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. There were many different stories that were shared on their successes in all industries, and the theme of the conference always came back to where supply chain will be in 2030.

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. For this post, however, I will like the concentration to be on the common strategies employed by leading supply chain companies and the future of supply chain in 2030 as conferred by the well-orchestrated group of supply chain thinkers at the conference.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Announcing the Supply Chains to Admire for 2019

Supply Chain Shaman

We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups. The companies I work with struggle to set metrics targets. Imagine Supply Chain 2030. The focus is on Imagining Supply Chain 2030. I watch the news channels on mute. The reason?

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. An essential part of process improvement starts with aligning business goals with clear measurable metrics that can prove success or show areas that need improvement.

Measuring Up?

Supply Chain Shaman

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. We term these the Supply Chain Metrics That Matter because they have a higher correlation to market capitalization.). C2C is a compound metric of receivables plus inventory minus payables.

Walmart Cut 230 Million Tons of Emissions, With Supplier Help

Supply Chain Brain

has cut 230 million metric tons of greenhouse gases out of its supply chain in the past three years, putting the world’s largest retailer on track to achieve its 2030 emissions goal Walmart Inc.

Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

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. 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. 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. In this session, we will look forward to global trade in 2030 as we explore the tensions between nationalism and globalization and the role of China/India in Supply Chain 2030. A lasso is what supply chain leaders would like to have. To align S&OP.

S&OP 165

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.

S&OP: Five Steps to Get Started

Supply Chain Shaman

We discussed the Supply Chain Metrics That Matter research and the fact that a balanced portfolio of metrics drives a higher market capitalization than a focus on functional metrics or single metrics. We reviewed the orbit charts for the Supply Chains to Admire Winners and discussed the pitfalls and potholes that he was experiencing in the establishment of metrics.) Economic Vision of Supply Chain 2030. Supply Chain 2030. It is Sunday.

S&OP 213

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. In this session, we will look forward to global trade in 2030 as we explore the tensions between nationalism and globalization and the role of China/India in Supply Chain 2030. A lasso is what supply chain leaders would like to have. To align S&OP.

S&OP 158

Go Horizontal!

Supply Chain Shaman

The metrics reward functional thinking. 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. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters. Supply Chain 2030. Functional silos define today’s supply chain organization. The silos compete. They lack alignment.

Peru 183

Evolution of B2B Networks

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. Supply Chain 2030. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters. Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry.

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. The new world of supply chain analytics is my current research project. Using unstructured and stream data is a brave new world.

Reduce Costs: Invest In Talent

Supply Chain Shaman

We analyzed the impact of 150 factors on 493 financial metrics for the period of 2004-2016. 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. In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver.

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

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. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters.

A River Runs Through It…

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. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters.

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. A Supply Chain Leader will make progress on both of these key metrics with a very tight and controlled pattern. 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. Today, I unpacked my bags.

Global 220

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. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters.

Network Consolidation: A Step Forward for Market-Driven Value Networks?

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. Supply Chain 2030. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters. Market-driven Value Networks: An adaptive network focused on a value-based outcomes.

Omaha 165

3 Ways Fresh Retailers are Helping the Planet

JDA software

As Earth Day rapidly approaches, this move comes in a bold attempt to reduce greenhouse gas emissions from Walmart’s value chain by a gigaton, (1 billion metric tons), by 2030. According to the retailer, Walmart’s suppliers have already reduced the carbon footprint by more than 20 million metric tons (MMT) of greenhouse gas emissions in the global value chain. It’s official.

Food 43

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. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled. It’s expected that market demand for the metal will increase to more than 120,000 tonnes per year by 2020 — 60% of which will account for battery production alone.

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. Determining the metrics that matter goes beyond just implementing a ‘pretty’ S&OP dashboard that identifies leading indicators to help drive the business forward.

Top 10 Supply Chain Innovations of 2018

Material Handling and 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.

Circular Economy in ICT – Completing the circle of supply

EcoVadis

million metric tonnes (Mt) and predicted an increase to 50 million Mt of e-waste in 2018 ( United Nations University 2014 ). Besides material and equipment, energy efficiency improvement of internal processes and networks comes on the agenda when realizing that the carbon footprint generated through ICT in 2002 will more than double by 2030, as it was estimated by the Global e-Sustainability Initiative (GeSi).

Building Outside-In Processes

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. This weekend, I decompressed and turned off my cell phone. The concept of being on and available all the time– 24/7– wears on me.

Seeing Beyond the Firewall

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.

The New ROI: Return on Inclusion

Supply Chain Nation

With the global adoption of the United Nations 2030 Agenda and Sustainable Development Goals , as well as the impact of consumers looking to brands to lead social and environmental change, being committed to diversity and inclusion is more than just a box to check for businesses.

No Easter Bunny?

Supply Chain Shaman

The overarching theme is to Imagine Supply Chain 2030. In the creation of the program I handpick the speakers against five themes: Shifts in the Global Economy : What will the world look like in 2030 and how does this impact the global supply chain? Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

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. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled. It’s expected that market demand for the metal will increase to more than 120,000 tonnes per year by 2020 — 60% of which will account for battery production alone.

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. Detection of systemic challenges will be a bit more gradual and is based on the metrics that matter to your business, such as customer service, days of supply, etc., Photo licensed through iStockphoto.

3 Ways Fresh Retailers are Helping the Planet

Supply Chain Nation

As Earth Day rapidly approaches, this move comes in a bold attempt to reduce greenhouse gas emissions from Walmart’s value chain by a gigaton, (1 billion metric tons), by 2030. According to the retailer, Walmart’s suppliers have already reduced the carbon footprint by more than 20 million metric tons (MMT) of greenhouse gas emissions in the global value chain. It’s official.

Food 40

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. Detection of systemic challenges will be a bit more gradual and is based on the metrics that matter to your business, such as customer service, days of supply, etc.,

Ava Ex Machina and the Retail Supply Chain

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. Detection of systemic challenges will be a bit more gradual and is based on the metrics that matter to your business, such as customer service, days of supply, etc.,

50 expert tips on logistics planning and strategy

6 River Systems

“By keeping an eye on these warehousing metrics, you can map out an error-resistant fulfillment process that moves from order to delivery as efficiently as possible. ” — 7 Metrics You Need to Streamline Your Warehousing Processes , Aero Fulfillment; Twitter: @AeroFulfillment. Think about how your warehouse might look in 2030. ” — Michiel Veenman, Envisioning and Planning the Future Warehouse of 2030 , Supply Chain 247; Twitter: @SupplyChain247.