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Digital transformation. It sounds oh-so-glamorous at first. But digitization is not a panacea for the world’s (or even just one company’s) supply chain problems. While it’s true that automating and digitizing once-tedious and time-consuming processes can …
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2020 changed everything: the way we interact with each other, the way we work, the products we buy. How can companies plan for a future that’s still so unknown? Cash flow is unpredictable. Teams are stretched. Competition is mounting. Standing still is …
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It’s a simple question really. How confident are you in your organization’s supply chain , and its ability to actually perform in a way that supports your business needs? If you answered ‘not very’ you may be surprised to learn you aren’t alone. According …
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If you had anything to do with supply chain planning in the early days of enterprise resource planning (ERP), you may consider those years the “good ol’ days”. Spreadsheets were the latest and greatest thing, your biggest headache was a supplier failure, …
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Throughout my career as a supply chain practitioner and leader, there has constantly been a battle between the scientifically perfect model and a business-engineered model that guided the company to decisions it was comfortable making. Perfect supply …
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Faster, smarter, more profitable supply chain decisions Transitioning from hype to reality, artificial intelligence (AI) is gaining momentum across industries thanks to an explosion in computing power and storage, the emergence of IoT (Internet of Things) …
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Hundreds of millions of dollars are being spent on sales and operations planning (S&OP/IBP), yet according to Bram Desmet, author , and CEO of Solventure , less than 5% of companies have an S&OP or IBP process that’s mature enough to handle today’s …
Blog
Today, the topic of AI is at the forefront of every supply chain leader’s mind thanks to the rising popularity of generative AI tools like ChatGPT. As organizations begin to integrate this new technology across their company, boards are eager to know …
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Many people think of an innovation as a new product, but it can also be a new way of doing something or a new way of thinking. Innovation is usually associated with business and technology, but it happens in any field where people introduce change. The …
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Comedian Steve Martin once said, “Be so good they can’t ignore you.” Today, skilled supply chain practitioners are certainly in that sweet spot. Once the Covid-19 pandemic hit, global companies immediately recognized the need for supply chain …
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The sharing economy involves buying and selling temporary access to goods or services, usually arranged through an online platform. It is inevitably becoming a major source of revenue in today’s global economy, led by the likes of Uber and Airbnb. By …
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In recent years, social media has become a potent tool in the business world. Sites like LinkedIn, Twitter, Facebook, Instagram, and others, which have millions of users worldwide, present a special opportunity to connect with suppliers, customers, and …