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Supply Chain Opportunities & Challenges in transport technologies Dave Wright, Coventry University. Introduction. Opportunities : Where they come from, rather than specific technologies Challenges : What they are and how we might address them, rather than specific technologies.
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Supply Chain Opportunities & Challenges in transport technologies Dave Wright, Coventry University
Introduction Opportunities: • Where they come from, rather than specific technologies Challenges: • What they are and how we might address them, rather than specific technologies
Opportunities • Will come from the continued growth in the demand for transport • World population growth: 2010: 6,800,000,000 2020: 7,600,000,000 2030: 8,260,000,000 During this period EU population remains fairly static
Opportunities • With population growth and economic growth comes growth in the demand for personal mobility. Vehicles per 1000 head of population
Opportunities • Huge growth itself generates other opportunities, for example: • Congestion and Capacity • Multi-Modal Systems • Business Models • Making and end to end journey as easy as buying a take-away pizza
Opportunities • KPMG Global Survey results quote: “72% of respondents see ‘Mobility As A Service’ as an alternative to car ownership”
Opportunities • Technologies such as: • RFID • GPS • Cloud computing • Proximity Detection • Communications; V2V, V2I • Control Systems • Smart Ticketing • Statistically-based predictive modelling
Challenges • If there are so many opportunities, what aren’t we falling over each other flooded with new and exciting product and service innovations? • Because the challenges are, well … • Challenging!
Challenges • Generic issues, affecting transport technologies just as much as anything else; • Access to Finance • Access to Market • Innovation • IP Ownership • Time • And, by the way, just where is the supply chain?
Innovation • 3000 ideas generate 100 projects, which in turn generate 2 product launches, of which 1 is successful • 1 of 3 launched products fail despite research and planning • 1 of 4 products that enter development make it to market • 46% of all resource allocated to new products is spent on failed products Stevens, GA and Burnley, J. “3000 Raw Ideas = 1 Commercial Success
Innovation • But, even the best sometimes get it wrong…
Time is precious..? • Most SMEs would rather give you Five Euros than Five Minutes
What to do? • Persevere • Encourage • Engage • Collaborate • Support • Horizon 2020 earmarks Euro 619 million specifically for innovation in SMEs
Thank you for your attention Dave Wright Coventry University / Coventry University Enterprises Ltd d.wright@coventry.ac.uk