Great video, my students often ask me if they should pursue a graduate degree centered on Industry 4.0. From Professor Sime: If I was 25 and just came off of a job rotation in a full time role, I would start thinking about a graduate degree (assuming I had an undergrad degree in SCM with already a strong data analytics foundation via a Business Analytics minor). Of course, do what is rewarded in the culture of your organization. Look at your boss’s resume and your boss’ boss’ resume. In general, I would not do a general MBA or even an MBA with a general SCM concentration. I like certifications associated with ISM, APICS/ASCM, CSCMP, etc., but I suspect that I would not actually learn much from the process of getting certified. These certs however would externally validate me as a SCM subject matter expert and that is worth a lot in industry. However, I would get a graduate degree in something that is quicker than the traditional 12 classes (i.e., a mini MBA or MS degree). I would also get it in something I am weak in and is likely to be important. So as of 2021, what would I do? I would do something like a mini MBA (9 classes, not 12) at Rutgers (high profile SCM school, great brand) in “Digital” Supply Chain Management. Note, their mini MBA has an entire course dedicated to SCM Finance. Good luck climbing up the corporate ladder if you cannot talk to your CFO. I like SCM Finance so much, I encourage my students to get a graduate degree in Finance if they already have world class technology skills. The “Digital” transformation is getting VERY popular these days. We have heard of Industry 4.0, but in reality it is Supply Chain 4.0, because nothing happens without the supply chain HEAVILY involved. For digitization to work, manual processes have to be digitized/automated and eventually analyzed. That is what companies are doing right now. Converting manual to digitized versions requires someone with a good knowledge on systems analysis and design, data storage and information retrieval. These are the topics usually covered in IT/CIS/CS majors. A lot of companies have gone past this stage, but they are facing the next problem - data analysis. Data are collected, but no one knows what to do with it. That’s where our Business Analytics minor comes in as an undergrad. If you lack these skills, go get your MS in Data Analytics before you miss the boat. These skills would include: big data/analytics, database management, data mining, project management, SQL, Python, PMO, Tableau, Power BI, etc. Fortunately, most of my undergrads walk away with these skills. Just like AI, the boundaries of what is and what is not Industry 4.0 (supply chain 4.0, digital transformation, digitized supply chain, etc.) is quite blurry. These days any product with even a tiny element of AI/ML is claimed to be an AI product. As a new field like supply chain digitization evolves, people are still trying to figure out the essential components that characterize it. This is the reason that people offer certificates in digital supply chain in all kinds of flavor. For example, Rutgers takes a high-level managerial approach, Missouri S&T takes an ERP+BI+PM approach, and NUS takes an analytics+strategic planning approach. One issue with the mini MBA in the Digital Supply Chain at Rutgers is not their high level managerial approach per se, but perhaps the usefulness on what they predict will be super useful. They could be wrong for example on dedicating an entire course to Robotic Process Automation. This reminds me a lot about the Business Process Reengineering or Business Process Automation course that people used to offer years ago. On RPA for example,… • Will there be a continuous or frequent demand for RPA at a company? • Will new RPA need to be created or existing RPA need to be tuned often? • What kind of robots are involved? Consumer robots, manufacturing robots, or a mixture of both? • Will the course need to teach realistic applications or BPR? What technologies? What kind of robots and for what purpose? If the answer is no and no to the first two questions, the skills will likely be taught and then forgotten. This is not to say that there is no environment that needs a constant or frequent RPA design and tuning, but I wonder what kind of environment that would be and how much a company would sustain doing that for long. If the RPA is done once in a few years for example, I am not sure of the utility/usefulness of such a graduate course other than showing people that they are teaching leading-edge topics. In conclusion, get a graduate degree because the data says it will make you more successful (in general). I would do it in something that you are bad at and will be very important. SCM Finance will always be important. In the near term, Industry 4.0, Supply Chain 4.0, and Supply Chain Digitization will transform SCM orgs and the skill sets required of them.

A good TED talk! Just wondering when and how the 4.0 get its maturity to support the idea it derived from. If you take a look at the principles of TPS (TOYOTA PRODUCTION SYSTEM) based on staff minds and skills to create value in any step they take in order to optimize process and build the competitive edge. Automatization in this particular matter such as 4.0 does not mean to be a step with the wrong foot, but is it ready to think in KAIZEN way - create value steps instead of speeding up waste? // The idea to write in here crossed my mind when recalling a visit in Japan, Nagoya, Motomachi TOYOTA plant with German process engineers who got to know that their internal logistics based on robots is way less efficient than this one we could see at TOYOTA created by shop floor people during KAIZEN sessions...Eiji Toyoda used to say "Before cars, make people" is it still valid?

I don't imagine people will just starve to death slowly as the jobs start being lost. People will adapt and retrain themselves.

@loop1479

4 жыл бұрын

If by "retrain themselves" you mean be reprogramed, yes, I totally agree. Not unlike the Chinese camps that "retrain"

@fiix7026

3 жыл бұрын

I am afraid not every trucker will have the brains to be an engineer or get a degree in mechatronics, no offense. Some people will just give up.

Being an automation engineer, I worry about the low skilled jobs which machines will be taking over which translates to more poverty and chaos. In parallel, the job which will be created will require high skill set. and in no way, a simple guy can learn those skills. No way, even for me as a professional guy, these things makes you go crazy before you learn them.

@ezekielmutopa8006

4 жыл бұрын

effecting and articulating change are difficult concepts to embrace but the industry should possess a radar and compass to improve the narrative and move together with people through the change. The responsible authorities need to set the right framework to cater for these changes, come up with holistic job creation strategies..For a business to be sustainable in the future, the business has to adapt, innovate, have predictive workforce plans for the business to remain competitive on the global market .so reskilling and upskilling is necessary to prepare for industry 4.0.automation is the future and as such, jobs will be lost but new jobs will be created as a result, so adapting to that change is important and aquire skills that best suit the 4.0.

It’s.....here!!!!

Sounds Great

What is difference between that examples given for the crane scenario

gods Work

My collage arranged a seminar on this topic today and I was hearing this word first time 😂🌹

Nobody think the future will be designed by people like this xD

Go for it if you have issues with production volume, safety or ergonomic issues. Other wise you spend more money on paying the maintenance engineers than the manual workers. Not to forget the high fixed cost which will take years to recover.

@fiix7026

3 жыл бұрын

Robot manipulators pay themselves off within 20 months. Look to Shenzen.

"machines will not be able to do the work on their on" and then comes AI

I agree with your sentiment, Sergio Sergio. Everyone cannot be retrained to do jobs that require very strong math skills. I think we are headed to a difficult period in human history. When we tune in and watch these videos there is a temptation to want to believe everything will be alright because an engineer such as this man says so. But there are many questions he isn't answering (or even asking). The number of jobs destroyed is going to be higher than what he is saying as the technologies will be used in other sectors as they are refined. And the engineers won't be needed in nearly so many numbers. That's the point of the tech to begin with. Increasingly, these TedTalks about Industry 4.0 are becoming pep rallies for people who consider themselves to be the up and coming masters of the universe. Everyone else is supposed to accept some kind of welfare pittance while they are all multimillionaires. That world isn't going to work out the way they think it will.

will they ever be connected or will greed and competitive business prevent a universal machine language or protocol from ever coming to light?

The typical argument is that AI will destroy lower skill jobs, but bring much more high skill jobs. The problem is that a significant percentage of the people who need lower skill jobs do NOT have the intelectual capacity to retrain themselves to take those higher skill jobs. You cannot expect the typical shop floor operator to become a robotics engineer.

@morena1569

8 жыл бұрын

There will allways be jobs for them who will not educate them self. Not all jobs will be replaced...

@zerge69

8 жыл бұрын

You say that not all jobs will be replaced by robots. Could you explain why not?

@morena1569

8 жыл бұрын

Would you like to have a deep conversation with me on AI/robotics and the future we may experience sooner than we think?. That would be great mate. Regards Trouble

@zerge69

8 жыл бұрын

Sure

@morena1569

8 жыл бұрын

Sergio Sergio Email me at David_andreas94@hotmail.com

Great talk but the helicopter in Africa😒

@davidorucho5593

Жыл бұрын

They usually imagine Africa is the middle of nowhere and without 'mechanics' 🤷‍♂️

Well, what I understand, it just goes for money. The problems we've today is just because when the economic became first place over the construction. Nowadays you can see still bildings and machines who had bin build more than hundred years ago. But try today to read youe "floppy disk" or to use software which is 15 years old - no chance!! Bridges who had been erected by the romans are still in use, bridges nowadays who are just 40 years old are broken down, why? They had been created with less money, less skill and less material!

Industry 4.0 is just a hype.

4:50 he's sleeping (( sweet dream ))))))))

@adityaojha2701

3 жыл бұрын

there r more

nda ngerti bahasa inggris :)

translate this video on Russian, please

@natedog1619

3 жыл бұрын

Basically, robots are coming to replace the average working man’s job. That will leave him and his family living off of the government’s assistance. This will take place across the globe in less than two or three decades I predict. It will become a socialist utopia with a surveillance grid so powerful you won’t be able to step foot outside of your home without an invisible drone probing your every move. Stock up on a handful of Kalashnikovs for you and your family if you still have a chance, it won’t be long and they’ll be banning guns and ammo. Best of luck from the USSA my man.

On that helicopter example, I would have added the easiest way to solve the problem with IoT / Industry 4.0: AVOID the break down at all. Predictive Maintenance will at least lower the risk of a helicopter breaking down in the middle of nowhere, because it would raise a warning before anything will happen.

6:48 dont let donald trump supporters hear this!

@natedog1619

3 жыл бұрын

That is a seriously narrow-minded insight. Why Trump supporters? What about a family man in Europe who works production labor for a living? His job will be gone and his whole family will be living off the government dole. Unfortunately that’s exactly what the global elites want; the average person stripped of their means to take care of themselves. Left wing politics has become the bane of modern civilization.

Yay we r gonna lose to those smart machines.Then lets make the "Smart Machines" make energy barriers around that crashed helicopter. and lets be fat and lazy! (totally not being sarcastic.)

Hate the photo generalizations he started with.

create billions of unemployment

@asdfasdfg4630

7 жыл бұрын

thats not on bosses cock

@alberto3071

5 жыл бұрын

We need non qualified blue collars no more. XXI is not a cosy place for a great percentage of the population

7 years passed, and still, grandmothers cant fix helicopters with VR set... BS talk

what a fake news... 4.0 is not about industrialization and automation... have you ever went to a Mechanical Engineer Course?

Industry 4.0 will make a lot of medium skilled jobs obsolete. 1 welder hat programs 5 welding robots and has help from 2 handymen will be more productive than 7 fully educated welders. Augmented reality glasses won´t educate a craftsman how to be an engineer or programmer.

He is gay!