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.

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).

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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. 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.

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.

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?

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.

Holding Ourselves Accountable for Business Results

Supply Chain Shaman

The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance.

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Focus on functional metrics without alignment to a balanced scorecard to drive value. Over the last decade, in the building of global supply chains, organizations grew more political with gaming on metrics. The goal of the conference is to Imagine the Supply Chain of 2030.

The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers.

sust[AI]nability

Enterra Insights

billion over the next five years as part of its long-term goal to cut in half its emissions by 2030 and reach net-zero emissions by 2050.”[5] In a mid-January press release, PepsiCo explained, “In the face of an escalating climate crisis, the company has unveiled an ambitious new goal to cut carbon emissions by more than 40% by 2030 (against a 2015 baseline) — more than doubling the previous climate objective.

Container ships to soon ‘sea’ low-carbon investments

Resilinc

According to Statista, the world’s merchant container ship fleet grew from 11 million metric tons (mt) of deadweight tonnage (a measure of a vessel’s weight-carrying capacity) to 275 million mt in 2020—a 2500% increase. Container ships are the backbone of world trade.

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.

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 172

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 218

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 162

Green trucking trend picks up speed

Resilinc

The rulemaking is expected to take three years and wouldn’t affect truck sales until 2029 or 2030. The key metric to watch is grams of carbon-dioxide (CO2) per ton-mile, or how much CO2 a truck emits for every ton of freight it moves one mile.

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.

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.

Union Pacific, Progress Rail to increase biodiesel content for locomotives

The Supply Chain Journal

Union Pacific is dedicated to reducing its carbon footprint, and this is another step toward achieving our long-term goal to reduce absolute scope 1 and 2 greenhouse gas (GHG) emissions 26% by 2030,” said Beth Whited, UP chief human resource officer. “We

How to Set Corporate Goals for Supply Chain ESG

SupplyShift

This helped the company focus its sustainability strategies on key international ESG issues, as well as to target metrics that investors and consumers now track. Measure KPIs by a point in time —we will increase the number of ESG-compliant suppliers by 40% by 2030.

Chemicals shippers relay rail service woes to regulators

The Supply Chain Journal

“We have since seen improvements in our service and performance metrics and will soon be sharing more detailed information with the Surface Transportation Board.

BringgGreen offers retailers new tools for eco-friendly delivery

The Supply Chain Journal

The World Economic Forum predicts that 36% more delivery vehicles will be on city streets by 2030, and without intervention, urban last-mile delivery emissions and traffic congestion will increase 30% in the top 100 cities globally. E-commerce’s growth is leading to more vehicles on roadways.

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.

Midstream Transportation Trends: The Future of Oil and Gas Industry | PLS Logistics Services

PLS Logistics

More than four billion metric tons of oil and produced every day worldwide, with oilfield companies still generating the biggest revenues. Experts estimate that by 2030, the world population will reach 8.5

California to require electric vehicles for most Lyft, Uber drivers

The Supply Chain Journal

Under the Clean Miles Standard , 2% of all TNC trips must be in elective vehicles (EVs) in 2023 and that ramps up to 13% by 2025, 50% by 2027 and 90% by 2030. It estimates a net benefit of $215 million in 2030. million metric tons of carbon dioxide, CARB predicted.

Advancing Diversity, Equity, and Inclusion in Your Supply Chain

SupplyShift

By 2030, Kroger aims to spend US$10bn on diverse suppliers—businesses owned by people of color, women, veterans, and LGBTQ+ individuals; by 2025, Target intends to spend more than US$2bn with Black-owned businesses. Reach out to your suppliers and begin to assess how they are performing on key DEI metrics: How many suppliers have minority-owned business certifications? Once you have your baseline metrics for supplier DEI performance, it’s time to start driving improvement.

Businesses need to act fast to get ahead of Extended Producer Responsibility

Proxima

Coca-Cola, Mars, Nestle and Danone are responsible for producing 6 million metric tons of plastic every year, according to company-provided figures in a report from the Ellen MacArthur Foundation. The UK is coming into a period of major change in environmental policy.

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

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.

FreightWaves Classics: Interstate 19 – it’s not the miles, it’s the kilometers!

The Supply Chain Journal

Metrics include having controlled access, design speeds of 50 to 70 miles per hour depending on terrain, a minimum of two travel lanes in each direction, 12-foot lane widths, a 10-foot right shoulder, and a 4-foot left shoulder.”. to the metric system, though.

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.