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View all search resultsAn industrial revolution has started to take place in many industries, one of them being in the supply chain. Looking at supply chain processes from manufacturing to delivery, many processes have extensively changed to become more sophisticated in ensuring effectiveness and eliminating redundant processes.
According to the International Federation of Robotics (IFR), the global use of robots in 2020 is estimated to reach 3 million units, tripling the figure of the last decade. The IFR believes this can potentially change the structure of the global value chain and affect international trade flows and investment.
Our university students still study in the same Socratic method of ancient Greece 3,000 plus years ago: the lecturer-centered learning, one seemingly-know-it-all professor, boringly dispensing outdated academic materials with little relevance in today’s Industrial 4.0 world.
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