Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. 2030 is 14 years in the future. Seven Predictions for Supply Chain 2030. It is hard to predict the future; and when you do, you know that you will be wrong, but please lean in with me and Imagine Supply Chain 2030.

To Move Forward, We Need to be Clear on What We Are Automating

Supply Chain Shaman

The event is designed to Imagine Supply Chain 2030. As can be seen in the analysis, 80% of the industries studied for the report went backward on key performance measurements like cost and inventory management over the last decade. I look forward to sharing the images the groups will develop on the Future of Supply Chain 2030 with our visual artist next week. Supply Chain Excellence data scientist supply chain 2030 supply chain talent

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2016 Supply Chain Insights Summit: Imagining Supply Chain in 2030 as The Engine of Growth

Arkieva

It was clear that the stage was set for subsequent discussions on supply chain innovation topics, the direction of the industry in the near future of 2030; and what companies today have to do to stay ahead of the curve. Strength – Inventory Turns & Operating Margin Vector Trajectory (30%). Resiliency – Inventory Turns & Operating Margin Mean Distance (30%). “Run from what’s comfortable. Forget safety. Live where you fear to live. Destroy your reputation.

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. Targets for 2030 Include: Improve freight system efficiency 25 percent by 2030. New Study Shows a Rise in US Company Inventories.

Measuring Up?

Supply Chain Shaman

In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. When this happens, we find that the organization is more aligned and perform(s) better on the Supply Chain Metrics That Matter –growth, inventory turns, operating margin, Return on Invested Capital (ROIC). (We Inventory Turns. The bigger the inventory turns number the better. Improvements in C2C outpaced inventory improvements.

Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

At the conference, we will be challenging supply chain leaders to focus on Supply Chain 2030 through a programmatic focus on five themes: Supply Chains to Admire. Economic Vision of Supply Chain 2030. Join us for a critical view of supply chain 2030 through the insights of leading economists. Supply Chain 2030. On Sunday, I spent the day at the Barnes Foundation with an old friend Karen. I love art museums, and connections with old friends are great for the soul.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

It is not as simple as trading-off inventory, cost, and customer service. In the Supply Chains to Admire analysis, the focus is to understand the relative performance of a company within a peer group of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). (We Imagine Supply Chain 2030. The focus is on Imagining Supply Chain 2030. At the event, technologists and business leaders work shoulder-to-shoulder to Imagine Supply Chain 2030.

Update on the Automotive Industry

Logistics Trends and Insights

The PwC predicts that more than 55% of all new car sales could be fully electrified by 2030, and over 95% of new car sales will be partially electrified. Based on mileage, the study also claims that Europe’s share of autonomous driving in overall traffic may rise to as much as 40% by 2030. Elementary structures and attitudes will have to change fast in order to cope with the developments by 2030 and beyond,” writes the study’s authors. “If by Amy Wunderlin.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

There is no logical connection between inventory strategy and logistics optimization or the multiplicity of rules—allocation, ATP, inventory matching, routing—and planning engines. Second Step: Understand the Role of Inventory. Companies are unsure if inventory is a bad or a good thing. Inventory is the most important buffer in times of volatility: however, with the current levels of understanding of inventory strategies, most are holding the wrong inventory.

S&OP: Can You Make Decisions at the Speed of Business?

Supply Chain Shaman

Teams continuously balance cost, customer service, asset utilization and inventory. Imagine Supply Chain 2030. The focus is on Imagining Supply Chain 2030. At the event, technologists and business leaders work shoulder-to-shoulder to Imagine Supply Chain 2030. Yawn. I spent time this week completing reference calls on the use of S&OP technologies.

S&OP 187

Supply Chain Complexity and the Need for Disruptive Technology

ToolsGroup

As a result, Cecere says that today 80% of companies are seeing the same results (operating margins versus inventory turns) as they did ten years ago. They’ve developed outward-facing processes that leverage channel data with minimal latency to grasp demand, balance inventory, and replenish supply across complex “networks of many”. Looking into the future, you won’t likely do business the same way in 2030 that you do today, and your supply chain will need to keep pace, says Cecere.

The March of the Lemmings.

Supply Chain Shaman

A supply chain team improved forecast accuracy by 22%, but did not improve inventory or customer service. The focus is to understand which companies are able to drive better performance, while accelerating improvement, than peer group on a balanced scorecard of growth, operating margin, inventory turns and Return on Investment Capital (ROIC). Imagine Supply Chain 2030. The focus is on Imagining Supply Chain 2030. Lemmings are misunderstood. So are supply chain leaders.

Lassoing S&OP

Supply Chain Shaman

Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory. As long as the data flows for roll-up on inventory, forecasting and planned orders, each business can build and run their own visualization layer as long as it can roll up for an executive view. Forge New Directions for Supply Chain 2030. A lasso is what supply chain leaders would like to have.

S&OP 165

Lassoing S&OP

Supply Chain Shaman

Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory. As long as the data flows for roll-up on inventory, forecasting and planned orders, each business can build and run their own visualization layer as long as it can roll up for an executive view. Forge New Directions for Supply Chain 2030. A lasso is what supply chain leaders would like to have.

S&OP 158

Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. Channel sensing enables the use of channel consumption, and the modeling of inventory across channels, to understand global and regional trends to maximize opportunity and mitigate risk. Choices on when to push, and when to pull, with translation into inventory policy and decoupling points.

For Every Tom, Dick, and Harry

Supply Chain Shaman

Each also has a very different meaning of the role of inventory. My role was to start-up Vendor Managed Inventory (VMI) processes for Clorox to replenish Wal-Mart more effectively. For example, I recently worked with a company CEO that dictated 100% order compliance with no inventory. Imagine Supply Chain 2030. The focus is on Imagining Supply Chain 2030. At the event, technologists and business leaders work shoulder-to-shoulder to Imagine Supply Chain 2030.

Groundhog Day

Supply Chain Shaman

Fighting city hall is hard… My greatest objection with the Gartner methodology is that only 5 of the 27 supply chains are driving improvement on the Supply Chain Metrics that have the highest correlation to Market Capitalization (Growth, Operating Margin, Inventory Turns, and Return on Invested Capital (ROIC)) and driving improvement on Market Price to Tangible Book. Economic Vision of Supply Chain 2030. Supply Chain 2030. Groundhog Day is celebrated on February 2.

The need to know

EFT

Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive director for the nation’s busiest seaport said on Wednesday. Japan aims to set up commercial hydrogen fuel supply chain by 2030.

Key learnings from Supply Chain Insights’ Global Summit

AIMMS

The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” Research shared by APICS suggested that the biggest impact on revenue, total SC cost, inventory, and adaptability is the capability to successfully link S&OP to daily/weekly tactical planning & execution. It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia.

Global 148

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. If you trace the year-over-year pattern, you can see that P&G made progress on inventory turns and operating margin 2006-2007, 2009-2010. In the other years, P&G improves inventory turns but regresses on operating margin performance.) Orbit Chart of Colgate at the Intersection of Operating Margin and Inventory Turns. Supply Chain 2030.

Global 220

A River Runs Through It…

Supply Chain Shaman

This includes: new product launch forecasting, seasonal inventory targets, demand affinities, push-based inventory strategies, demand shaping activities (price, promotion, run-out strategies, sales incentives, trade incentives), and turn-based volume. At the conference, we will be challenging supply chain leaders to focus on Supply Chain 2030 through a programmatic focus on five themes: Supply Chains to Admire. Economic Vision of Supply Chain 2030. Supply Chain 2030.

Reduce Costs: Invest In Talent

Supply Chain Shaman

Across the industry, we find that companies think that they are managing costs and inventory better through technology investments like supply chain planning, but they have a false sense of accomplishment. By graphing the financial metrics through orbit charts, we find that 90% of companies are stuck at the intersection of operating margin and inventory turns. We want to build a guiding coalition to rethink supply chain processes and prepare organizations for Supply Chain 2030.

10 Ideas for More Efficient & Productive Warehouse Operations

Cerasis

Accenture predicts the value created by the IIoT could reach as high as $15 trillion by 2030, paving the way for more efficient, productive, and intelligent industrial warehouse operations. Automated storage and retrieval systems can, for example, increase picking accuracy while yielding better inventory control. According to the U.S. Bureau of Labor Statistics, tripping, falling, and slipping account for the majority of “general industry accidents.”

Household Products Industry Stuck in Neutral and Going Backwards

Supply Chain Shaman

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. For example, P&G kept pace with the industry average on operating margin and inventory turns, and posted some of the best results in Cash-t0-Cash (30 days below the peer group), but underperformed on growth and Return on Invested Capital. As the company spiraled in the updraft of the market, it built inventory. billion in inventory charges in April 2001.

Key learnings from Supply Chain Insights’ Global Summit

AIMMS

The conference, organized by Supply Chain Shaman Lora Cecere and her team, was structured around a compelling theme: “imagine the supply chain of 2030.” Research shared by APICS suggested that the biggest impact on revenue, total SC cost, inventory, and adaptability is the capability to successfully link S&OP to daily/weekly tactical planning & execution. It was a pleasure to attend this month’s Supply Chain Insights Summit in Philadelphia.

Global 120

Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

Shifts in Traditional Supply Chain Processes in the Building of Capabilities for Supply Chain 2030. Companies that are good at demand management understand the need for design–form & function of inventory and push/pull decoupling points –and the orchestration of demand to make better decisions in sourcing, transportation and delivery. Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania.

Coming soon to a supply chain near you: 8 big digital disruptors

Kinaxis

These retail robots can scan and track on-store inventory at rates far exceeding what any human worker could accomplish, capturing data on up to 20,000 products an hour. These driverless, flying taxis are part of Dubai’s plan to have self-driving vehicles (of all kinds) account for a quarter of journeys made in Dubai by 2030. Explore how drones can play a role within your international operations in terms of inventory and goods transport.

TMS Delivers on NASSTRAC’s Five Common Sense Suggestions for Shippers

Supply Chain Collaborator

The hard-hitting new report from the National Shippers Strategic Transportation Council (NASSTRAC) is titled, “ Logistics 2030: Navigating a Disruptive Decade, Year 1 – Freight Transportation ” and it is full of powerful conclusions about what shippers are facing in the coming decade as the pace of technological advancement and change continues to accelerate. A recent NASSTRAC report revealed five common-sense suggestions for shippers navigating today’s disruptive operating environment.

Examining LogiPharma 2019 – Top 3 symptoms you caught the life sciences supply chain bug

Kinaxis

Global Fund’s mission is to end AIDS, malaria and tuberculosis by 2030. Temperature, timing, and few supply options with no buffer inventory to satisfy demand are all risk factors along with the fact this is a high touch supply chain requiring extremely talented individuals. One strategy is to stock pile inventory for the UK, but this would be at the expense of other markets because of limited capacity. by Bill DuBois.

Manufacturing ERP Plays a Key Role for Sustainability

QAD

As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. Consider the effects of excess inventory and unnecessary shipments. Sustainability has become increasingly important in recent years and is now a vital component of many organizations’ social, economic and environmental efforts.

No Easter Bunny?

Supply Chain Shaman

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. The overarching theme is to Imagine Supply Chain 2030.

The best of Quintiq World Tour London: Chickens, skydiving & business planning

DELMIA Quintiq

million to 10 million by 2030! They are demand variability; inventory management and optimization; and cost containment and reduction. No, chickens did not skydive at the Quintiq World Tour event in London. But it was still an exciting day at the Park Plaza Hotel in the heart of the great city, filled with invaluable business insights and stories by our customers Moy Park, Transport for London and many others. Here are six highlights from the event: 1. Keeping London running.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. We salute the year’s top advancements in supply chain technology and processes.

Future-proofing Supply Chain with Artificial Intelligence

ThroughPut

The Impact on Supply chains is twofold – First, companies must closely monitor short-term and long-term demand and inventory to account for any production loss in case of factory closures and economic slowdown. Second, retailers who are faced with inventory depletion as consumers stock up for potential quarantine or extended stays at home. trillion to the global economy by 2030. AI in Supply Chain.

Future-proofing Supply Chain with the Power of Artificial Intelligence

ThroughPut

The Impact on Supply chains is twofold – First, companies must closely monitor short-term and long-term demand and inventory to account for any production loss in case of factory closures and economic slowdown. Second, retailers who are faced with inventory depletion as consumers stock up for potential quarantine or extended stays at home. trillion to the global economy by 2030. AI in Supply Chain.