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When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

We started the pandemic with an average of twenty-one more days of inventory on average across industries than at the start of the 2007 recession. Let’s take an example. Bi-directional orchestration is the constant redesign of the supply chain across make, source, and deliver to improve outcomes and reliability.)

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When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

We started the pandemic with an average of twenty-one more days of inventory on average across industries than at the start of the 2007 recession. Let’s take an example. Bi-directional orchestration is the constant redesign of the supply chain across make, source, and deliver to improve outcomes and reliability.)

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When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

We started the pandemic with an average of twenty-one more days of inventory on average across industries than at the start of the 2007 recession. Let’s take an example. Bi-directional orchestration is the constant redesign of the supply chain across make, source, and deliver to improve outcomes and reliability.)

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Building Outside-In Processes

Supply Chain Shaman

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. For example, should customer sentiment data feed into quality systems?

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Managerial Practice Will Need to Catch up with the Emergence of Real-time Supply Chains

NC State SCRC

Examples of visibility include demand visibility, market visibility, and supply visibility. Examples include the multiple layers of approvals for purchase orders, delays in decisions when a forecast deviation occurs, or the lack of response when a major disruption shuts down shipments to customers. These principles are not new.

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Reflections, Thank-you(s) and Rethinking the Future

Supply Chain Shaman

This includes: Sensors coupled with data from the Internet of Things (IOT). Open Source Technologies (Examples include Hadoop, Spark, Kafka). As growth slowed post 2007 recession, companies fought back. Blockchain/Cryptocurrency. Analytics (Artificial Intelligence, Machine Learning and Cognitive Computing). 3D Printing.

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Growing Challenges in Supplier CSR Monitoring are Being Met with Powerful Digital Solutions

EcoVadis

This is creating a ‘triple-whammy’ of imperatives for procurement teams — and their trading partners — to monitor and manage risk, while at the same time exposing new sources of value that will be the key differentiators in the future. Additional data such as sustainability indicators, can be attached at each step in the chain.