article thumbnail

Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. And what are the key industry trends and innovations? In E2open’s Supply Chain Innovation Report 2021 , 73% of respondents claimed their supply chain is either moderately, slightly, or not at all resilient. Supply chain mapping is key to ongoing innovation.

article thumbnail

Transversing the Paradox River

Supply Chain Shaman

Companies have data lakes, but do not use their own data. I don’t understand why companies want to move data in and out of data jails that we call relational databases but are so unaware of the techniques to use data from data lakes through schema on read technology approaches. Innovation is slowing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Don’t Wait to Innovate: 3 Key Benefits of Causal Forecasting

Logility

Rather than relying solely on historical data, causal forecasting models also incorporate various factors or causal variables that can influence the forecasted quantity. A traditional forecasting model might look at last year’s sales metrics to predict this year’s. That’s where causal forecasting comes into play.

article thumbnail

My Failure Of Using Design Thinking To Drive Supply Chain Innovation

Supply Chain Shaman

This post focuses on my failure to use design thinking to spark innovation with supply chain teams and my lessons learned. Today, six years later, I reflect on the gaps of the methodology as it applies to supply chain innovation. Remember the need for goal clarity, rules, and clear metrics in my opening paragraph?

article thumbnail

Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes?” My question is, “Why?”

article thumbnail

Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

Working on it over the holiday break, allowed me to spend more time to think about the trends that I am seeing in the data. Customer-centric Innovation Drives Value. Intuitive Surgical, L’Oreal, and Sleep Number drove excellence through product and service innovation to outperform their peer groups. Any takers here?

article thumbnail

Side-step Oxymorons to Make Progress in Planning

Supply Chain Shaman

As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics and data give us. True innovation is never defined initially by a mandatory Return on Investment (ROI).) Buyer beware. Digital Brain.