INDUSTRY INSIGHTS YOUR PEERS ARE READING
Disruption is normally anathema in the supply chain. Formally defined as a disturbance or problem that interrupts an event, activity, or process, disruption means a supply chain that was once functioning smoothly is no longer doing so. MORE
Current projections have the global population surpassing 9 billion people by mid-century. Feeding all those people will be a major challenge and we have very few years available to find answers. There are no silver bullet solutions out there. MORE
There are several different stories about the origins of Valentine’s Day (or St. Valentine’s Day); but, the story I prefer involves love and marriage. According to the BBC, “The popular belief about St. Valentine is that he was a priest from Rome in the third century AD. Emperor Claudius II had banned marriage because he thought married men were bad soldiers. Valentine felt this was unfair, so he broke the rules and arranged marriages in secret. MORE
Most often when people discuss artificial intelligence (AI), they are discussing a subset of that field known as machine learning. Louis Columbus ( @LouisColumbus ) explains, “Enterprises are striving to find greater meaning in the massive amounts of data they generate and save every day. Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] MORE
With the approach of each New Year, business executives naturally start thinking about the future. Year’s end is a time to set goals and make resolutions — it’s a time to think about change. Over 2500 years ago, the famous Chinese philosopher Lao Tzu stated, “Life is a series of natural and spontaneous changes. Don’t resist them; that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like.” MORE
The last mile of most traditional logistics’ journeys ended at a retail store. The exceptions were goods purchased from mail-order catalogs. With the rise of e-commerce, the last mile journey can end almost anywhere. Michael S. Kraus, Chairman and CEO of EXPAK Logistics, explains, “One of the businesses that technology has been slowly pushing itself into is the last mile delivery business. MORE
Big data seems like old news; but, it becomes more important every second of every day as humongous amounts of data are generated. Gillian Tett ( @gilliantett ) notes the word “data” comes “from the Latin verb ‘to give’, presented in the neuter past participle, which could be translated as ‘that which is given’ — or even ‘a gift’ ”[1] She believes the etymology of the word is entirely appropriate. MORE
Disruptions are anathema to supply chain operations. Despite the best efforts of supply chain professionals, disruptions appear to be increasing. The supply chain risk management firm Resilinc reports disruptions hit an all-time high in 2018 and climate change played a big role in that increase.[1] MORE
Business executives are always looking for a competitive edge and many have turned to advanced analytics to find that advantage. In the digital age, they often gamble their company’s future on the decisions they make, which is why advanced analytics have become table stakes in business. Table stakes is a gambling term. It refers to a rule requiring a player to bet no more money than he or she had on the table at the beginning of that hand. MORE
Over half-a-dozen years ago, Brookings Institution analysts, Susan Helper, Timothy Krueger, and Howard Wial, asserted, “Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability.”[1] ”[1] Those arguments still hold. MORE
I’m certain a lot retail executives wish they had the power to stare into a crystal ball and see the future. Such a gift would have spared many of their companies from the consequences of the retail apocalypse. MORE
Today, much of the United States will experience a total solar eclipse. That hasn’t happened for nearly 100 years. Because … Continued. The post Solar Eclipses and Supply Chain Risk Management appeared first on Enterra Solutions. Business Risk Management Supply Chain Enterra Solutions Stephen DeAngelis MORE
Some people are simply intractable in their beliefs. There are still people who deny the Earth is round, that man landed on the moon, and that climate change is a reality. People who deny their companies must adapt to the Digital Age will be pigeonholed in the same slot as Flat Earthers. Analysts from Adelante SCM rhetorically ask, “Why all the fuss today about digital transformation?”[1] MORE
Anyone who has served in the armed forces knows the military loves its acronyms. For years the military has used the acronym VUCA to describe what, in wartime, is often referred to as the fog of war. VUCA stands for Volatility, Uncertainty, Complexity, and Ambiguity. MORE
We live in a risky world. Supply chains, especially extended ones, are subject to an almost infinite number of risks. … Continued. The post Supply Chain Resilience in a Risky World appeared first on Enterra Solutions. Business Cognitive Computing Risk Management Supply Chain Enterra Solutions Stephen DeAngelis MORE
“In the age of globalization,” observes Mary Mazzoni ( @mary_mazzoni ), “corporate supply chains typically stretch around the world. Such complexity means it’s next to impossible for business leaders to assess potential risks at each stage of the value chain — which is especially problematic as water scarcity, extreme weather and other climate-induced impacts become the norm.”[1] MORE
As the United States continues to recover from Hurricanes Harvey and Irma, it seems unnecessary to warn supply chain risk … Continued. The post Weather Disasters Usher in New Era of Supply Chain Risk Management appeared first on Enterra Solutions. MORE
The past holiday season solidified the importance of omnichannel operations in the retail sector. Paul A. Myerson ( @Paul_A_Myerson ), a supply chain instructor at Monmouth University, notes, “An omnichannel retail strategy provides a consistent shopping experience across different channels and devices, requiring your supply chain to offer a smooth, positive experience for customers — no matter where and how they interact with your brand.”[1] MORE
New technologies vary in how quickly they penetrate the economy. For a long time, blockchain technology was confined to the cryptocurrency arena. Recently, however, blockchain has made rapid inroads into other areas including the supply chain. MORE
Early last December, at an international meeting on climate change, the United States joined other large producers of oil and natural gas (namely Saudi Arabia and Russia) in opposing language endorsing the findings of a report that concluded “the world has barely 10 years to cut carbon emissions by nearly half to avoid catastrophic warming.”[1] MORE
Supply chains are complex and the more extended they become the more complex they get. Mark van Rijmenam ( @VanRijmenam ), founder of Datafloq, explains, “Global supply chains are complex processes. Different companies, with distinctive objectives, are working together to achieve a common goal; to bring something from A to B. For a supply chain to work, partners have to trust each other. MORE
The Internet of Things (IoT), sometimes referred to as the Industrial Internet of Things (IIoT), continues to garner attention. Although the term implies a single network of things, the IoT is better described as networks of ecosystems — with each ecosystem consisting of sensors generating data, a network transmitting the data, and cognitive technologies making sense of the data. MORE
Retail transactions are some of the oldest human activities. To spur trade and create wealth, explorers have plied the world’s oceans and have traversed the globe’s landmasses. The next arena of exploration for the retail sector is artificial intelligence (AI). MORE
There’s no denying the digital path to purchase is becoming more of a consumer highway than a path. A Forrester report predicts, “Fifty-eight percent of U.S. retail sales will be digitally impacted by 2023, meaning those sales either will occur online or may occur in-store but be influenced by digital technologies.”[1] MORE
By now, most people are aware of the spate of retailer bankruptcies and store closures referred to in the press as the Retail Apocalypse. “For years now,” writes Ryan Lester, Director of Customer Engagement Technologies at LogMeIn, “traditional retail stores have been under attack. Consumers love the convenience and selection of shopping online, leaving brick-and-mortar stores to be dubbed a dying breed. MORE
Few people would argue that lack of planning is a good thing. Benjamin Franklin once declared, “By failing to prepare, you are preparing to fail.” ” Do things always work out according to plan? Absolutely not. Nevertheless, I’m reminded what Dwight D. Eisenhower once observed about planning. He said, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” MORE
The world of commerce has changed dramatically over the past couple of decades. Consumers shop differently and companies know more about consumer behavior. John Mabe writes, “Consumer behavior has changed dramatically over the last ten years due in large part to Amazon and the Smartphone. Quite simply, eCommerce has made it easier and faster to get stuff. … Smartphones put a computer in everyone’s pocket or purse. MORE
Technology is an ambiguous word referring to a wide range of marvelous (and sometimes scary) man-made gadgets. Deciding what technological trends are important depends on the activities in which you or your organization are involved. Regardless of your area of interest, technology of some sort is going to impact it in the years ahead. Prolific inventor Dean Kamen once stated, “Every once in a while, a new technology, an old problem, and a big idea turn into an innovation.” MORE
We live in hectic times. The U.S. is in a trade war with the world. Britain is trying to disconnect from Europe. Cyber attacks are increasing. Climate change is creating violent weather events. The list of crazy things happening goes on and on. Nowhere is change more evident than in the supply chain arena. MORE
The dustbin of history is filled with failed businesses. Executives running those businesses didn’t intend for them to fail. Businesses want to survive. Like biological species, adaptability and resilience are the key to survival. MORE
Enterra Insights
FEBRUARY 20, 2019
Anyone who has served in the armed forces knows the military loves its acronyms. For years the military has used the acronym VUCA to describe what, in wartime, is often referred to as the fog of war. VUCA stands for Volatility, Uncertainty, Complexity, and Ambiguity.
Enterra Insights
AUGUST 21, 2017
Today, much of the United States will experience a total solar eclipse. That hasn’t happened for nearly 100 years. Because … Continued. The post Solar Eclipses and Supply Chain Risk Management appeared first on Enterra Solutions. Business Risk Management Supply Chain Enterra Solutions Stephen DeAngelis
Enterra Insights
FEBRUARY 21, 2019
There’s no denying the digital path to purchase is becoming more of a consumer highway than a path. A Forrester report predicts, “Fifty-eight percent of U.S. retail sales will be digitally impacted by 2023, meaning those sales either will occur online or may occur in-store but be influenced by digital technologies.”[1]
Enterra Insights
FEBRUARY 13, 2019
Most often when people discuss artificial intelligence (AI), they are discussing a subset of that field known as machine learning. Louis Columbus ( @LouisColumbus ) explains, “Enterprises are striving to find greater meaning in the massive amounts of data they generate and save every day. Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1]
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Every shipper in the world receives alerts that their shipment arrived at port 1.5 days after it actually happened. ClearMetal customers get alerted 31 hours earlier. Learn how ClearMetal is giving their customers a competitive advantage nobody else can.
Enterra Insights
FEBRUARY 19, 2019
By now, most people are aware of the spate of retailer bankruptcies and store closures referred to in the press as the Retail Apocalypse. “For years now,” writes Ryan Lester, Director of Customer Engagement Technologies at LogMeIn, “traditional retail stores have been under attack. Consumers love the convenience and selection of shopping online, leaving brick-and-mortar stores to be dubbed a dying breed.
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Enterra Insights
FEBRUARY 12, 2019
The last mile of most traditional logistics’ journeys ended at a retail store. The exceptions were goods purchased from mail-order catalogs. With the rise of e-commerce, the last mile journey can end almost anywhere. Michael S. Kraus, Chairman and CEO of EXPAK Logistics, explains, “One of the businesses that technology has been slowly pushing itself into is the last mile delivery business.
Enterra Insights
FEBRUARY 8, 2019
Business executives are always looking for a competitive edge and many have turned to advanced analytics to find that advantage. In the digital age, they often gamble their company’s future on the decisions they make, which is why advanced analytics have become table stakes in business. Table stakes is a gambling term. It refers to a rule requiring a player to bet no more money than he or she had on the table at the beginning of that hand.
Enterra Insights
FEBRUARY 5, 2019
Supply chains are complex and the more extended they become the more complex they get. Mark van Rijmenam ( @VanRijmenam ), founder of Datafloq, explains, “Global supply chains are complex processes. Different companies, with distinctive objectives, are working together to achieve a common goal; to bring something from A to B. For a supply chain to work, partners have to trust each other.
Enterra Insights
DECEMBER 19, 2018
Technology is an ambiguous word referring to a wide range of marvelous (and sometimes scary) man-made gadgets. Deciding what technological trends are important depends on the activities in which you or your organization are involved. Regardless of your area of interest, technology of some sort is going to impact it in the years ahead. Prolific inventor Dean Kamen once stated, “Every once in a while, a new technology, an old problem, and a big idea turn into an innovation.”
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Many supply chain leaders realize the potential of analytics but need to see concrete examples. With our 30-year heritage in advanced analytics and our experience with Fortune 500 and mid-size companies, we have plenty of those to share. Sales and operations planning (S&OP) tools are increasingly being adopted by companies and while they enable data visualization and collaboration, they often miss the intelligence to recommend actions that improve your EBITDA. Find out how our self-configurable S&OP solution can help you take S&OP to the next level. This webinar covers: How to get more insights from your S&OP using analytics. How to get more "signals" to identify opportunities and risks which weren't traditionally visible. How to spend less time on data gathering, more time on reflection and discussion. How S&OP coupled with analytics will help you make better decisions than your competition.
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Enterra Insights
FEBRUARY 4, 2019
Big data seems like old news; but, it becomes more important every second of every day as humongous amounts of data are generated. Gillian Tett ( @gilliantett ) notes the word “data” comes “from the Latin verb ‘to give’, presented in the neuter past participle, which could be translated as ‘that which is given’ — or even ‘a gift’ ”[1] She believes the etymology of the word is entirely appropriate.
Enterra Insights
JANUARY 31, 2019
Few people would argue that lack of planning is a good thing. Benjamin Franklin once declared, “By failing to prepare, you are preparing to fail.” ” Do things always work out according to plan? Absolutely not. Nevertheless, I’m reminded what Dwight D. Eisenhower once observed about planning. He said, “In preparing for battle I have always found that plans are useless, but planning is indispensable.”
Enterra Insights
JANUARY 30, 2019
The past holiday season solidified the importance of omnichannel operations in the retail sector. Paul A. Myerson ( @Paul_A_Myerson ), a supply chain instructor at Monmouth University, notes, “An omnichannel retail strategy provides a consistent shopping experience across different channels and devices, requiring your supply chain to offer a smooth, positive experience for customers — no matter where and how they interact with your brand.”[1]
Enterra Insights
JANUARY 29, 2019
Some people are simply intractable in their beliefs. There are still people who deny the Earth is round, that man landed on the moon, and that climate change is a reality. People who deny their companies must adapt to the Digital Age will be pigeonholed in the same slot as Flat Earthers. Analysts from Adelante SCM rhetorically ask, “Why all the fuss today about digital transformation?”[1]
Advertisement
Supply chain data is flawed, we all know this. Hear ClearMetal CEO, Adam Compain, talk about how the right technology and strategies will give you better visibility and create value within your supply chain. The ability to move from reactive firefighting to proactive planning is closer than you think.
Enterra Insights
JANUARY 28, 2019
The world of commerce has changed dramatically over the past couple of decades. Consumers shop differently and companies know more about consumer behavior. John Mabe writes, “Consumer behavior has changed dramatically over the last ten years due in large part to Amazon and the Smartphone. Quite simply, eCommerce has made it easier and faster to get stuff. … Smartphones put a computer in everyone’s pocket or purse.
Enterra Insights
AUGUST 30, 2017
We live in a risky world. Supply chains, especially extended ones, are subject to an almost infinite number of risks. … Continued. The post Supply Chain Resilience in a Risky World appeared first on Enterra Solutions. Business Cognitive Computing Risk Management Supply Chain Enterra Solutions Stephen DeAngelis
Enterra Insights
JANUARY 25, 2019
Disruptions are anathema to supply chain operations. Despite the best efforts of supply chain professionals, disruptions appear to be increasing. The supply chain risk management firm Resilinc reports disruptions hit an all-time high in 2018 and climate change played a big role in that increase.[1]
Enterra Insights
NOVEMBER 2, 2017
As the United States continues to recover from Hurricanes Harvey and Irma, it seems unnecessary to warn supply chain risk … Continued. The post Weather Disasters Usher in New Era of Supply Chain Risk Management appeared first on Enterra Solutions.
Advertisement
If you aren't running a well-oiled Sales & Operations Planning process with the added benefit of sophisticated supply chain analytics & optimization - you are probably leaving major revenue and margin opportunities on the table. S&OP has become a standard process to improve business performance, collaboration and predictability. Ready to take things to the next level? This Guide offers insights into where commonly used technologies fall short, and what you should look for to get more value from S&OP using analytics. Download the buyer’s guide for S&OP.
Enterra Insights
JANUARY 24, 2019
“In the age of globalization,” observes Mary Mazzoni ( @mary_mazzoni ), “corporate supply chains typically stretch around the world. Such complexity means it’s next to impossible for business leaders to assess potential risks at each stage of the value chain — which is especially problematic as water scarcity, extreme weather and other climate-induced impacts become the norm.”[1]
Enterra Insights
JANUARY 23, 2019
Early last December, at an international meeting on climate change, the United States joined other large producers of oil and natural gas (namely Saudi Arabia and Russia) in opposing language endorsing the findings of a report that concluded “the world has barely 10 years to cut carbon emissions by nearly half to avoid catastrophic warming.”[1]
Enterra Insights
APRIL 30, 2018
Disruption is normally anathema in the supply chain. Formally defined as a disturbance or problem that interrupts an event, activity, or process, disruption means a supply chain that was once functioning smoothly is no longer doing so.
Enterra Insights
DECEMBER 31, 2018
With the approach of each New Year, business executives naturally start thinking about the future. Year’s end is a time to set goals and make resolutions — it’s a time to think about change. Over 2500 years ago, the famous Chinese philosopher Lao Tzu stated, “Life is a series of natural and spontaneous changes. Don’t resist them; that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like.”
Advertisement
How do you move from “what happened” to “what would happen if”? Most supply chains struggle with the first, and the latter is wishful thinking. What stage are you in? Find out where your supply chain is on the maturity curve.
Enterra Insights
JANUARY 21, 2019
The Internet of Things (IoT), sometimes referred to as the Industrial Internet of Things (IIoT), continues to garner attention. Although the term implies a single network of things, the IoT is better described as networks of ecosystems — with each ecosystem consisting of sensors generating data, a network transmitting the data, and cognitive technologies making sense of the data.
Enterra Insights
JANUARY 17, 2019
Over half-a-dozen years ago, Brookings Institution analysts, Susan Helper, Timothy Krueger, and Howard Wial, asserted, “Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability.”[1] ”[1] Those arguments still hold.
Enterra Insights
JANUARY 14, 2019
I’m certain a lot retail executives wish they had the power to stare into a crystal ball and see the future. Such a gift would have spared many of their companies from the consequences of the retail apocalypse.
Enterra Insights
DECEMBER 20, 2018
Retail transactions are some of the oldest human activities. To spur trade and create wealth, explorers have plied the world’s oceans and have traversed the globe’s landmasses. The next arena of exploration for the retail sector is artificial intelligence (AI).
Advertisement
If you aren't running a well-oiled Sales & Operations Planning process with the added benefit of sophisticated supply chain analytics & optimization - you are probably leaving major revenue and margin opportunities on the table. S&OP has become a standard process to improve business performance, collaboration and predictability. Ready to take things to the next level? This Guide offers insights into where commonly used technologies fall short, and what you should look for to get more value from S&OP using analytics.
Enterra Insights
OCTOBER 4, 2018
New technologies vary in how quickly they penetrate the economy. For a long time, blockchain technology was confined to the cryptocurrency arena. Recently, however, blockchain has made rapid inroads into other areas including the supply chain.
Enterra Insights
SEPTEMBER 28, 2018
Current projections have the global population surpassing 9 billion people by mid-century. Feeding all those people will be a major challenge and we have very few years available to find answers. There are no silver bullet solutions out there.
Enterra Insights
JANUARY 8, 2019
We live in hectic times. The U.S. is in a trade war with the world. Britain is trying to disconnect from Europe. Cyber attacks are increasing. Climate change is creating violent weather events. The list of crazy things happening goes on and on. Nowhere is change more evident than in the supply chain arena.
Enterra Insights
AUGUST 20, 2018
The dustbin of history is filled with failed businesses. Executives running those businesses didn’t intend for them to fail. Businesses want to survive. Like biological species, adaptability and resilience are the key to survival.
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