Deloitte Supplement - January 6, 2020 - D9
Digitizing the end-to-end automotive value chain
when deciphered can be invaluable to a wide variety
unstructured data and big-data tools-crucial for the
of stakeholders. Companies that are successful at
type and scale of data generated by digital twins and
capturing and analyzing the data and information
digital threads-is gradually increasing, but still falls
can unlock exponential growth opportunities to
far short of anticipated demand. The challenge
accelerate along the innovation curve. However, this
extends to the shop floor as well. In fact, one of our
journey isn't without challenges.
recent studies forecasts a growing shortage of skilled
workers over the next decade-up to as many as 2.4
million unfilled jobs between 2018 and 2028, which
Overcome key challenges
could put US$2 trillion of economic output at risk.4
Many of the systems underpinning Industry 4.0
Leading automotive companies already have teams
applications are proprietary and can present
experimenting with certain advanced technologies
integration challenges. Peer consortiums, industry
and data. However, these efforts are often hampered
associations, and government bodies are all currently
by archaic corporate procedures. Removing such
working to establish sets of standards, sometimes
obstacles to properly evaluate and scale forward-
even competing sets, with no clarity on which will
looking digital pilots is imperative, but it can only be
prevail. Interestingly, not all challenges start at the
achieved with appropriate sponsorship and
advanced digital technology stage. Individual
governance. In other words, the right approach to
companies also face a number of fundamental
transformational change needs to be applied in a
challenges that threaten their ability to even
holistic manner to realize the maximum value of
think about embarking on a journey to implement
digital technologies.
digital solutions.
Tackling a small problem first is a time-tested way to
While lean management principles have been
begin a transformational technology journey. Small
popularized by Japanese automotive manufacturers,
successes can serve as proof points, leading to a
not every automotive company has taken full
greater willingness to take a chance on more
advantage of their potential value. The primary
substantive investments. By starting small and
foundation of the lean philosophy is the continuous
moving quickly, organizations can generate success
identification and elimination of nonvalue-added
stories that prove the value and importance of the full
waste through targeted problem-solving and
transformation. That said, the quickest way of ending
standardized processes. Lean principles can be
any emergent transformation is the company's
applied throughout the value chain, from R&D
inability to articulate its value to management,
through marketing, and even when thinking about
investors, and employees. As companies officially
the cost, time, and effort to implement advanced
stand-up transformation programs, the right
digital solutions.
determinants for success need to be established,
tracked, and tied back to the core enterprise value
Manufacturing companies also face a shortage of
propositions and growth drivers. Finally, as successful
talent to plan, execute, and maintain new digital
pilots are scaled, value attainment should be assessed,
systems. The number of engineers trained in handling
and the rollouts modified accordingly.
9
Deloitte Supplement - January 6, 2020
Table of Contents for the Digital Edition of Deloitte Supplement - January 6, 2020
Deloitte Supplement - January 6, 2020 - DCover1
Deloitte Supplement - January 6, 2020 - DCover2
Deloitte Supplement - January 6, 2020 - D1
Deloitte Supplement - January 6, 2020 - D2
Deloitte Supplement - January 6, 2020 - D3
Deloitte Supplement - January 6, 2020 - D4
Deloitte Supplement - January 6, 2020 - D5
Deloitte Supplement - January 6, 2020 - D6
Deloitte Supplement - January 6, 2020 - D7
Deloitte Supplement - January 6, 2020 - D8
Deloitte Supplement - January 6, 2020 - D9
Deloitte Supplement - January 6, 2020 - D10
Deloitte Supplement - January 6, 2020 - D11
Deloitte Supplement - January 6, 2020 - D12
Deloitte Supplement - January 6, 2020 - D13
Deloitte Supplement - January 6, 2020 - D14
Deloitte Supplement - January 6, 2020 - D15
Deloitte Supplement - January 6, 2020 - D16
Deloitte Supplement - January 6, 2020 - D17
Deloitte Supplement - January 6, 2020 - D18
Deloitte Supplement - January 6, 2020 - D19
Deloitte Supplement - January 6, 2020 - D20
Deloitte Supplement - January 6, 2020 - D21
Deloitte Supplement - January 6, 2020 - D22
Deloitte Supplement - January 6, 2020 - D23
Deloitte Supplement - January 6, 2020 - D24
Deloitte Supplement - January 6, 2020 - D25
Deloitte Supplement - January 6, 2020 - DCover4
https://www.nxtbook.com/nxtbooks/crain/an_20240429_supp
https://www.nxtbook.com/nxtbooks/crain/an3219542277LMDFA_supp
https://www.nxtbook.com/nxtbooks/crain/an3435609782TWTKL_supp
https://www.nxtbook.com/nxtbooks/crain/an2737646517HKDWS_supp
https://www.nxtbook.com/nxtbooks/crain/an2746596872HIAJD_supp
https://www.nxtbook.com/nxtbooks/crain/an4955867723FWRSS_supp
https://www.nxtbook.com/nxtbooks/crain/an1326535475LMTIM_supp
https://www.nxtbook.com/nxtbooks/crain/an3887461294KHGFY_supp
https://www.nxtbook.com/nxtbooks/crain/an3245837562PLINN_supp
https://www.nxtbook.com/nxtbooks/crain/an4756684734HIGTK_supp
https://www.nxtbook.com/nxtbooks/crain/an8475647221RWSTS_supp
https://www.nxtbook.com/nxtbooks/crain/an4475637112TIGSM_supp
https://www.nxtbook.com/nxtbooks/crain/an4472236451GHTLT_supp
https://www.nxtbook.com/nxtbooks/crain/an8875623549CBWAF_supp
https://www.nxtbook.com/nxtbooks/crain/an2713984755IBPIT_supp
https://www.nxtbook.com/nxtbooks/crain/an2365889566CBASA_supp
https://www.nxtbook.com/nxtbooks/crain/an2713985847ISTTW_supp
https://www.nxtbook.com/nxtbooks/crain/an9826351139SHNKT_supp
https://www.nxtbook.com/nxtbooks/crain/an4239576129HTSKA_supp
https://www.nxtbook.com/nxtbooks/crain/an4859867123HPGMF_supp
https://www.nxtbook.com/nxtbooks/crain/an9875632144BLASA_supp
https://www.nxtbook.com/nxtbooks/crain/an5948576134HMTFC_supp
https://www.nxtbook.com/nxtbooks/crain/an4958670126PBWGM_supp
https://www.nxtbook.com/nxtbooks/crain/an9384756453JBFPW_supp
https://www.nxtbook.com/nxtbooks/crain/an8395756432AMIHC_supp
https://www.nxtbook.com/nxtbooks/crain/an9405856762CSFLS_supp
https://www.nxtbook.com/nxtbooks/crain/an3873120954AMTCW_supp
https://www.nxtbook.com/nxtbooks/crain/an8097364512SITPF_supp
https://www.nxtbook.com/nxtbooks/crain/an3478925478LIALS_supp
https://www.nxtbook.com/nxtbooks/crain/an9894756324SSFTL_supp
https://www.nxtbook.com/nxtbooks/crain/an5847323487AICCS_supp
https://www.nxtbook.com/nxtbooks/crain/an3874321237DILDC_supp
https://www.nxtbook.com/nxtbooks/crain/an8784431649FWCWY_supp
https://www.nxtbook.com/nxtbooks/crain/an8392274512LCCSM_supp
https://www.nxtbook.com/nxtbooks/crain/an5623423988AMCTW_supp
https://www.nxtbook.com/nxtbooks/crain/an9384756213BALRS_supp
https://www.nxtbook.com/nxtbooks/crain/an9382218435SPOMB_supp
https://www.nxtbook.com/nxtbooks/crain/ANshowdaily80819
https://www.nxtbook.com/nxtbooks/crain/ANshowdaily80719
https://www.nxtbook.com/nxtbooks/crain/ANshowdaily80619
https://www.nxtbook.com/nxtbooks/crain/an3214543326LCFPC_supp
https://www.nxtbook.com/nxtbooks/crain/an9381127498RISGS_supp
https://www.nxtbook.com/nxtbooks/crain/an8473635224CDSLM_supp
https://www.nxtbook.com/nxtbooks/crain/an8373746387BIMHS_retail
https://www.nxtbook.com/nxtbooks/crain/an7698534210IRHTD_supp
https://www.nxtbook.com/nxtbooks/crain/an8447751218IHAGC_supp
https://www.nxtbook.com/nxtbooks/crain/an8576321197WMPRC_supp
https://www.nxtbook.com/nxtbooks/crain/an6399112438IRHAH_supp
https://www.nxtbook.com/nxtbooks/crain/an8736450912ADGJT_supp
https://www.nxtbook.com/nxtbooks/crain/an8700873122RNARH_supp
https://www.nxtbook.com/nxtbooks/crain/an1093836455HAGTA_supp
https://www.nxtbook.com/nxtbooks/crain/an9808765635GTJTW_supp
https://www.nxtbook.com/nxtbooks/crain/an6525367432FHMLB_supp
https://www.nxtbook.com/nxtbooks/crain/an8597421143MCFPA_supp
https://www.nxtbook.com/nxtbooks/crain/an4298726547VWGGA_supp
https://www.nxtbook.com/nxtbooks/crain/an7799856412ILBOV_supp
https://www.nxtbook.com/nxtbooks/crain/an2056982648AHHIA_supp
https://www.nxtbook.com/nxtbooks/crain/an5678154982IEHDT_supp
https://www.nxtbook.com/nxtbooks/crain/an0211270720DPISS_supp
https://www.nxtbook.com/nxtbooks/crain/an2325269754PSINO_supp
https://www.nxtbook.com/nxtbooks/crain/an5627892889EASBC_supp
https://www.nxtbook.com/nxtbooks/crain/an4778021396LTBFA_supp
https://www.nxtbook.com/nxtbooks/crain/an1549365874TIUIG_supp
https://www.nxtbook.com/nxtbooks/crain/an9685896971RTQAT_supp
https://www.nxtbook.com/nxtbooks/crain/an3126539765SSIKM_supp
https://www.nxtbook.com/nxtbooks/crain/an2348716424IHBFN_v2
https://www.nxtbook.com/nxtbooks/crain/an2713112513DPIAA_GEDsupp
https://www.nxtbook.com/nxtbooks/crain/an2713112513DPIAA_GIEsupp
https://www.nxtbook.com/nxtbooks/crain/an5740978765KIYTC_v2
https://www.nxtbook.com/nxtbooks/crain/an8786483429YWIRB_v2
https://www.nxtbook.com/nxtbooks/crain/an1441850607BCEKP_supp
https://www.nxtbook.com/nxtbooks/crain/an2231982341SHRK_supp
https://www.nxtbook.com/nxtbooks/crain/an9824752309LOLIKP_supp
https://www.nxtbook.com/nxtbooks/crain/an8849332574YIKP_supp
https://www.nxtbook.com/nxtbooks/crain/an3756575112SAIKPv2
https://www.nxtbook.com/nxtbooks/crain/an7389812526DOQKPv2
https://www.nxtbook.com/nxtbooks/crain/an7474633298JQMKPv2
https://www.nxtbook.com/nxtbooks/crain/an8763487432NAOKPv2
https://www.nxtbook.com/nxtbooks/crain/an3748383922LRGKPv2
https://www.nxtbook.com/nxtbooks/crain/an8347508927POTKPv2
https://www.nxtbook.com/nxtbooks/crain/an9610620377FSKKP_supp
https://www.nxtbook.com/nxtbooks/crain/an4981263095CBNKP_supp
https://www.nxtbook.com/nxtbooks/crain/an6723445245SDFLF_supp
https://www.nxtbook.com/nxtbooks/crain/an4862340134FSEJC_supp
https://www.nxtbook.com/nxtbooks/crain/an4596813450LQFCN_supp
https://www.nxtbook.com/nxtbooks/crain/an2348692346SDGCN_supp
https://www.nxtbook.com/nxtbooks/crain/an1634224522ASDLC_supp
https://www.nxtbook.com/nxtbooks/crain/an0267104334RTSJC_supp
https://www.nxtbook.com/nxtbooks/crain/an6029878560PGSCN_supp
https://www.nxtbook.com/nxtbooks/crain/an5214469855HGBKP_supp
https://www.nxtbook.com/nxtbooks/crain/an1062061234GSGBL_supp
https://www.nxtbook.com/nxtbooks/crain/an5038325406GSDCN_supp
https://www.nxtbook.com/nxtbooks/crain/an3992752354ASPLF_supp
https://www.nxtbook.com/nxtbooks/crain/an7986445324GHYCN_supp
https://www.nxtbook.com/nxtbooks/crain/an1455687392FTBTE_v2
https://www.nxtbook.com/nxtbooks/crain/an2289678453HBCLF_v2
https://www.nxtbook.com/nxtbooks/crain/an5633892673TBEKP_v2
https://www.nxtbook.com/nxtbooks/crain/an4663981572FBCJC_v2
https://www.nxtbook.com/nxtbooks/crain/ane_7746982457HCTBV_supp
https://www.nxtbook.com/nxtbooks/crain/an8994656823RVGCN_v2
https://www.nxtbook.com/nxtbooks/crain/an4566329884GVTLF_supp
https://www.nxtbook.com/nxtbooks/crain/an7466398157YCPTS_supp
https://www.nxtbook.com/nxtbooks/crain/an5334987156YBHBL_supplement
https://www.nxtbook.com/nxtbooks/crain/an2822679175GTHTS_bestpractices
https://www.nxtbook.com/nxtbooks/crain/an4893356182CJPCN_v2
https://www.nxtbook.com/nxtbooks/crain/an8388619274RBCCN_v2
https://www.nxtbook.com/nxtbooks/crain/an7833092572SPRBW_v2
https://www.nxtbook.com/nxtbooks/crain/an5533789923FTBLF_v2
https://www.nxtbook.com/nxtbooks/crain/an7884599237HYQJC_v2
https://www.nxtbook.com/nxtbooks/crain/an1335576249HBWKP_v2
https://www.nxtbook.com/nxtbooks/crain/an7855749033KPMLF_v2
https://www.nxtbook.com/nxtbooks/crain/an8946778932RBTTS_v2
https://www.nxtbook.com/nxtbooks/crain/an6735519136YBPMG_v2
https://www.nxtbook.com/nxtbooks/crain/an_20130318Top125
https://www.nxtbook.com/nxtbooks/crain/an3766500224HBPJC_v2
https://www.nxtbook.com/nxtbooks/crain/an_080612_supp
https://www.nxtbookmedia.com