16min chapter

FYI - For Your Innovation cover image

How Proximity Will Transform Industries with Rob Wolcott

FYI - For Your Innovation

CHAPTER

Transforming Business Through Proximity

This chapter examines how the concept of proximity is reshaping business decisions by enabling timely responses to demand and guiding a shift from traditional manufacturing to localized production amidst global changes. It discusses the role of emerging technologies such as AI, robotics, and 3D printing in enhancing supply chain resilience and allows for customization and on-demand production. The chapter further explores how these innovations, alongside the tension of large-scale manufacturing versus proximate production, are redefining business strategies in the 21st century.

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