (IoT), cloud computing, big data, and wide-area networks — are transforming virtually every industry, chemicals companies have by and large stayed on the sidelines. This session will offer an insider view into the changes taking place in the chemical industry and the impact 4IR may have on tipping the scales in its favour.
Cost, safety, workforce; the Bermuda triangle of self-driving cars
It has been well documented that self-driving vehicles will have an immense impact on individual consumer travel, but it will also greatly impact logistics and supply chain management as well. Why and how will supply chains be impacted? What effect will this have on the current workforce? This session will focus on:
Supply chain in transition; the future is digital
How is digitisation altering specific steps in the value chain, and even optimising the makeup of the chain itself? The marketplace is seeing vibrant innovation in many specific areas; how can these unique innovations be integrated to help create an end-to-end digital value chain that creates unparalleled business opportunities? What are the possibilities for companies when digitisation does not just improve one part of the value chain but optimises multiple aspects of it?
The age of robots
Manufacturing automation has been common since the 1970s. Advances in technology, including robotics, big data, machine learning, AI, and the IoT have improved factory production since then. This session will shed insight on robotics trends that are driving the evolution of manufacturing automation.
Cybersecurity; the lynchpin of the digital enterprise
Digitalisation may render current industrial safety regulations obsolete due to emerging trends that pose new challenges to the management, use and protection of data. In this context, regulation of industrial safety needs constant adoption of innovative approaches to improve effectiveness and invest in building their monitoring capacities for ensuring industrial safety and security. The main challenge for improving cyber security in industry is the lack of information and uncertainty surrounding the possible impact of new human-machine interactions and the potential physical and psychosocial hazards for workers and users of new technology.
GMIS Declaration, Consensus Points and Actions
As the third Global Manufacturing and Industrialisation Summit draws to a close, this session will reflect on key take-aways, the GMIS Declaration and look ahead to GMIS2021. The official host of the 2020 will also make an official statement and ceremonial handover to the GMIS2021 host country.
© GMOL. Please note that this is a working draft programme and sessions, topics, dates and timings are all subject to change.