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Key takeaways from our CogX panel on how to shape the circular economy for 2030

Provenance

and sustainable supply chains” focus, we were joined by: Fiona Place, Director at Anthesis Group. Get in touch to talk about how our team and tools can support your journey. The post Key takeaways from our CogX panel on how to shape the circular economy for 2030 appeared first on Provenance News.

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5 smart factory challenges and how to address them with ERP solutions

SYSPRO Smarter ERP

If the network were to be hacked, malicious groups may be able to access individual machines, interfering with production or even resulting in a complete halt. million unfilled jobs by 2030, finding the necessary talent to implement and maintain a smart factory is a challenge faced by all in the manufacturing sector.

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The Big Sigh

Supply Chain Shaman

He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory. I quickly wrote a “how to guide” on a scrap piece of paper, suggested some consultants to help him with the analysis, and sent him home to define “what makes a good plan.” Imagine Supply Chain 2030.

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My Lessons in Interviewing Supply Chains to Admire Award Winners

Supply Chain Shaman

Many financial groups equate supply chain excellence to a cost-based agenda, mistakenly believing that saving costs in the back office can fuel growth in commercial teams. Leaders start by answering the question, “How to design the supply chain to drive unique value for customers?” Imagine Supply Chain 2030.

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Asking the Right Questions Is The First Step To Drive Supply Chain Excellence

Supply Chain Shaman

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). The focus is not on who but on how to improve outcomes. Does functional ownership matter?

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Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Here I share insights on how to get started using a four-step process. To accomplish this goal, I ask a cross-functional group to audit the past year. As a group, we drill into root issues. Many times useful data exists in marketing or sales groups, but is not shared with the supply chain team.

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The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I would argue to John: no one knows how to drive a step-change in process improvement. Reflection.

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