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Let’s face it. Managing a global supply chain is no easy feat. You constantly have to solve complex problems and manage shifting situations driven by things like regulation changes, growing consumer expectation and geo-political unrest. Tradeoffs and difficult choices are everywhere.
Add to that the fact that many of us are still using antiquated technology that just hasn’t kept up with the times and it’s no wonder we often feel stuck in firefighting mode.
Successfully managing your supply chain means making decisions. A lot of them.
But the reality for many is that the tradeoffs and choices they’re making are based on outdated or inaccurate data.
How can you be sure you have the information and insight you need to make the best supply chain decisions possible for your business? Today’s planning reality leaves too much room for uncertainty. Siloed and sequential data and processes don’t deliver the visibility you need.
Less than 15 percent of supply chain executives are female. Even fewer are women of color. That’s a sad state of affairs, and desperately needs to change. So how is it that with so many strong, courageous, talented women, so few have found a way to break through the glass ceiling?
Kristen LeBaron, Director of Supply Chain at Lippert Components, Heather Mason, Inventory Program Manager at Applied Materials, Tonia Chu, Global Business Process Owner at Sanofi Genzyme and Pamela Passman, a member of the Kinaxis Board of Directors, shed some light during the Women in Supply Chain Breakfast on day two of Kinexions ’18, our annual user and training conference.
It’s not about the future. It’s about what’s beyond it. And when it comes to what matters next for supply chains and supply chain management, it’s all about two things: digital, and the people enabling it.
Hundreds of supply chain managers, planners, executives and experts gathered in National Harbor, MD on October 16 for the kickoff of Kinexions ’18, our annual user and training conference, to learn how to digitize, transform and revolutionize their supply chains.
The opening keynote presentations didn’t disappoint.
“We’re well on the journey to digitization,” said Kinaxis CEO John Sicard. A poignant reminder that despite all the hype recently, many of the ‘latest innovations’ people are screaming about have actually been around and available in products like Kinaxis RapidResponse® for years. But despite the differences between us – country, industry, age, gender and role – we’re all asking the same question. What comes next?
It’s getting harder and harder to get ahead—and stay ahead—of the constantly shifting realities of today’s interconnected world. Unstable markets, growing customer demands, emerging competition and deep-rooted reliance on outdated, legacy systems are causing chaos and complexity.
Traditional supply chain issues are only getting compounded by all of these new and emerging data sources. Everyone’s turning to digital for the answers. And it’s no wonder when companies with digital supply chains are seeing enterprise-wide results like 25% faster response times, 30% working capital reductions and up to 110% higher operating margins.
Wouldn’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.
Garbage in, garbage out has never been more relevantData 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:
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.
