From catching up with the very first Kinaxis customer to exploring the future of supply chain, day one of Kinexions, our annual user and training supply chain conference, proved to be an out-of-this-world learning experience, aptly set to a soundtrack of songs by ‘80s rock group Journey.
And what a journey day one at Kinexions has been. Here are just a few of the great insights coming from the conference:
“Artificial intelligence and machine learning aren’t magical pixie dust.” John Sicard, CEO, Kinaxis
As Kinaxis CEO John Sicard put it, artificial intelligence (AI) and machine learning (ML) aren’t magic, but they can help you create a little in your supply chain. Sicard talked about the notion of a self healing supply chain, one based on machine learning algorithms, which can help you:
Analyze and make intelligent predictions on what your values should be
Heal itself automatically
Monitor performance improvement and value over time
I was at the recent LogiPharma US conference for the pharmaceutical supply chain leaders. However, most of the insights and the stories I took away from the event are applicable to other industries as well. Here they are:
1. Personalized medicine demands supply chain agility: During a highly engaging panel discussion on “Building a patient-centric supply chain”, Kevin Cook, VP of North America supply chain at Sandoz (a division of Novartis) talked about the unique nature of the recently approved Kymriah, CAR-T cell therapy for children and young adults with certain types of Leukemia. The therapy showed an 83% remission rate in the patient population studied! In CAR-T cell therapy, every single dose of a treatment is completely personalized, as it involves extracting the patient’s immune cells, bringing them to a production facility, genetically modifying them, transporting them back (at minus 180oF!!), and then reinfusing the patient to fight the cancer cells. So, personalized medicine is here! With it comes several logistical challenges.
While Kymriah is the ultimate example of personalized therapy, there were several attending companies that provided therapies for rare diseases affecting a few hundred to a few thousand patients across the globe. In such a high mix, low volume portfolio, decisions such as how to allocate short supply to patients in case of contamination of a manufactured batch, can be lifesaving. Brad Pawlowski of Accenture said it right during his opening remarks – “Instead of executing one supply chain a thousand times, we should get ready to execute a thousand supply chains, one at a time”.
The 2017 Gartner supply chain executive conference took place at the O2-Intercontinental Hotel in London on September 20th and 21st. The theme of the conference was ACT (Aspire, Challenge, Transform), same as the Gartner supply chain summit in Phoenix during May of this year. A few of the presentations in London, such as a highly provocative key note by John Philips of PepsiCo are a repeat from this prior event. I covered my observations from the May event in a previous blog. To avoid repetition, I will focus on some net new messages that resonated well with me from this event. Here they are, in no particular order:
1. Tailor your supply chain to cater to diverse businesses: In his keynote, Mourad Tamoud, EVP of Global Supply Chain Operations of Schneider Electric talked about how they are segmenting their supply network based on their customer personas and purchasing behaviors. Based on how Schneider plans, delivers and executes, the following five supply chain models were defined:
b. Lean supply chain (for customers who value the economic aspects of their purchases)
c. Agile model (for the customers who value reliability above all else)
d. Project model (for high level of configurability)
e. Fully flexible
Using these different supply chain models, Schneider was able to tailor the service and the overall experience for customers by different personas/groups. The crux of his message was that the overall design and the technological enablers are equally important in enabling “tailored supply chains”.
Recently, I was asked to write an email with a FOMO theme. Admittedly I had no clue what this meant (maybe it’s an age thing?). Then my mind wandered to the gutter because it starts with the letter “F.” Then I asked Mr. Google who never lets me down – and he didn’t.
FOMO is short form for “Fear of missing out.” It’s really the fear that if you miss a party or event you will miss out on something great. Well, speaking of events and something great, that’s exactly what Kinexions ’17 promises to be. Hey, on that note, check out this little snippet!
If you read my last blog post, you know that Kinexions is the premier supply chain conference event for our RapidResponse® user community. It’s two jam-packed days of networking, inspiring keynotes, informative general sessions and a variety of breakouts delivered by customers, product experts and partners. This year, Kinexions takes place Oct. 10 and 11 in Orlando, Fla. And, thankfully, it’s all systems go – despite Irma’s recent visit.
It’s hard to believe that Kinexions ‘17 is only a few weeks away. Time flies – just like astronaut Chris Hadfield, who will be joining us as our keynote speaker on the Kinexions mainstage in Orlando this year.
For those of you who missed my last blog post, Kinexions is the premier annual event for our RapidResponse® user community, including customers and prospects. The supply chain conference offers two full days of networking, inspiring keynotes, informative general sessions and a variety of breakouts delivered by customers, product experts and partners.
Last post, I touched on the top five reasons to attend the conference:
Supply chain stories that inspire
Out-of-this-world keynote speakers
Fun, exercise and a touch of Supertramp
More opportunities for RapidResponse learning
Today, I’d like to dig a little deeper into reason #1: supply chain stories that inspire.
“Focus on the journey, not on arriving at a certain destination.” Chris Hadfield, An Astronaut’s Guide to Life on Earth
It’s all systems go for Kinexions ’17, which will take place Oct. 9 – 13, 2017, in Florida at the JW Marriott Orlando, Grande Lakes. With a theme of Where are you on your supply chain planning journey?, this year’s Kinexions promises to be bigger and better than ever.
If you don’t know what Kinexions is, let me fill you in.
Kinexions is the premier annual event for our RapidResponse® user community, including our customers and partners. Offering two full days of networking, inspiring keynotes, informative general sessions and a variety of breakouts delivered by customers, product experts and partners, Kinexions ’17 will offer something for everyone – regardless of where they are on their supply chain journey.
Now, for the top 5 reasons to attend Kinexions ’17…
Future supply chain leaders will look back at 2016 as the end of an era. Spurred by unprecedented disruption, volatility and technology evolution, leading organizations are abandoning outdated, overly rigid supply chain planning processes and moving towards the future of planning: concurrency.
Kinaxis hosted Kinexions Tokyo 2016 customer user conference event at the Canadian embassy in Tokyo. It was a stupendously successful event with many customers, prospects, and partners in attendance. The day kicked off with some very interesting and engaging presentations by Deloitte, Roland DG, Mitsubishi, and a Kinaxis keynote delivered by me. Here are some common themes based on the presentations and the conversations I had with the event attendees:
Organizations are looking to digital supply chains as a differentiator. With increased complexity and volatility in global supply chains, the ability to respond quickly to supply chain disruptions is becoming very critical. However, such transformation is not a big bang switch, but is a journey. Both Roland DG and Mitsubishi shared their experiences and their journey towards faster decision-making.
Companies are looking to significantly revamp their supply chain planning processes. This is due to increased realization that the current batch oriented planning processes are limiting their ability to run scenarios in real time and collaborate based on them.