Reinventing Manufacturing & Supply Chain
by: Marianne Wu and Ben Sampson
The New Industrial Playbook
40 North Ventures is committed to bringing venture-backed innovation to traditional industries. We believe that we are in the early stages of a new industrial revolution that leverages tech developed and proven in consumer markets to radically transform foundational pillars of our economy like manufacturing, transportation, the built environment and energy.
These industries are embracing data and digital technology which is leading to better business decision-making, more efficient operations and streamlined workflow and most critically better outcomes for customers. The new industrial playbook replaces centralized organizational silos with responsive networks and collaboration, augments human expertise with automation, and enables products and services to be delivered in response to customer needs rather than be dictated by the supplier.
Find the full blog post here.