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Asia Manufacturing News
July/August 2017
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6 AUGMENTED REALITY
Augmented Reality is already changing the way we work.
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GLOBALISATION
Is Asia the new engine-room for globalisation?
DISRUPTIVE TECHNOLOGIES The rise of the machines.
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EDITORIAL ASIA
FIT FOR
GROWTH Time never stays still. Now why is that? In our rapidly changing world companies are always looking to stay relevant. Doug Green To not stand still. Not be caught short by their competitors. To have the best technology available, to be equal to – and at times – ahead of the pack. Sometimes rushing ahead is not the answer nor does it necessarily bring success.
MANUFACTURING NEWS JEZ Media
Managing Editor Doug Green Art Direction Kim Alves Advertising Enquiries Please visit www.asiamanufacturingnewstoday.com
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We are faced with so much change and activity. Industry 4.0, Augmented Reality, IoT, Robotics…where will it end? It doesn’t need to if your company adapts to the changes required to maximise your expertise and grow your business.
Asia Manufacturing News is published
For example, competition, digital disruption, pressure from shareholders to lower costs, increase margins.
articles and contributions and encourages
According to PWC, companies become Fit for Growth by doing three things consistently and continuously:
bi-monthly and offers the reader the latest in business and manufacturing news across ASEAN region. Asia Manufacturing News welcomes readers to share their development stories and opinions with fellow readers. Asia Manufacturing News uses information in good faith. We give no
They focus on a few differentiating capabilities.
guarantee of the accuracy of information
They align their cost structure to these capabilities.
result of any actions taken or not taken on
They organise for growth. Focus on what your company does better than your competitors. When you know what your company does well it gives you a goal that everyone in the company can focus on, to achieve the overall objectives. Everyone knows what drives the company’s strategy.
provided. No liability is accepted for the the basis of this information. Those acting on the information do so entirely at their own risk.
ASIA
MANUFACTURING NEWS
A very nice place to be.
For a copy of the Media Kit 2017 please email publisher@xtra.co.nz
Smart Manufacturing SM✓ Information, Technology and Human Ingenuity
CONTENTS 6 | AUGMENTED REALITY Already changing the way we work.
8 | ANALYSIS India will sell only electric cars in the future.
10 | MANUFACTURING TECHNOLOGY UP Tools invests in the right technology. RS Components extends rapid-processing range.
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13 | LOGISTICS What can we really expect from the Belt and Road? 15 | THE CIRCULAR ECONOMY Companies embracing and finding value. 16 | GLOBALISATION Is Asia the next engine-room for globalisation?
18 | DISRUPTIVE TECHNOLOGIES
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The rise of the machines – Lessons from history on how to adapt.
20 | EVENTS Vitafoods Asia Elevates 2017 Learning Programme.
23 | DEVELOPMENTS
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Hypertherm appoints master distributor in India. FARO Zone 3D for public safety professionals. Proctor and Gamble put employee safety first. Multi-Machine order from China. Semarang Manufacturing Expo 2017. ACOEM Group opens subsidiaries in Germany and India.
BUSINESS BOOKS The Inevitable – Understanding the 12 technological forces that will shape our future.
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July/August 2017
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Image: Meta Augmented Reality
AUGMENTED REALITY
AR is set to be the next step in the evolution of computing
AUGMENTED REALITY IS ALREADY CHANGING THE WAY WE WORK For the past 50 years, computers have been add-ons to our lives, evolving from complex, room-sized machines to simplified, but powerful, pocket-sized assistants embedded in every facet of our lives. Augmented reality (AR) is set to be the next step in the evolution of computing, and will arguably be the most intuitive and collaborative computing experience. In fact, much ink has been spilled on AR’s limitless potential, while countless hours of screen time have been dedicated to imagining how AR can better our lives. Even among our customers, we’ve noticed that both application developers and business decision-makers see AR as a tool for enhancing productivity. However, there’s no need to continue imagining AR’s potential for improving the way we work – AR is already enhancing productivity at the workplace. Here are some of the ways AR is being used today:
Maintenance and Assembly Like most solutions, AR’s entrance into the workplace was conceived out of a challenge a company faced. In 1990, factory workers at Boeing had to rely on painstakingly complex airplane wiring instructions that were displayed on large plywood boards. At each step of the manufacturing process, workers had to manually rewire each board – no easy task given the deadlines, complexities, and inefficiencies. Two Boeing researchers,
Tom Caudell and David Mizell, introduced AR and AR headsets to the factory floor (and subsequently coined the term “augmented reality”). Factory floors arguably became the first places where AR was used daily to enhance worker productivity and streamline supply chains. Fast forward to today, companies like General Electric (GE) have increasingly incorporated AR(through both mobile devices and headsets) as part of their factories’ workflows and processes. And it’s no surprise given that numerous studies have shown that the use of 3D instructions, i.e., the kind displayed through AR, can amplify people’s efficiency and ability to focus on tasks.
3D information wasn’t meant for 2D screens While factory workers, technicians, and maintenance workers have used AR for decades, you’ll rarely find AR being used by office workers. After all, why would office workers need to wear headsets that display holographic information? And coupled with the fact that the computers and corresponding software applications office workers have been using seem rather intuitive, it doesn’t really make sense to use AR in the office – or does it? Architects and designers have been turning to AR to overcome some of the productivity
Factory floors arguably became the first places where AR was used daily to enhance worker productivity and streamline supply chains.
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Asia Manufacturing News
July/August 2017
limitations inherent to working with 3D models and designs in 2D (our brains have evolved to become finely attuned to navigating the 3D world around us). And while powerful CAD and modeling software like SolidWorks and Revit (along with more traditional tools like pencils and paper) continue to help architects and designers, AR architectural applications like Schema – which enable users to quickly concept, prototype, and build 3D structures in the first stage of the architectural design process – are further streamlining architects’ existing workflows.
That’s a consideration that Great Wave, a professional services firm with extensive experience in developing business and productivity apps, has taken into account as part of their work on data visualisation for AR. They recently built an application, Analytics AR, that takes organizations’ Salesforce sales data and visualises the data in AR so that users can do what they’ve always wanted to do: touch and directly manipulate the data they’re analysing. Not only does Analytics AR make data analysis and visualization more compelling, but it allows people to literally dive and dig into their data.
What does data visualisation look like in AR?
Futureproofing Your Workforce
It’s one thing to analyse rows of data across several Excel sheets. It’s another thing creating charts and graphs that clearly communicate what the data means. And while it’s considered best practice to refrain from displaying 3D bar charts or lines on a 2D surface such as papers and screens, those 3D bar charts and lines become useful and add an extra layer of informational cues that help people better understand the data they’re interpreting.
With the Fourth Industrial Revolution well under way, now is the time to futureproof your workforce and plan out how you can leverage AR to enhance worker productivity and optimize existing workflows and processes. With tech luminaries like Apple and Google developing AR headsets and platforms, AR is undoubtedly shaping to be the next computing platform – so why wait to incorporate it into your workforce?
ENERGISING SMART MANUFACTURING The physical and digital worlds are accelerating fast, now colliding head-on. In manufacturing, this collision and resulting fusion represent the frontier of innovation and reinvention. Exemplifying this physical-digital collision is the use of “Augmented Reality” to design, manufacture, and service products. Augmented reality (AR) as real-time use of information with real world objects is a live direct or indirect view of a physical, real-world environment whose elements are supplemented by computer-generated sensory input such as video, images, graphics, sound, CAD, BIM, GPS, or other data. AR is a virtual reality (VR) technology. VR provides a computer-generated 3D environment that surrounds a user and responds to that individual’s actions in a natural way, through devices such as head-mounted displays, head tracking, and gloves providing haptic feedback. While augmented reality is still growing and changing, the
manufacturing and design industry have jumped in as key users. In manufacturing, AR is already making strides, driving operational efficiency by reducing production downtime, quickly identifying problems, and keeping processes moving. Increasingly, the “model-based digital twin” powers AR. These digital twins live with the physical asset, providing a dynamic self-teaching model used to optimise its performance in conjunction with an Industrial Internet of Things (IIoT) platform. The model-based digital twin improves design, operations, and servicing via feedback loops between the physical world back to the virtual (digital) world. This combination of machine learning, coupled with physics-based modelling, enables organisations to see how their products performed in the past while simultaneously predicting the future.
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Students need more than tech prowess to thrive.
ANALYSIS
INDIA WILL SELL ONLY ELECTRIC CARS IN THE NEAR FUTURE
In India, almost as many people die from air pollution as cigarette smoke.Image: REUTERS/Rupak De Chowdhuri
Every car sold in India from 2030 will be electric, under new government plans that have delighted environmentalists and dismayed the oil industry. It’s hoped that by ridding India’s roads of petrol and diesel cars in the years ahead, the country will be able to reduce the harmful levels of air pollution that contribute to a staggering 1.2 million deaths per year. India’s booming economy has seen it become the world’s third-largest oil importer, shelling out $150 billion annually for the resource – so a switch to electric-powered vehicles would put a sizable dent in demand for oil. It’s been calculated that the revolutionary move would save the country $60 billion in energy costs by 2030, while also reducing running costs for millions of Indian car owners.
India’s Energy Minister Piyush Goyal says the government will financially support the initiative for the first two or three years, but the production of electric vehicles will be “driven by demand and not subsidy” after that.
Image: Shutterstock
Air pollution a big problem in India More than a million people die in India every year as a result of breathing in toxic fumes, with an investigation by Greenpeace finding that the number of deaths caused by air pollution is only a fraction less than the number of smoking-related deaths. The investigation also found that 3% of the country’s gross domestic product was lost due to the levels of toxic smog. In 2014, the World Health Organization determined Image: Bloomberg 8
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that out of the 20 global cities with the most air
Asia Manufacturing News
pollution, 13 are in India. Efforts have been made by the country’s leaders to to improve air quality, with one example coming in January 2016 when New Delhi’s government mandatedthat men could only drive their cars on alternate days depending on whether their registration plate ended with an odd or even number (single women were permitted to drive every day). While such interventions have enjoyed modest success, switching to a fleet of purely electric cars would have a much greater environmental impact. Indeed, it’s been calculated that the gradual switch to electric vehicles across India would decrease carbon emissions by 37% by 2030.
July/August 2017
implications of a move away from petrol and diesel cars will be. However, Asia has long been the main driver of future oil demand and so developments in India and China will be watched extremely closely.
Oil firms facing uncertain future As India’s ambitious electric vehicle plans begin to take shape, oil exporters will be frantically revising their calculations for oil demand in the region. In its report into the impact of electric cars on oil demand, oil and gas giant BP forecast that the global fleet of petrol and diesel cars would almost double from about 900 million in 2015 to 1.7 billion by 2035. Almost 90% of that growth was estimated to come from countries that are not members of the OECD (Organisation for Economic Co-operation and Development), such as India and China. China is also gearing up for a move away from gas-guzzling cars. Last month, the Chinese confirmed they intend to push ahead with plans that will see alternative fuel vehicles account for at least one-fifth of the 35 million annual vehicle sales projected, by 2025. Oil bosses claim it’s too early to tell what the
Image: BP
Image: EVvolumes.com
ASIA
MANUFACTURING NEWSin October The Future of Manufacturing
The Circular Economy
Developing Markets
Logistics
Company Profile
Industry 4.0
Deadlines Editorial and advertising deadline is 25 August 2017 Banner advertising to be addressed to publisher@xtra.co.nz
D J Green, Publisher
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MANUFACTURING TECHNOLOGY
UP TOOLS DELIVERS ON GROWTH STRATEGY BY INVESTING IN THE RIGHT TECHNOLOGY
U.P. Tool, a specialist South Korean tool manufacturer, is investing in automation to increase production while reducing man hours. Founded on August 1st 2012, UP Tools originally purchased one ANCA RX7 to make special custom tools and medical implants. Business partners Sung-Jae Lee and Byung-Seung Choi have since grown their facilities to have 12 CNC machines, including ten ANCA CNC tool grinders and two cylindrical grinders. Lee, joint representative director said: “We think our aggressive growth strategy - having installed 12 machines in three and a half years - has been challenging but we have learnt some important lessons along the way.” “Our Chief Technology Officer Byung-Seung Choi, has a lot of experience in tool processing technology and benchmarking the capabilities of cutting tools. To grow as rapidly as we have, Choi advised investing in more ANCA technology for its flexibility and efficiency.” “In the beginning we produced special custom and medical implant tools and from there we entered the standard end mill and customised cutter market. When the mobile sector started using smart phone technology we knew it was a good opportunity but needed the cylindrical function and laser measurement available in
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ANCA machines to enter that market. “ Investing in our machines gave us the capability to provide customers with optimized tools for mobile quickly with a fast cycle time while producing complicated shape processing. It set us apart from other suppliers. “Another challenge we face is keeping up volume without having people manage the machines 24 hours a day. The government in South Korea has mandated shorter working hours and even though we have grown to eight people we needed something else to enable us to meet our customer’s needs. “The automation available on ANCA machines has been a great help in this regard. With the automatic loading system and Management Suite software, tools like Production Monitoring will mean we can maintain our competitiveness with less operator hours but not being concerned about reduced quality. “Like other industries, the tool industry in constantly evolving, experiencing shorter product cycles and increasing demand for tools in a variety of shapes. “In addition, due to technological advances in 3D printing, competition with other industries is inevitable. To futureproof our business, we will continue to focus on research and development and invest in technology. Furthermore, given our success in Korea, we plan to aggressively expand our presence not only the US, Vietnam, Japan, Thailand, Hong Kong and China but also in other countries “Our motto at U.P.Tool is Promise, Trust, Relationship and Partnership and I think success of every business starts with the above four words. I look forward to continuing to work with ANCA so that we can continue to succeed together.” Lee concluded.
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MANUFACTURING TECHNOLOGY
RS COMPONENTS EXTENDS RAPID-PROTOTYPING RANGE WITH
3D PRINTERS FROM ZORTRAX
RS Components (RS), the trading brand of Electrocomponents plc, the global distributor for engineers, is extending its portfolio of high-quality 3D printers with two new high-reliability printers from Zortrax for a wide range of professional users. The printers provide design engineers with the ability to produce detailed, accurate and cost-effective rapid prototyping of their designs, enabling a shorter development process and quicker time to market. Engineers can quickly produce concept mock-ups, prototype products for functional testing or even low-volume production for a wide variety of applications across many industries such as automotive, industrial or robotics. Employing single-extruder LPD (layer plastic deposition) printing technology, the reasonably priced Zortrax M200 and M300 3D printers are reliable, efficient and offer exceptional quality with high dimensional accuracy and repeatable precision. This enables the high-quality printing of detailed elements that duplicate models without any loss of the original appearance, as well as completing extensive print jobs with almost no maintenance. The M200 pack is a fully integrated plug-and-play system that allows users to get up-and-running immediately and includes the 3D printer, starter kit, dedicated intuitive software bundle Z-SUITE, and compatible material. Specifications of the M200 include: workspace dimensions of 200 x 200 x 180mm; 90 to 400-micron resolution, wall thickness capability of 400 microns 12
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(minimum) to 800 microns (optimum); and single printable point resolution of 400 microns. Other key specifications include material diameter of 1.75mm and a nozzle diameter of 0.4mm. Physical dimensions of the printer are 345 x 360 x 430mm without the material spool and 345 x 430 x 430mm with the spool. In addition, there are a number of extra options available including the Hotend V2, perforated plate V2, and side covers, which keep a stable model temperature during the printing and cooling process to reduce the risk of warps and cracks. Materials are available in a wide selection of professional grades, qualities and colours to suit different design requirements, and include Z-ABS, Z-ULTRAT, Z-HIPS, and Z-PCABS. The Z-ULTRAT filament comes in pastel shades of yellow, pink, purple, blue and turquoise; Z-ABS in white and pure black; Z-PCABS is a polycarbonate ABS ivory filament; and Z-HIPS comes in black. The range also enables the selection of materials that offer high durability against mechanical stress or high resistance to temperatures or even chemicals. The Zortrax M300 3D printer builds upon the capabilities of the M200 and offers a larger workspace with dimensions of 300 x 300 x 300mm and 140 to 300-micron resolution, optimal wall thickness dimension of 800 microns, and single printable point resolution of 400 microns. The M300 is ideal for designs using the Z-HIPS material, and provides a spool preview to allow users to check the material usage and colour. The M300 pack comprises the printer, side covers, starter kit, key to Z-SUITE software, and two spools of material. Compatible with stl, obj, dxf and 3mf file types, both machines support Mac OS X/Windows 7 and newer versions, and have access to a helpful model library. Further accessories available for both machines include the Zortrax 40 x 40mm fan cooler and extruder cable with adaptor. The Zortrax M200 and M300 3D printers are shipping now from RS across EMEA and Asia Pacific. This new range strengthens the existing comprehensive selection of 3D printers and accessories stocked by RS: http:// hken.rs-online.com/web/generalDisplay.html?id=i/3dprinting.
LOGISTICS
Asia Manufacturing News
July/August 2017
WHAT CAN WE REALLY EXPECT FROM THE BELT AND ROAD? By Steve Huang
The value and growth potential of Belt and Road services match, and may even exceed, China’s optimistic forecasts. Investments in Belt and Road infrastructure will still face significant hurdles, including resource shortages and geopolitical uncertainty. Investors and logistics operators need skilled logistics personnel and robust partnerships to successfully build Belt and Road infrastructure. businesses that hope to benefit from it, can expect to China’s “Belt and Road” initiative will undoubtedly experience: transform trade between Asia and Europe, but at what price? T Massive growth he Silk Road Fund, set up especially for investments Businesses may be skeptical about China’s rhetoric in Belt and Road infrastructure, holds around US$40 surrounding the Belt and Road, but we have seen the billion at its disposal; some reports indicate that Chinese growth it offers first-hand. investors have already committed up to US$890 billion Since we launched the first West Corridor service to infrastructure projects along both routes. between Chengdu and Lodz in 2013, the demand for our Most of these projects, however, have yet to graduate Belt and Road multimodal rail services has gone up by from early stages of planning. What can investors and leaps and bounds. industry expect once the real work gets underway? While that growth might come from a small starting DHL first laid plans for Belt and Road infrastructure base, current demand trends suggest that by 2020, the in 2008, when we sketched out a series of multimodal market rail volume will grow to around 1 million TEUs. corridors that would eventually follow the lines of the In other words, the immense growth in rail traffic which Silk Road Economic Belt. we have already seen looks set to continue. To date, we have launched three such corridors If the Belt and Road can provide fast, cost-effective between China and Europe via Russia and Central and high-frequency connections between China and Asia, as well as an extensive road freight network that connects South-East Asia to these corridors. The process requires far more than constructing physical infrastructure: technology, trade negotiations, and specialist skills all played major roles in making our Belt and Road services into a reality. Our literally ground-breaking experience on the Belt and Road suggests that its investors, and the The volume of rail cargo between China and Europe could hit around 1 million TEUs by 2020. asiamanufacturingnewstoday.com
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high-precision 3D measurement and comparison of parts and compound structures within production and quality assurance processes. Europe – which we have shown they can – they will
The devices are used for become the default shipping option for numerous inspecting components and businesses. assemblies, production planning, inventory documentation, as If the Beltandand Road can well as for investigation reconstruction of accident sites provide fast, cost-effective and or crime scenes. They are also high-frequency connections employed to generate digital China and Europe – which scans between of historic sites.
have shown they can – they will With we FARO, 3D measurement and documentation canshipping be become theneeds default option fulfilled confidently. As a pioneer for numerous businesses. and market leader in portable computer-aided measurement, Pressure on resources FARO consistently applies the The sheer demand for Belt and latest advances in technology toRoad services means operators will likely face increasingly make its industry-leading product severe resource offerings more accurate, reliable, shortages, some of which our teams have already andexperienced. easy to use. Container shortages often threaten the ability to meet The focus is on simplifying demand. A lack of loading workflow with tools that and unloading capacity at interchange points, such as the Alashankou-Dostyk empower customers, thereby transit where the rail gauge changes from China’s dramatically reducing the on-site standard time gaugeand to Russia’s broader gauge, can create measuring lowering bottlenecks overall costs. that slow down the entire Belt. And the number of tracks and berths may prove
as well as continuously engaging governments and national forwarders along the routes to broker faster and more reliable connections. By doing so, we can tackle routes experiencing pressure from high volumes in multiple ways. Belarus’ current bottlenecks on the Eastern Europe corridors, for example, can be tackled by streamlining online customs and declaration processes, or by routing to alternatives like the Khorgos gateway in Kazakhstan. A wide variety of routes will be essential to avoid capacity bottlenecks on the Belt and Road The Belt and Road span so many countries and supply chain elements that without those partnerships, the pressure to deliver will simply overwhelm even the most well-funded projects.
Geopolitical uncertainty Territorial disputes and political tensions may vex even the most well-laid infrastructure plans, particularly when taking into account the breadth of countries involved in the Belt and Road. To succeed in this climate of uncertainty, investors and operators need a portfolio of solutions that complement one another’s routes. Our routes cater to customers in different markets and hinterlands, offering alternatives and contributing to a successful multimodal network. Building this portfolio of investments requires close collaboration with a range of countries. It takes time, but it significantly reduces the risks posed by geopolitical issues. Building the Belt and Road will not be easy. Infrastructural investments will only bear fruit if supported by good governance, a strong base of talent, and close partnerships with a range of public- and private-sector stakeholders. But when established, services along the Belt and Road can deliver huge amounts of growth. Our own multimodal portfolio is proof of that.
Worldwide, approximately insufficient as more and more vehicles ply both rail and 15,000 customers are operating ocean routes. more than 30,000 installations of Logistics operators can overcome this pressure if they FARO’s systems. The company’s have the right talent. Our employees’ skills make or global headquarters are located break the success of any of our multimodal shipments: in Lake Mary, Florida, with its they, more than anyone, know how to quickly procure European head office in Stuttgart, more containers, shift cargo between port, track, and Germany and its Asia-Pacific railoffice in record time, and comply with a range of customs head in Singapore. FARO while doing hasprocedures branch locations in so. Japan, We also partner with warehousing and last-mile China, India, South Korea, providers in EuropeVietnam, who specialise in those areas, Thailand, Malaysia, Canada, Mexico, United Kingdom, France, Spain, Italy, Poland, and The Netherlands. u Joseph Arezone, Senior Vice-President, Managing Director for FARO Asia Pacific
Community Planning, Sustainable Business and Waste Minimisation Strategies www.envision-nz.com
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THE CIRCULAR ECONOMY
Asia Manufacturing News
July/August 2017
COMPANIES EMBRACING, AND FINDING VALUE IN, THE CIRCULAR ECONOMY
Shifting to the circular economy could release $4.5 trillion in new economic potential by 2030. The circular economy – an economic model focused on designing and manufacturing products, components and materials for reuse, remanufacturing, and recycling – promises big opportunities for the private sector to drive new and better growth and accelerate innovation. Shifting to the circular economy could release $4.5 trillion in new economic potential by 2030, according to Accenture. But how do we take that vision of a circular economy – which imagines a world without waste – and translate that into profitable and scalable action? The U.S. Chamber of Commerce Foundation Corporate Citizenship Centre, a non-profit, is releasing a new report featuring case studies that illustrate how companies are translating their circular economy aspirations into action - and how that in turn drives greater resource productivity improvements, eliminates waste and inefficiency, and contributes to a stronger and more competitive economy. Let’s take a look at some of the companies featured in the report. Aramark: Reducing food waste Food services provider Aramark has set a goal of reducing food waste by 50% by 2030 from its 2015 baseline, such as by setting standards for ordering, receiving, preparing, serving and tracking food production. Through its partnership with food waste reduction experts LeanPath, Aramark is accelerating its waste prevention and minimisation efforts by integrating LeanPath’s tracking and analytics technology platform into its largest 500 accounts. Since 2016, Aramark has rolled out LeanPath’s platform across 161 sites, slashing its food waste on average by 44% and reducing the amount sent to landfill by 479 tonnes. In instances of overproduction, Aramark donates unserved food to local food relief agencies or for composting. Eileen Fisher: The path to 100% circularity Eileen Fisher take-back programme, in which employees and customers can bring back unwanted Eileen Fisher clothing for $5 store credit per piece, started in 2009 under the name Green Eileen. Funds raised from the programme are donated to organizations that support women, girls, and the environment. In 2017 Fisher Found was launched as the next iteration of Green Eileen, a circular take-back programme that focuses on reselling, renewing
(repairing slightly flawed pieces, for example), and remaking Eileen Fisher garments. Since 2009, Eileen Fisher has taken back over 800,000 garments and donated $2 million to its chosen causes. Eileen Fisher currently takes back 3% of the products it creates each year, and is working towards a goal to take back 100% of its output. Intel: Finding value in waste material Computer chip manufacturer Intel has set a goal to recycle 90% of its non-hazardous waste and divert 100% of its hazardous waste from landfills by 2020. Since 2008, Intel has recycled 75% of the total waste generated from its operations, such as through upcycling, recycling, recovery, and reuse. For example, Intel developed an onsite electrowinning system to recover solid copper for reuse from an aqueous waste stream generated by semiconductor manufacturing. The recovered copper can enter the metals market supply chain for reuse in other industrial or commercial applications. The copper recovery process has been replicated at Intel’s microprocessor manufacturing sites and more than two-thirds of the waste was recovered in 2016. Additionally, over the past 10 years Intel has donated more than 1,000 pounds of copper to Arizona State University for use in the creation of works of art. Johnson Controls: Closing the automotive batteries loop Johnson Controls has designed its conventional automotive batteries so that 99% of the materials can be reused. Customers can return old batteries that are collected by Johnson Controls and turned into new batteries. The company’s circular supply chain has pushed recycling rates for conventional batteries to 99% in North America, Brazil, and Europe in 2015, enabling Johnson Controls to produce batteries containing more than 80% recycled material. In partnership with suppliers, customers, and logistics partners, Johnson Controls has enabled hundreds of millions of batteries to be properly recycled and recovered into new batteries. The benefits include a more resilient raw material supply, job creation and economic development for local communities and suppliers, and a 90% reduction in energy by using recycled plastics instead of virgin plastic.
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SUBHEADING
IS ASIA THE NEW
ENGINE-ROOM FOR GLOBALISATION?
Countries like Singapore, along and largest international flows with its developing neighbours Test out local conditions before of any city surveyed, with Hong in ASEAN, are driving greater making significant investments. Kong close behind. “Hotspots” exhibit both great connectivity between Asia and the depth and volume in their rest of the world. connections with other cities. The world’s economies remain highly connected “Initiatives like the ASEAN Economic Community despite rumours of globalisation’s demise. That’s one of (AEC) and Belt and Road foreshadow greater the main findings of DHL’s latest Global Connectedness cross-border economic ties between East Asian Index (GCI), which charts the progress and current state countries, supported by increasing integration across of globalization using hard data about trade, capital, supply chains and migration policies,” says Ghemawat. information, and people movements worldwide. “At the same time, Singapore and Hong Kong have The latest GCI discovered that despite growing engineered a renaissance in digital investment that’s protectionist sentiment in some parts of the world, seen them become hubs for information flows as well as globalisation has continued to advance. more traditional trade and capital. “Asia Pacific economies have grown increasingly “All this bodes well for businesses operating in connected to the rest of the world as their industries East Asia: from here, they can extend their reach into and talent bases mature,” says globalisation expert numerous other markets while taking advantage of Professor Pankaj Ghemawat, who led the research on increasingly vibrant local conditions.” the GCI. “Given the rhetoric that we’re seeing in Europe and America, businesses should expect an even greater role for Asia in globalisation moving forward, creating significant opportunities for sales and supply chain networks based in the region.” The region’s geography and cultural commonalities have lent themselves well to greater interconnectedness. Of the five countries that outperformed expectations most on the depth dimension of global connectedness, four of them hailed from South East Asia: Cambodia, Vietnam, Malaysia, and Singapore. Countries in East Asia and the Pacific also have, on average, the second-highest intra-regional share of international flows in trade, capital, information, and people. And Singapore turned out to have both the deepest 16
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Diversify, don’t over-rely The benefits of greater global connectedness extend beyond higher foreign investment and broader talent bases. Highly-connected economies, for example, tend to also encourage innovation: 8 of the Index’s top 10 most connected countries overlap with Bloomberg’s Top 20 countries for innovation. There are, however, risks associated with high levels of connectedness: businesses and economies may find themselves more sensitive to conditions and events in other markets that are outside their direct control. Vietnam’s exports, for example, took a major hit last year due to a single event: the recall of the Galaxy Note 7 by Samsung, whose exports make up around 20% of the entire nation’s shipments. Continued on page 30
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SUBHEADING
THE RISE OF THE MACHINES:
LESSONS FROM HISTORY ON HOW TO ADAPT Disruptive technologies are dictating a new future for humankind. Almost every day we hear of new advances that blur the lines between the realms of the physical, the digital and the biological. Robots are now in our operating rooms and fast-food restaurants. It’s possible, using 3D imaging and stem cell extraction, to grow human bone from a patient’s own cells. 3D printing is creating a circular economy - rather than the linear model of making things then throwing them away - by altering how we use and recycle raw materials. This tsunami of technological change is clearly challenging the ways in which we operate as a society. Its scale and pace are profoundly changing how we live and work, and signposting fundamental shifts in all disciplines, economies and industries. In what we now call the Fourth Industrial Revolution, we will see the confluence of several technologies that are coming of age, including robotics, nanotechnology, virtual reality, 3D printing, the Internet of Things (IoT), artificial intelligence (AI) and advanced biology. Although at different stages of development and adoption, as these technologies bed in, becoming more widespread and convergent, we will see a radical shift in the way that individuals, companies and societies produce, distribute, consume and re-use goods and services.
alarm levels ratchet up. A University of Oxford study estimated that close to half of US jobs could be lost to automation over the next two decades. In the opposite camp, economists like James Bessen argue that, on the contrary, automation and jobs often go hand in hand. It’s impossible at this point to predict what the overall impact on employment will be. Disruption will happen; of that we can be certain. But before we swallow all of the bad news, we should take a look at history. Because this tells us that it is more often the nature of work – rather than the opportunity to take part in work – that will be impacted.
Each industrial revolution has brought attendant disruption, and the fourth wave will be no different.
Will the new industrial revolution destroy jobs? These developments are prompting widespread anxiety about what role humans will have in the new world. As the pace of change accelerates, so the 18
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How industrial revolutions changed the nature of work The first industrial revolution took British manufacturing out of people’s homes and into factories, creating the beginnings of organisational hierarchy. People moved from rural areas to industrial ones, change was often violent – the famous “Luddite riots” in early 19th century England are a case in point – and the first labour movements emerged. The second one was characterised by electrification, large-scale production and the expansion of transportation and communication networks. It led to the birth of the professions – such as engineering, banking and teaching – created the middle classes, and introduced social policies and the role of government. And as electronics and information technology
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automated production during the third industrial revolution, many human jobs started to become service-driven. When automated teller machines (ATMs) arrived in the 1970s, it was initially viewed as a disaster for workers in the retail banking industry. Yet branch jobs actually increased over time as branch cost went down, becoming less transactional in nature and more about managing customer relationships.
What can we learn from history? Each industrial revolution has brought attendant disruption, and the fourth wave will be no different. We must remember this and use what we have learned to manage the change: · Focus on skills. Instead of focusing on the specific jobs that will appear or disappear, we should instead concentrate on the skills that will be needed, then educate, train and reskill the human workforce to leverage the new opportunities afforded by technology. HR departments, educational institutions and governments will be at the forefront of driving this. · Protect the disadvantaged. Experience points repeatedly to the need to protect the disadvantaged and create the time and means for them to adjust. As we have seen this year, it is more important than ever not to let inequalities create social groups who have lost all hope on the altar of progress. · Work together to create new ecosystems. Government will have a crucial role to play, along with business and civil society leaders, in driving the appropriate levels of collaboration, regulation and standards that will be needed to ensure that the fourth industrial revolution translates into economic growth and creates benefits for all. In democracies, change will be hard and slow. It will require a mix of forward-looking policy-making, agile regulatory frameworks and – above all – effective partnerships that cross our organisational and national boundaries. Politics, rather than technology, will determine the pace of change. Denmark is rightfully an often quoted example here, where its “flexicurity” system allows for a high degree of labour law flexibility, while offering citizens a safety net of benefits, training and reskilling. asiamanufacturingnewstoday.com
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EVENTS
VITAFOODS ASIA ELEVATES 2017 LEARNING PROGRAMME Singapore, 29 June 2017 – Vitafoods Asia, the only event dedicated to the nutraceutical, functional food and beverages, and dietary supplement industries in Asia, today announces the agenda for its 2017 Conference Programme. Now into its seventh edition, the highly-anticipated industry event will take place in Singapore for the first time from 5 – 6 September, in the Sands Expo and Convention Centre at Marina Bay Sands. This year, the conference programme differs from its usual format, as it will instead be divided into two segments: high-level Masterclasses and a Digestive Health & Microbiome Summit. This new approach was specifically developed to more accurately meet and exceed the unique needs and business objectives of industry visitors. Chris Lee, Managing Director, Global Health & Nutrition Network, said, “The motivation behind tailoring the conference programme is to allow for focused education, effective networking, and added flexibility. Under the new format, each platform will have a clear objective, while addressing key challenges within Asia’s nutraceutical, supplement, and functional food industry. “This way, we hope to offer conference attendees a better experience with content that is more streamlined, while allowing them sufficient time to attend the main exhibition.”
Four Masterclasses, One Summit
The Vitafoods Asia Conference 2017 will present an impressive panel of global industry experts from countries such as Australia, Germany, Sweden, Thailand, The Netherlands, and USA, across various segments and job functions. The power-packed conference agenda will feature four masterclasses held across the two-day event, and a full-day Digestive Health & Microbiome Summit. Speakers confirmed to date comprise senior industry figures, leading academics of renowned institutes, and representatives from distinguished companies and industry associations. Organisations presenting at the event include Euromonitor, Japanese Society of Anti-Ageing Nutrition, Lifesciences Asia Pacific Network (LAN), National University of Singapore, National Yang-Ming University, Newcastle University International Singapore, Singapore Institute for Clinical Sciences and Clinical Nutrition Research Centre at A*STAR, and the U.S. Food and Drug Administration.
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Vitafoods Asia 2017 Conference Programme Overview Format Date Topic Masterclasses 5-Sep Marketing Strategies Masterclass Focus on China: Market Access Masterclass 6-Sep Market Trends & Consumer Insights Masterclass Regulation & Ingredient Registration Masterclass Summit 5-Sep Digestive Health & Microbiome Summit Marketers looking to gain a cohesive understanding of how to optimize a successful path to market success, develop a campaign for every budget, and translate science into end-user benefits should attend the Marketing Strategies Masterclass. Those looking to uncover the potential of the China nutraceutical market through understanding the regulatory framework, restrictions, and how to achieve successful business growth can look forward to the Focus on China: Market Access Masterclass. Separately, the Market Trends & Consumer Insights Masterclass will cover in detail topics such as global nutraceutical trends driving sales in the Asia Pacific region, growth prospects across developed and emerging markets, and comparative consumer analysis on future pockets for growth within the region. Finally, through the Regulation & Ingredient Registration Masterclass, delegates can gain insights into the different nutritional requirements and market entry procedures in Southeast Asia, as well as the roadmap for bringing new food ingredients on the EU market. Attendees will also hear from leading industry lawyers on topical regulatory and legal updates. Affecting the overall health of consumers of all age groups, digestive health is considered one of the fastest-growing sectors within the global nutraceutical industry. Vitafoods Asia’s Digestive Health & Microbiome Summit, produced with the support of the International Probiotics Continued on page 30
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DEVELOPMENTS
CROWN ROLLS OUT EFFICIENT AUTOMATION Crown Equipment is giving order pickers their greatest update ever with new technology for the company’s pallet trucks that offers a substantial efficiency boost. The Crown QuickPick Remote Order Picking Technology utilises a special glove that remotely controls the movement of the pallet truck and is now being rolled out throughout the Southeast Asia region. The system uses task-automating technologies to simplify workflow and optimize the order picking process, thereby increasing productivity and reducing operator fatigue. QuickPick Remote is compatible with the Crown PC 4500 Series centre console rider pallet trucks and GPC 3060 Series low level order pickers. Crown’s designers saw the potential to integrate rider pallet trucks and low level order pickers with beneficial new technology in the same way it does with its counterbalance forklifts and reach trucks. Crown developed a system that literally puts the power to advance the truck in the hands of operators, even when they are not on the truck. While the QuickPick Remote system is simple to use, Crown engineers overcame considerable challenges in bringing it to fruition.
Order selectors simply press a button on the wireless transceiver glove to remotely advance the truck to the next pick location.
After pairing, operators simply double click the button embedded in the glove to move the truck to the next picking location. Because there are often random cartons in warehouse aisles, the truck needed to have a means of ‘sensing’ such obstacles and avoiding contact. This was achieved by mounting lasers to the front of the vehicle that inform the truck of any obstacles, activating the braking system. This technology enables operators to remain behind the forks, working in the optimum position for picking while maintaining a consistent rhythm and pace, resulting in increased productivity and reduced fatigue.
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HYPERTHERM APPOINTS ADOR FONTECH EXCLUSIVE MASTER DISTRIBUTOR IN INDIA Hypertherm, a U.S.-based manufacturer of plasma, laser, and waterjet cutting systems, is pleased to announce the appointment of Ador Fontech Limited (ADFL) as the exclusive master distributor in India for its Powermax plasma systems. Headquartered in Bangalore with operations across India, ADFL specializes in the manufacture and sale of welding equipment and consumables, as well as the provision of reclamation, fusion, surfacing, and spraying solutions. A first for Hypertherm, this partnership is part of the company’s strategic move to provide better support for end users in India, and to expand its reach across the India market. This decision is also in line with Hypertherm’s mission to provide customers with the world’s leading industrial cutting solutions, and reflects the company’s vision “Every Market is A ‘Home’ Market”, where Hypertherm aims to achieve true global operational capabilities in mindset, leadership, and talent.
Prior to this appointment, ADFL had already been distributing Hypertherm products in selected regions within the Indian market. P. Vishwanathan, Chief Operating Officer of Ador Fontech Limited, shared, “Ador Fontech has been working with Hypertherm since 2007 with great success. We are more than delighted for this opportunity to continue to grow and support Hypertherm’s brand throughout India.” ADFL will be responsible for developing and marketing Hypertherm’s Powermax systems to their sales network, including representing Hypertherm’s products at trade shows and open houses that their sub-distributors participate in. The company will also provide dedicated support for end users in the areas of training support, installation, and servicing. As part of ADFL’s key marketing strategy, Vishwanathan highlighted that they will focus on increasing sales of the Powermax systems and consumables to strengthen Hypertherm’s position as one of the finest cutting solutions provider in India.
FARO ZONE 3D FOR PUBLIC SAFETY PROFESSIONALS FARO now has availabile Zone 3D software. This revolutionary platform, through its advanced smart tools, is the first of its kind to enable investigators to move fluidly between 2D and 3D environments and enhance the quality of incident reconstruction analysis or presentations for public safety professionals. FARO Zone 3D dramatically elevates the visual impact of presentations, including courtroom exhibits, by enabling accurate 2D and 3D scene diagrams, 3D scene walk-throughs, and full scene reconstruction animations. FARO Zone 3D also enhances the ability of public safety professionals to plan for, and respond more effectively to, emergencies by creating accurate representations of real-world locations within local communities. Key leading-edge functionality includes: Advanced Smart Tools to Drive a More Confident Result • Precise diagramming and measurement tools • Blood spatter analysis tools • Bullet trajectory analysis tools • Dynamic momentum and skid crash analysis tools • Vehicle crush analysis tools
• Accurate scene replication with more than 10 million 3D models included or imported from free, online sources • Accurate 2D and 3D animations and walk-throughs Enhanced Flexibility to Drive a Faster Result • Easily draw and edit in 3D or in 2D and see both views simultaneously • Explore “what if” animation scenarios in real time with exact measurements taken from the scene • Quickly and simply import measurement data from other sources such as drones, satellite maps, or laser scanners • Import FARO laser scan data directly from FARO SCENE software • Backwards compatibility with FARO CAD Zone and ARAS applications Trial versions of FARO Zone 3D can be downloaded from http://www.faro.com/faro-3d-app-center/standalone-apps/faro-zone-3d.
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DEVELOPMENTS
PROCTER AND GAMBLE PUTS EMPLOYEE SAFETY FIRST AT ITS GILLETTE PLANT IN VIETNAM Global personal care products leader Procter and Gamble has partnered with crane safety and efficiency authority Konecranes to optimise workplace safety and efficiency at its new $US100 million Gillette Konecranes safety-oriented technology in the maintenance facility of the Ben Cat district plant in Vietnam. of Binh Duong province, Vietnam. Konecranes technology is also vital to the changing of Operating under the heavy injection moulds in its production areas. corporate signature “Your Safety, your Health, TRUCONNECT Remote Monitoring and Reporting your Family,” the plant operates safety-equipped CXT is being introduced to help customers improve overhead cranes to lift heavy injection moulds in its the productivity of their equipment by optimising production areas and to efficiently manoeuvre heavy crane usage, improving safety and optimising crane workpieces in its maintenance areas. maintenance. The P&G Gillette Ben Cat Manufacturing Centre – Procter and Gamble’s CXT’s – which feature variable which now employs more than 200 people following its runway speeds for efficiency in changing moulds in construction to celebrate Procter and Gambles 20th year and out of production – are essential to the smooth and in Vietnam in 2015 – uses remote control technology reliable functioning of the company’s operation,” says to swiftly and safely handle heavy maintenance Procter and Gamble Operations Manager Mr Hoang TN. workpieces which it can lift, turn, manoeuvre and “The safety, capacity and runway speed of the position using an eight ton CXT crane incorporating cranes are ideally suited to our needs,” said Mr Hoang. dual 3-ton and 5-ton hoists to provide the balance and “The compact overhead design gives us clear open precision required. workspace without floor traffic, such as forklifts. The The same proven reliability is built into the 10-ton cranes are very easy to use and very safe in service,” he CXT crane used to lift, shift and precisely place the nine says. injection moulding machines in the plant’s production CXT cranes with individual hoist capacities up to 80 area, where the company and has fused safety, tonnes — and complementary CXT wire rope hoists — ergonomic and reliability technologies into its CXT are designed for effective load handling, taking up only crane and wire rope hoist used to change in and change a small area of the plant. out moulds weighing 1.5 – 6.0 tons. The CXT 8-ton model used in the plant’s maintenance Procter and Gamble – which has worldwide sales area – incorporating dual, 3t and 5t hoists – offers exceeding $US 65 billion – has employed state-ofprecision remote control and manoeuvring of the-art manufacturing technology throughout its latest workpieces required to maintain optimum production investment in Vietnam, where it has committed more flow. than $360 million total investment building three The double hoist and slow starting speeds enable plants and strengthening the company’s reputation for maintenance staff to rotate the load with optimum spearheading innovation in the region. safety, optimising access and reducing downtime by The Ben Cat plant’s CXT cranes incorporate swiftly aligning maintenance tools with moulds. Konecranes’ most advanced family of remote service Mr Hoang demonstrates the simplicity of remote technologies, its TRUCONNECT Remote Services for control with Konecranes Vietnam Contract Sales enhanced safety, reliability and efficiency. Executive, Ms Tong Thi Ngoc Tien This latest innovation in crane maintenance and The user-friendly design of the CXT means Procter service includes a suite of remote services ranging and Gamble can perform routine maintenance tasks from periodic data reporting to real-time diagnostics, on-site to optimise uptime, while Konecranes is on hand technical support and production monitoring. 24
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locally to back up with bigger jobs when and if required, he says. CXT wire rope hoists are staple lifting devices used widely globally and throughout the Asia-Pacific in maintenance tasks, production lines, engineering industrial warehouses and factories. Their strength, compact size, speed, reliability and safety make them indispensable in assembly workshops where time and space is money. Konecranes’ product development has invested in speeding up and extending hoist operation cycles, and in crane safety and durability. Features that have resulted from this research and development include: Speed – The latest CXT wire rope hoists are available with adaptive speed ranges which improve productivity and save energy consumption Adaptive Speed Range (ASR) – a stepless hoisting movement control method. It allows very slow speeds which are important in moment of load lift-off and lowering. It also has the ability to lift up to 50% faster than traditional hoisting control. ASR is typically used in light to medium lifting. Extended Speed Range (ESR) – this is an extension of the ASR that allows even slower speeds. ESR is typically used in heavy to very heavy lifting. When more performance is needed out of the hoist, ESR is the choice. Positioning and area control – This feature is designed to assist the operator in positioning the load more efficiently and accurately. This allows the crane’s working area to be adapted to the varying physical layout of individual facilities and production lines.
VOLKSWAGEN
EXPANDS DEEP LEARNING COMPETENCE For future-oriented digital topics, the Volkswagen Group remains committed to artificial intelligence (AI). This is why Volkswagen IT is cooperating with US technology company NVIDIA with a view to expanding its competence in the field of deep learning. At the Volkswagen Data Lab, IT experts are developing advanced AI systems with deep learning. The Data Lab has been named the Group’s centre of excellence for AI and data analysis. Specialists are exploring possibilities to use deep learning in corporate processes and in the field of mobility services. For example, they are developing new procedures for optimizing traffic flow in cities. Advanced AI systems are also among the
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prerequisites for developments such as intelligent human-robot cooperation. In addition, Volkswagen has established a startup support program at its Data Lab. The program will provide technical and financial support for international startups developing machine learning and deep learning applications for the automotive industry. Together with NVIDIA, Volkswagen will be admitting five startups to the support programl. Both partners will also be launching a “Summer of Code” camp where high-performing students with qualifications in IT, mathematics or physics will have an opportunity to develop deep learning methods in teams and to implement them in a robotics environment.
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www.10thousandtrees.com
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DEVELOPMENTS
MULTI-MACHINE ORDER FROM CHINA SLM Solutions Group AG (“SLM Solutions”), a leading supplier of metal-based additive manufacturing technology, has recently signed a contract for a multi-machine order for a total of 10 multi-laser machines of the SLM500 model. The systems are being marketed via a sales channel partner in China. This is the first order in this magnitude that SLM Solutions has received for the SLM 500 machine type. Since its IPO, SLM Solutions has been pursuing the goal of further establishing itself in Asia and is already represented there with subsidiaries in Singapore, China and, since 2017, also in India. This major order is an important step for further growth in the region and is a proof for the high demand worldwide for additive manufacturing systems suited for professional industrial applications. The machines are to be delivered to a customer China and are to be accepted within the next 15 months.
SEMARANG MANUFACTURING EXPO 2017 PT Asia Megawatt Asia is organizer of the Indonesia’s Largest Manufacturing Expo 2017 at New PRPP Semarang – Central Java, will be held from October 17th - 19th 2017. The Manufacturing Exhibition will be held in Semarang considering that Semarang and Central Java city are the largest Industrial and manufacturing areas in Indonesia with a Field development of 2,700 Hectares new site for manufacturing plant. This event will be participated by various exhibitors from local and international companies in the field of Manufacturing ranging from equipment and supporting technology to the latest in the manufacturing process. Leading companies from within and outside the country can help maximise the potential of business Manufacturers in Semarang and Central Java. Semarang Manufacturing 2017, to be held simultaneously with 11TH Semarang Business Forum, is held annually by Semarang Chamber of Commerce & Investment Coordinating Board in Semarang and Central Java. The event will invite investors from Central Java and will also provide the open investment project in Semarang and Central Java.
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The SLM 500 multi-laser machines comprise the largest machine type that SLM currently produces. The benefits of multi-laser technology for the customer derive especially from productivity due to simultaneous deployment of up to four lasers with maximum 700W output each, and the high quality of the parts produced. The machines’ performance enables production costs per manufactured component to be optimised while at the same time offering freedom of geometric design.
ACOEM GROUP OPEN SUBSIDIARIES IN GERMANY AND INDIA ACOEM Group, experts in monitoring environmental parameters including noise, vibration and air quality continues its rapid international growth by opening two new subsidiaries in Germany and India. ACOEM Group has undergone continuous growth since it was founded in 2011, following Areva’s sale of its 01dB-Metravib activities. Today, the Group generates over EUR 87 million in global sales annually, 70% of which comes from six international subsidiaries based in Australia, Brazil, Germany, India, Sweden and the United States. Pursuing its international growth strategy, ACOEM Group announced the opening of two new subsidiaries: - Munich, Germany: Launched in April 2017, ACOEM Germany is led by Johan Loesal. Joel joined ACOEM in January 2016 to grow the ONEPROD and FIXTURLASER brands of ACOEM internationally. - Vadodara, India: ACOEM India started operations in February 2017 and is led by Samir Sabnis. Based one hour north of Mumbai by plane, ACOEM India will leverage the presence of stablemate company ECOTECH who merged with ACOEM Group also in February 2017. ECOTECH is an Indo-Australian company specialising in air quality monitoring.
BUSINESS Books
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July/August 2017
THE INEVITABLE:
UNDERSTANDING THE 12 TECHNOLOGICAL FORCES THAT WILL SHAPE OUR FUTURE - KEVIN KELLY,VIKING.
A guide through the twelve technological imperatives that will shape the next thirty years and transform our lives. Much of what will happen in the next thirty years is inevitable, driven by technological trends that are already in motion. In this fascinating, provocative new book, Kevin Kelly provides an optimistic road map for the future, showing how the coming changes in our lives—from virtual reality in the home to an on-demand economy to artificial intelligence embedded in everything we manufacture—can be understood as the result of a few long-term, accelerating forces. Kelly both describes these deep trends—flowing, screening, accessing, sharing, filtering, remixing, tracking, and questioning—and demonstrates how they overlap and are codependent on one another. These larger forces will completely revolutionize the way we buy, work, learn, and communicate with each other. By understanding and embracing them, says Kelly, it will be easier for us to remain on top of the coming wave of changes and to arrange our day-to-day relationships with technology in ways that bring forth maximum benefits. Kelly’s bright, hopeful book will be indispensable to anyone who seeks guidance on where their business, industry, or life is heading—what to invent, where to work, in what to invest, how to better reach customers, and what to begin to put into place—as this new world emerges.
Other Lab Girl -Hope Jahren, Vintage, 2017, nonfiction. Pachinko – Min Jin Lee, Grand Central Publishing, 2017, fiction. Thrive: The Third Metric to Redefining Success and Creating a Life of Well-Being, Wisdom and Wonder – Ariana Huffington. Universal Man: The Seven Lives of Jphn Maynard Keyes, Richard Davenport-Hines, Harper Collins. Easternisation: Asia’s Rise and America’s Decline from Obama to Trump and Beyond, Gideon Rachman, Other Press, 2017. Eion Musk: Tesla, SpaceX and the Quest for a Fantastic Future-Ashlee Vance, Ecco, nonfiction. Wild Ride: Inside Uber’s Quest for World Domination – Adam Lashinsky, Portfolio, 2017.
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Continued from page 16
IS ASIA THE NEW ENGINE-ROOM FOR GLOBALISATION? “The deeper your connections to other countries, the more likely you are to find yourself exposed to global economic trends, for better or worse,” says Ghemawat. “It’s essential for policymakers and business leaders to consider both breadth and depth in how they connect globally, to avoid becoming over-reliant on the fortunes of one economy or company.” Rising globalizsation also brings with it risks – like greater flow-on effects from global economic turbulence. Ghemawat points at Singapore as a good example of how to prudently manage globalisation: the country’s leaders recently unveiled plans to significantly ramp up investment in the skills and digitisation, while also maintaining fiscal reserves in the event of worsening economic conditions abroad. “Hubs like Singapore and Hong Kong have seen the effects of global downturns amplified on their shores in the past few years,” he says.
“They can’t afford to cut off their economies, but they can take measures to cushion the impact.” The same lessons apply to businesses: investing in a diversified “basket” of markets and maintaining lean infrastructure can unlock the benefits of greater connectedness while minimising their risks. New technologies like e-commerce have made it easier to connect with customers worldwide – more than 900 million of them by 2020 – than ever before, but companies shouldn’t be in a rush to expand. “Our Index’s results suggest that the future of globalisation is not only ambiguous, but more contingent on policymakers’ choices than ever before,” says Ghemawat. “Test out local conditions before making significant investments, diversify your sales across multiple markets, and find partners with highly-connected supply chain and data networks instead of trying to build your own from scratch. To thrive in today’s conditions, global businesses need to be more agile and adaptable to change than ever before – as do the policymakers who dictate the future of globalisation.”
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VITAFOODS ASIA ELEVATES 2017 LEARNING PROGRAMME Association, will shed light on the potential of this burgeoning market. Topics covered include the latest R&D and innovation within Asia’s digestive health market, new product development, gut microbiota, probiotics and prebiotics, and GI health. Participants will also get the opportunity to find out more about the Asian Microbiome Project, and learn to optimise their product development strategies with results from the project. In addition to the speakers’ presentations, the Summit will also include three engaging panel discussions featuring selected experts, as they explore various digestive health-related topics. The full programme and speakers list for the Vitafoods Asia Conference 2017 is now available on www. vitafoodsasia.com/conference. Early bird rates are valid from now until 21 July 2017.
Brand-New Presentation Theatres
Within the Vitafoods Asia expo, visitors will be able to embark on their learning journey with the addition of two brand-new presentation theatres this year. The Vitafoods Asia Innovation Theatre is a two-day content programme that is fully dedicated to looking ahead 30
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within the Asian nutraceutical and functional nutrition industry. It aims to provide an exploration of how the industry will develop in the coming years, while identifying core areas of growth and outlining the path to success. Presentations are grouped into core categories, including Open Innovation, Personalised Nutrition, and New Technology. Visitors seeking specific products and services can look forward to presentations by industry experts and new exhibitors, including a New Exhibitor Hour segment. Separately, the Vitafoods Asia Life Stages Theatre is specially designed to focus on the specific nutrition requirements needed throughout the stages of a person’s life. It will also include sessions focusing on regulatory guidance and marketing strategies that are of relevance to the various life stages. The Life Stages Theatre will feature 3 core themes – Infant & Maternal Health, Adult Health, and Healthy Ageing. Both the Innovation Theatre and Life Stages Theatre are free-to-attend for all visitors. More information on the sessions is available on www.vitafoodsasia.com/ attractions.
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ASIA MANUFACTURING NEWS • FEBRUARY 2014
Better Business Throughout Asia www.asiamanufacturingnewstoday.com
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