Enterra Insights

Supply Chain Sustainability is Becoming a Hot Topic

Enterra Insights

The U.S., already reeling from the coronavirus pandemic, didn’t need exacerbating crises. Unfortunately, the west coast burned and the gulf coast flooded — with the severity of those crises attributed to climate change. While politicians dawdle, consumers expect companies to play an important role in addressing climate change.

Industry 4.0 is Here. Where are You?

Enterra Insights

Revolutions can take years to unfold. Such is the case with latest industrial revolution. Gjoko Muratovski, Director of the Ullman School of Design, explains, “The world is being changed in many new ways. The Covid-19 pandemic that has placed the entire planet on hold is just one part of this disruption. Another less dramatic but equally important change is also taking place in the midst of it all: the Fourth Industrial Revolution.

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How Consumer Behavior is Changing

Enterra Insights

Although history, for the most part, advances predictably, occasionally events, like the COVID-19 pandemic, come along to reset history’s course. Some analysts refer to this as a paradigm shift. When such a reset occurs, people start asking a lot of important questions. For example, Anil Kaul ( @anil_kaul ), co-founder and CEO of Absolutdata, asks two fundamental business questions: “What will consumer behavior and profiles look like in the new normal?

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Industry 4.0: Driven by 5G and Cognitive Technologies

Enterra Insights

Some things seem destined to go together; for example, a wink & a smile; bed & breakfast; cookies & milk; and fish & chips. Many pundits assert 5G and cognitive technologies — often referred to as artificial intelligence (AI) — should be added to the list of famous pairs.

How Georgia-Pacific Turned Their Supply Chain into a Competitive Advantage

Georgia-Pacific, one of the world's leading manufacturers of tissue, pulp and paper and supplier to top brands like Brawny, Angel Soft and DIXIE, trusts ClearMetal for their supply chain requirements. Read the case study to hear how one company turned the reliability and transparency of its supply chain into distinct competitive advantages.

Supply Chain Planning is Indispensable

Enterra Insights

Most supply chain planners are familiar with Dwight D. Eisenhower’s observation, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” While I agree with the late five-star general and president about the indispensability of planning, I disagree that plans are useless. Because new planning techniques are making plans more realistic and viable.

Solar Eclipses and Supply Chain Risk Management

Enterra Insights

Today, much of the United States will experience a total solar eclipse. That hasn’t happened for nearly 100 years. Because … Continued. The post Solar Eclipses and Supply Chain Risk Management appeared first on Enterra Solutions. Business Risk Management Supply Chain Enterra Solutions Stephen DeAngelis

The Pandemic hasn’t Dampened Enthusiasm for Blockchain Technology

Enterra Insights

Two of the most obvious changes in consumer behavior during the novel coronavirus pandemic have been a spike in e-commerce and renewed interest in shelf stable food products.

Is Globalization Changing or Dying? Part One.

Enterra Insights

When media outlets like The Economist and Financial Times start publishing eulogies for globalization, you know something has changed on the world stage. Economist journalists bluntly ask, “Has covid-19 killed globalization?”[1] ”[1] They note, “Even before the pandemic, globalization was in trouble. The open system of trade that had dominated the world economy for decades had been damaged by the financial crash and the Sino-American trade war.

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Post-pandemic Supply Chains

Enterra Insights

“As countries shut down, stock markets crumble and economic activity slows to a crawl,” writes Yossi Sheffi ( @YossiSheffi ), the Elisha Gray II Professor of Engineering Systems at the Massachusetts Institute of Technology, “it is hard to believe that in a few months the coronavirus crisis may be over.”[1] ”[1] The pandemic may be over; however, consequences of the pandemic will remain.

Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.

The Coronavirus Pandemic Rewarded Companies with Foresight

Enterra Insights

Hindsight — understanding of a situation or event only after it has happened — is important; however, foresight — the ability to predict or the action of predicting what will happen or be needed in the future — is even more important. Companies that had the foresight to embrace online (omnichannel) operations prior to the pandemic have been richly rewarded.

Data is Essential for CPG Success

Enterra Insights

From demand planning to manufacturing to trade promotion optimization, data is essential for almost every aspect of consumer packaged goods (CPG) company operations. Journalist Tina Wilson explains, “While the evolution of the CPG landscape has been underway for years now, its rate of change has dramatically quickened as a result of the coronavirus outbreak.

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Omnichannel is the Future of Retail

Enterra Insights

British novelist Wilbur Addison Smith once wrote, “History is a river that never ends.” ” The metaphor of history as a river is misleading. It implies a fairly steady flow of events from the past into the future. Forecasters would love that to be true. Unfortunately, the coronavirus pandemic once again demonstrates how history is more like tectonic plates floating on the Earth’s core than it is a river.

Data, Digitalization, and Supply Chain Transformation

Enterra Insights

In dark times, people look longingly for the dawn of a new day. The coronavirus pandemic resulted in dark times for many supply chains and, as a result, much is being written about how supply chains can transform and usher in a new day of supply chain operations. Michael Schrage, a research fellow at the MIT Sloan School of Management, explains the global outbreak of COVID-19 has “dramatically accelerated digital transformations worldwide.

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.

Even in Depressed Economic Times, Outlook for Robotic Process Automation is Bright

Enterra Insights

It’s no secret some businesses are struggling during the coronavirus pandemic. The pandemic has resulted in a double whammy involving both health and economic risks.

The Brutal Legacy of Slavery is Still Being Made in Some Supply Chains

Enterra Insights

Far too many people believe the legacy of slavery is an historical artifact — it’s not. People around the world are still being held in forced labor conditions. The staff at Global March Against Child Labor reports, “In recent years, those concerned with the issues of trafficking, forced labor, and slavery have begun to focus on supply chains as a new arena of action with a focus on girls and young women.

Digital Age, Digital Transformation, and Digital Business

Enterra Insights

The Digital Age has spawned a variety of views about how technology will improve or destroy life as we know it. Klaus Schwab, founder and executive chairman of the World Economic Forum, has stated, “New technologies and approaches are merging the physical, digital, and biological worlds in ways that will fundamentally transform humankind. The extent to which that transformation is positive will depend on how we navigate the risks and opportunities that arise along the way.”[1]

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Big Data is Gold

Enterra Insights

We live in the Digital Age in which the global economy is fueled by data. As a result, most analysts believe companies need to transform into digital enterprises so they can take advantage of data and the technologies used to leverage that data. Alex Toma ( @alexbreakline ), a digital marketing specialist, writes, “Data has always been fundamental to the success of digital.”[1]

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Blockchain Will Eventually Make Supply Chains More Resilient

Enterra Insights

Supply chain resiliency has been a much-discussed topic during the COVID-19 pandemic. Rebecca Liao ( @beccaliao ), Co-Founder and Executive Vice-President at SKUChain, and Ziyang Fan ( @ZiyangFan ), Head of Digital Trade at World Economic Forum, assert resiliency begins with visibility. They explain, “In the wake of supply chain disruptions due to coronavirus, several experts have reiterated the need to obtain more visibility across the chain.

Supply Chain Resilience is a New Imperative

Enterra Insights

The topic of supply chain resilience sprouted in the media and professional journals as a result of the coronavirus pandemic. Resilience is defined as the capacity to recover quickly from difficulties or spring back into shape. The pandemic has certainly tested those supply chain characteristics.

The Future of Retail Will Be Determined by Consumer Behavior

Enterra Insights

The retail sector has been especially hard hit by the coronavirus pandemic. The closure of physical stores has forced numerous retailers to file for bankruptcy and accelerated the so-called Retail Apocalypse. The big question is how retail will recover once the pandemic ends. The fact of the matter is that the future of retail will be determined by consumer behavior. The pandemic forced consumers, in many cases, to buy products online they would normally have purchased in brick-and-mortar stores.

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As Baby Boomers Retire, Don’t Let Tribal Knowledge Retire with Them

Enterra Insights

The youngest members of the generation known as Baby Boomers are approaching retirement age. If companies allow Baby Boomers’ years of expertise to walk out the door without capturing it, they are losing a valuable asset.

Supply Chain Planning Maturity – How Do You Compare to Peers?

Today's supply chains are networked, global ecosystems. An event upstream in a different country or region can cause considerable disruption downstream. The COVID-19 pandemic is an extreme example of how this unfolds in practice. How prepared are supply chain teams to react and recover, from a planning maturity stance? Download this report to get exclusive insights on planning maturity!

AI Pilot Defeats Human Pilot in Dog Fights

Enterra Insights

One of the great fears many people have is that artificial intelligence (AI) systems, like Skynet in Terminator movies, will wage war and eventually turn weapons on all of humankind deeming humanity a threat its own survival. Although a true artificial general intelligence (AGI) system — that is, a sentient AI system — has yet to be created, AI is being pursued for military purposes and that cat isn’t going back into the bag.

Technology and the Changing Nature of Logistics

Enterra Insights

There has been a lot written and spoken about supply chain operations during the coronavirus pandemic. Supply chain operations are complex — encompassing a broad array of processes and operations. The staff at Interlake Mecalux defines supply chain operations this way: “The supply chain encompasses the planning, execution, and control of all the activities related to material and information flows.

The Digital Path to Purchase becomes a Digital High Street

Enterra Insights

Store closures and stay-at-home orders during the coronavirus pandemic forced most consumers to shop online. Daphne Howland ( @daphnehowland ) reports, “As stores were forced to close, digital sales were expected to take over. They’ve soared, but serious constraints are also now on display.”[1] ”[1] As a result of increased ecommerce, the digital path to purchase has become a high street for retail sales.

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Has the Pandemic Accelerated the Fourth Industrial Revolution?

Enterra Insights

Prior to the novel coronavirus outbreak, many pundits believed we were in the midst of a fourth industrial revolution. Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] 1] The fourth revolution, they insist, is being driven by data.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Impacts of Coronavirus on Grocery Sales

Enterra Insights

If you have ever watched History Channel’s reality television show called “Alone,” you have some idea how difficult living a hunter-gatherer existence can be. Most humans rarely face the challenges of a hunter-gatherer society. In fact, people in developed nations generally take the food supply chain for granted. They expect to find a robust array of foodstuffs whenever they drop into their local grocery store or supermarket.

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Connecting the Supply Chain through the Internet of Things

Enterra Insights

Mandated isolation during the coronavirus pandemic forced many people to work from home. The enormous shift of work from office to home demonstrated the value of connectivity. Since its inception, the Internet has been the primary means of connecting the world — mostly people connections. Today, a larger Internet — the Internet of Things (IoT) — is connecting machines. Admittedly, the distinction between the Internet and the IoT is graying — people and things are being connected at a record pace.

Wiped Out: The Great 2020 Toilet Paper Shortage

Enterra Insights

One of the most baffling twists of the current Covid-19 emergency has been the run on toilet paper. Toilet paper hoarding has spurred dozens of hilarious memes, sparked fights in supermarket aisles, and sparked a lot of bathroom humor. One meme stated, “If you need 144 rolls of toilet paper for 14 days of quarantine, you probably should have seen a doctor long before the Covid-19 scare.” ” Another meme shows a confused man receiving the news he tested positive for the virus.

Is the Future of Agriculture Hands-free Farms?

Enterra Insights

Fears about food shortages during the coronavirus pandemic are both real and well-founded. Maximo Torero Cullen, Chief Economist at the Food and Agriculture Organization of the United Nations, notes, “[The] Food Supply chain is a complex web of interactions and of actors: producers, inputs, transportation, processing plants, shipping, etc.

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Supply Chain Resilience in the Face of Uncertainty

Speaker: Aanand Pandey, Supply Chain Analyst & Consultant, AIMMS

This short video explains how scenario modeling can help you improve supply chain resilience and your ability to respond and recover quickly from disruptions. Looking at scenarios side by side provides valuable insights that makes it easier to evaluate impact on your operations, ability to service customers and margin, and the best options to restart supply when supply lanes reopen.