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Think Tank
Business Strategy Alignment: Page 248
How Business-Operations Alignment Can Manage Digital Disruptions
Analyst Insight: Many companies continue to struggle with ensuring their operations are fully aligned with, and are enabling, their business strategies. The rapid introduction of digital disruptions, and the resulting need for enterprise-wide digital strategies, have exacerbated the problem. Business strategies are mostly about products and target markets. Operations must deal with customer experiences and delivering on the services and value propositions for buying the products. - Gene Tyndall, executive vice president, Tompkins International
In Supplier Management, Companies Need to Step Up Their Game
The ability to monitor the behavior and condition of one's suppliers depends on having access to hard numbers. But a surprisingly large percentage of companies lack this critical data.
Will Trade and Transport Measures Advance, or Slow to a Crawl?
In the wake of the defeat of his healthcare proposal, President Trump might well be hoping for a comeback in the form of passing new trade legislation. What are the chances of that happening?
The Bottom Line: Managing Your Cash-to-Cash Cycle
The cash-to-cash cycle is a key metric for measuring the efficiency of a supply chain. But many companies seem unable to deploy it with success.
Industry 4.0: The Five Steps Toward a Digital Supply Chain
If the vision of Industry 4.0 is to be realized, most enterprise processes - manufacturing, product development, customer relations, and the workplace itself - must become fully digitized. A critical element will be the arrival of the digital supply chain.
Warehouse Logistics: The Gap Between Strategy and Performance
Analyst Insight: For the past 13 years we've studied metrics used in DCs across the U.S. During that time we've shared benchmarking data, reporting how some of the best firms use metrics to improve performance. Yet, gaps still exist - and bridging them can lead to greater performance gains. For the past two years, we have been examining how companies are using metrics to align to the strategic objective. The results have been surprising! - Donnie Williams, assistant professor of logistics and supply chain management, Georgia State, and Karl Manrodt, professor of logistics and supply chain management, Georgia State
Four Steps Procurement Professionals Can Take to Survive Automation
The BBC's head buyer is optimistic the procurement function won't be replaced by robots if it adapts to become a strategic part of the business.
Leverage Your Supply Chain as Competitive Advantage in Dynamic Marketplace
Analyst Insight: As companies adjust their business strategy to the dynamically changing marketplace, many seek direction when investigating options for supply-chain improvement. With help from data insights obtained through supply-chain analysis, more companies are achieving greater flexibility for meeting demand by leveraging their supply chain as a competitive advantage. – John Richardson, vice president, Supply Chain Analytics, Transportation Insight
Being Fit for Growth During Digital Transformation
Analyst Insight: Most products arrive in the hands of customers through traditional processes. Sales and operations build forecasts, make procurement plans, and order the necessary materials to produce the products, and manufacturing builds the products at the planned production rates. Distribution plans are established to account for some variation in demand, and customers are promised specific delivery dates. If all goes well, the gap between demand and supply at every point in the system will be small. But that rarely happens. –Eduardo Alvarez, principal, PwC, and Rodger Howell, principal, PwC
How to Create an Integrated Approach for Supply Chain Management
Analyst Insight: The global supply chains of today are tremendously complex. They consist of a global network of suppliers, manufacturing facilities, warehouses, distribution centers, and the broader fulfillment network. Supply-chain planning and execution occur across all areas of the supply chain, and the success of operations is largely reliant upon the success of the supply chain. Such complexity and the abundance of touch points are driving the need for modern supply chains to implement an integrated approach to supply-chain management. – John Santagate, research manager, IDC
Looking Ahead: These Jobs Could Be Automated Within the Next Decade
When weighing career paths, or at least when debating a job proposal, one thing people consider is job security: Will the work still be there in the near future, or will they need to prepare to start hunting for a new position soon? This question gains depth when you add in the issue of automation: Artificial intelligence is a constantly improving technology, and its applications seem endless.
Former Amazon Executive Shares Plan for Developing an IoT Strategy
The internet of things (IoT) may present the biggest opportunity to enterprises since the dawn of the internet age, and perhaps it will be bigger. Research firm Gartner predicts there will be nearly 20 billion devices on the IoT by 2020, and IoT product and service suppliers will generate more than $300bn in revenue.
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