Humans-In-Loop – Part 3 of Kinaxis & Cognizant Series

Published October 28th, 2014 by Prasad Satyavolu 1 Comment

Trevor Miles and I have been having a healthy discussion on the Internet of Things and how these technology changes are shaping the way we work.

This is part 4 in our series.

analytics-velocity

As the IoT (Internet of Things) unfolds across multiple aspects of human life, we should expect an exponential increase in human connectivity. Relying on a shared computing environment to having more than 2 computing devices per person and counting- Computing and Connectivity have come a long way for Supply Chain professionals. As the graphic below suggests, the Analytics velocity is also increasing with time.

Consumption of the Analytics output in Supply Chain can both be human centric as well as an automated control action. We know that operations environment demands an Agile and Effective Fulfillment which requires individuals in the Supply Chain organization to make fast decisions in real time. There is ample scope of automating several of these decisions with multi-dimensional information input and in Memory Computing based engines. However, not all scenarios can be modeled even with the availability of perfect information. Thus posing a limit to this automation and paving the way for human intervention. These limits are being challenged as new paradigms emerge.

Read the full story

Posted in Sales and operations planning (S&OP), Supply chain collaboration, Supply chain management


SMAC in the Middle of Supply Chain Change – Part 3 of Kinaxis & Cognizant Series

Published October 27th, 2014 by Trevor Miles @milesahead 0 Comments

digital natives versus digital immigrantsMy friends at Cognizant and I have been having a healthy discussion on the Internet of Things and how these technology changes are shaping the way we work.

This is part 3 in our series.

Some colleagues and friends think I am nuts to put so much emphasis on the Digital Natives, and perhaps I am. Being a Digital Immigrant myself, I am only too aware of the command and control structures with which I grew up and which have been the foundation of all organizations for which I have worked. I’m not so naïve as to think that this change will happen quickly.

Throughout history major changes in technology have driven changes in social and business structures, the classic being the Pony Express and the steam train. But more fundamental change came from the printing press. This is a closer equivalent to the impact digitization will have on business structures, including a major shift in business models and therefore winners and losers.

We used to go to an office (many still do) because this was the easiest way to organize a workforce and structure work. Similarly with factories. People have to go to where the machines are. But in a digital world the only reason to have an office is for the management, which are almost always Digital Immigrants, to enforce a structure and linear decision making processes, the very things that Digital Natives find most constrictive.

Read the full story

Posted in Inventory management, Milesahead, Sales and operations planning (S&OP), Supply chain collaboration, Supply chain management


On-demand Recording of Purposeful Collaboration: What It Could Mean for Your S&OP Process

Published October 21st, 2014 by Melissa Clow 1 Comment

Purposeful Collaboration What It Could Mean for Your S&OP Process

Last week Alan Lepofsky, VP and Principal Analyst, Constellation Research and Trevor Miles, VP Thought Leadership, Kinaxis participated in a webcast on ‘Purposeful Collaboration: What It Could Mean for Your S&OP Process’.

The two discussed how even with heavy investments in Sales and Operations Planning (S&OP), many organizations are not achieving material or sustainable breakthroughs. This is often because they are executing a sequential, disjointed process with contributors operating in their narrow functional box.

In this recorded webcast, learn how purposeful collaboration can connect content, conversations, colleagues and communities to drive improved business outcomes.

Topics covered:

  • Harnessing and capitalizing on “working social” in a B2B environment
  • Using the key tenets of purposeful collaboration to enable effective decision-making, resolution and consensus building
  • Capabilities required to facilitate purposeful collaboration in S&OP
  • Changing the mindset away from the individual supply chain / S&OP functions to connecting functions and most importantly, people

If you missed it, feel free to check out the slides or the webcast recording.

 

Read the full story

Posted in Demand management, General News, Inventory management, Milesahead, Sales and operations planning (S&OP), Supply Chain Events, Supply chain management


Your supply chain is costing you money – Reason #6 Not effectively managing inventory.

Published October 20th, 2014 by John Westerveld 0 Comments

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Over the next several weeks, I’ll outline these issues and discuss some ideas around how to avoid these practices. You can find the previous posts here:

Not effectively managing inventory.

Reason #6 Not effectively managing inventory

I had to throw out some carrots yesterday. I hate throwing food out but there was nothing to be done for it…all I can say is that I’m glad the carrots were in a bag….and it didn’t leak. That got me thinking about why I was throwing away what had been perfectly good food;

  • I had forecasted needing a certain amount, but the customers (my family) didn’t take what I’d forecasted.
  • I thought we would want carrots, but everyone wanted broccoli…which I didn’t have.
  • I lost track of how many carrots we had and ended up buying more when we really didn’t need any.
  • Spoilage can happen. In the case of my carrots, there was a limited shelf life – but they could have been dropped or stolen (hey, it could happen!).

That was carrots. All in all, it cost me a couple of dollars. Unfortunately, all the same kinds of things can happen to your supply chain inventory. Except that your inventory costs millions of dollars.

Those of you that manage inventories know how hard it can be to get the quantities just right. If you maintain too little inventory, you have stockouts, line stoppages and unhappy customers. If you have excess inventory, it ties up working capital and is at risk of damage and obsolescence. The worst possible world is when you have too much of something you don’t need, and too little of something you do need.

So what strategies are out there to maintain inventories at the “right” level? There are many but let’s focus on some of the high runners;

Read the full story

Posted in Demand management, General News, Inventory management, Sales and operations planning (S&OP), Supply chain collaboration, Supply chain management


4 Supply Chain Minds You Ought to Hear at Kinexions

Published October 17th, 2014 by Melissa Clow 0 Comments

As we have mentioned a couple times, Kinexions, the Kinaxis Training & User Conference is taking place later this month. October 28-30, 2014. We have a great speaker line up, but here are 4 supply chain minds you can’t miss!

Alain Huillet SIOP business transformation director Schneider Electric Industries SAS1. Alain Huillet, SIOP business transformation director, Schneider Electric Industries SAS

Session Title: “End to End Visibility and Supply Planning — Schneider Electric”

In Alain’s main stage presentation hear how end-to-end supply chain visibility is key for becoming demand-driven and building value in supply networks. This case study from Schneider Electric will highlight a framework and the key success factors for implementing visibility and collaboration solutions to gain benefits not just for your organization but for your entire ecosystem of partners.

 

 

Daniel Kolacko vice president, global planning Bristol-Myers Squibb2. Daniel Kolacko, vice president, global planning, Bristol-Myers Squibb

Session Title: “Customer Case Study: Bristol-Myers Squibb”

Learn from Daniel Kolacko, vice president, global planning, Bristol-Myers Squibb about key trends transforming global planning in the life sciences supply chain and their successes, challenges and lessons learned on the journey to a proactive, agile global planning function.

 

Read the full story

Posted in Sales and operations planning (S&OP), Supply Chain Events, Supply chain management


Integrating Planning & Execution: Supply Chain’s Holy Grail with Mark Cosway

Published October 16th, 2014 by Melissa Clow 0 Comments

As we countdown the days until Kinexions (18 days!). I’m remembering our customer and partner videos. Today I’d like to share the interview on ‘Integrating Planning & Execution: Supply Chain’s Holy Grail’ from Kinexions.

In this video hear, Mark Cosway, GT Nexus, speak about how integrating supply chain planning and execution is vital to today’s businesses, but most companies have trouble overcoming a basic problem: 80 percent of the data they need to achieve this integration lies outside their four walls. Mark Cosway, vice president of industry sales at GT Nexus, explains a new approach to solving this problem.

To view the video in its entirety, watch it below or here.

 

Read the full story

Posted in Miscellanea


Will the Internet of Things (IoT) Help Eliminate Information Latency and Deficiency in Supply Planning?

Published October 14th, 2014 by Prasad Satyavolu 5 Comments

Last week, Trevor Miles wrote “SMAC in the Middle of Supply Chain Change” and it made me recall the dozen or so articles I’ve read recently on the Internet of Things (IoT). I find that most have a similar opening – 30 billion or so devices will be connected by 2017 and more “things” will be connected than human beings on the earth. More and more sensors are getting embedded in the “things” and leading to an explosion of information availability.

devices internet of things

But in all fairness, this is indeed an unprecedented opportunity to leverage IoT for a transformation of the supply planning paradigm.

A multitude of challenges are emerging from a rapidly evolving supply & demand environment that warrant a fresh look at planning – really to assess the level of entropy! So when I started to think about planning processes in the context of IoT, I was wondering if we can conquer those two old enemies of planning effectiveness: information deficiency and information latency. The prospect seems exciting – new offerings targeted to finely segmented markets customized to individual customers, and movement of goods providing continuous visibility. Will IoT design enable us to get demand signals from the products and sensory information from the entire set of physical infrastructure for planning?

It is evident that this is crucial, as most manufacturers are still citing incidents of supply chain disruptions resulting from the lack of information visibility. In a 2013 survey by Business Continuity Institute of over 500 business continuity professionals from 71 countries, 75% of respondents reported that they did not have full visibility of their supply chains.

Read the full story

Posted in Demand management, General News, Inventory management, Sales and operations planning (S&OP), Supply chain management


Remembering: Turning Visibility into Possibility by Don Gaspari, NCR at Kinexions

Published October 9th, 2014 by Melissa Clow 0 Comments

As we countdown the days until Kinexions (18 days!). I’m remembering our fascinating customer videos. Today I’d like to share the interview on ‘Turning Visibility into Possibility’ from Kinexions.

In this video hear, Don Gaspari, Director, Materials & Inventory, Global Operations and Logistics, NCR, speak about his time at NCR and their vision to leverage it’s market leadership in self service devices and applications to transform the way that business does business with consumers. To support the company’s vision, NCR’s Global Operations team has developed a “Next in Class” supply chain strategy to enable it’s manufacturing and distribution network to efficiently and effectively respond to customer requirement’s.

To view the video in its entirety, watch it below or here.

Read the full story

Posted in Demand management, General News, Inventory management, Response Management, Sales and operations planning (S&OP), Supply chain management