Enterra Insights

The Internet of Things is Changing how We Live and Work

Enterra Insights

The word “thing” is both broad and ambiguous. According to Thesaurus.com, “thing” can trace its origins to Norsemen who used to gather in a public assembly they called a “bing”; a term picked up and used by the English. The Dutch called such an assembly a “ding.”

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

Blockchain and the Law of Unintended Consequences

Enterra Insights

Even before blockchain (aka distributed ledger) technology has moved beyond its infancy, some analysts are warning it could create unintended consequences. Such concerns are neither surprising nor unwarranted. The mythical law of unintended consequences holds that actions always have effects that are unanticipated or unintended. The blockchain concept is simple enough.

Trends 2019: Let the Prediction Season Begin

Enterra Insights

If you are looking for wisdom from the past, you might consider the 6th Century BC Chinese poet, Lao Tzu, who wrote, “Those who have knowledge, don’t predict. Those who predict, don’t have knowledge.” ” Lao may have been correct, but where’s the fun in that? Humans long to have a glimpse of the future. Consider the continued popularity of Nostradamus and his befuddling prophesies.

Trends 100

How to Achieve Six-Figure Benefits from Digitizing Paper-Based Supply Chain Operations

The traditional paper-based approach to supply chain operations presents serious challenges and perils. Digitization, in turn, offers a bounty of benefits – up to and including six-figure cost savings and significant efficiency and revenue gains. Here’s how.

Improving Supply Chain Resilience

Enterra Insights

Supply chain risk management (SCRM) is often discussed in terms of prevention, mitigation, and recovery. Prevention, of course, is the most cost effective course of action. The medical community is fond of repeating an adage attributed to the 16th century Dutch philosopher Desiderius Erasmus, “Prevention is better than cure.” ” Supply chain risk managers undoubtedly agree with that sentiment.

Improve Supply Chain Management to Improve Business

Enterra Insights

Most people never think about supply chain operations. They know stuff gets made, transported, and sold; but, they have little interest in the details. Television shows like Science Channel’s “How It’s Made” and Discovery Channel’s “Dirty Jobs” piqued the interest of some; but, for the most part, people don’t really understand everything involved in getting the products they enjoy into their hands.

Turkey 100

The Rise of Blockchain in the Supply Chain

Enterra Insights

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.

Food 130

Agriculture, Logistics, and Advance Technologies

Enterra Insights

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.

Food 130

Thanksgiving 2018

Enterra Insights

As we sit down to Thanksgiving dinner, letting our eyes devour the feast ahead of the actual eating, one of the things for which we should be thankful is the supply chain that brought the bounty to the table. At the original Thanksgiving feast, the pickings were much slimmer and all ingredients were sourced locally. Megan Gambino ( @megan_gambino ) explains the only foods historians are certain were served at the so-called ‘first Thanksgiving’ were wildfowl, corn, and venison.[1]

Turkey 100

Building AI to Unlearn Bias in Recruiting

Research shows that the hiring process is biased and unfair. While we have made progress to solve this, it’s potentially at risk due to advancements in AI technology. This eBook covers these issues & shows you how AI can ensure workplace diversity.

The Internet of Things is Disrupting the Supply Chain

Enterra Insights

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.

Weather Disasters Usher in New Era of Supply Chain Risk Management

Enterra Insights

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.

Supply Chain Resilience in a Risky World

Enterra Insights

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

The Digital Supply Chain is more about Transformation than Technology

Enterra Insights

New technologies always open doors to new opportunities and new possibilities. Nevertheless, business consultants caution executives not to pursue the latest shiny toy without a good reason. Those consultants often repeat the mantra, “Don’t change for change’s sake.” ” Consultant Rick DeMarco ( @rickd0216 ) explains, “The power to change is the power to grow. John F. Kennedy once said, ‘Change is the law of life.

How ClearMetal Customers Stay a Day Ahead of the Competition

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.

New Retail Business Models Support the Digital Path to Purchase

Enterra Insights

The rise of e-commerce and the consumer digital path to purchase has been a nightmare for some retailers from which they can’t awake. This has been especially true for large, traditional brick-and-mortar retailers that failed to master omnichannel operations. Daphne Howland ( @daphnehowland ) reports one new business model that has flourished in this new retail environment is direct-to-consumer (D2C) marketing.

Most Important U.S. Infrastructure to Build is within its Borders

Enterra Insights

Over the past few years, the U.S. economy has boomed and unemployment rates have fallen. While the full impact of current trade and immigration policies remain uncertain, one thing is certain — if the U.S. wants continued economic growth, its infrastructure needs to be repaired and/or upgraded. With Congress now divided following midterm elections and more Washington deadlock likely, fixing America’s infrastructure should be an issue on which both parties can agree. The future of the U.S.

Beyond the Blockchain Hype

Enterra Insights

New technologies are always subject to hype and blockchain (aka distributed ledger) technology is no different. Matthew Lieberman ( @MBLieberman ), an Advisory Marketing Leader at PwC, writes, “I’m going out on a limb and making a prediction: You’ve already heard a lot (maybe too much) about blockchain. But even if you understand all the benefits this technology offers, you, like many C-suite executives I know, may be skeptical about blockchain. To be honest, I don’t blame you.”[1]

Miami 100

Supply Chain Risk in the Age of Big Data

Enterra Insights

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.

Optimize Supply Chain Network Capacity Utilization for Manufacturing Competitiveness

Download a complimentary copy of this Gartner report and get best practices to sustain agility and set the stage for growth. More and more companies are using advanced analytics as an enabler to handle demand variability, reign in network complexity, and improve decision making around capacity planning. Will you be among them? Insights you will gain from this report: How you can best structure decision-making around capacity planning. How to design your network to deal with rising complexity and overflows. How to leverage prescriptive analytics to make decisions around desired trade-offs. How to deal with change management and governance.

Disruptive Times Require Adaptive Supply Chains

Enterra Insights

Few if any economic sectors have avoided digital disruption. New business models are constantly challenging more traditional ones and supply chains need to adapt to these changing conditions. Kristi Montgomery, a Vice President at Kenco Innovation Labs, explains, “The rapid pace of technological advancement and adoption means that innovation is taking place all around us, from the way we communicate to how we get around cities — even to how we shop for groceries.

Bad Retail is Dead — Long Live Retail

Enterra Insights

Brick-and-mortar retailers continue to declare bankruptcy at an alarming rate. Ben Unglesbee ( @Ben_RetailDive ) and Cara Salpini ( @CaraSalpini ) bluntly write, “Last year was a dismal one for certain retailers. Those ‘certain’ retailers include ones with a lot of debt, that depend on malls and whose business is especially susceptible to the explosion of Amazon online and off-price sellers in the physical world.

Retail 100

America’s Manufacturing Future: Hope or Hype?

Enterra Insights

Trade wars, renegotiated trade deals, technology advancements, rising transportation costs, and a growing global middle class have all contributed to a more complex international economic environment. In the United States, growing nationalist and protectionist sentiment rests on the hope manufacturing (and associated jobs) will return from overseas. Michael Collins, President of MPC Management, argues it’s a false hope if a solid industrial strategy is not implemented.

Holiday Sales Look Bright

Enterra Insights

Most analysts are predicting brisk sales this holiday season that equal or better last year’s sales. Erica Sweeney reports an OpenX survey conducted with the Harris Poll found consumers are optimistic about the current economy.[1] 1] As a result, she writes, “More than 80% of consumers are planning to spend the same amount or more on gifts in 2018 compared to last year.” ” That’s good news for retailers — if they’re ready … now.

Survey 100

Your Data Has Value. Learn How Technology Can Unlock It.

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.

The Last Mile is the Last Opportunity to Impress

Enterra Insights

In this e-commerce, “customer is king” environment, last mile logistics is becoming a differentiator for many retailers. The last mile is the last opportunity retailers have to impress their customers. Hence, selecting logistics partners is an important consideration.

Retail 100

Organizations need Machines that Learn

Enterra Insights

Every day new articles are published about the importance of artificial intelligence (AI) for businesses hoping to remain competitive in the coming decades. The term “AI” is broad and often ambiguous. More often than not, those articles are referring to a subset of AI known as machine learning. Udai Chilamkurthy, lead architect for retail and logistics at Sainsbury’s, bluntly states, “AI in some senses is a meaningless term, it doesn’t say anything about anything.”[1]

Data 100

Addressing Omnichannel Fulfillment Challenges

Enterra Insights

Google the term “omnichannel” and you are likely to find as many articles about the challenges associated with omnichannel fulfillment as you are about the importance of omnichannel operations for the future of retail. For example, Joe Skorupa ( @joeskorupa ) writes, “Omnichannel fulfillment is an essential retail function and yet few retailers claim they do it well. Major weaknesses include efficiency, accuracy, cost effectiveness and speed.”[1]

Big Data Poised to Play a Big Role in Ensuring Food Security

Enterra Insights

“Producing enough food, fiber and fuel for more than 9 billion people by 2050, while conserving natural resources is a … Continued. The post Big Data Poised to Play a Big Role in Ensuring Food Security appeared first on Enterra Solutions.

Taking S&OP to the next level with supply chain analytics

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.

Christmas is Coming. The Goose is getting Fat. Is Your Supply Chain Ready?

Enterra Insights

Let’s be honest. If your supply chain isn’t ready for the holiday shopping season by now, it’s probably too late to improve it very much. Preparations for the holiday shopping season really need to begin around the first of the year. But, as Paul Myerson, an instructor in Management and Decision Sciences at Monmouth University, asks, “Where to begin?”[1]

The Digital Supply Chain needs to be a Smart Supply Chain

Enterra Insights

Most analysts agree supply chains need to go digital. More recently analysts are also talking about the importance of supply chains becoming smart. By that they mean supply chains need to take advantage of artificial intelligence (AI) capabilities to get the most out of collected data.

Data 100

A Call to Arms for the Supply Chain Revolution

Enterra Insights

One of our mottos at Enterra Solutions® is “Revolution not Evolution.” ” Bill DuBois, Director of Marketing Content at Kinaxis, appears … Continued. The post A Call to Arms for the Supply Chain Revolution appeared first on Enterra Solutions.

Supply Chain Risk Management Highlighted by a Tiny Computer Chip

Enterra Insights

As recent events demonstrate, science fiction often turns into science fact. Jason Koebler and Joseph Cox explain, “In the 2015 novel Ghost Fleet , the spark that starts World War III is not a nuclear bomb, but a supply chain hack. In the book — which is based on real-life technology, technical papers, and diplomatic meetings — national security and international relations expert Peter W.

The 4 Stages of Supply Chain Analytics

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.