Category

Global Supply Chains

Probabilistic Forecasting: Right Fit for Your Business?

By | Demand, Global Supply Chains, innovation, Inventory Management | No Comments

In the design of planning systems, it is important to think through the elements. These include data inputs, data model fit, engines, outputs, visualization, ease of use, workflow/what-if analysis, master data, and integration. The least problematic element is integration. However, and ironically, integration fears drove many decisions in the past decade. A Closer Look at Forecasting Traditionally, companies forecast using history (shipments or orders) as inputs and apply linear regression…

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A New Red Wagon?

By | Big data supply chains, Global Supply Chains, Supply Chain Insights | No Comments

I grew up in the mountains of West Virginia. In my youth, my mom would frequently exclaim, “Be careful where you hook your red wagon.” The mountain expression is a warning. My mom wanted me to make smart choices and be careful on placing my bets for the future. Amazon bought Whole Foods Market. Google is launching autonomous vehicles. There are seismic shifts occurring between industries in value chains. Fear…

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BASF: A Story of a Supply Chain Leader

By | Global Supply Chains, Supply chain excellence, Supply Chain Excellence, Supply Chain Insights, Supply Chain Leadership, Supply Chain Performance Index | No Comments

BASF creates chemistry. Over the last two decades the company successfully leveraged global scale to define supply chain leadership. With 12,000 supply chain employees operating in 80 countries with 2400 storage facilities, supply chain excellence and innovation are the foundation of corporate performance. The work of the BASF leadership team is a success story in managing global complexity. For this case study we interviewed Ralf Busche, Senior Vice President of…

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Getting Ready for 2017: Reflections on Telling Lies

By | Demand, Global Supply Chains, Inventory Management, Supply Chain | No Comments

The streets below me today are icy and wet. It is a dark and dismal day. However, not for long. The gloomy streets will soon be alive with Mummers to ring in the New Year in Philadelphia. The Mummers Parade is a Philadelphia tradition. I love the string bands, and I will be standing at the corner of Broad and City Hall celebrating the New Year. New Year’s Eve is a…

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Building the Network of Networks. Call for Action. Want to Help?

By | Big data supply chains, Digital Supply Chain, Global Supply Chains, market-driven value chains, Supply Chain visibility | No Comments

In the 1980s commercial internet providers evolved. In 2001 Steve Jobs put 1000 songs in our pocket.  And steadily, over the last three decades, mobile phones changed the pace of business. In the process, the banks got bigger and business networks grew more complex. In the last decade social networks and new business models evolved. eCommerce and electronic shopping carts drove new forms of commerce. It lifted all boats in…

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Five Things I Have Learned About Global Supply Chain Planning

By | Global Supply Chains, Supply chain planning, Uncategorized | No Comments

Another plane, another client; and yet another discussion. They are sounding a bit the same. I am trying to not sound like a broken record. Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. It is very similar to the man in the picture: a company attempting…

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Supply Chain 2030: Forge a New Path

By | customer-centric supply chains, Demand, demand driven, Global Supply Chains, Market-Driven | 2 Comments

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning.  Our goal is to build a guiding coalition to think differently to improve outcomes. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it…

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How Can We Heal the Global Supply Chain?

By | Demand, Global Supply Chains, Supply Chains to Admire | One Comment

Today I unpacked my bags. In the last six months, in my travels, I have presented to supply chain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, Spain and the United Kingdom. To streamline my efforts, I just kept a packed bag in the closet. I strongly feel that if I am going to cover the global supply chain that I need to experience it. Connectivity enabled…

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