In the coming decade, new trends will push manufacturers to improve collaboration significantly across the entire value network ecosystem. ARC Collaborative Value Networks Concept helps all parties to collaborate seamlessly.
ARC's decade-old CMM model positions the plant as a node within a collaborative value network. Much of the plant IT activity in the last decade centered on improving visibility into individual plant operations and better integrating plant and business systems. As a result, CMM was commonly invoked to help visualize the interactions of processes and systems within a single plant. In the coming decade, new trends will push manufacturers to improve collaboration significantly across the entire value network ecosystem. The CVN perspective complements and extends the CMM view to help visualize the Lifecycle and Value Network dimensions of collaboration.
Three trends - the shift in global economic power, increased accessibility and capability of IT, and increased influence of Millennials - will drive industrial companies to ramp up the pace of innovation in products, business models, and manufacturing strategies and processes. Robust, collaborative plant IT systems will become even more important to enterprise success than they are today. Engineering and supply chain systems will also play an important role in supporting the increasingly dynamic enterprise.
Because they already invest in their plant IT systems, leading manufacturers have a good handle on how they can address and improve operating excellence and compliance. Going forward, manufacturers will need to revisit these areas with an eye to increasing external collaboration and information sharing with consumers and other value network partners.
Be effective. Be proactive. Be responsible. This is the mantra for industrial companies in the coming decade.