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Previously I''ve covered about the classic and new supplychain management books that SCM professionals should check out. In this article, I will show you top 5 books that every supplychainexecutive should have on their bookshelf.
The definition of agility and resilience will continue to evolve. The hyper-focus on meeting customer expectations is also creating pressures upstream in the supplychain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. There are Also Commercial Reasons.
by Dr. Madhav Durbha The 2017 Gartner supplychainexecutive conference took place at the O2-Intercontinental Hotel in London on September 20 th and 21 st. The theme of the conference was ACT (Aspire, Challenge, Transform), same as the Gartner supplychain summit in Phoenix during May of this year.
One conference I recently attended is the Gartner SupplyChainExecutive conference in Phoenix, Arizona. Use cases in such ecosystem extend beyond the traditional definition of supplychain management and unleash the tremendous potential of data-driven insights.
There is a multibillion-dollar supplychain software market that grew at double digit rates during the pandemic, and will continue to grow fast, that very few supplychainexecutives have heard of. The solution is called a supplychain collaboration network (SCCN). How can this be?
While Figure 1 is the planner’s view, Figure 2 shows the executive’s mental model. The View Of The SupplyChainExecutive. Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision. The gaps are larger and more complex.
In retrospect, I find that technology is an enabler, but only if we are clear on what defines supplychain excellence. Many believe that an ex-supplychain exec knows the definition of supplychain excellence. Please use caution, few led a SupplyChain to Admire Award Winner.
The executive team needs to be clear on the differences between strategic, tactical, operational, and executional planning and the connections between planning systems and the transactional systems of record. Many are not. It combines decisions across sell, deliver, make and source processes to drive value based outcomes.
by Melissa Clow Did You Miss the Late Late SupplyChain Show at the Gartner Conference? We know not everyone was able to attend the Gartner SupplyChainExecutive Conference , or our session in particular, so we made sure we could bring the supplychain show to you!
It felt like a whirlwind, but this year’s Gartner SupplyChainExecutive Conference was definitely one of the highlights of the year for us. The outlook from Gartner is very positive: There’s no better time to be in the supplychain industry. We couldn’t agree more. Leading the next decade.
As a result, I commissioned work to try to build a formulaic representation of supplychain metrics (financial ratios) to tie corporate market valuation to the definition of supplychain excellence. The launch today of the SupplyChain Index is a start, and should not be viewed as an end point.
This blog is based on an article that recently ran in the Journal of SupplyChain Management, Logistics & Procurement, “ Supplychain agility: An imperative in an unpredictable world.”. The post Profitable Agility: Part 2 of Agility and Resilience in SupplyChainExecution appeared first on SupplyChain Nation.
The CFOs that I work with lack an understanding of supplychain planning. Their world view is currency-based planning at a brand level while supplychain planning is volume-based at an item/location level. (As As the channel changes, if the supplychain does not start with the customer, it quickly becomes out of step.
While there have been numerous examples of how AI can boost profits in supplychainexecution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to supplychain planning have largely been ignored. Artificial intelligence.
I love the stories but question the fit of the metaphor(s) for a supplychain conference. In both cases, there is a clear definition of “winning.” In the world of supplychain management following 33 months of disruption, this is not the case. A focus on functional metrics throws the supplychain out of balance.
The creation of a new digital ecosystem has enabled these and other changes that will shape the definition of supplychain agility and resilience in the 2020s and beyond. Upstream sensing intelligence will proactively identify disruptions and deliver recommended resolutions to eliminate supplychain risks and vulnerabilities.
Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). But, in the supplychain realm, machine learning (ML) is where most of the activity surrounding artificial intelligence has been focused.
In the last decade, we have moved through the evolution of the efficient supplychain (lowest cost per case) to the reliable supplychain (right product, at the right time at the right cost) to the resilient supplychain. It will force the discussion of supplychains to value networks.
Let’s face it, the definition of demand-driven is evolving. There is no single definition. Today’s processes are supply driven. The base definitions of the SCOR model are inside-out, and supply-centric. The Definition of the SupplyChain Long Tail. Demand-Driven Definitions.
In my Logistics Viewpoints article in January 2021, “ The New Definition of SupplyChain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supplychains must be built on a foundation of extreme agility and responsiveness. In fact, it may lead to increased variable costs.
The shift in definitions can be a barrier to driving progress. These limiting definitions confine the potential. The companies that are the furthest along in “ taking the hill” have a process manager focused on managing the “end-to-end supplychain.”
While Figure 1 is the planner’s view, Figure 2 shows the executive’s mental model. The View Of The SupplyChainExecutive. Success happens when the right question is aligned to the right analytical technique with a clear definition of what makes a better decision. The gaps are larger and more complex.
In the second report, I wrote about the current state of supplychain technologies. Companies are the happiest with supplychainexecution systems, but the gaps in supplychain planning are high, and the ability to use the data from ERP and order management remains a gap.
What is supplychain planning? Before I get into the software itself, it is useful to start with something of a definition of the supplychain management process itself prior to moving on to the solutions that support it. Key elements of supplychain planning.
Companies and supplychains continue to face unprecedented challenges and, in some cases, unprecedented opportunities. To be successful in this volatile environment leaders must focus on supplychain planning and more specifically Integrated Business Planning (IBP).
The top Coupa executives, and the supplychainexecutives I have interacted with, are still working at Coupa. The supplychain design solution, for example, continues to grow in depth and usability. Coupa meets this definition. Coupa, formerly public, became a private company.
My favorite definition was from a slide of this tweet: Difference between machine learning and AI: If it is written in Python, it’s probably machine learning. Better supplychainexecution is the goal, such as reducing inventory and stock outs. If it is written in PowerPoint, it’s probably AI. —
The promise of mathematical engines to improve business decision making is the basis of the supplychain planning, trade promotion management, revenue optimization, and supplychainexecution markets for transportation/logistics. Raise your hand and ask for definitions. Stop the frolic.
Focused on outcomes, a competitive supplychain capability not only assures the on-time delivery of component material, but also the execution of inbound supply to ensure the shipment of quality finished goods at a competitive price while delivering on-target margins for the manufacturers.
1] The definition, structure and scope of an SSC generally are formed first within the enterprise. In many cases, enterprises sometimes engage external providers to consult with various elements of the design, structure, location options and execution options. appeared first on SupplyChain Resource Cooperative.
Here at Blue Yonder, we decided to ask our Industry Strategy team which supplychain-related buzzwords they hear regularly are their least favorite and why. Here’s a sampling of their responses: Chirag Modi , Corporate Vice President, Industry Strategy – SupplyChainExecution and 3PL Transformation.
Is it time for supplychainexecutives to step into a new leadership role, that of Chief Network Effects Officer (CNEO)? But this traditional definition is woefully incomplete. So, yes, I believe the time has come for supplychainexecutives to step into the role of Chief Network Effects Officer.
Today, in supplychain management, there are no networks with well-defined flows across source, make and deliver. The industry does not have a common definition. In SupplyChain Operating Networks, process canonicals define these multi-tier flows. Pictorial of a SupplyChain Operating Network.
Only 5% of public companies meet the definition for the SupplyChains To Admire for 2016. In completing the analysis, one of the things that strikes me is that regional supplychains are making more progress than global or multi-national companies. The supplychain is a complex system with non-linear relationships.
One message came through loud and clear during Gartner’s recent SupplyChainExecutive Conference ; you must ACT (aspire, challenge, transform) now if you want to have any hope in taking your supplychain profitably into the future. Excited for #GartnerSCC to begin! Kinaxis #supplychain pic.twitter.com/FTLJTq2UGF.
At the excellent European Gartner SupplyChainExecutive Conference last week, I was really surprised to see Kinaxis was the only vendor actively demonstrating a functional supplychain management product on a mobile device during the course of the two day event.
One of the SupplyChain Management trends apparent at the Gartner SupplyChainExecutive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. Nevertheless, I like the definition. Tom McDonough , Sr.
It enables all supplychain ecosystem participants to collaborate on the same data and provides views and actions on orders and shipments down to individual items. Powered by real-time network-wide data they natively support the complexities of tracking goods across global and often fragmented supplychains.
Market-driven is a more mature definition of demand-driven. The original HANA supplychain applications, introduced in 2013, were SAP IBP and Demand Integrated Signal Management (DSiM). As companies build the future of SupplyChain and look forward to the future, we must learn from the past.
The Definitive Guide to Order Fulfillment and Customer Service You can't say that you are a logistics management professional if you don't understand the customers. Career patterns of supplychainexecutives: an optimal matching analysis. We try to shy away from the math-heavy book as much as possible. & Hoberg, K.
In the past, in the consumer value chain, retailers merchandised the shelf and removed units from the case and placed it on the shelf. Ecommerce has changed the definition. As a result, the average company is increasing investment in supplychain management technologies by 6 percent and rethinking architectures.
A recent survey by Deloitte, reports Coin Square , found the prospects of blockchain supplychain applications beyond reproach and capable of revolutionizing the way supplychains operate. The primary obstacle to adoption of supplychain blockchain capabilities is regulatory issues, but a solution exists.
And another thing: logistics service providers could definitely take a more proactive approach to shippers. 28 | Mindmap SupplyChainExecution 24/7. Such huge pressure on sales is also dragging the supplychain department(s) towards an ever-higher service level. 30 | Supplychains on film.
If the market knows that the company is saving the environment X tons of packaging material and Y barrels of fossil fuel every year with your green supplychain initiatives, it will definitely resonate in the mind of customers. It is truly a win-win situation for the company, the customers and Mother Earth. But it should be.
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