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.

 

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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;

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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.

 

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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.

 

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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.

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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.

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


SMAC in the Middle of Supply Chain Change

Published October 6th, 2014 by Trevor Miles @milesahead 1 Comment

Of course the title is a play of the adverb “smack in the middle”, which Merriam-Webster defines as at the heart of the matter.

smack definition

By SMAC I mean the acronym Cognizant, amongst others, uses for Social, Mobile, Analytics, Cloud. SMAC has the potential to change the manner in which the extended supply/value chain shares data, collaborates in the resolution of issues, and engages in value sharing business processes.

monday cartoonIt is about time for supply chain change. We have been talking about removing the silos of supply chain planning for decades. Not just in supply chain planning, but across the entire enterprise.

Our traditional approach to a person’s function at work, and the required organization structures to control how people work, is based on the work of Frederick Taylor and others. Taylor and others advocated the concept of Scientific Management and focused on standardization of jobs by breaking each job down into small, repeatable steps. People were then trained to carry out each step in a very repeatable, efficient manner. Great leaps in productivity were achieved in its application.

“the fully developed bureaucratic mechanism compares with other organizations exactly as does the machine compare with the non-mechanical modes of production. Precision, speed, unambiguity, … strict subordination, reduction of friction and of material and personal costs- these are raised to the optimum point in the strictly bureaucratic administration.”
– Max Weber (1948): Essays in Sociology

But Scientific Management predates The Knowledge Economy. And yet we still operate and organize our companies in ways applicable to the Industrial Age, which itself caused huge social and economic readjustment at the time.

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


Throw Back Thursday: Remembering ‘Meeting Customer Demand in a Complex Industry’ from Kinexions

Published October 2nd, 2014 by Melissa Clow 1 Comment

Kinexions is in 26 days! As we countdown the days, I’m remembering our fascinating customer videos. Today I’d like to share the interview on ‘Meeting Demand in a Complex Industry’ at Kinexions.

In this video hear, Gary Dietz, Manager, Global Logistics and Supply Integrated Supply Chain and Logistics, Kennametal, as he discusses the challenges his company faces in gaining full visibility of supply and demand, and in dealing with increasing supply chain volatility.

This global manufacturer of surface-cutting tools, with headquarters in western Pennsylvania. Customers include the aerospace, surface mining, oil and gas and machine-tool industries. Dietz says the company operates in “a very demanding industry,” characterized by highly unpredictable demand. The challenge is becoming even more daunting as Kennametal moves into the developing world, its most promising source of new business.

The company’s biggest pain point, he says, is managing assets. Kennametal strives to meet customer demand for customized products, while also manufacturing to stock. Accuracy in the making and placement of items is essential, says Dietz.

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

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