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A Few Thoughts about Supply Chain Management
Enterra Insights
JUNE 17, 2020
Supply chain management (SCM) sounds like a straight-forward topic; nevertheless, numerous articles have been written on the subject explaining what it is and what it isn’t.
Enterra Insights
Supply Chain Strategy and the Post-pandemic World
Enterra Insights
JUNE 10, 2020
“Supply chains were ill-prepared for the pandemic,” writes Lora Cecere ( @lcecere ), founder of Supply Chain Insights.[1] 1] She goes on to note, “The Global Risk Report published in January 2020 highlights the issue.
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Sustainable Businesses in the Post-pandemic World
Enterra Insights
JULY 1, 2020
When the world shutdown as a result of the novel coronavirus pandemic, many urban areas experienced something they hadn’t seen for years — clean air and clear skies. This turn of events demonstrated how quickly human activity can change the environment in which we live. Experiencing clean air and clear skies had many people wondering why politicians and business leaders were quick to respond to the pandemic but have been slow to counter climate change.
Is Globalization Changing or Dying? Part One.
Enterra Insights
JUNE 29, 2020
When media outlets like The Economist and Financial Times start publishing eulogies for globalization, you know something has changed on the world stage. Economist journalists bluntly ask, “Has covid-19 killed globalization?”[1] ”[1] They note, “Even before the pandemic, globalization was in trouble. The open system of trade that had dominated the world economy for decades had been damaged by the financial crash and the Sino-American trade war.
Webinar on Demand: Resilient Supply Chain Network Design
Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey
Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.
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The Retail Apocalypse Deepens
Enterra Insights
JUNE 24, 2020
Years before the novel coronavirus pandemic shut down economies, analysts were writing about the retail apocalypse and what it would take for brick-and-mortar retailers to survive. Analysts generally cite three contributing factors for the retail apocalypse: overbuilding, too much debt, and e-commerce (aka the Amazon Effect). Suzanne Kapner and Sarah Nassauer ( @SarahNassauer ) insist the pandemic is finishing what Amazon started.[1]
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Hurricane Season Brings New Risks to Pandemic-stressed Supply Chain Chains
Enterra Insights
JUNE 22, 2020
Still entangled in the throes of the pandemic, U.S. supply chains face seasonal risks as the hurricane season begins — and it could be a tough season. Chris Dolce ( @chrisdolcewx ) reports, “The 2020 Atlantic hurricane season is off to a fast start with three named storms by early June.”[1] ”[1] He notes, “There have been several unusual aspects about this early-season activity.”
Solar Eclipses and Supply Chain Risk Management
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
The Pandemic Motivates Changes in the Food Supply Chain
Enterra Insights
JUNE 19, 2020
The novel coronavirus outbreak piqued interest in supply chain operations, particularly in the food supply chain. On 16 March 2020, in response to COVID-19, the President issued “Coronavirus Critical Infrastructure Guidance for America.”
The Brittle China/U.S. Supply Chain
Enterra Insights
JUNE 4, 2020
According to Tom Derry, CEO of the Institute for Supply Management, “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. … If you don’t have a first-tier supplier who’s sourcing from China, then your supplier’s supplier is.”[1] ”[1] When people hear statements like that, their first thought is often, “The United States has a China problem.”
The Best Sales Forecasting Models for Weathering Your Goals
Advertiser: ZoomInfo
Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!
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Marketing during Crisis and Recession, Part 2
Enterra Insights
APRIL 14, 2020
In the first part of this article , I noted there are questions about how brands should conduct marketing during times of crisis and recession. The questions are appropriate because the novel coronavirus crisis will inevitably change from a health crisis into a financial crisis.
Digital Transformation Helps with Corporate Alignment
Enterra Insights
JUNE 15, 2020
Whether you’re driving your car or running a business, when things are out of alignment, performance suffers. One of the goals of digital transformation is to put data-driven processes in place to help organizations better align themselves. Tehreem Naeem, content lead at Astera, asserts, “Digital transformation is not a buzzword anymore — it has now become a reality and a goal that most businesses want to achieve.”[1] ”[1] Deloitte analysts underscore that point.
Coronavirus Increases Supply Chain Risk Management Priority
Enterra Insights
JUNE 9, 2020
For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Eric Kimberling ( @erickimberling ) an Enterprise Resource Planning expert, writes, “The coronavirus pandemic disrupted supply chains across the globe, and suddenly everyone is paying more attention to what was an overlooked subject just months ago.
Wiped Out: The Great 2020 Toilet Paper Shortage
Enterra Insights
MARCH 18, 2020
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.
Why Smoking Costs Employers More Than They Realize
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Your employees are smoking, and at a cost of $7,000 per year for each employee who smokes, that adds up - fast! This free report will show you how an effective cessation program pays for itself.
Adding Links to Blockchain in Supply Networks
Enterra Insights
JUNE 3, 2020
Distributed ledger technology (aka blockchain) has many potential uses in supply chain operations. Industry analyst Adrian Gonzalez ( @talkinlogistics ) writes, “Over the past couple of years, no other technology has generated so much hype, and so much confusion, as blockchain.”[1] ”[1] He then asks a series of questions: “Why is there so much interest in blockchain? Where are we today with blockchain adoption in supply chain management?
Marketers are Turning Attention to Generation Z
Enterra Insights
JUNE 5, 2020
There’s a common belief that younger generations, especially teenagers, believe they are invincible. I’m not sure it’s invincibility they feel; more likely it’s possibility. Before them lies the future and all the choices they will have to make along life’s journey. The current coming-of-age generation is Generation Z (aka Gen Z). Generation Z is often defined as people born between 1995 and 2015, making the oldest members of the generation 25 years-of age.
As Baby Boomers Retire, Don’t Let Tribal Knowledge Retire with Them
Enterra Insights
SEPTEMBER 4, 2019
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.
In Pursuit of the Cognitive Supply Chain
Enterra Insights
FEBRUARY 25, 2020
In many digital transformation-focused discussions, the “enterprise” and the “supply chain” are separate conversations. Separating the discussions is a mistake.
Supply Chain Planning Maturity – How Do You Compare to Peers?
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Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover, from a planning maturity stance? Download this report to get exclusive insights on planning maturity!
Supply Chains Need to be Agile and Fast
Enterra Insights
MARCH 25, 2020
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.
Omnichannel Retails Comes Front and Center
Enterra Insights
MAY 28, 2020
Even before the COVID-19 pandemic shuttered physical stores, retailers were adopting omnichannel strategies to take advantage of the increasingly important consumer digital path to purchase. When the pandemic descended on the economy like a curtain at the end of Broadway play, retailers were only left with online sales involving home delivery or curbside pickup. Petr Svoboda ( @petrsvob ), CEO of Shopsys, has been urging retailers to focus more sharply on online sales for nearly twenty years.
Supply Chains are Critical for a Great Customer Experience
Enterra Insights
MAY 26, 2020
Customers don’t want to think about supply chains; they just want great purchasing experiences. Although the connection between great customer experience and a world-class supply chain should be obvious, customer experience is not the first thing that pops into most peoples’ minds when they hear the term “supply chain.” Supply chain professionals are among the few people who regularly make the connection between customer service and the supply chain.
Supply Chain Control Towers
Enterra Insights
MAY 21, 2020
Anyone who has traveled by air is familiar with control towers. Personnel manning airport control towers ensure aircraft on the ground and/or approaching from the air operate safely. To ensure safe operations, control tower personnel need to know the location and intention of each aircraft. When the move toward supply chain digitization began, the control tower analogy seemed like a natural step in the process.
B2B Pocket Playbook: End-to-End Guide to Sales Enablement
Advertiser: ZoomInfo
Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.
Memorial Day 2020
Enterra Insights
MAY 25, 2020
Memorial Day marks the unofficial start of summer. In normal times, people look to forward to vacations, picnics, and other outdoor activities; however, these aren’t normal times and this Memorial Day is different. Memorial Day was created to remember and honor those who have fallen during conflicts both past and present. This Memorial Day finds us fighting a new kind of war — this time, with a virus.
Preparing for the Retail Holiday Season during the Pandemic
Enterra Insights
MAY 20, 2020
Normally, by this time of year, retailers are well into their planning for the end-of-year holiday season. This year is an obvious exception. Jim Shea, chief commercial officer for First Insight, observes, “The novel coronavirus and the precautions governments and individuals are taking to protect themselves from infection have already had a powerful impact on the global economy.
The Internet of Things and the Supply Chain: Serious or Just Flirting?
Enterra Insights
MAY 19, 2020
Numerous supply chain experts insist supply chain processes are experiencing a revolution thanks to emerging technologies. The Internet of Things (IoT) is generally found on the list of technologies fomenting the revolution. Tom Ryan ( @retailwire ) explains, “While IoT is promising to reinvent the in-store experience with smart shelves, robots and other connected devices, the big early payoff appears to be back in the supply chain.”[1]
The Impact of the Coronavirus Crisis on Reverse Logistics
Enterra Insights
MAY 15, 2020
Not surprisingly, e-commerce spiked during the dark days of lockdown with physical stores closed and consumers with time on their hands to surf the internet. This dramatic change in consumer shopping habits emphasizes the importance of omnichannel strategies and a resilient supply chain. Hitendra Chaturvedi, a professor at the Supply Chain Department of W.P. Carey School of Business at Arizona State University, writes, “The coronavirus has disrupted U.S.
Supply Chain Resilience in the Face of Uncertainty
Speaker: Aanand Pandey, Supply Chain Analyst & Consultant, AIMMS
This short video explains how scenario modeling can help you improve supply chain resilience and your ability to respond and recover quickly from disruptions. Looking at scenarios side by side provides valuable insights that makes it easier to evaluate impact on your operations, ability to service customers and margin, and the best options to restart supply when supply lanes reopen.
Coronavirus Pandemic Hastens Digital Supply Chain and Industry 4.0 Efforts
Enterra Insights
MAY 13, 2020
Numerous reports confirm the coronavirus pandemic has motivated business leaders to consider new ways to leverage technology and automation to lessen their company’s exposure to human-related crises.
The Importance of Transparency in Supply Chains
Enterra Insights
SEPTEMBER 16, 2019
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.
Post-pandemic Supply Chains
Enterra Insights
MAY 4, 2020
“As countries shut down, stock markets crumble and economic activity slows to a crawl,” writes Yossi Sheffi ( @YossiSheffi ), the Elisha Gray II Professor of Engineering Systems at the Massachusetts Institute of Technology, “it is hard to believe that in a few months the coronavirus crisis may be over.”[1] ”[1] The pandemic may be over; however, consequences of the pandemic will remain.
Is Your Supply Chain Ready for the Recession?
Enterra Insights
MAY 6, 2020
“The rapid spread of the Covid-19 virus is already having a huge impact on the global economy,” writes Peter Dizikes, “which is rippling around the world via the long supply chains of major industries.”[1] ”[1] How “huge” is the impact?
New Planning Maturity Assessment
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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!
Pandemic Highlights Need for Agile Supply Chains
Enterra Insights
APRIL 30, 2020
Food sector and supply chain professionals have been rightfully praised for their efforts to ensure essential goods are available to a locked-down population. Frank Morris ( @FrankNewsman ) explains, “Fast-moving viruses come with a cruel twist. They tend to hammer hardest at people on the front lines of defense, making the rest of us that much more vulnerable.
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