The Network Effect

What is Machine Learning?

The Network Effect

I was having a discussion about Artificial Intelligence (AI) in supply chain planning and execution with Steve Banker today, and. The post What is Machine Learning? appeared first on The Network Effect. Artificial Intelligence (AI) artificial intelligence machine learning

Video: How to Digitize the Retail Supply Chain

The Network Effect

Retailers today are in a poor position to compete against a vertically integrated and fully digitized online giants like Amazon. The post Video: How to Digitize the Retail Supply Chain appeared first on The Network Effect. Digital Supply Chain Retail consumer-driven digital supply chain retail

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Video: Digital Transformation for Restaurants

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Restaurants have been under increasing pressure to meeting changing consumer demand, lower costs, and minimize waste. Consumer-driven, digital business networks. The post Video: Digital Transformation for Restaurants appeared first on The Network Effect. Digital Supply Chain Foodservice Many-to-Many Network Retail Supply Chain Management The Network Effect digital transformation foodservice restaurant supply chain management

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Building a Better Supply Chain Control Tower

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Putting the Consumer at the center of the supply chain universe In a previous post, Rise of Supply Chain Control. The post Building a Better Supply Chain Control Tower appeared first on The Network Effect.

The Value of Supply Chain Planning in Process Manufacturing

Supply Chain Planning (SCP) is enormously important to those process manufacturers that aspire to differentiated performance -- not just large enterprise businesses but companies of all sizes.

The Biggest Mistake You’ll Ever Make (Supply Chain Change Management Tips)

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dusk-photography/Flickr. You must learn from the mistakes of others. You can’t possibly make them all yourself. – Sam Levenson. How does it work today?’. It’s the first question any self respecting project leader or consultant asks on day 1 of a new initiative.

Digital Supply Chains: What’s the Big Deal?

The Network Effect

There’s an interesting report from Boston Consulting Group (BCG), Three Paths to Advantage with Digital Supply Chain , that illustrates the urgent need for companies today to transition to a digital supply chain, if they haven’t done so already.

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Five reasons why our supply chains aren’t demand driven

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It is difficult to come across many supply chain leaders today who do not subscribe to the principle of Demand-Driven Supply Chains.

The Five Ts of the Global Food Supply Chain

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by Sean Crossey The global food supply chain brings us exotic fresh foods from around the world. But the challenges. The post The Five Ts of the Global Food Supply Chain appeared first on The Network Effect. Foodservice The Network Effect food restaurant supply chain

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Leveraging Supply Chain Data for Competitive Advantage

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

6 Trends Shaking the Pharmaceutical Market

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In this post I’ll examine some of the top trends and challenges that are impacting the pharmaceutical industry. The post 6 Trends Shaking the Pharmaceutical Market appeared first on The Network Effect.

Why cognitive overload undermines planning solutions

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Steve Jurvetson/Flickr. In the mid 1950’s a series of simple experiments were held with various groups of people to get a handle on the cognitive capabilities of people. In a famous experiment, Baba Shiv randomly split groups of people into two groups: One group memorized two digits, say “17”; and.

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6 maps that explain global supply chains

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We all know that supply chains are becoming more and more global, but how often can we actually see them becoming more global? The site vox.com has compiled 38 maps that explain the global economy. We’ve selected 6 that are especially relevant to supply chains. #1:

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Inside Control Tower 4.0: Achieving Disruptive Results with Autonomous Control Towers

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Supply chain control towers have been around for a while now, but in recent years they have progressed rapidly, making. The post Inside Control Tower 4.0: Achieving Disruptive Results with Autonomous Control Towers appeared first on The Network Effect. Digital Supply Chain Supply Chain Control Towers Technology The Network Effect control towers supply chain

Sharing the “Best Version of the Truth” to Trading Partners

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Image by Flickr User Adam Grabek. Note: This is the latest in a series of posts that discuss how your companies master data management strategy (MDM) has a direct relationship to your company’s fiscal health.

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CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making.

Amazon is Disrupting the Grocery Business. Time for the Grocers to Disrupt Amazon back!

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Grocery will never be the same again… The acquisition of Whole Foods by Amazon today is a landmark event for. The post Amazon is Disrupting the Grocery Business. Time for the Grocers to Disrupt Amazon back! appeared first on The Network Effect. Digital Supply Chain Retail Supply Chain Management The Network Effect amazon ecommerce grocery retail

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Pharma companies will increasingly take cues from retail and consumer goods….why?

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Is Flowcasting the Supply Chain Only for the Few?

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Flowcasting has often been referred to as ‘the Holy Grail’ of demand driven supply chain planning (and rightly so). Driving the entire supply chain across multiple enterprises from sales at the store shelf right back to the factory. So is Flowcasting a retail solution or a manufacturing solution?

The Future of Supply Chain?

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SCM World just released an interesting report (gated) on the “The Future of Supply Chain”, based on responses from more than 1000 supply chain leaders around the world.

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The Modern Supply Chain: Present and Future

The external manufacturing environment is a highly dynamic, ever-changing landscape. The supply chain must both anticipate and adapt to that change.

A shift in philosophy: basketball and your demand forecast

The Network Effect

In January 1971, Fordham University Rams played an NCAA basketball game against the then mighty University of Massachusetts Redmen team. The game was played in Amherst, at the legendary arena known as the Cage.

What is an ASN and why is it so important to the automotive supply chain?

The Network Effect

Note: This is an ongoing series of posts on new developments within the automobile supply chain, with examples of best practices. In my last three posts, I talked about order aggregation , new inventory replenishment policies and why a network model makes so much sense.

Walmart’s Carriers of the Year 2015

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Congratulations to Walmart’s Carriers of the Year for 2015. Walmart selected the carriers based on their “dedication to customer service and a commitment to creating innovative solutions in an evolving, yet extremely important, business.”.

How Inventory Management is a problem the size of Australia

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chem7/Flickr. You’re about to learn some depressing news, so first, take a look at the cute Koala above. Ok, ready? Did you know that retailers worldwide are missing out on 7.5% of revenue due to out-of-stocks and overstocks? That translates to $1.1

Balancing Priorities in the Supply Chain: How Data Discovery Reveals Unseen Associations and Opportunities

Leading companies are constantly managing competing supply chain priorities.

Why the supply chain should be more social

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No company has ‘truly’ modeled the full relationship set between how companies interact with other companies upstream and downstream in the supply chain. Some of the largest companies in the world struggle to maintain accurate master data about their suppliers.

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A new frontier for forecast accuracy

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Mike Behnken/Flickr. Note, this is part two in a series on demand sensing. Part one is here. . At some point most forecasting methods will hit the law of diminishing returns where the forecast accuracy will tend to flatten out, regardless of the formulae or analytics that are applied.

How cloud-based S&OP should work

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Le Spot Multiburo Espace/Flickr.

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How the Internet of Things (IoT) Can Optimize Fleet Management

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The Internet of Things (IoT) is having a profound impact across the supply chain. In this article, Geoff Annesley looks. The post How the Internet of Things (IoT) Can Optimize Fleet Management appeared first on The Network Effect.

The Sustainable Supply Chain: Realizing Costs Savings and Increased Efficiencies Through Data Discovery

The sustainable supply chain is the future supply chain.

Why pharma companies are building direct sales channels to the end-consumer

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Many companies in the pharmaceuticals sector are facing a challenge; they must decide if, when, and to what extent they should develop a direct-distribution channel to the end consumer.

Integrating Big Data and Application Development into today’s Social Supply Chain

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In my last post I explained the concept of the enterprise social graph (ESG), and discussed why supply chains can benefit greatly from the advanced cloud platforms that can enable an ESG.

Science of Supply Chain: Researchers Affirm Benefits of Eliminating Information Delays

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The “Science of Theoretical Minimums” (STM) might sound dry and academic, but lurking within is a proven path to dramatic. The post Science of Supply Chain: Researchers Affirm Benefits of Eliminating Information Delays appeared first on The Network Effect. Digital Supply Chain Supply Chain Management information latency inventory management science of theoretical minimums STM supply chain optimization

The Future of the Omnichannel Retail Supply Chain

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Jim Tompkins, CEO, Tompkins International, discusses the importance of a consumer-driven supply chain in terms of the biggest threats and opportunities to retailers today. I’m not sure that the retailers get the level of disruption or the level of transformation that’s taking place in the workplace.

Machine Learning: A Quantum Leap in Forecast Accuracy for the Modern Supply Chain

Whether you realize it or not, Machine Learning is having a profound impact on your everyday life.

Why a customer-driven supply chain strategy is important

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Customer expectations are not consistent with what companies offer. Therefore, the companies supply chains are not allowing the fulfillment of the customers’ expectations. Wow, what an opening to this message! Are these first two sentences true? Am I just trying to get your attention?

Replenishment: Real Time Advantage

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In today’s environment of demanding and fickle consumers, the importance of meeting customer demand and minimizing out-of-stocks is crucial. How do you do that? There are a number of considerations, in this article I’ll cover one of the major ways, lead time reduction.

Rwanda Heads Technology Revolution in Africa

The Network Effect

Rwanda is a tiny country in Africa, the fourth smallest to be exact, but one making giant strides in embracing the latest technology. In fact, in some cases it is leapfrogging many first world countries in the race to do business, smarter, cheaper, better. Rwanda is at a distinct disadvantage.

How logistics providers can offer order promising and delivery services

The Network Effect

David Steel/Flickr.

Digitizing the Extended Supply Chain: How to Survive and Thrive

The digital economy is upending all industries and processes, placing a premium on speed, customer satisfaction, personalized products, and collaboration.