Enterra Insights

Is Globalization Dead?

Enterra Insights

One of the things driven home by the Covid-19 outbreak is the global nature of supply chains, particularly supply chains linking China and the United States. Tom Derry, CEO of the Institute for Supply Management, explains, “You have to realize that there’s almost no industry sector — and when I say that, I mean manufacturing and nonmanufacturing — that isn’t reliant on China in the United States.”[1]

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Supply Chains Need to be Agile and Fast

Enterra Insights

Ten years doesn’t seem like a long time; however, in today’s rapidly changing business environment, a decade can seem like a lifetime. Joe Terino, who leads Bain & Company’s supply chain work in the Americas, insists, “The consolidated supply chain of 10 years ago can no longer meet today’s business needs.”[1] ”[1] He believes supply chains need to be more flexible and responsive and, to make that happen, you need to begin with strategy.

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Food Supply Chain Workers Play Heroic Role During Covid-19 Outbreak

Enterra Insights

As a result of panic buying, the Covid-19 outbreak stripped store shelves of essential items. Despite repeated assurances from politicians and supply chain professionals that sufficient goods were in the supply chain, store shelves emptied as fast as they could be restocked.

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In Pursuit of the Cognitive Supply Chain

Enterra Insights

In many digital transformation-focused discussions, the “enterprise” and the “supply chain” are separate conversations. Separating the discussions is a mistake.

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New Planning Maturity Assessment

In today's new supply chain paradigm, resilience and agility are key. Is your planning process fit enough to keep up with the pace of change? Is your tech stack helping or hindering your progress? Take AIMMS's new quiz to uncover learnings and benchmark yourself against peers!

Digital Twins in the Supply Chain

Enterra Insights

The ultimate goal of a digital twin is to be a real-time, virtual replica of a physical product, process, or system. The digital twin approach is becoming a popular technique for addressing operational challenges. Paramita (Guha) Ghosh explains, “Digital twins can present a virtual replica of physical components, processes, or systems to enable improved understanding of the performance characteristics of such entities.

Wiped Out: The Great 2020 Toilet Paper Shortage

Enterra Insights

One of the most baffling twists of the current Covid-19 emergency has been the run on toilet paper. Toilet paper hoarding has spurred dozens of hilarious memes, sparked fights in supermarket aisles, and sparked a lot of bathroom humor. One meme stated, “If you need 144 rolls of toilet paper for 14 days of quarantine, you probably should have seen a doctor long before the Covid-19 scare.” ” Another meme shows a confused man receiving the news he tested positive for the virus.

Happy Saint Patrick’s Day 2020

Enterra Insights

Today people in the U.S. celebrate being Irish or Irish-at-heart; however, it hasn’t always been top-of-the-mornin’ for the Irish in America. The Great Irish Famine devastated Ireland from 1845 to 1849. As a result, the population of Ireland dropped from 8 million people before the famine to 4.4 million in 1911. Many of the Irish who didn’t perish during the famine, emigrated to America — ending up in cities like New York.

Supply Chain Risks Beyond the Coronavirus

Enterra Insights

The sudden and widespread onset of the coronavirus affected the global economy and global supply chains in significant ways. Whether you quote Robert Burns (“The best-laid plans of mice and men often go awry”) or John Lennon (“Life is what happens to you while you’re busy making other plans”), people understand life finds a way of getting our attention. No one knows this better than supply chain risk managers. Robert J.

Modernizing the Retail Supply Chain

Enterra Insights

When most people think about the retail sector, they think about front-end selling. Without the back-end supply chain, however, retailers would have nothing to sell. Melanie Tymm, Head of Pre-Sales at Maginus Software Solutions, writes, “It used to be a lot simpler. Manufacturers would supply retailers, who would then resell the goods to consumers — therefore dealing with complaints or queries from the end consumer.

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Coronavirus and Your Supply Chain

Speaker: Rob Handfield, PhD, Bank of America University Distinguished Professor of Supply Chain Management at NC State University

Join this informative webinar with Rob Handfield, Bank of America University Distinguished Professor of Supply Chain Management at NC State University, who will go over how the Coronavirus has impacted supply chains, as well as discussing approaches for preparing your supply chain for future outbreaks of major global disruptions. The world is becoming a riskier place, and it is important to plan for disasters ahead of time.

Even if Consumers Aren’t Aware of Human Trafficking, Companies Need to Be

Enterra Insights

“It’s been 20 years since passage of the Victims of Trafficking and Violence Protection Act of 2000 ,” writes Robert J. Bowman, Managing Editor of SupplyChainBrain. “Yet public awareness of human trafficking in global supply chains remains shockingly deficient.”[1] ”[1] Raising awareness could make a difference.

Don’t Automate Inefficiency with Robotic Process Automation

Enterra Insights

Robotic Process Automation (RPA) has received a lot of media attention over the past several years. It has been demonized as the harbinger of mass unemployment and lauded as the gateway technology to the intelligent enterprise. Most analysts view RPA as a way to free employees from having to do repetitive, tedious tasks making them available to concentrate on more productive activities.

Omnichannel is the New Black of Retail

Enterra Insights

This year, like last, has witnessed retailers declare bankruptcy and close brick-and-mortar stores — continued consequences of the so-called Retail Apocalypse. In my mind, what’s happening is more of an adjustment than an apocalypse. Many analysts attribute recent events to three things: The rise of e-commerce; retailers overbuilding; and, taking on too much debt.

Cognitive Technologies and the Future of the Internet of Things

Enterra Insights

We are in the early stages of what many, if not most, analysts believe is a fourth industrial revolution (aka Industry 4.0). Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] 1] The fourth revolution is being driven by data.

5 Perceptions on Demand Forecasting and How it's Changing

Speaker: Brian Dooley, Director SC Navigator, AIMMS

It’s no secret that demand is getting more difficult to predict. Is your demand forecasting process evolving with the times? How does your process stack up against others? Are you satisfied with your level of forecast accuracy? This webinar shares research findings from a recent survey among supply chain planning professionals to help you answer these questions.

Science Fiction and Logistics

Enterra Insights

Works of science fiction have long envisioned a number of artificial intelligence (AI) driven technologies. At this year’s CES in Las Vegas, Michael Bolle, Bosch’s chief technical and chief digital officer, stated, “Artificial intelligence is not science fiction anymore — it’s already an integral part of our daily lives. It’s fundamentally changing how we drive, how we work, how we learn, how we shop, how we travel.”[1]

Bringing Digital Inside the Grocery Store

Enterra Insights

Recently, a few grocery chains have declared bankruptcy or sold off store locations. Like other economic sectors, the grocery sector is not immune to changes in the Digital Age. A few years ago, Chris Morley ( @ChrisMorley_ ), President of Nielsen’s largest market (i.e., packaged goods manufacturer and retail business), wrote, “Depending on what you read, we’re either at a tipping point, on the verge of a meltdown or facing the retail apocalypse.

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Confused About What to Do? Try Prescriptive Analytics.

Enterra Insights

Most humans are curious about the future. This curiosity motivates people to visit oracles, study the stars, consult shamans, get their palms read, stare into crystal balls, and turn over tarot cards. Business leaders are not immune to this curiosity; however, their methods for divining the future generally involves gathering smart people together to perform what-if analysis, identify trends, and produce forecasts.

Blockchain in the Supply Chain is Only a Few Links Long

Enterra Insights

The global supply chain appears to be a perfect arena for blockchain technology. John Monarch ( @realjohnmonarch ) reports, “Blockchain innovation in the supply chain shows great promise for enabling proactive management of shipping. Faster, cheaper transaction settlement has a proven history of reducing processing time up to 80 percent; when paired with blockchain, payment processing will speed transactions and complete more payments.

Point-of-Danger ICE Raids and Audits

Speaker: Max Muller, Attorney and Author

Supply chain managers should constantly be on guard against forces that could cause a significant point-of-failure in or to their supply chains. The sudden loss of a workforce is an evolving danger to those who provide raw materials, subassemblies, finished goods, and/or necessary services to supply chains; and to entities requiring those items or services. Join Max Muller for this timely, fast-paced and guidance rich webinar that will educate you on the specific steps involved in undertaking your own internal audit, as well as providing you with guidance on what your major and/or sole source suppliers should do as well.

Riding Artificial Intelligence to a Brighter Business Future

Enterra Insights

Artificial Intelligence (AI) has become a science fiction bogeyman and, for some people, it generates a sense of unease about the future. Most of that unease is about artificial general intelligence platforms — which don’t yet exist. The most common form of AI today is incapable of taking over the world; however, it can make your business future brighter. We are still in the early years of the Digital Age and companies are still wrestling with how they must transform to thrive.

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The Supply Chain’s Vision Problem

Enterra Insights

Supply chain visibility remains elusive despite decades pursuing it. Arnaud Morvan states a simple truth, “It’s difficult to see, measure and improve what’s happening across the supply chain.”[1] ”[1] And that’s a problem. Morvan notes, “The management guru Peter Drucker suggested, you can’t improve what you can’t measure. To go back a step further, you can’t measure what you can’t see.

Evaluating Supply Chain Transformation

Enterra Insights

The first of the year is a traditional time for retrospection and contemplation. The rush of the holiday season is over and people take time to recharge themselves for the coming year’s activity. The new year is also a good time for supply chain professionals to evaluate how their value chains need to transform in the months and years ahead to meet changing business conditions, such as the recent coronavirus outbreak.

Companies Get Serious About Climate Change

Enterra Insights

Everyone is familiar with the canary in the coal mine analogy. Currently, there are a couple of such canaries on the world stage — Venice and Australia. Venice is flooding and Australia is burning. Both situations are attributed to and exacerbated by climate change. McKinsey analysts Dickon Pinner and Kevin Sneader ask, “Does your business treat climate change as a far-off risk, something for the future but not a priority today?”[1] ”[1] They warn, “That’s a mistake.

How is Demand Forecasting changing? How do you compare to your peers?

AIMMS conducted research to assess how supply chain teams perceive the accuracy of their forecast and discover the tools and techniques they are using to upgrade the forecasting process. In this report, you will find helpful benchmarks and insights offered by your peers on the latest demand forecasting techniques, forecast granularity and periodicity, and expectations for the future.

Global Supply Chains and the Coronavirus

Enterra Insights

The coronavirus outbreak that started in Wuhan, China, is looking more and more like a pandemic. The consequences of the coronavirus outbreak are being felt throughout the global economy, with stock markets tumbling and companies beginning to to worry about their supply chains. Dan Harris ( @danharris ), an international lawyer and founder of Harris Bricken, asks a question on many executives mind, “What is going to happen to my supply chain?”[1]

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Trends and Predictions 2020: Retail

Enterra Insights

The big news in retail over the past two decades has been the rise of e-commerce which has resulted in the so-called retail apocalypse. Daphne Howland ( @daphnehowland ) reports any eulogies being written about brick-and-mortar retail’s demise are premature.

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Trends and Predictions 2020: Manufacturing

Enterra Insights

Dark clouds are gathering on the horizon as the global economy appears headed for a downturn. Thanks to the Trump administration’s trade wars, IDC analysts note, “Costs throughout the manufacturing value chain are seemingly impacted every day. The uncertainty appears likely to continue into 2020, and thus manufacturers’ optimism has experienced a noteworthy setback.

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Trends and Predictions 2020: Information Technology

Enterra Insights

Information technology (IT) is an umbrella term covering a variety of technologies. Bill Gates ( @BillGates ) once stated, “Information technology and business are becoming inextricably interwoven. I don’t think anybody can talk meaningfully about one without the talking about the other.” ” The current CEO of Microsoft, Satya Nadella ( @satyanadella ), adds, “Information technology is at the core of how you do your business and how your business model itself evolves.”

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Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

Want to build your internal capability, reduce costs and make better decisions? It's easier than you think. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts.

Artificial Intelligence and Omnichannel Operations

Enterra Insights

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]

Trends and Predictions 2020: Food and Grocery

Enterra Insights

Food is one of the essential needs all humans have in common. In an extended essay entitled “A Room of One’s Own,” the late Virginia Woolf, wrote, “One cannot think well, love well, sleep well, if one has not dined well.” ” One can only dine well if good food is available. Professionals in the food supply chain work hard to ensure good food finds its way from farm to fork.

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Trends and Predictions 2020: Blockchain

Enterra Insights

One of the most hyped cutting-edge technologies is blockchain (aka distributed ledger) technology. There are ample reasons for pundits to tout this technology, but it still has challenges it needs to overcome before its potential is reached. Kevin Casey ( @kevinrcasey ) writes, “If you’re looking for a one-word summary of corporate blockchain efforts in 2019, try ‘experimentation.’

Trends and Predictions 2020: Artificial Intelligence

Enterra Insights

Already widespread, artificial intelligence (AI) is poised to make a huge impact in the world. Lori Webber ( @lfwebber ), chief marketing officer of IBM Watson Supply Chain, states AI is “perhaps the most transformative [technology] of our era.”[1] ”[1] AI’s impact will be the result of its ubiquity and its capabilities.

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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.