Tag

demand driven

Building Outside-in Processes: Answering A Question From the Audience

By | Demand, Demand driven, demand driven | No Comments

Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania. (This was the inaugural supply chain event for the Consumer Healthcare Products Association. Checkout the presentation posted on slideshare.) During the presentation, I spoke about the future of supply chain management, and the building of outside-in processes. In my discussion, I used the chart in Figure 1. Figure 1. Shifts in Traditional Supply Chain Processes in the…

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Looking Beyond Red Arrows

By | Demand, Inventory Management, market-driven value chains, Market-driven value networks | No Comments

When I engage with supply chain leaders , I ask, “Are you making progress?” Most will nod their heads ‘yes’, but upon a closer look at the data they admit they are stuck. Acknowledging this truth is a freeing moment. Why? It is hard work to maintain the status quo in metrics performance. Most leaders are treading water. When asked to do more, they try to deliver. They often fail. A downward-facing…

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Is a Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

By | customer-centric supply chains, Demand, demand driven | No Comments

It was an early morning. I cradled my cup of tea in my hand.  It had been a long night. However, I had little time to be tired. The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” I smiled. As we talked the adrenaline started to pump. I asked for a black marker to draw on the board…

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Network Consolidation: A Step Forward for Market-Driven Value Networks?

By | customer-centric supply chains, Demand, Market-Driven, Supply Chains to Admire | One Comment

Market-Driven Value Networks: An adaptive network focused on a value-based outcomes. The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. Today’s supply chain processes are inside-out with a focus on orders and shipments. We have automated transactional data; but there are no systems available to take independent demand data (channel data) and move…

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No Easter Bunny?

By | Demand driven | 4 Comments

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. There is also no Santa Claus. Yes, our parents perpetuated the image of that elderly white-haired gentleman, a symbol of Christmas love. This bunny in the basket is not real. Sorry to break the news. In Galileo’s world there was…

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Digital Supply Chain

Raise a Toast to Digital Business!

By | Big data supply chains, Demand, Market-Driven, Supply Chain | 2 Comments

It is the week before Thanksgiving in the United States, and as a good Yank, I am reflective. I am giving thanks. This blog was started in 2010. Today, 270 posts and five years later, I am thankful for the opportunity to sit at my kitchen table and communicate to almost 20,000 supply chain professionals globally (directly through this blog and through connections on Linkedin). I am in awe of…

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Three Questions People Are Afraid to Ask

By | Big data supply chains, Demand, Market-Driven | 10 Comments

Groupthink is a psychological phenomenon that occurs within a group of people in which there is a desire for harmony within the group, but the result is an irrational or dysfunctional outcome.  Wikipedia You know the drill. The meeting is on everyone’s calendar. It has been set up by the CEO or a board member’s assistant months in advance. The room is big, the PowerPoint deck is large, and the coffee…

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Stasis

By | Demand, Demand driven, Demand sensing, Demand shaping | One Comment

sta•sis (ˈsteɪ sɪs, ˈstæs ɪs) n., pl. sta•ses (ˈsteɪ siz, ˈstæs iz) the state of equilibrium or inactivity caused by opposing equal force It was 1988. I was involved in early Vendor Managed Inventory (VMI) pilots. In my work at Clorox we were starting to ship to Walmart using Retail Link. We were excited. It seemed like the start of a great thing. In the pilot, we were able to see retailer flows. We…

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What I Have Learned Teaching Courses on Market-Driven Value Networks

By | Demand driven, Market-Driven, New technologies, Sales and Operations Planning, Supply Chain, Uncategorized

One of the favorite parts of my job is teaching classes on how to take supply chain concepts to the next level to improve corporate performance. I love helping people to see supply chain concepts differently. One of the ideas that I am researching and sharing is the concept of building Market-Driven Value Networks. The concepts of being market-driven build on the research that I have done for the last ten years on building…

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It Is Just You and Me, Dude. The Secret Is Safe. Promise.

By | Demand, Downstream data, Market-Driven | No Comments

At the end of the presentation today, it happened. At break, after sharing research on the principles of becoming market driven, I was relaxing with my coffee when I heard a person softly say, “I am sorry to be so dumb, but I don’t think that I understand the concepts of becoming market driven … or the differences between market driven and demand driven. It is probably me, and I hate to ask…

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