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. The change in front of us will transform the base-level definitions of source, make and deliver. Seven Predictions for 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. The greatest gap in sourcing talent is in deep analytic skills. I look forward to sharing the images the groups will develop on the Future of Supply Chain 2030 with our visual artist next week.

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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. Source: EBN.

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. In our recent analysis of supply chains that are “working well” , we find higher performance when companies have source, make and deliver reporting to the supply chain organization. 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

Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. The greatest value happens when companies can link across source, make and deliver. We are also in the cusp of a technology evolution with cognitive computing and open source platforms. Economic Vision of Supply Chain 2030. 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.

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

” Or alternatively, “Is there data that could be sourced to help?” In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted. inventory turns. Imagine Supply Chain 2030.

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

Supply Chain Shaman

Teams continuously balance cost, customer service, asset utilization and inventory. For most –hamstrung by silo-based strategies for source, make and deliver–there is no clear definition of supply chain strategy. I will be sharing this data from 150 respondents sourced from my Linkedin 307,000 followers over the course of the next couple of weeks. The combination of cloud, cognitive computing and open source analytics is evolving. Imagine Supply Chain 2030.

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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. Trade-offs between source, make, and deliver are possible in the strategic horizon of planning, but not in shorter time durations. Second Step: Understand the Role of Inventory. Companies are unsure if inventory is a bad or a good thing. Current Levels of Inventory.

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. Source ID. Source ID. Source ID. 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. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

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

Supply Chain Shaman

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. 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. Economic Vision of Supply Chain 2030. Supply Chain 2030.

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. Key points: Explore crowd sourced delivery capabilities, they’re expanding nationally at a rapid pace. 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.

Reduce Costs: Invest In Talent

Supply Chain Shaman

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. 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.

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. Expect to pay more in salaries to source, hire and retain the talent needed for the digital supply chain.

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. Retail forecasts are never a good source of data for the manufacturer.

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.

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The need to know

EFT

Apple to remove Carbon from supply chain, products by 2030. Softbank pulls investment from Credit Suisse supply chain funds: sources. e-commerce firm planning to keep a minority stake, two sources familiar with the matter told Reuters on Monday.

Importance of Technology on India’s Supply Chain Management

20Cube Logistics

Source: World Bank Logistics Performance Index 2018 ). According to PwC, out of top 20 bilateral trade routes in the world, 16 will have APAC countries and 80 % of the world trade market will be in APAC countries routes by the year 2030. With respect to electronic invoicing, tracking, inventory management, and supply chain visibility, technology is playing an important role by simplifying the processes.

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Five Trends That Excite Me!

Supply Chain Shaman

Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? Another source of disappointment is the lack of capabilities in the IBP modeling engines. Future of Analytics in the Building of Supply Chain 2030. Most companies failed to select capabilities based on industry-specific capabilities, and there is a struggle to deliver on the promises made in the areas of plant scheduling and inventory. Holiday travel.

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The Secret of Getting Ahead (Takeaways from Command Alkon ELEVATE 2018 Conference)

Talking Logistics

The answer to the first question is clear when you consider the following sobering statistics about the industry: According to the McKinsey Global Institute, the world will need to spend $57 trillion on infrastructure by 2030 just to keep up with GDP growth. The benefits to date include better asset utilization for the hauler, more optimized inventory levels for the plant (along with less labor hours spent on order management), and better capacity utilization for the supplier.

Top 25 Supply Chains of 2018

Material Handling and Logistics

The rankings are based on a composite score based on the opinions of Gartner’s analysts; a group of peer voters (mostly supply chain practitioners, professionals and experts; in the interests of full disclosure, I myself am part of the peer panel); some metrics, including return on assets, inventory growth and revenue growth; and a corporate social responsibility (CSR) component score. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

Building Outside-In Processes

Supply Chain Shaman

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. 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. Economic Vision of Supply Chain 2030. This weekend, I decompressed and turned off my cell phone.

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. High-velocity or streaming data requires different architectures built on non-relational, cloud-based architectures using open source tools like Apache Spark. Short cycles require buffer inventories and short lead times. source Moody’s).

Forget the Supply Chain of 2020. Here are 3 Things That Supply Chains Need Today.

Arkieva

While it is nice to envision supply chains in 2020 or 2030 the truth is; for many manufacturing businesses, discussions about future supply chain innovations, often leads to a “yeah.right,” smirk by supply chain executives – this with good reason. Forecasts drive most downstream supply chain processes because they help supply chain leaders determine the amount of raw materials needed; and how to gauge inventory levels to avoid overstocks or an understock. Source: Arkieva.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control. Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfilment and production planning. Supplier inventory management. Inventory management.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control. Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfillment, and production capacity planning. Supplier inventory management. Inventory management.

Ultimate guide to technologies that are transforming supply chains

6 River Systems

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. IoT sensors provide real-time visibility into inventory levels, making it possible to identify sales trends and make more accurate projections to plan for future manufacturing or replenishment. According to PricewaterhouseCoopers , AI’s potential contribution to the global economy by 2030 is $15.7

5 Disruptions Shaping the Digital Transformation in Distribution and Logistics

Supply Chain Nation

Source: Grainger Q1 2017 Earnings Call ). Data gives distributors and 3PLs the ability to manage the entire supply chain on behalf of the customer, manage their ordering and inventory levels and providing them with insights that’ll help improve service levels. Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs).

Logistics in 2020: The Future of Road Freight

BluJay Solutions

By 2020, the price per barrel of oil will be on average about $150, with much higher peaks possible (source: International Energy Agency Oil Market Outlook 2011). The 2011 publication of a Whitepaper from the European Commission concluded 30% of road freight transport over 300 km should shift to other modes such as rail or waterborne transport by 2030, and more than 50% by 2050 (European Commission, 2011). The logistics industry is shaping up for some radical changes.

50 expert tips on logistics planning and strategy

6 River Systems

NetSuite has launched a supply chain snapshot feature that’s a central part of any control tower that shows all of your inventory and related transactions with the ability to filter by subsidiary, location, etc. “Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response. Think about how your warehouse might look in 2030.

5 Disruptions Shaping the Digital Transformation in Distribution and Logistics

Supply Chain Nation

Source: Grainger Q1 2017 Earnings Call ). Data gives distributors and 3PLs the ability to manage the entire supply chain on behalf of the customer, manage their ordering and inventory levels and providing them with insights that’ll help improve service levels. Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs).

Think Differently. Drive New Outcomes. Let Us Help You Build A Guiding Coalition.

Supply Chain Insights

Understand inventory write-offs, impact of forecast processes and technology satisfaction in the planning benchmarking. By 2030, companies will be short 20% of employees at the senior manager and director level. Supply chains are not equipped to sense, think, and respond intelligently through digitized relationships which provide new sources of data and insight. Summer is ending. 2018 is right around the corner. Is it time to start to plan the new year? Forge a strategy?