Intelligent industrial assets drive sustainable service supply chains
Gerald Jackson
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Gerald Jackson: GE Digital
Journal of Supply Chain Management, Logistics and Procurement, 2020, vol. 2, issue 3, 225-232
Abstract:
With the rise of the Industrial Internet of Things (IIoT), industrial organisations are capitalising on its promise of boosting operational productivity while reducing cost and risk. More specifically, service and repair supply chains are harnessing machine data to develop a profitable business model that can sustain future disruption. This paper discusses how leading industrial companies are using the intelligence from machines, cloud computing and IIoT to enable predictive maintenance in their supply chains.
Keywords: Industrial Internet of Things (IIoT); operational productivity; service and repair supply chains; machine data; cloud computing (search for similar items in EconPapers)
JEL-codes: L23 M11 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jscm00:y:2020:v:2:i:3:p:225-232
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