Supply Chain Insights: Robotics and Automation – Prepare For Operations, Procurement Disruption [Plus+]
Tom Bonkenburg, head of European Operations for St. Onge, a privately held consultancy focused on supply chain strategy and logistics, gave us perhaps the most critical observation in his presentation at the Supply Chain Insights conference – why we haven’t seen more ASIMO-type automation – when he cleverly brought in an aspect of Moore’s Law that is relevant to automation. This “law” states that the price paid for a given level of computing power will be cut in half every two years – which in turn means that we are on the verge of attaining price-competitive robotics (versus humans) very soon. So which industry leaders are making this possible? This Spend Matters Plus research brief explores the potential for robotics- and automation-led disruption to forever change global supply chains and procurement – and why (and what) we should pay attention to today to get smart on the topic.