was recognized that there are many other areas where innovation is important for the future of the gateway. As such, the driver has been expanded to include policy setting and the regulatory environment. Therefore, the driver has been renamed from “Technological Innovation” to “Innovation”. It also includes further detail around the impact that innovation could have on manufacturing and the regional supply chain. Updated Definition • How will technology improve goods movement and handling? • How large will ships get and how will this impact supply chains? • What new transport technologies will emerge? • What innovations could disrupt transportation, logistics and manufacturing industries? • How quickly will the gateway adopt innovation in supply chain technologies? • How will innovation in areas such as regulation and public policy development impact the gateway? Port 2050 Scenario Update Initiative - 2015 14
Monitor Deloitte - Final Report Page 15 Page 17