Posts by Alexa Cheater

Don’t let incorrect design assumptions affect supply chain performance

AlexaCheater

Don’t let incorrect design assumptions affect supply chain performanceWouldn’t it be nice if your supply chain actually performed the way you designed it to? That doesn’t have to be a pipe dream. Supply chain perfection just got one step closer with the Self-Healing Supply Chain and its ability to improve supply chain design assumptions.

Supply chains are complex and full of inter-dependencies. A problem in one area can wreak widespread havoc on others. Suppliers who are always late or one market consuming all available supply for globally required parts can destroy your ability to meet customer demands.

But it doesn’t have to be that way.

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Is your supply chain not performing the way you designed it to?

AlexaCheater

Is your supply chain data fake news?Garbage in, garbage out has never been more relevant

Data accuracy has always been an issue. But with the recent push toward building digital supply chains, it’s reaching a critical tipping point as companies integrate more and more data sources. Don’t let your supply chain make headlines for all the wrong reasons. When you improve your planning data accuracy, you’ll be able to:

  • More reliably model revenue and profit so you have a better picture of your company’s health
  • Spot performance degradation faster so you can take action before it impacts the bottom line
  • Empower your team to focus on exceptions and stop wasting time chasing down rogue data

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Is global complexity driving your automotive supply chain to the edge?

AlexaCheater

The solution to supply chain issues in the automotive industry

Don’t put your supply chain profits and productivity at risk. New technologies, emerging and shifting markets, disconnected regional processes, increasing volumes and added customer demands—these are just a few of the speed bumps automotive supply chains are facing. And not addressing all that mounting complexity could be putting your supply chain profits and productivity at risk.

But shining the headlights on these potential issues isn’t enough to solve them. To keep your automotive supply chain on the road to success, you’ll need to realign, consolidate and coordinate supply chain planning across all tiers and regions in your network, including suppliers. And that means connecting data, processes and people into a single supply chain planning platform—one that utilizes concurrent planning.

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An executive’s guide to AI in supply chain management

AlexaCheater

Artificial Intelligence in Supply Chain Management – KinaxisFaster, 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) and big data, and algorithmic advances. While there have been numerous examples of how AI can boost profits in supply chain execution—most notably in the form of autonomous vehicles and smart robotics—the benefits related to supply chain planning have largely been ignored.

But that’s starting to change as future-focused executives see the potential to improve profitability and productivity by making faster, smarter supply chain planning decisions. The first step in achieving those benefits is understanding AI and the other technologies associated with it, and where they can help improve your supply chain planning initiatives.

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What’s keeping you from realizing digital supply chain success?

AlexaCheater

Digital Supply Chain Strategy: Challenges and Next Steps – KinaxisGoing digital has become top of mind for most supply chain leaders these days. But finding success through digital transformation is still an elusive venture. According to recent research by the Korn Ferry Institute, all 100 senior supply chain executives the firm surveyed said digital supply chains have the potential to revolutionize businesses. Seventy-four percent admitted they still have a long way to go before that becomes reality. So, what’s standing in their way (and possibly yours as well)?

Lack of a clear digital supply chain strategy

Nearly half of respondents noted that while they have started on digitization, their strategy only considers the impact on the business, not how to implement digital in the supply chain. This could be due in part to lack of engagement at the executive and board level.

“The missing capability is understanding of supply chain at the board level. Supply chain is seen as cost down, whereas we should see it as a new revenue model generator. Everything comes back to the leadership challenge; why are we failing to get the right leadership at the top?” called out Janet Godsell, University of Warwick’s professor of operations and supply chain strategy at Warwick Manufacturing Group, in the report.

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What does it take to build a best-in-class supply chain?

AlexaCheater

Avaya: A supply chain management case study

Driving Avaya's digital transformationTrust in the transformation. That’s what high-tech giant Avaya had to do when the company decided to radically change up how it manages its supply chain. Going from a self-proclaimed worst-in-class supply chain to one of the best in the business was no easy feat, but the rewards were well worth the effort.

“In the beginning, it was tough,” admits Benji Green, Avaya’s Senior Director, Integrated Supply Chain Planning & Operations, in a recent article published by Supply Chain Digital. “12-hour days, hair on fire supply constraints, excess inventory, completely manual processes, imbalanced supplier terms and conditions, poor cash to cash. You name it, it was bad. It was hard to imagine becoming best-in-class at the time.”

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It’s not just supply chain planners who benefit from improved S&OP

AlexaCheater

It’s not just supply chain planners who benefit from improved S&OP

It’s the entire company—from planners to executives and everyone in between.

Effective, efficient sales and operations planning (S&OP) means you can respond to changes faster, spot opportunities earlier and better align your organization around a common set of goals.

But the benefits of S&OP extend beyond that—they help to simplify the day-to-day work of nearly everyone in your company. Improving S&OP means breaking down silos, connecting disparate data sources, exploring what-if simulations and developing cross-functional collaboration.

If you’re an executive, that translates into the ability to see a complete picture of the entire supply chain in an instant, with the most up-to-date data and changes reflected. Since you’ll be able to see risk or opportunity earlier, you’ll be able to make smarter business decisions faster, keeping your company on track to competition and financial success.

If you work in finance, improved S&OP means peace of mind that everyone puts what’s best for the business at the heart of every decision they make. Instead of working to individual or functional metrics, the entire organization aligns to key financial goals.

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[Webinar] Is your supply chain ready for a digital transformation?

AlexaCheater

It takes more than technology to transform your supply chain.

Digitization is here. And it’s redefining supply chains. Disruptive technologies like advanced analytics, artificial intelligence and the Internet of Things are converging, bringing together the physical and digital worlds into new digital supply chain networks. These networks are taking supply chains from siloed and sequential to dynamic and interconnected. But true digital transformation isn’t just about the technology in supply chain management.

Deloitte digital transformation - Kinaxis

Join us for our webinar, Is your supply chain ready for a digital transformation?, to learn why true digital transformation requires more than just digitization.

When: Thursday, March 15 | 2 p.m. ET

Register for this webinar to hear industry experts Tim Gaus, Principal at Deloitte Consulting LLP, and Trevor Miles, Vice President of Thought Leadership at Kinaxis, explore:

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