Announcing an Upcoming Webinar: Supply Chain Segmentation- The Key to More Predictable and Profitable Business Outcomes
Supply Chain Matters Lead sponsor JDA Software recently released the results of its first annual JDA Vision 2015 study of supply chains. This study provides a detailed quantitative look at the top supply chain issues facing various industry supply chains today and includes collected responses from executives across a wide range of industries company sizes and geographies.
Within this report’s Executive Summary there are conclusions related to the support of today’s customers. Whereas, not long ago, firms focused on operational efficiencies, today, it is all about the customer and meeting ever more demanding customer expectation and service needs. The summary notes in part: “Saving time and money remains important, but the name of the game now is how to meet customers’ ever changing expectations and keep them coming back.”
From this author’s lens, one of the more important strategies for supply chain and sales and operations teams to consider within today’s unprecedented aspects of supply chain complexity is the continued realization that one size fits all supply chain fulfillment strategies do not add to the need for meeting higher customer expectations while delivering on expected business outcomes. This is why considerations for supply chain segmentation strategies have become more important.
To explore such needs, JDA Software and Supply Chain Matters will be hosting an upcoming webinar: Supply Chain Segmentation – The Key to More Predictable and Profitable Business Outcomes, where this author will provide perspectives on the increasing importance of linking supply chain segmentation and more predictive planning and analytics capabilities. I will further address how elements of supply chain advanced technology that can aide in linking supply chain segmentation efforts.
This complimentary webinar is scheduled for Wednesday, April 1st at 11am Eastern. Joining me in this webinar will be Puneet Saxena, Vice President, Manufacturing Planning at JDA Software.
Readers can register for this webinar at this registration link.
Join us as we discuss today’s process and business requirement needs related to supply chain segmentation.
The role and contribution by procurement to the business is changing rather rapidly. The reasons are many and the change has accelerated because of evolving mega-trend convergence that surrounds various industry and services focused supply chains. Such trends include more rapid advances in the technology and software applications supporting sourcing and procurement business processes.
Once more, retail food and beverage and other service industries are undergoing extraordinary challenges brought about by global expansion of supply networks. Recent headlines surrounding brands such as McDonalds and KFC and their challenges with China based food suppliers are just two examples.
On March 8-10, e-Sourcing technology provider Intesource will be hosting its 2015 InnovationBest Practices in Sourcing customer conference in Las Vegas. We are pleased to announce that Bob Ferrari, Supply Chain Matters Founder and Executive Editor will be a featured guest speaker. This week on the Intesource E-Sourcing Society blog, Bob is featured in a guest commentary describing his upcoming talk, Converging Mega-Trends Impacting the Supply Chain.
Customers of Intesource and Supply Chain Matters readers who may be in Las Vegas during this period are welcomed to attend this insightful presentation.
Join Bob Ferrari in Las Vegas in March.
Supply Chain Matters readers residing in the New England region are invited to join me at the 7th Annual Supply Chain Management Summit being held on Thursday, August 21 on the campus of Bryant University in Smithfield Rhode Island.
Over the years, this Summit has grown and matured into a northeast regional event focusing on a new burgeoning supply chain challenges and solutions. I was a featured speaker in the 2013 event which was very well attended and I’m pleased to be invited back to speak at this year’s Summit.
I’ll be joining a distinguished compliment of speakers for this year’s event including a dear former colleague, Dr. Larry Lapide who will be delivering the morning keynote, and Dr. Jim Tompkins who will deliver a very timely luncheon keynote.
My presentation is titled: New Developments in Supply Chain Technology- What to Consider in Your Supply Chain Investment Plans. This presentation will address:
- How senior industry executives view needs in business-wide decision-making, and what expectations they have for supply chain capabilities.
- The new requirements of Plan-Sense-Adapt- Synchronize and the new levers of information velocity-context- clarity
- A new thinking required to overcome current organizational and supply chain collaboration barriers
- What you should know as operations, planning, procurement or supply chain management professionals in terms of skills readiness and tool adoption
Individual registration for this upcoming conference is $150 with discounts available for organizational table sponsorships. Registration is available at this web link but act quickly since the event is a sure sellout.
If your organization has needs for a dynamic speaker, panelist or roundtable facilitator on compelling topics impacting supply chain management and B2B business networks, you are welcomed to review our Speaking Services page.
We have a busy upcoming week here at Supply Chain Matters.
On Monday, Founder and Executive Editor Bob Ferrari will deliver the keynote presentation at the 2013 PRISM User Group Meeting being held outside Boston. The topic of that presentation will be: Most Significant Trends Impacting Supply Chain and Manufacturing Teams in the next Five Years. This presentation will address five specific areas of important mega-trends and we will make this presentation available for no-cost download via our Research Center or SlideShare outlets.
On Thursday and Friday, Supply Chain Matters will be in Scottsdale Arizona for Kinexions 13, the annual user conference conducted by our Lead Sponsor, Kinaxis. The overall theme of this year’s event is Know Sooner, Act Faster. We look forward each year to attending Kinexions which often attracts a distinctive audience of supply chain planning and leadership professionals. As always, we will be featuring some live updates as well as full coverage of the conference. As we noted in a summarized impressions of Kinexions 2012, this event continues to reinforce year after year that software provider conferences do not have to take on a high gloss sales-driven image, but rather one that attendees can conclude that they truly enjoyed attending, gained knowledge, networked with other professionals will similar challenges and shared in some good humor and funny skits.
If you are attending either of these events, please seek us out and say hello.
We again invite Supply Chain Matters readers to join me in an August 13th webinar, sponsored by Steelwedge Software titled: Your S&OP Analytics: Crystal Ball or Ball and Chain?
In this webinar, I will address the evolution of S&OP and how predictive analytics will play an important part for enabling future decision-making needs in this process. S&OP needs to move toward better prediction of events and business outcomes while converging forces in business strategy, supply chain strategy and information technology are aligning toward helping businesses to leverage predictive analytics tools within S&OP.
I’ll have some interesting insights to share with you.
In our most recent Supply Chain Matters Quarterly Newsletter, we called attention to published reports that the hottest interest in business schools of late is not banking or finance, but rather a career in supply chain management. Both Bloomberg Businessweek and the Wall Street Journal (paid subscription or free metered view) published articles in June reflecting on this hot new interest. They note that the complexities of managing globally extended supply chains is now fueling demand for people with concentrated supply chain academic backgrounds. But alas, there is a classic demand and supply problem and additional academic institutions are moving to satisfy current and future demand for such trained professionals. More than a half-dozen universities have recently introduced undergraduate majors, MBA concentrations, or entire degree programs dedicated to areas of supply chain management.
Bloomberg cites a study from the Georgia Center for Innovation and Logistics indicating that nearly 200,000 U.S. supply chain jobs will go unfilled each year through 2018 because of the lack for qualified talent. Because supply-chain graduates are in such high demand, they are garnering high starting salaries upon graduation. The WSJ noted that, at the MBA level, starting salaries average above $97,000, nearly $5000 above all other MBA’s.
Both articles made mention of up and coming Smithfield Rhode Island based Bryant University, which five years ago began offering a minor in supply chain management curriculum. Last fall, Bryant launched both an undergraduate and an MBA concentration major in supply chain management under the direction of program director Dr. Teresa McCarthy, University of Tennessee alum. Thus far, 180 students are attending both of these programs. Needless to state, such business media citation has raised the visibility of Bryant.
For the past six years Bryant University has conducted a one-day Supply Chain Management Summit. This year’s 6th Annual Summit will be held on August 22, 2013 on the campus of the university. With all of the recent visibility to Bryant, the Summit organizers have been able to recruit 21 speakers for this year’s event. Among some select speakers are senior executives representing Banneker Industries, Barrett Distribution, C.R. Bard, CVS, Dunkin Brands, GSM Metals, NFI Industries and Sikorsky Aircraft
Yours truly is an invited speaker as well. My session is titled: Supply Chain Predictive Analytics- The Increasing Importance of Using Analytics in Supply Chain Planning and Response Management. My presentation will address the current converging forces in the areas of business, supply chain process evolution, and information and database technology that will lead to increased adoption of more predictive planning and decision-making capabilities across the extended supply chain.
We welcome and invite Supply Chain Matters readers residing in the New England area, or who happen to be in the area, to consider attending this Summit. Additional information and registration can be obtained by accessing the SCMS web site.
I’m looking forward to once again meeting members of supply chain management community at this regional summit. Hope to see you there.