The triangulation between data, people and goods where data travels more exponentially than the other two redefines supply chain as mobility 4.0
The term Supply Chain morphs into Mobility as the economy turns circular. Data travels 40 times more exponentially than people and goods and converges the worlds of Travel, Transportation, Logistics, Materials/Manufacturing and Distribution & Reach through technology.
Industry structures and business models are being disrupted by innovation in new products and services, changing cost structures, lower barriers to entry and shifting value pools. Companies need to re-imagine how to create, distribute and capture value in this new environment. Navigation requires holistic and sustained insight & intelligence.
When the similar technology and processes enable people, materials and finished goods to work seamlessly across the line, where is the need to waste money in multiple lines of production? If you need proof, all you have to do is look at Amazon which has the capability of being a Bank, a technology company, a healthcare company or whatever it chooses to be. It has assiduously built its technology to span across the extended ecosystem or the seven stations of life including Environment, Education, Health, Wealth, Mobility, Technology and Governance.
In a technology centric world the architecture of Platform, Product, Process and Platform is a structure that industries will have to come to embrace quickly. They will either need to create capabilities to lead an ecosystem by with a platform or become niche players. This is not something that can be achieved overnight. Again Amazon and Google are great examples of this. The business models of B2B, B2C, P2P and C2C are being converged into a single B2B2C.
The World Bank projects the combined revenue of global businesses will be more than $190 Trillion within a decade. The scope of mobility moves from a support to a core process across every industry and this is the potential that needs to be realized starting now by creating an organization of the future.
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