Industry Transformation & Innovation in Mill Products & Mining
Looking across industries, digital disruption of business models happened first outside of mill products & mining. Digital photography, digital music, online consumer retail, and sharing economy for housing and transportation are wellknown examples of dramatic change.
In mill products & mining, industry transformation started slowly, and suddenly seems to happen all over the place. Digital transformation of customer experience and commerce is a good example.
For many years, sales of steel products happened through long-term contracts, on the phone, and through EDI. Today, most steel producers at the SAP Conference for Mining and Metals 2016 emphasized a sophisticated and differentiated multichannel sales strategy.
Disintermediation – cutting out the middle man, and selling to the consumer – are an emerging trend as well.
Process automation are common place in mill and mines since long. Autonomous trucks and forklifts, and advances in robotics are changing mine & mill operations dramatically today.
Finally, social media and the industrial internet of things offer first mover advantage for next level customer experience and process efficiency.
Do you wonder how digital transformarion can look like for you?
Check out the SAP Transformation Navigator and our Sample Transformation Guides.
Find below a few examples for industry transformation & innovation in our industries:
Breaking industry boundaries – product & process innovation examples from the mill industries
How Tesla and Google disrupt the building products industry, and how new business models could help
New sales and distribution models are transforming the building materials industry
Product innovation, customer experience innovation, business model innovation in building products
Why social media matters for building products
Disintermediation in Paper and Packaging
Opportunities and risks through eCommerce: Channel conflicts, arbitrage and disintermediation
How digital and industrie 4.0 impacts the textile value chain
Required re-skilling of industrial workforce for information enabled operations