COVID-19 is yet another reminder that businesses ought to invest in constantly innovating and disrupting their business models to remain relevant, as customers’ needs change in an ever-evolving market.
Digital Innovation Insights with Sello Lehong, Head of Innovation.
In our second episode of our digital innovation series Sello explains how we're using artificial intelligence and machine learning for transport management at Barloworld Automotive & Logistics.
Over the coming months, Barloworld Automotive & Logistics will be sharing a 12-part video series on Digital Innovation Insights, featuring Sello Lehong, Head of Innovation. In our first episode, we're taking a look at how 4IR and technology is changing the supply chain and logistics landscape.
The latest hot topic within the supply chain lexicon is Control Towers. The name itself evokes images of air traffic controllers keeping a sharp eye over air traffic, and indeed the concept is very similar. Croydon Airport was the first to introduce an Air Traffic Control Tower in the 1920’s so that it had a literal birds-eye view of flights so that the airport could better support pilots and ground crew and mitigate the risk of accidents. The concept quickly caught on and evolved to the highly technical discipline we know today.
Traditional pharmaceuticals are changing – the generics market continues to gain market share and advances in nanotechnology, stem cell research and other medical technologies are beginning to impact the production of mainstream medication. Consumer demand trends, changing legislation and geographic dispersion of patients are all changing the face of the industry, and indeed demanding the supply chain evolve with, if not ahead of, such market demands.