Advanced Manufacturing and Mobility Business Minute

著者: EY Global Advanced Manufacturing and Mobility
  • サマリー

  • Join Advanced Manufacturing and Mobility EY leaders in exploring the critical business issues impacting our industry today. From the emergence of AI to the electric vehicle transition, supply chain issues and adapting to new business models, we dissect complex topics and offer practical insights to thrive today, tomorrow and beyond.
    2020
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あらすじ・解説

Join Advanced Manufacturing and Mobility EY leaders in exploring the critical business issues impacting our industry today. From the emergence of AI to the electric vehicle transition, supply chain issues and adapting to new business models, we dissect complex topics and offer practical insights to thrive today, tomorrow and beyond.
2020
エピソード
  • How to prioritize innovation in the great automotive value shift
    2024/07/22

    In this episode, EY Global Advanced Manufacturing and Mobility analysts Gaurav Batra and Anuj Chandna discuss the great value shift taking shape in automotive sector.

    The automotive industry is experiencing a significant shift in value creation, moving from traditional sources to emerging technology-driven opportunities. As this takes place, the full impact and the necessary responses from companies remain uncertain. It is important for auto players to identify emerging areas of value and assess whether there is sufficient technical capabilities and talent to compete in these new areas. It is also crucial to determine how they can adapt to not just endure, but also thrive during this period known as "the great value shift."

    To gain a deeper insight into evolving market dynamics, the EY organization conducted a detailed industry analysis, focusing on the emerging opportunities across the automotive value chain. The survey pinpointed 40 value pools that have been grouped into three segments: traditional, transitional and growth. The traditional category consists of well-established sectors that form the industry's foundation. The transitional segment indicates the early stages of a shift toward emerging opportunities, including hybrid vehicle production and new models of car ownership. The growth pool represents the forthcoming wave of value generation that will reshape the economics of mobility.

    Gaurav Batra, EY Global Advanced Manufacturing & Mobility Analyst Leader, and Anuj Chandna, EY Global Advanced Manufacturing & Mobility Analyst, delve into the details of the EY study and highlight the three mega value pools within the growth category that hold the most significant revenue potential for automotive companies.

    Key takeaways:

    • Companies need to reframe strategies to align with the evolving mobility landscape and create agile organizations that can adapt swiftly.
    • Industry players must adopt creative workforce strategies to attract and retain skilled professionals. Approaches, such as strengthening employer brand, collaborating with academic institutions and offering scholarships, are key to building a resilient workforce of the future.
    • Businesses must refine their portfolios in response to the value shift, with a focus on customer needs and the transformation of their operating models to be agile and responsive.

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    15 分
  • How digital technology can drive energy efficiency and sustainability
    2024/06/18

    In this episode, Craig Coulter and Sai Yadati from the EY Advanced Manufacturing and Mobility team, examine what industrial companies can do to accelerate their sustainability initiatives.

    As the urgency for carbon net zero mounts, industries are compelled to innovate and transform. The EY 2023 Sustainable Value Study reveals that the majority of advanced manufacturing and mobility (AM&M) companies are actively pursuing emission reductions, with a significant number targeting carbon neutrality and net zero within three decades. However, they face persistent challenges, including the lingering effects of the COVID-19 pandemic, inadequate energy infrastructure, geopolitical tensions over mineral resources, and a lack of high-quality environmental, social, and governance (ESG) data.

    In this installment of the Advanced Manufacturing and Mobility Business Minute podcast series, we hear from Craig Coulter, EY Global AM&M Strategy and Operations and Sustainability Leader, and Sai Yadati, EY Americas AM&M Sustainability Leader. They delve into the strategies industrial companies can adopt to meet their climate change goals, emphasizing the role of digital innovation, strategic partnerships and leadership.

    Coulter presents five key methods for harnessing technology to further sustainability, advocating for initiatives that extend beyond mere regulatory compliance. Both he and Yadati highlight the critical role of leadership in cultivating a culture that embraces innovation, risk-taking and change.

    Join us to learn how fostering collaboration between digital transformation and sustainability teams, investing in employee skills development and establishing strategic alliances can pave the way for companies to expedite their journey toward decarbonization.

    Key takeaways:

    • Challenges such as energy infrastructure limitations, conflict minerals and the need for accurate ESG data are obstacles to reaching climate goals, despite progress and investments spurred by recent legislation.
    • Digital tools are critical for energy transition, with examples showing significant reductions in emissions through smart energy management and the potential of virtual power purchase agreements for renewable energy sourcing.
    • Leadership plays a key role in decarbonization by fostering a culture of innovation and collaboration, essential for maximizing digital technology benefits and achieving sustainability targets.
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    16 分
  • How AI will transform industrials
    2024/06/04

    In this episode, Alison Clark, EY UK Advanced Manufacturing and Mobility Leader, explores the roadmap to overcome challenges and leverage AI’s potential in industrials.

    Driven by the rapid adoption of artificial intelligence (AI) and generative AI (GenAI) applications, the advanced manufacturing sector is experiencing a profound transformation. The emergence of these technologies is paving the way for a manufacturing renaissance, enabling new capabilities and enhancing traditional uses of AI.

    Approximately 49% of advanced manufacturing and mobility firms have integrated AI into their capital allocation, and 96% of companies are projected to elevate their AI investment by 2030.1,2 This shift toward AI-centric operations is poised to reframe the competitive landscape, with companies leveraging AI technologies to unlock new opportunities for real growth.

    This episode of the Advanced Manufacturing and Mobility Business Minute podcast series features Alison Clark, EY UK Advanced Manufacturing and Mobility Leader, who explores the strategic roadmap and challenges in the journey of AI adoption. Alison emphasizes the necessity of rich data, C-suite advocacy, skilled talent and a robust infrastructure and partner ecosystem to harness AI’s full potential.

    For successful preparation for AI integration, Alison outlines five key initiatives: establishing a value-realization office, aligning AI with business strategy, conducting skills assessments, developing a cohesive data architecture and building an AI partner ecosystem. Join us to discover why embracing AI is more than a trend-driven journey and requires a distinct approach tailored to each organization’s objectives.

    Key takeaways:

    • Companies face several challenges in adopting AI, including supply chain complexities, strategic alignment, talent scarcity and the need for robust IT infrastructure. Addressing these challenges is critical for successful AI integration.
    • Effective AI implementation thrives on robust data and efficient data distribution systems. It is vital to address data misalignment, elevate forecasting capabilities and manage inventory effectively for successful AI deployment.
    • The adoption of AI should be a strategic decision, not a trend-driven response. Companies must approach AI with a strategy that aligns with their business objectives.

    Sources:

    1. "How CEOs juggle transformation priorities – the art of taking back control, EYGM Limited," EY website, https://www.ey.com/en_gl/ceo/ceo-outlook-global-report.
    2. "Manufacturing in 2030 Project," Manufacturing Leadership Council website, https://manufacturingleadershipcouncil.com/manufacturing-in-2030-project/.
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    21 分

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