Enterra Insights

Solar Eclipses and Supply Chain Risk Management

Enterra Insights

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

The Industrial Side of the Internet of Things

Enterra Insights

When the Internet of Things (IoT) was first imagined, the vision was a vast network of connected machines benefiting the industrial sector. It didn’t take long, however, for businesses to realize there were consumer uses for IoT devices as well. Most people are now familiar with connected security systems, monitored doorbells, and the like. To distinguish consumer- and industrial-related IoT applications, some analysts divide discussions into IoT and Industrial IoT (IIoT) categories.

Online Grocery Sales Continue to Grow

Enterra Insights

Digital disruption has affected nearly every economic sector and the food and drink industry is no exception. While most food and drink stakeholders have concentrated on digitizing their supply chains, increasingly grocers are looking to the consumer side of digitization to grow their business. David Sprinkle, research director for Packaged Facts, states, “Three key factors have created a perfect environment for growth of the online grocery market in the U.S. over the last five years.

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Artificial Intelligence and Omnichannel Operations

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Many analysts believe the future of retail rests on the shoulders of omnichannel operations powered by artificial intelligence (AI). James D’Arezzo, CEO of Condusiv Technologies, writes, “Any retailer that wants to be competitive knows it must offer a seamless omnichannel experience to its customers.”[1]

Buyer's Guide for Supply Chain Network Design Software

Network design as a discipline is complex and too many businesses are still relying on spreadsheets to design and optimize their supply chain. As a result, most organizations struggle to answer network design questions or test hypotheses in weeks, when results are demanded in hours. This Buyer’s Guide helps you find easy-to-use technology to become more proactive and less reactive when it comes to network design and optimization.

Lifting the Fog of Supply Chain Transformation

Enterra Insights

For a number of years, business analysts have been preaching the gospel of transformation in supply chain operations. Glenn Steinberg ( @GlennSteinberg ), global and Americas supply chain leader at EY, observes, “You’ve been hearing about ‘the supply chain of the future’ for years. How it will provide end-to-end visibility. How it will self-manage customer inventories.

Corporate Decision-making: S&OP and Beyond

Enterra Insights

Sales & Operations Planning (S&OP) has been around for over three decades. Some analysts insist it’s time companies move on. Other analysts insist the purposes behind S&OP remain as relevant as ever.

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As Baby Boomers Retire, Don’t Let Tribal Knowledge Retire with Them

Enterra Insights

The youngest members of the generation known as Baby Boomers are approaching retirement age. If companies allow Baby Boomers’ years of expertise to walk out the door without capturing it, they are losing a valuable asset.

Agriculture in the City

Enterra Insights

Readers old enough to remember the 1960s, might recall the television show “Green Acres” starring Eddie Albert and Eva Gabor as a couple who move from New York City to a country farm. The theme song for the show was written by Vic Mizzy and it began with the lyrics: Green acres is the place for me. Farm livin’ is the life for me. Land spreadin’ out so far and wide. Keep Manhattan, just give me that countryside.

Independence Day 2019

Enterra Insights

Most countries around the world set aside a special day to celebrate their national identity. Such celebrations are aimed at bringing people together to recall history and celebrate shared values. In America, that day is the 4th of July.

The 2018 Supply Chain Software Buyer's Guide

Learn which supply chain applications are the best for your organization.

Supply Chain Professionals Are Not Boring

Enterra Insights

It really bothers some people that the term “supply chain” remains in wide use. For example, Kevin O’Marah ( @komarah ) writes, “‘Supply chain’ is a label with baggage. In some circles it is still seen as a low-tech, non-creative servant function hardly worthy of a Harvard MBA.”[1] ”[1] To some the term might conjure up Sam Cooke’s lyrics in the song “Chain Gang”: All day long they work so hard. Till the sun is goin’ down.

The Importance of Transparency in Supply Chains

Enterra Insights

In the information age, it’s difficult to hide things you would prefer to remain undiscovered. This is as true for businesses as it is for individuals. Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. They are demanding more supply chain transparency.

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Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. They have it tough. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Empowered by mobile, people can get exactly what they want instantly and effortlessly, and they expect retailers to meet their needs faster than ever before.”[1]

Last Mile Logistics and Customer Experience

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Today’s consumers can be characterized as persnickety — that is, they require a particularly precise or careful approach. Persnickety consumers expect a great customer experience when dealing with brands and retailers. Staff members at CIO Review write, “Customer experience is defined by interactions between a customer and an organization throughout their business relationship which can include awareness, discovery, cultivation, advocacy, purchases, and service.”[1]

Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

Supply Chain Digitization Efforts are in Full Swing

Enterra Insights

Numerous sources have declared data to be the most valuable resource in the world and the supply chain sector is trying to take full advantage of data. According to the International Data Corporation (IDC), “Digital transformation spending is to reach almost US$2trn by 2022, growing at a compound annual growth rate (CAGR) of 16.7%. … [These expenditures] will cover Internet of Things (IoT), artificial intelligence (AI), cloud, 3D printing, 5G, automation, and edge computing.”[1]

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Blockchain and Supply Chain are Becoming Inextricably Tied

Enterra Insights

In the past, articles about blockchain (aka distributed ledger) technology primarily focused on cryptocurrencies, like Bitcoin. Increasingly, however, articles about blockchain technology focus on how it can help improve supply chain operations. Today’s supply chains are mindbogglingly complex and blockchain has the potential to address some of that complexity.

Businesses Must Take and Avoid Risks

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Risks are something with which every business must deal. Entrepreneur Richard Branson observes, “The luckiest people and businesses are those that are prepared to take the greatest risks. We can all create our own luck by taking the necessary risks to open the door to change, progression and success.”[1] ”[1] Conversely, when it comes to supply chain operations, smart company executives do their best to avoid risks. Unfortunately, avoiding all risks is impossible.

Supply Chain Management in a VUCA World

Enterra Insights

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.

How To Improve Your Shipper-Carrier Relationship

The Impact of the Digital Path to Purchase

Enterra Insights

Thirty years ago few people would have predicted a growing number of consumers would complete much of their shopping using a mobile phone. It was only 29 years ago Tim Berners-Lee invented hyperlinks which gave rise to web browsing and eventually led to e-commerce.

How Emerging Technologies are Changing Supply Chain Management

Enterra Insights

The world is changing at such a frantic pace some people would like to call a time out. Unfortunately for them, change is a relentless characteristic of modern life. The 19th Century French journalist Jean-Baptiste Alphonse Karr, coined the adage, “The more things change, the more they stay the same.” ” Doug Braun, CEO of IBS, is not so sure Karr’s proverb remains true.

The Importance of Trend Spotting in Retail

Enterra Insights

The late Mohandas Karamchand (“Mahatma”) Gandhi, once stated, “A customer is the most important visitor on our premises. He is not dependent on us. We are dependent on him. He is not an interruption in our work. He is the purpose of it. He is not an outsider in our business. He is part of it. We are not doing him a favor by serving him. He is doing us a favor by giving us an opportunity to do so.”

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Data, Cognitive Technology, and Industry 4.0

Enterra Insights

There is continued buzz about Industry 4.0 — the nickname adopted for the ongoing fourth industrial revolution. Anant Kale ( @anantkale ), Co-Founder and CEO of AppZen, explains, “The first industrial revolution mechanized production using steam power, the second gave us the assembly line for mass production, and the third industrial revolution gave us advanced automation using IT and electronics.

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Navigating the Road to Successful Automation - A Process Driven Approach

Speaker: Jon Leposky, Director of Operations and Logistics, Z Customization

Automation can be an incredibly powerful tool to lower costs, increase capabilities, and enable scaling. However the road to implementing automation can be long and challenging even when all the proper steps are taken. Being equipped with the proper tools and knowledge of common pitfalls when implementing automation can make the difference between a show stopping disaster and seamless success.

Supply Chain Resilience in a Risky World

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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

Customer-Centricity in the Grocery Business

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When we think of life’s necessities, one of the things immediately springing to mind is the food we eat. Food and drink choices are matters of personal preferences and grocers must be attuned to those preferences if they are going to serve their customers well.

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Weather Disasters Usher in New Era of Supply Chain Risk Management

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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.

Adjusting to the Realities of the Consumer Digital Path to Purchase

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Long before there was anything labeled the digital path to purchase, legendary retailer Sam Walton stated, “There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.” Whether a customer is shopping on-line or in a traditional brick-and-mortar store, he or she are never far from a device that can search prices, locate reviews, and/or obtain all sorts of other information about products and services.

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Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

Industry 4.0 and the Long Game

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Depending on the sports you follow, the long game could mean different things. Lisabeth Saunders Medlock ( @LisabethMedlock ), clinical psychologist, explains, “It means throwing the football down the field, AKA the passing game, or driving the golf ball toward the green.”[1] ”[1] In the business world, however, the long game has a different meaning.

Supply Chain Transformation in the Digital Age

Enterra Insights

Company executives are increasingly aware of the importance of supply chains in making companies successful. A couple of years ago, however, a McKinsey study concluded companies weren’t investing enough in supply chain transformation technologies. Justine Brown reports, “McKinsey found the digitization of supply chains will have the biggest impact on revenue, yet 49% of companies are investing in digitizing their distribution channels or marketing instead.

Supply Chain Planning in a Changing World

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Change is inevitable. Change also makes planners lives, at best, complicated and, at worst, miserable. Plans are static and remain applicable only if the status quo doesn’t change — but change is unrelenting. Dwight D. Eisenhower once observed, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” Jason M. Girzadas ( @jgirzadas ), a Managing Principal at Deloitte, seems to agree with Eisenhower.

Keeping Up with Customer Expectations

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The customer is king — and the king expects to be treated royally. Kelly McKesten and Stéphanie Thomson, respectively a producer and an editor with Think with Google , report the phrase “the customer is king” can be traced back to the 1930s in book written by William Harold Hutt entitled Economists and the Public: A Study of Competition and Opinion. They assert the phrase has never been more relevant.

Parts Town: An O2C Journey from Manual Processing to Digital Transformation

Speaker: Sarah Gibson, Platinum Operations Manager

The order-to-cash (O2C) process is often considered the lifeblood of an organization. It’s why so many business leaders are looking to next generation of O2C solutions to unlock value across their enterprise — value that’s necessary to remain competitive. Join us for an educational webinar with guest speaker, Sarah Gibson of Parts Town, as she takes attendees through her company’s digital transformation journey.

If Inventory Optimization was Easy, People would Stop Writing about It

Enterra Insights

Every supply chain professional understands inventory is a necessary evil. Carry too little inventory and you can miss out on sales and anger customers. Carry too much inventory and you increase handling costs and cut into profits. Like Goldilocks, supply chain professionals are looking for the “just right” solution to their dilemma. If the solution was easy, there wouldn’t be so many people continuing to write about supply chain optimization.