3 Predictions for the Future of Supply Chain by 2030

Kinaxis

by Tom Gregorchik I was recently asked a simple question during an interview: “Where do you see supply chain in 2030?”. And when I thought of the future of supply chain, I thought to myself that the year 2030 is 14 years from now—the same 14-year span of when I started in supply chain.

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

Arkieva

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.

Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. Economic Vision of Supply Chain 2030.

Household Products Industry Stuck in Neutral and Going Backwards

Supply Chain Shaman

P&G’s rate of improvement on the Metrics That Matter was lower than the peer group. They got good at Sales and Operations Planning (S&OP) and tied the output to decisions on what to make in contract manufacturing. Economic Vision of Supply Chain 2030.

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. Imagine Supply Chain 2030. The focus is on Imagining Supply Chain 2030. July is my birthday month. In the middle of busy travel, I made time for the annual physical.

Lassoing S&OP

Supply Chain Shaman

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Forge New Directions for Supply Chain 2030. A lasso is what supply chain leaders would like to have.

S&OP 227

Lassoing S&OP

Supply Chain Shaman

Metrics Definition. The organization needs to be clear on the Metrics That Matter and the alignment of vertical silos’ metrics to the balanced portfolio. Forge New Directions for Supply Chain 2030. A lasso is what supply chain leaders would like to have.

S&OP 212

What Is The Mission?

Supply Chain Shaman

The Timken Company Bridges the Gap between Supply Chain, Finance, Manufacturing, Sales, and Marketing to Drive Supply Chain Excellence. Overall results in business performance on the critical supply chain metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) are declining. Company metrics are inter-related. Balance occurs when the metrics align with the business strategy. A Leader in Performance and Metrics Improvement. .

Go Horizontal!

Supply Chain Shaman

My first job was in manufacturing in the 1980’s. The metrics reward functional thinking. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. Economic Vision of Supply Chain 2030.

Peru 254

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. We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. This is a warning for manufacturing companies.

Tackling the Unknown: Trying to Figure Out New Forms of Analytics

Supply Chain Shaman

Economic Vision of Supply Chain 2030. Join us for a critical view of supply chain 2030 through the insights of leading economists. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

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

Supply Chain Shaman

Instead, companies link suppliers to multiple signals: manufacturing production plans; distribution requirements; and current inventory positions, to help suppliers better plan for supply. Economic Vision of Supply Chain 2030. Supply Chain 2030. It was an early morning.

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. Determine the Metrics That Matter.

A River Runs Through It…

Supply Chain Shaman

However, companies mature in the concepts of demand know that each order has latency–the time to translate market take-away into re-order points through the channel to the manufacturer. The automotive manufacturer had a surplus of green vehicles that no one wanted.

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

The traditional manufacturing job defined the middle class. Each time, I turn on the channel, manufacturing jobs frame the global debate. Ironically, as global manufacturing jobs decrease, there is a need for talent for the global supply chain. Supply Chain 2030.

Global 290

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

Supply Chain Shaman

While regional supply chain teams could focus on operational decisions–deployment, DRP/MRP logic, and finite planning/scheduling within manufacturing, and transportation routing–global teams must get good at tactical planning globally to drive synergies. Supply Chain 2030.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

million metric tons (or 60% of the world’s supply). million metric tons. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. Questions about how the auto-manufacturing giant would meet production goals arose soon after. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

million metric tons (or 60% of the world’s supply). million metric tons. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. Questions about how the auto-manufacturing giant would meet production goals arose soon after.

Seeing Beyond the Firewall

Supply Chain Shaman

The majority of manufacturing and retail companies want better performing supply chains. In the building of global supply chains, in the last decade, across value networks, outsourcing to third-party logistics, and contract manufacturing accelerated.

Building Outside-In Processes

Supply Chain Shaman

I am a manufacturing gal by training. Include the supplier’s warehouse and manufacturing locations. Economic Vision of Supply Chain 2030. Join us for a critical view of supply chain 2030 through the insights of leading economists.

No Easter Bunny?

Supply Chain Shaman

Or is it the use of the Internet of Things to transform manufacturing or reduce issues with counterfeiting? This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders).

A Digital Value Network Needs an Accelerated “3-D” Cycle (powered by Incorta)

Supply Chain Action Blog

The subject came up at a conference I attended where the theme was the supply chain of 2030. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Skynet” , let’s take a moment and put this idea into some perspective.

Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

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.

50 expert tips on logistics planning and strategy

6 River Systems

Study the needs of your supply chain in order to make informed predictions. “Many manufacturers practice demand-driven logistics, meaning they are focused on their customers’ buying signals. Think about how your warehouse might look in 2030.

Digital Orchestration of Your Supply Chain Requires “3-D” Orchestration

Supply Chain Action Blog

The subject came up at a conference I attended where the theme was the supply chain of 2030. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Ava Ex Machina” , let’s take a moment and put this idea into some perspective.

Detect Problems, Diagnose Causes, and Direct Next Best Actions Before Negative Business Impact

Supply Chain Action Blog

The subject came up at a conference I attended where the theme was the supply chain of 2030. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Skynet” , let’s take a moment and put this idea into some perspective.

Detect Problems, Diagnose Causes, and Direct Next Best Actions Before Negative Business Impact

Supply Chain Action Blog

The subject came up at a conference I attended where the theme was the supply chain of 2030. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Skynet” , let’s take a moment and put this idea into some perspective.

Top 25 Supply Chains of 2018

Material Handling & 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. So the CSR score too is more of a popularity contest than a consistent metric.

Happy Labor Day! Insights on Building Supply Chain Talent

Supply Chain Shaman

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing.