Automakers embraced Takata's cheaper technology almost 20 years ago despite signs that it was unsafe. The airbags are now at the center of the auto industry's biggest recall.

The discrete manufacturing industry is entering a new era. Major technological advancements have inspired innovations right through the supply chain, from robotics to 3D printing, automation to autonomous cars. This has exponentially expanded the choices available to consumers, both in the range and selection of products and sellers, but also in their ability to dictate when and where they purchase and receive their goods. The customer is now in charge.

Ten years ago, Continental Tire realized that manual, paper-based communications with suppliers weren't getting the job done with efficiency and accuracy. So it turned to an EDI-based business network for help.

It wasn't exactly a cast of thousands. But when The Volvo Group set out to slash energy usage at its North American manufacturing plants, it called on a wealth of partners from both the private and public sectors for help.

The stunning consumer response to Tesla's Model 3, the $35,000 sedan that was unveiled on March 31, appears to prove that Elon Musk's bold master plan remains on track. Moreover, it could well mark the day that electric vehicles went from being niche to mainstream products.