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Revolutions can take years to unfold. Such is the case with latest industrial revolution. Gjoko Muratovski, Director of the Ullman School of Design, explains, “The world is being changed in many new ways. The Covid-19 pandemic that has placed the entire planet on hold is just one part of this disruption. Another less dramatic but equally important change is also taking place in the midst of it all: the Fourth Industrial Revolution. MORE
The topic of supply chain resilience sprouted in the media and professional journals as a result of the coronavirus pandemic. Resilience is defined as the capacity to recover quickly from difficulties or spring back into shape. The pandemic has certainly tested those supply chain characteristics. MORE
From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. Journalist Tina Wilson explains, “While the evolution of the CPG landscape has been underway for years now, its rate of change has dramatically quickened as a result of the coronavirus outbreak. MORE
As we approach the Thanksgiving holiday in the United States, one of the things we are thankful for is the food that graces our tables. According to Farok J. Contractor ( @FarokGlobalBiz ), a Distinguished Professor of Management & Global Business at Rutgers University, we can thank the global supply chain for many of the food items we will consume — including the turkey. He’s not just referring to today’s global supply chain, but to historical global supply chains as well. MORE
The U.S., already reeling from the coronavirus pandemic, didn’t need exacerbating crises. Unfortunately, the west coast burned and the gulf coast flooded — with the severity of those crises attributed to climate change. While politicians dawdle, consumers expect companies to play an important role in addressing climate change. MORE
Most supply chain planners are familiar with Dwight D. Eisenhower’s observation, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” While I agree with the late five-star general and president about the indispensability of planning, I disagree that plans are useless. Because new planning techniques are making plans more realistic and viable. MORE
Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. The pandemic only accelerated that trend. “Customers are increasing their appetite for omnichannel commerce as the pandemic continues,” writes journalist Jacqueline Barba ( @JackieBarba1 ). “According to a new global survey of more than 2,500 consumers from Periscope by McKinsey, U.S. MORE
The late novelist Ayn Rand once wrote, “You can avoid reality, but you cannot avoid the consequences of avoiding reality.” ” The COVID-19 pandemic has highlighted the truth of Rand’s statement. Most business leaders faced the reality of the pandemic fairly quickly and, in most cases, the reality wasn’t pleasant. Some companies discovered their supply chains were not as resilient as they had imagined. MORE
By most accounts, we are already a month into this year’s holiday shopping season thanks to the coronavirus pandemic. Retail journalist Daphne Howland ( @daphnehowland ) observes, “To buy more time, the industry is embarking on the holiday season earlier than ever this year, but, despite the respite evident in September, retailers can’t escape the prevailing challenge of the moment — an unprecedented level of uncertainty.”[1] MORE
The pandemic has forced many companies to rethink their supply chain strategies. However, Shanton Wilcox ( @ShantonW ), U.S. manufacturing lead at PA Consulting, cautions, “Too many companies jump from appetite for change to action without fully evaluating the many ‘whys’ in between. Fully redesigning the supply chain starts with envisioning what it needs to become. MORE
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. MORE
Hindsight — understanding of a situation or event only after it has happened — is important; however, foresight — the ability to predict or the action of predicting what will happen or be needed in the future — is even more important. Companies that had the foresight to embrace online (omnichannel) operations prior to the pandemic have been richly rewarded. 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
The term “digital transformation” is found liberally scattered through articles about how businesses are adapting to the digital age. I often wonder, however, if business leaders fully comprehend what transformation means. Jim Tompkins ( @jimtompkins ), Chairman at Tompkins International, writes, “The definition of transformation is the act or process of being transformed. MORE
Supply chain experts David Simchi-Levi ( @davidsimchilevi ) and Edith Simchi-Levi note, “The pandemic has exposed one of the major weaknesses of many supply chains: the inability to react to sudden, large-scale disruptions.”[1] ”[1] This lack of agility is one reason many organizations are looking more urgently at supply chain digital transformation. MORE
One of the characteristics associated with members of younger generations is their commitment to social causes. Journalist Nicole Schuman ( @Buffalogal ) reports, “Consumer loyalty could shift if brands do not honor their social justice commitments and promises. Forty-two percent of consumers say they would start buying from competitors if brands don’t stay true to their word, according to a new survey from Sprout Social. And it’s not just words that shoppers are looking at. MORE
Two of the most obvious changes in consumer behavior during the novel coronavirus pandemic have been a spike in e-commerce and renewed interest in shelf stable food products. MORE
Although history, for the most part, advances predictably, occasionally events, like the COVID-19 pandemic, come along to reset history’s course. Some analysts refer to this as a paradigm shift. When such a reset occurs, people start asking a lot of important questions. For example, Anil Kaul ( @anil_kaul ), co-founder and CEO of Absolutdata, asks two fundamental business questions: “What will consumer behavior and profiles look like in the new normal? MORE
It’s no secret some businesses are struggling during the coronavirus pandemic. The pandemic has resulted in a double whammy involving both health and economic risks. MORE
Far too many people believe the legacy of slavery is an historical artifact — it’s not. People around the world are still being held in forced labor conditions. The staff at Global March Against Child Labor reports, “In recent years, those concerned with the issues of trafficking, forced labor, and slavery have begun to focus on supply chains as a new arena of action with a focus on girls and young women. MORE
With the prospect of wary consumers remaining reluctant to shop in stores during the upcoming holiday season, online sales began in earnest with Amazon’s October Prime Day. Other large retailers, like Walmart, also announced they were canceling traditional Black Friday sales promotions in favor of season-long, online sales campaigns. Although these efforts don’t discount in-store shopping, they certainly highlight the significance retailers are placing on omnichannel operations. MORE
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. MORE
There is a lot of discussion about the future benefits of the Internet of Things (IoT) — sometimes called the Industrial Internet of Things (IIoT). As more and more devices connect to the Internet, the amount of data being generated will explode. Some experts worry that businesses will drown in data. Making oceans of IoT-generated data useful for people, governments, and businesses requires the capabilities of cognitive technologies. MORE
The late, great, hall of fame baseball player Yogi Berra once stated, “If you don’t know where you are going, you’ll end up someplace else.” ” A similar sentiment was provided to Alice during her adventures in Wonderland when the Cheshire Cat told her, “If you don’t know where you are going any road can take you there.” ” Both these sentiments underscore the importance of planning. MORE
Some things seem destined to go together; for example, a wink & a smile; bed & breakfast; cookies & milk; and fish & chips. Many pundits assert 5G and cognitive technologies — often referred to as artificial intelligence (AI) — should be added to the list of famous pairs. MORE
British novelist Wilbur Addison Smith once wrote, “History is a river that never ends.” ” The metaphor of history as a river is misleading. It implies a fairly steady flow of events from the past into the future. Forecasters would love that to be true. Unfortunately, the coronavirus pandemic once again demonstrates how history is more like tectonic plates floating on the Earth’s core than it is a river. MORE
Supply chain professionals know how complex today’s supply chains can be. Erminio Di Paola, Vice President at HERE Technologies, explains, “Getting an item as common as a pencil into the hands of a consumer can require a process involving hundreds or even thousands of people, from material procurement to manufacturing to distribution. MORE
Artificial intelligence (AI) is a frequently heard, and oft misunderstood, buzzword in business circles. Eric Siegel ( @predictanalytic ), a former computer science professor at Columbia University, writes, “A.I. is a big fat lie. Artificial intelligence is a fraudulent hoax — or in the best cases it’s a hyped-up buzzword that confuses and deceives.”[1] MORE
“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. MORE
In dark times, people look longingly for the dawn of a new day. The coronavirus pandemic resulted in dark times for many supply chains and, as a result, much is being written about how supply chains can transform and usher in a new day of supply chain operations. Michael Schrage, a research fellow at the MIT Sloan School of Management, explains the global outbreak of COVID-19 has “dramatically accelerated digital transformations worldwide. MORE
Enterra Insights
NOVEMBER 24, 2020
The pandemic has forced many companies to rethink their supply chain strategies. However, Shanton Wilcox ( @ShantonW ), U.S. manufacturing lead at PA Consulting, cautions, “Too many companies jump from appetite for change to action without fully evaluating the many ‘whys’ in between. Fully redesigning the supply chain starts with envisioning what it needs to become.
Enterra Insights
NOVEMBER 23, 2020
The late novelist Ayn Rand once wrote, “You can avoid reality, but you cannot avoid the consequences of avoiding reality.” ” The COVID-19 pandemic has highlighted the truth of Rand’s statement. Most business leaders faced the reality of the pandemic fairly quickly and, in most cases, the reality wasn’t pleasant. Some companies discovered their supply chains were not as resilient as they had imagined.
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Enterra Insights
NOVEMBER 10, 2020
Artificial intelligence (AI) is a frequently heard, and oft misunderstood, buzzword in business circles. Eric Siegel ( @predictanalytic ), a former computer science professor at Columbia University, writes, “A.I. is a big fat lie. Artificial intelligence is a fraudulent hoax — or in the best cases it’s a hyped-up buzzword that confuses and deceives.”[1]
Enterra Insights
NOVEMBER 20, 2020
As we approach the Thanksgiving holiday in the United States, one of the things we are thankful for is the food that graces our tables. According to Farok J. Contractor ( @FarokGlobalBiz ), a Distinguished Professor of Management & Global Business at Rutgers University, we can thank the global supply chain for many of the food items we will consume — including the turkey. He’s not just referring to today’s global supply chain, but to historical global supply chains as well.
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Our recent supply chain planning survey showed that only 17% of organizations place considerable effort on innovation. For most, firefighting is the norm. But to succeed in today’s business landscape and recover quickly from disruptions, you need to carefully balance operational excellence with innovation for long-term growth. Get insights in this Gartner report to find out where to invest and what you should adopt as standard business practices.
Enterra Insights
NOVEMBER 17, 2020
The late, great, hall of fame baseball player Yogi Berra once stated, “If you don’t know where you are going, you’ll end up someplace else.” ” A similar sentiment was provided to Alice during her adventures in Wonderland when the Cheshire Cat told her, “If you don’t know where you are going any road can take you there.” ” Both these sentiments underscore the importance of planning.
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Enterra Insights
NOVEMBER 13, 2020
By most accounts, we are already a month into this year’s holiday shopping season thanks to the coronavirus pandemic. Retail journalist Daphne Howland ( @daphnehowland ) observes, “To buy more time, the industry is embarking on the holiday season earlier than ever this year, but, despite the respite evident in September, retailers can’t escape the prevailing challenge of the moment — an unprecedented level of uncertainty.”[1]
Enterra Insights
NOVEMBER 6, 2020
With the prospect of wary consumers remaining reluctant to shop in stores during the upcoming holiday season, online sales began in earnest with Amazon’s October Prime Day. Other large retailers, like Walmart, also announced they were canceling traditional Black Friday sales promotions in favor of season-long, online sales campaigns. Although these efforts don’t discount in-store shopping, they certainly highlight the significance retailers are placing on omnichannel operations.
Enterra Insights
AUGUST 20, 2020
Some things seem destined to go together; for example, a wink & a smile; bed & breakfast; cookies & milk; and fish & chips. Many pundits assert 5G and cognitive technologies — often referred to as artificial intelligence (AI) — should be added to the list of famous pairs.
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
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Information on Walmart’s On-Time In-Full program is scattered, so we’ve put together everything you need to know about OTIF. Download this ebook to get the skinny on OTIF metrics, identifying the root cause of issues, and how to improve your scores!
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Enterra Insights
NOVEMBER 4, 2020
Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. The pandemic only accelerated that trend. “Customers are increasing their appetite for omnichannel commerce as the pandemic continues,” writes journalist Jacqueline Barba ( @JackieBarba1 ). “According to a new global survey of more than 2,500 consumers from Periscope by McKinsey, U.S.
Enterra Insights
NOVEMBER 3, 2020
The term “digital transformation” is found liberally scattered through articles about how businesses are adapting to the digital age. I often wonder, however, if business leaders fully comprehend what transformation means. Jim Tompkins ( @jimtompkins ), Chairman at Tompkins International, writes, “The definition of transformation is the act or process of being transformed.
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.
Enterra Insights
OCTOBER 29, 2020
One of the characteristics associated with members of younger generations is their commitment to social causes. Journalist Nicole Schuman ( @Buffalogal ) reports, “Consumer loyalty could shift if brands do not honor their social justice commitments and promises. Forty-two percent of consumers say they would start buying from competitors if brands don’t stay true to their word, according to a new survey from Sprout Social. And it’s not just words that shoppers are looking at.
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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.
Enterra Insights
JULY 23, 2020
Two of the most obvious changes in consumer behavior during the novel coronavirus pandemic have been a spike in e-commerce and renewed interest in shelf stable food products.
Enterra Insights
OCTOBER 26, 2020
Supply chain professionals know how complex today’s supply chains can be. Erminio Di Paola, Vice President at HERE Technologies, explains, “Getting an item as common as a pencil into the hands of a consumer can require a process involving hundreds or even thousands of people, from material procurement to manufacturing to distribution.
Enterra Insights
OCTOBER 19, 2020
The U.S., already reeling from the coronavirus pandemic, didn’t need exacerbating crises. Unfortunately, the west coast burned and the gulf coast flooded — with the severity of those crises attributed to climate change. While politicians dawdle, consumers expect companies to play an important role in addressing climate change.
Advertisement
Georgia-Pacific, one of the world's leading manufacturers of tissue, pulp and paper and supplier to top brands like Brawny, Angel Soft and DIXIE, trusts ClearMetal for their supply chain requirements. Read the case study to hear how one company turned the reliability and transparency of its supply chain into distinct competitive advantages.
Enterra Insights
OCTOBER 14, 2020
Although history, for the most part, advances predictably, occasionally events, like the COVID-19 pandemic, come along to reset history’s course. Some analysts refer to this as a paradigm shift. When such a reset occurs, people start asking a lot of important questions. For example, Anil Kaul ( @anil_kaul ), co-founder and CEO of Absolutdata, asks two fundamental business questions: “What will consumer behavior and profiles look like in the new normal?
Enterra Insights
OCTOBER 15, 2020
Revolutions can take years to unfold. Such is the case with latest industrial revolution. Gjoko Muratovski, Director of the Ullman School of Design, explains, “The world is being changed in many new ways. The Covid-19 pandemic that has placed the entire planet on hold is just one part of this disruption. Another less dramatic but equally important change is also taking place in the midst of it all: the Fourth Industrial Revolution.
Enterra Insights
OCTOBER 7, 2020
Most supply chain planners are familiar with Dwight D. Eisenhower’s observation, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” While I agree with the late five-star general and president about the indispensability of planning, I disagree that plans are useless. Because new planning techniques are making plans more realistic and viable.
Enterra Insights
OCTOBER 6, 2020
There is a lot of discussion about the future benefits of the Internet of Things (IoT) — sometimes called the Industrial Internet of Things (IIoT). As more and more devices connect to the Internet, the amount of data being generated will explode. Some experts worry that businesses will drown in data. Making oceans of IoT-generated data useful for people, governments, and businesses requires the capabilities of cognitive technologies.
Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum
Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.
Enterra Insights
SEPTEMBER 1, 2020
The topic of supply chain resilience sprouted in the media and professional journals as a result of the coronavirus pandemic. Resilience is defined as the capacity to recover quickly from difficulties or spring back into shape. The pandemic has certainly tested those supply chain characteristics.
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.
Enterra Insights
SEPTEMBER 28, 2020
From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. Journalist Tina Wilson explains, “While the evolution of the CPG landscape has been underway for years now, its rate of change has dramatically quickened as a result of the coronavirus outbreak.
Enterra Insights
SEPTEMBER 29, 2020
Hindsight — understanding of a situation or event only after it has happened — is important; however, foresight — the ability to predict or the action of predicting what will happen or be needed in the future — is even more important. Companies that had the foresight to embrace online (omnichannel) operations prior to the pandemic have been richly rewarded.
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.
Enterra Insights
SEPTEMBER 14, 2020
In dark times, people look longingly for the dawn of a new day. The coronavirus pandemic resulted in dark times for many supply chains and, as a result, much is being written about how supply chains can transform and usher in a new day of supply chain operations. Michael Schrage, a research fellow at the MIT Sloan School of Management, explains the global outbreak of COVID-19 has “dramatically accelerated digital transformations worldwide.
Enterra Insights
SEPTEMBER 15, 2020
British novelist Wilbur Addison Smith once wrote, “History is a river that never ends.” ” The metaphor of history as a river is misleading. It implies a fairly steady flow of events from the past into the future. Forecasters would love that to be true. Unfortunately, the coronavirus pandemic once again demonstrates how history is more like tectonic plates floating on the Earth’s core than it is a river.
Enterra Insights
SEPTEMBER 16, 2020
It’s no secret some businesses are struggling during the coronavirus pandemic. The pandemic has resulted in a double whammy involving both health and economic risks.
Enterra Insights
SEPTEMBER 11, 2020
Far too many people believe the legacy of slavery is an historical artifact — it’s not. People around the world are still being held in forced labor conditions. The staff at Global March Against Child Labor reports, “In recent years, those concerned with the issues of trafficking, forced labor, and slavery have begun to focus on supply chains as a new arena of action with a focus on girls and young women.
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