SlideShare a Scribd company logo
1 of 24
Tara Dwyer
Webinar Coordinator,
Supply Chain Brief
with James A. Tompkins, Ph.D.
The Supply Chain & Logistics
Journey:
Humble Beginnings,
Troubled Present,
Amazing Future
Wednesday, September 14th, 2022
12:30pm PDT, 3:30pm EDT, 8:30pm BST
Founder, Tompkins Ventures,
Co-Founder, Tompkins Leadership
Jim Tompkins,
Ph.D.
Tompkins Ventures,
Tompkins Leadership
Avetta provides a cloud-based supply chain risk management and
commercial marketplace platform. Our global solution is uniquely
designed to connect the world’s leading organizations with
qualified suppliers, driving sustainable growth. We build
trustworthy bonds through responsive technology and human
insight. Our process is collaborative. Our global reach is
complemented by our local expertise. Hundreds of global
organizations depend on Avetta to align their supply chains to
sustainable business practices, worldwide. Discover more at
avetta.com.
TO USE YOUR TELEPHONE:
You must select "Use Telephone" after joining
and call in using the numbers below.
United States: +1 (631) 992-3221
Access Code: 300-283-948
Audio PIN: Shown after joining the webinar
TO USE YOUR COMPUTER'S AUDIO:
When the webinar begins, you will be connected to audio using your
computer's microphone and speakers (VoIP). A headset is recommended.
Click on the Questions panel to
interact with the presenters
or
The Supply Chain &
Logistics Journey:
Humble Beginnings,
Troubled Present,
Amazing Future
Jim Tompkins, Ph.D.
Chairman & Founder, Tompkins Ventures
Chairman & Co-Founder, Tompkins Leadership
Humble Beginnings
• Logistics:
o Pre-1970: Military term, not used by industry
o 1981-1990: Term covered inbound and outbound warehousing and
outbound transportation.
o 1981-1990: Term encapsulated inbound and outbound warehouse
transportation.
o 1991-2005: Logistics was a necessary evil, not a success factor.
o 2006-2020: Leadership saw logistics, particularly transportation, as a
significant cost that required internal expertise or outsourced
competencies.
5
Humble Beginnings
• Supply Chain:
o 1991-2005: Leadership viewed supply chain as an ever-increasing coast.
Goal was reducing cost.
o 2006-2020: A growing awareness that supply chain not only involved
costs but involved customer experience. The customer-centric supply
chain could reduce costs and increase revenue.
6
Troubled Present
• Logistics: 2020-present: COVID-19 Disruption skyrocketed transportation costs
way beyond budgets. Chaos reigned.
• Supply Chain:
o March-May 2020: The “man on the street” discovered supply chain, which went
from an unknown field to a critical requirement for business success. Supply
chain had respect.
o June 2020-present: Product shortages, inventory levels and costs were out of
control. Leaders started calling for resilience.
7
Amazing Future
• The Troubled Present begets the necessity of businesses to rethink their approach
to Logistics and Supply Chain.
• It must be understood that Disruption is the new normal.
• The future will depart from the past, not continue it.
• Disruption often leads to Tipping Points that lead to Paradigm Shifts.
• Paradigm Shifts require new leadership philosophy.
• The required new leadership philosophy is Insightful Leadership.
8
Insight, Foresight and Insightful Leadership: The Surfing
Analogy
• GET IN THE WATER WITH YOUR SURFBOARD.
• FORESIGHT: Ability to predict which wave will be the
right one to ride
• INSIGHT: Understanding how the wave will break and
how to innovate to maximize the success of your ride
• INSIGHTFUL LEADERSHIP: Action to get in front of
the wave and harness the power of the wave
• PADDLE BACK OUT WITH GREATER FORESIGHT.
This Photo by Unknown Author is licensed under CC BY-SA
9
3-Step Process of Insightful Leadership
• Step 0: Have deep experience that begets foresight
• Step 1: Gaining insights
• Step 2: Harnessing the power of insights
• Step 3: Creating success from Insightful Leadership
10
What Can You Gain Through Insightful Leadership
• Which Disruption(s) will crest into a Tipping Point, leading to a Paradigm
Shift
• Perpetual Disruption means perpetual opportunity.
• Innovations - the actions required to take advantage of these endless
opportunities
• Optionality:
o Preparing for the next disruption
o Replaces optimality
11
Disruptions- Tipping Points- Paradigm Shifts of the Last 32
Months
Disruptions Tipping Points Paradigm Shifts
COVID-19 Lockdowns How we work and live
Digital Innovation eCommerce explosion How we buy goods/services
Global connectivity Broken supply chains Need for resilient supply chains
12
Amazing Future: Paradigm Shift On How We Work and Live
13
• I quit
• Work from home
• Work/life balance
• Culture
• Major leadership challenges
Amazing Future: Paradigm Shift for eCommerce Explosion
14
• Distributed logistics
o Forward-deploys inventory closer to customers
o Smaller fulfillment centers near population centers, fed by larger
distribution centers in rural areas
o Includes Micro fulfillment centers
o Automation due to labor shortages
• Final mile challenges
Amazing Future: Paradigm Shift for Resilient Supply Chains
15
Digital Supply Networks
• End-to-End
• Planning/Execution
• Eliminate latency with real-time information
• Single version of the truth
• Use artificial intelligence and machine learning
• Autonomously resolve many problems
The Russian Invasion of Ukraine: An Example
16
• Need foresight and insight
• Foresight: Who will win?
o How am I able to have an opinion? Because I believe winning companies,
universities, countries, etc. have a lot in common.
o I believe winners are defined by their capabilities around (in alphabetical
order):
• Capital
• Facilities
• Leadership
• Logistics
• Technology
This Photo by Unknown Author is licensed under CC BY-NC-ND
The Russian Invasion of Ukraine: An Example
17
TOPIC RUSSIA WINS UKRAINE WINS
Capital X
Facilities X
Leadership X
Logistics X
Technology X
• Foresight: Who will win?
This Photo by Unknown Author is licensed under CC BY-ND
The Russian Invasion of Ukraine: An Example
18
• Insight: Major implications across many mega-topics.
o The future of Russia, Russian allies, Eastern Europe, NATO, Taiwan/China. For
others to decide.
o Fertilizer & global food crisis, energy, metals & inflation. For others to decide.
o Supply chain
• Sourcing to friendly nations, sourcing closer to home & reshoring essential
products/materials
• Ongoing growth of digitization, AI/ML and smart solutions
• Increased acceptance of digital supply networks and network collaboration
• Increased utilization of automation, robotics and drones
• Increased research, development and entrepreneurship across industries
The Russian Invasion of Ukraine: An Example
19
• Leadership: Increased emphasis on:
o Culture, meaningful work, recognition & retention
o Employee growth, adult learning, mentoring & coaching
o Teamwork, collaboration & communications
o Career/personal balance, hybrid work & flexible work
o Innovation, entrepreneurship & technology
o Embracing diversity & focus on inclusiveness
o Wellness & mental health
o Insightful leadership
Path Forward: Embrace Insightful Leadership
20
Innovation
Entrepreneurship
Disruptions,Tipping Points,
Paradigm Shifts!
Too Risky! Too Different!
Foresight
Insight
Trial,Error,Refinement
Validation
Paradigm Shift
Begets Success
ESTABLISHED FIRM
RiskAverse
Disruptions,Tipping Points,
Paradigm Shifts!
Foresight
Professional
Management
The Innovation Cycle IS:
Profitable Growth
and Value Creation
Resistance to
Change
Path Forward: Embrace Insightful Leadership
21
• Get off the couch.
• 2022 is not 2019.
• Yesterday’s solution is not today’s solution.
• Disruptions are coming, Tipping Points are
coming, and Paradigm Shifts are coming.
• Kelly Slater, the youngest and oldest to win the
Super Bowl of surfing says: “Get rid of the fear,
understand what the wave is going to do and
become a part of it.”
• Grab your surfboard, get in the water and Go!
Go! Go!
In Conclusion
22
• Humble Beginnings: Logistics & Supply Chain: Not important and not
contributing to competitive advantage.
• Troubled Present: Logistics & Supply Chain: Not working, major challenge for
most organizations and need reinvention.
• Amazing Future: Logistics & Supply Chain: Huge opportunity to reinvent and
make transformational contributions to organizational success.
o New leadership paradigms
o New dynamic operating requirements paradigms
o New resilience and technology paradigms
Contact
Jim Tompkins
jtompkins@tompkinsventures.com
Jim Tompkins | LinkedIn
www.tompkinsventures.com
www.tompkinsleadership.com
23
Supply Chain Webinar: Humble Beginnings, Troubled Present, Amazing Future

More Related Content

Similar to Supply Chain Webinar: Humble Beginnings, Troubled Present, Amazing Future

Wearables Tech Con_ModusLink_Final
Wearables Tech Con_ModusLink_FinalWearables Tech Con_ModusLink_Final
Wearables Tech Con_ModusLink_FinalPaul Goates
 
Retail2020 - Forecast for the future of Retail
Retail2020 - Forecast for the future of RetailRetail2020 - Forecast for the future of Retail
Retail2020 - Forecast for the future of RetailSuhas Dutta
 
Trends in Supply Chain: The Beyond Belief Impacts of VUCA on Supply Chains an...
Trends in Supply Chain: The Beyond Belief Impacts of VUCA on Supply Chains an...Trends in Supply Chain: The Beyond Belief Impacts of VUCA on Supply Chains an...
Trends in Supply Chain: The Beyond Belief Impacts of VUCA on Supply Chains an...Aggregage
 
Presentation for the Nexus Conference on the Internet of Things and the Evolu...
Presentation for the Nexus Conference on the Internet of Things and the Evolu...Presentation for the Nexus Conference on the Internet of Things and the Evolu...
Presentation for the Nexus Conference on the Internet of Things and the Evolu...Lora Cecere
 
The 10 most recommended supply chain solution providers.
The 10 most recommended supply chain solution providers.The 10 most recommended supply chain solution providers.
The 10 most recommended supply chain solution providers.Merry D'souza
 
Digital Bridge: Exploring Digital Landscapes in Packaging to Develop Interdis...
Digital Bridge: Exploring Digital Landscapes in Packaging to Develop Interdis...Digital Bridge: Exploring Digital Landscapes in Packaging to Develop Interdis...
Digital Bridge: Exploring Digital Landscapes in Packaging to Develop Interdis...Marketing Network marcus evans
 
COCPA - The Anticipatory Individual and Organization
COCPA - The Anticipatory Individual and OrganizationCOCPA - The Anticipatory Individual and Organization
COCPA - The Anticipatory Individual and OrganizationTom Hood, CPA,CITP,CGMA
 
Digital Darwinism and Digital Dinosaurs
Digital Darwinism and Digital DinosaursDigital Darwinism and Digital Dinosaurs
Digital Darwinism and Digital DinosaursHamill Associates Ltd
 
Digital Transformation - Sydney 08/11/13
Digital Transformation - Sydney 08/11/13Digital Transformation - Sydney 08/11/13
Digital Transformation - Sydney 08/11/13Precedent
 
Brilliant Digital Talk : Demystifying Digital Disruption
Brilliant Digital Talk : Demystifying Digital DisruptionBrilliant Digital Talk : Demystifying Digital Disruption
Brilliant Digital Talk : Demystifying Digital DisruptionVeltica Digital Academy
 
TechEvent Digital Business Transformation Journey-a_pragmaticapproach
TechEvent Digital Business Transformation Journey-a_pragmaticapproachTechEvent Digital Business Transformation Journey-a_pragmaticapproach
TechEvent Digital Business Transformation Journey-a_pragmaticapproachTrivadis
 
Digital marketing & new media.ver3
Digital marketing & new media.ver3Digital marketing & new media.ver3
Digital marketing & new media.ver3JamSantos
 

Similar to Supply Chain Webinar: Humble Beginnings, Troubled Present, Amazing Future (20)

Wearables Tech Con_ModusLink_Final
Wearables Tech Con_ModusLink_FinalWearables Tech Con_ModusLink_Final
Wearables Tech Con_ModusLink_Final
 
Retail2020 - Forecast for the future of Retail
Retail2020 - Forecast for the future of RetailRetail2020 - Forecast for the future of Retail
Retail2020 - Forecast for the future of Retail
 
Global Risks & Challenges in Logistics: Simple ways to succeed in a complex w...
Global Risks & Challenges in Logistics: Simple ways to succeed in a complex w...Global Risks & Challenges in Logistics: Simple ways to succeed in a complex w...
Global Risks & Challenges in Logistics: Simple ways to succeed in a complex w...
 
The 10 most innovative scm solution providers 2018
The 10 most innovative scm solution providers 2018The 10 most innovative scm solution providers 2018
The 10 most innovative scm solution providers 2018
 
Trends in Supply Chain: The Beyond Belief Impacts of VUCA on Supply Chains an...
Trends in Supply Chain: The Beyond Belief Impacts of VUCA on Supply Chains an...Trends in Supply Chain: The Beyond Belief Impacts of VUCA on Supply Chains an...
Trends in Supply Chain: The Beyond Belief Impacts of VUCA on Supply Chains an...
 
INNOVATION FOR REAL
INNOVATION FOR REALINNOVATION FOR REAL
INNOVATION FOR REAL
 
The Perfect Storm
The Perfect StormThe Perfect Storm
The Perfect Storm
 
Presentation for the Nexus Conference on the Internet of Things and the Evolu...
Presentation for the Nexus Conference on the Internet of Things and the Evolu...Presentation for the Nexus Conference on the Internet of Things and the Evolu...
Presentation for the Nexus Conference on the Internet of Things and the Evolu...
 
The 10 most recommended supply chain solution providers.
The 10 most recommended supply chain solution providers.The 10 most recommended supply chain solution providers.
The 10 most recommended supply chain solution providers.
 
Sgcp14beart2
Sgcp14beart2Sgcp14beart2
Sgcp14beart2
 
Digital Bridge: Exploring Digital Landscapes in Packaging to Develop Interdis...
Digital Bridge: Exploring Digital Landscapes in Packaging to Develop Interdis...Digital Bridge: Exploring Digital Landscapes in Packaging to Develop Interdis...
Digital Bridge: Exploring Digital Landscapes in Packaging to Develop Interdis...
 
COCPA - The Anticipatory Individual and Organization
COCPA - The Anticipatory Individual and OrganizationCOCPA - The Anticipatory Individual and Organization
COCPA - The Anticipatory Individual and Organization
 
The Future Ready CPA Firm
The Future Ready CPA FirmThe Future Ready CPA Firm
The Future Ready CPA Firm
 
Digital Darwinism and Digital Dinosaurs
Digital Darwinism and Digital DinosaursDigital Darwinism and Digital Dinosaurs
Digital Darwinism and Digital Dinosaurs
 
Supply Chain or Supply Change ?
Supply Chain or Supply Change ?Supply Chain or Supply Change ?
Supply Chain or Supply Change ?
 
Digital Transformation - Sydney 08/11/13
Digital Transformation - Sydney 08/11/13Digital Transformation - Sydney 08/11/13
Digital Transformation - Sydney 08/11/13
 
Brilliant Digital Talk : Demystifying Digital Disruption
Brilliant Digital Talk : Demystifying Digital DisruptionBrilliant Digital Talk : Demystifying Digital Disruption
Brilliant Digital Talk : Demystifying Digital Disruption
 
TechEvent Digital Business Transformation Journey-a_pragmaticapproach
TechEvent Digital Business Transformation Journey-a_pragmaticapproachTechEvent Digital Business Transformation Journey-a_pragmaticapproach
TechEvent Digital Business Transformation Journey-a_pragmaticapproach
 
Lec 09
Lec 09Lec 09
Lec 09
 
Digital marketing & new media.ver3
Digital marketing & new media.ver3Digital marketing & new media.ver3
Digital marketing & new media.ver3
 

More from Aggregage

Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingAggregage
 
Planning your Restaurant's Path to Profitability
Planning your Restaurant's Path to ProfitabilityPlanning your Restaurant's Path to Profitability
Planning your Restaurant's Path to ProfitabilityAggregage
 
The Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance CultureThe Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance CultureAggregage
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
 
The Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
The Retention Ripple Effect: Nonprofit Staff and Donor DynamicsThe Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
The Retention Ripple Effect: Nonprofit Staff and Donor DynamicsAggregage
 
Breaking the Burnout Cycle: Empowering Managers for Excellence
Breaking the Burnout Cycle: Empowering Managers for ExcellenceBreaking the Burnout Cycle: Empowering Managers for Excellence
Breaking the Burnout Cycle: Empowering Managers for ExcellenceAggregage
 
Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
Strategic CX: A Deep Dive into Voice of the Customer Insights for ClarityStrategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
Strategic CX: A Deep Dive into Voice of the Customer Insights for ClarityAggregage
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...Aggregage
 
How to Build an Experimentation Culture for Data-Driven Product Development
How to Build an Experimentation Culture for Data-Driven Product DevelopmentHow to Build an Experimentation Culture for Data-Driven Product Development
How to Build an Experimentation Culture for Data-Driven Product DevelopmentAggregage
 
Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
Bridging the Gap: The Intersection of DEI Initiatives and Employee BenefitsBridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
Bridging the Gap: The Intersection of DEI Initiatives and Employee BenefitsAggregage
 
Mapping Digital Transformation: Retail’s Strategic Shift
Mapping Digital Transformation: Retail’s Strategic ShiftMapping Digital Transformation: Retail’s Strategic Shift
Mapping Digital Transformation: Retail’s Strategic ShiftAggregage
 
AI & DEI: With Great Opportunities Comes Great HR Responsibility
AI & DEI: With Great Opportunities Comes Great HR ResponsibilityAI & DEI: With Great Opportunities Comes Great HR Responsibility
AI & DEI: With Great Opportunities Comes Great HR ResponsibilityAggregage
 
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?Aggregage
 
How Personalized Customer Experiences Drive Retail Growth and Revenue
How Personalized Customer Experiences Drive Retail Growth and RevenueHow Personalized Customer Experiences Drive Retail Growth and Revenue
How Personalized Customer Experiences Drive Retail Growth and RevenueAggregage
 
Your Expert Guide to CX Orchestration & Enhancing Customer Journeys
Your Expert Guide to CX Orchestration & Enhancing Customer JourneysYour Expert Guide to CX Orchestration & Enhancing Customer Journeys
Your Expert Guide to CX Orchestration & Enhancing Customer JourneysAggregage
 
The Resurgence of Direct Mail as a Growth Marketing Strategy
The Resurgence of Direct Mail as a Growth Marketing StrategyThe Resurgence of Direct Mail as a Growth Marketing Strategy
The Resurgence of Direct Mail as a Growth Marketing StrategyAggregage
 
Top 5 Ways to Optimize Your Loyalty Strategy
Top 5 Ways to Optimize Your Loyalty StrategyTop 5 Ways to Optimize Your Loyalty Strategy
Top 5 Ways to Optimize Your Loyalty StrategyAggregage
 
HR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
HR Pro Playbook: How to Navigate Global Workforce Expansion with ConfidenceHR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
HR Pro Playbook: How to Navigate Global Workforce Expansion with ConfidenceAggregage
 

More from Aggregage (20)

Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of Reporting
 
Planning your Restaurant's Path to Profitability
Planning your Restaurant's Path to ProfitabilityPlanning your Restaurant's Path to Profitability
Planning your Restaurant's Path to Profitability
 
The Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance CultureThe Engagement Engine: Strategies for Building a High-Performance Culture
The Engagement Engine: Strategies for Building a High-Performance Culture
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
 
The Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
The Retention Ripple Effect: Nonprofit Staff and Donor DynamicsThe Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
The Retention Ripple Effect: Nonprofit Staff and Donor Dynamics
 
Breaking the Burnout Cycle: Empowering Managers for Excellence
Breaking the Burnout Cycle: Empowering Managers for ExcellenceBreaking the Burnout Cycle: Empowering Managers for Excellence
Breaking the Burnout Cycle: Empowering Managers for Excellence
 
Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
Strategic CX: A Deep Dive into Voice of the Customer Insights for ClarityStrategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
 
How to Build an Experimentation Culture for Data-Driven Product Development
How to Build an Experimentation Culture for Data-Driven Product DevelopmentHow to Build an Experimentation Culture for Data-Driven Product Development
How to Build an Experimentation Culture for Data-Driven Product Development
 
Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
Bridging the Gap: The Intersection of DEI Initiatives and Employee BenefitsBridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits
 
Mapping Digital Transformation: Retail’s Strategic Shift
Mapping Digital Transformation: Retail’s Strategic ShiftMapping Digital Transformation: Retail’s Strategic Shift
Mapping Digital Transformation: Retail’s Strategic Shift
 
AI & DEI: With Great Opportunities Comes Great HR Responsibility
AI & DEI: With Great Opportunities Comes Great HR ResponsibilityAI & DEI: With Great Opportunities Comes Great HR Responsibility
AI & DEI: With Great Opportunities Comes Great HR Responsibility
 
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
Can Brain Science Actually Help Make Your Training & Teaching "Stick"?
 
How Personalized Customer Experiences Drive Retail Growth and Revenue
How Personalized Customer Experiences Drive Retail Growth and RevenueHow Personalized Customer Experiences Drive Retail Growth and Revenue
How Personalized Customer Experiences Drive Retail Growth and Revenue
 
Your Expert Guide to CX Orchestration & Enhancing Customer Journeys
Your Expert Guide to CX Orchestration & Enhancing Customer JourneysYour Expert Guide to CX Orchestration & Enhancing Customer Journeys
Your Expert Guide to CX Orchestration & Enhancing Customer Journeys
 
The Resurgence of Direct Mail as a Growth Marketing Strategy
The Resurgence of Direct Mail as a Growth Marketing StrategyThe Resurgence of Direct Mail as a Growth Marketing Strategy
The Resurgence of Direct Mail as a Growth Marketing Strategy
 
Top 5 Ways to Optimize Your Loyalty Strategy
Top 5 Ways to Optimize Your Loyalty StrategyTop 5 Ways to Optimize Your Loyalty Strategy
Top 5 Ways to Optimize Your Loyalty Strategy
 
HR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
HR Pro Playbook: How to Navigate Global Workforce Expansion with ConfidenceHR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
HR Pro Playbook: How to Navigate Global Workforce Expansion with Confidence
 

Recently uploaded

From idea to production in a day – Leveraging Azure ML and Streamlit to build...
From idea to production in a day – Leveraging Azure ML and Streamlit to build...From idea to production in a day – Leveraging Azure ML and Streamlit to build...
From idea to production in a day – Leveraging Azure ML and Streamlit to build...Florian Roscheck
 
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...dajasot375
 
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...Jack DiGiovanna
 
Predictive Analysis - Using Insight-informed Data to Determine Factors Drivin...
Predictive Analysis - Using Insight-informed Data to Determine Factors Drivin...Predictive Analysis - Using Insight-informed Data to Determine Factors Drivin...
Predictive Analysis - Using Insight-informed Data to Determine Factors Drivin...ThinkInnovation
 
VIP High Class Call Girls Jamshedpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Jamshedpur Anushka 8250192130 Independent Escort Se...VIP High Class Call Girls Jamshedpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Jamshedpur Anushka 8250192130 Independent Escort Se...Suhani Kapoor
 
EMERCE - 2024 - AMSTERDAM - CROSS-PLATFORM TRACKING WITH GOOGLE ANALYTICS.pptx
EMERCE - 2024 - AMSTERDAM - CROSS-PLATFORM  TRACKING WITH GOOGLE ANALYTICS.pptxEMERCE - 2024 - AMSTERDAM - CROSS-PLATFORM  TRACKING WITH GOOGLE ANALYTICS.pptx
EMERCE - 2024 - AMSTERDAM - CROSS-PLATFORM TRACKING WITH GOOGLE ANALYTICS.pptxthyngster
 
Data Science Jobs and Salaries Analysis.pptx
Data Science Jobs and Salaries Analysis.pptxData Science Jobs and Salaries Analysis.pptx
Data Science Jobs and Salaries Analysis.pptxFurkanTasci3
 
Effects of Smartphone Addiction on the Academic Performances of Grades 9 to 1...
Effects of Smartphone Addiction on the Academic Performances of Grades 9 to 1...Effects of Smartphone Addiction on the Academic Performances of Grades 9 to 1...
Effects of Smartphone Addiction on the Academic Performances of Grades 9 to 1...limedy534
 
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.pptdokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.pptSonatrach
 
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一F La
 
ASML's Taxonomy Adventure by Daniel Canter
ASML's Taxonomy Adventure by Daniel CanterASML's Taxonomy Adventure by Daniel Canter
ASML's Taxonomy Adventure by Daniel Cantervoginip
 
High Class Call Girls Noida Sector 39 Aarushi 🔝8264348440🔝 Independent Escort...
High Class Call Girls Noida Sector 39 Aarushi 🔝8264348440🔝 Independent Escort...High Class Call Girls Noida Sector 39 Aarushi 🔝8264348440🔝 Independent Escort...
High Class Call Girls Noida Sector 39 Aarushi 🔝8264348440🔝 Independent Escort...soniya singh
 
PKS-TGC-1084-630 - Stage 1 Proposal.pptx
PKS-TGC-1084-630 - Stage 1 Proposal.pptxPKS-TGC-1084-630 - Stage 1 Proposal.pptx
PKS-TGC-1084-630 - Stage 1 Proposal.pptxPramod Kumar Srivastava
 
Dubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls DubaiDubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls Dubaihf8803863
 
VIP Call Girls Service Miyapur Hyderabad Call +91-8250192130
VIP Call Girls Service Miyapur Hyderabad Call +91-8250192130VIP Call Girls Service Miyapur Hyderabad Call +91-8250192130
VIP Call Girls Service Miyapur Hyderabad Call +91-8250192130Suhani Kapoor
 
How we prevented account sharing with MFA
How we prevented account sharing with MFAHow we prevented account sharing with MFA
How we prevented account sharing with MFAAndrei Kaleshka
 
Consent & Privacy Signals on Google *Pixels* - MeasureCamp Amsterdam 2024
Consent & Privacy Signals on Google *Pixels* - MeasureCamp Amsterdam 2024Consent & Privacy Signals on Google *Pixels* - MeasureCamp Amsterdam 2024
Consent & Privacy Signals on Google *Pixels* - MeasureCamp Amsterdam 2024thyngster
 
Call Girls In Mahipalpur O9654467111 Escorts Service
Call Girls In Mahipalpur O9654467111  Escorts ServiceCall Girls In Mahipalpur O9654467111  Escorts Service
Call Girls In Mahipalpur O9654467111 Escorts ServiceSapana Sha
 
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改yuu sss
 

Recently uploaded (20)

From idea to production in a day – Leveraging Azure ML and Streamlit to build...
From idea to production in a day – Leveraging Azure ML and Streamlit to build...From idea to production in a day – Leveraging Azure ML and Streamlit to build...
From idea to production in a day – Leveraging Azure ML and Streamlit to build...
 
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
Indian Call Girls in Abu Dhabi O5286O24O8 Call Girls in Abu Dhabi By Independ...
 
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
Building on a FAIRly Strong Foundation to Connect Academic Research to Transl...
 
Predictive Analysis - Using Insight-informed Data to Determine Factors Drivin...
Predictive Analysis - Using Insight-informed Data to Determine Factors Drivin...Predictive Analysis - Using Insight-informed Data to Determine Factors Drivin...
Predictive Analysis - Using Insight-informed Data to Determine Factors Drivin...
 
VIP High Class Call Girls Jamshedpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Jamshedpur Anushka 8250192130 Independent Escort Se...VIP High Class Call Girls Jamshedpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Jamshedpur Anushka 8250192130 Independent Escort Se...
 
EMERCE - 2024 - AMSTERDAM - CROSS-PLATFORM TRACKING WITH GOOGLE ANALYTICS.pptx
EMERCE - 2024 - AMSTERDAM - CROSS-PLATFORM  TRACKING WITH GOOGLE ANALYTICS.pptxEMERCE - 2024 - AMSTERDAM - CROSS-PLATFORM  TRACKING WITH GOOGLE ANALYTICS.pptx
EMERCE - 2024 - AMSTERDAM - CROSS-PLATFORM TRACKING WITH GOOGLE ANALYTICS.pptx
 
Data Science Jobs and Salaries Analysis.pptx
Data Science Jobs and Salaries Analysis.pptxData Science Jobs and Salaries Analysis.pptx
Data Science Jobs and Salaries Analysis.pptx
 
Effects of Smartphone Addiction on the Academic Performances of Grades 9 to 1...
Effects of Smartphone Addiction on the Academic Performances of Grades 9 to 1...Effects of Smartphone Addiction on the Academic Performances of Grades 9 to 1...
Effects of Smartphone Addiction on the Academic Performances of Grades 9 to 1...
 
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.pptdokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
dokumen.tips_chapter-4-transient-heat-conduction-mehmet-kanoglu.ppt
 
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
办理(Vancouver毕业证书)加拿大温哥华岛大学毕业证成绩单原版一比一
 
ASML's Taxonomy Adventure by Daniel Canter
ASML's Taxonomy Adventure by Daniel CanterASML's Taxonomy Adventure by Daniel Canter
ASML's Taxonomy Adventure by Daniel Canter
 
High Class Call Girls Noida Sector 39 Aarushi 🔝8264348440🔝 Independent Escort...
High Class Call Girls Noida Sector 39 Aarushi 🔝8264348440🔝 Independent Escort...High Class Call Girls Noida Sector 39 Aarushi 🔝8264348440🔝 Independent Escort...
High Class Call Girls Noida Sector 39 Aarushi 🔝8264348440🔝 Independent Escort...
 
PKS-TGC-1084-630 - Stage 1 Proposal.pptx
PKS-TGC-1084-630 - Stage 1 Proposal.pptxPKS-TGC-1084-630 - Stage 1 Proposal.pptx
PKS-TGC-1084-630 - Stage 1 Proposal.pptx
 
Dubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls DubaiDubai Call Girls Wifey O52&786472 Call Girls Dubai
Dubai Call Girls Wifey O52&786472 Call Girls Dubai
 
VIP Call Girls Service Miyapur Hyderabad Call +91-8250192130
VIP Call Girls Service Miyapur Hyderabad Call +91-8250192130VIP Call Girls Service Miyapur Hyderabad Call +91-8250192130
VIP Call Girls Service Miyapur Hyderabad Call +91-8250192130
 
How we prevented account sharing with MFA
How we prevented account sharing with MFAHow we prevented account sharing with MFA
How we prevented account sharing with MFA
 
Consent & Privacy Signals on Google *Pixels* - MeasureCamp Amsterdam 2024
Consent & Privacy Signals on Google *Pixels* - MeasureCamp Amsterdam 2024Consent & Privacy Signals on Google *Pixels* - MeasureCamp Amsterdam 2024
Consent & Privacy Signals on Google *Pixels* - MeasureCamp Amsterdam 2024
 
E-Commerce Order PredictionShraddha Kamble.pptx
E-Commerce Order PredictionShraddha Kamble.pptxE-Commerce Order PredictionShraddha Kamble.pptx
E-Commerce Order PredictionShraddha Kamble.pptx
 
Call Girls In Mahipalpur O9654467111 Escorts Service
Call Girls In Mahipalpur O9654467111  Escorts ServiceCall Girls In Mahipalpur O9654467111  Escorts Service
Call Girls In Mahipalpur O9654467111 Escorts Service
 
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
专业一比一美国俄亥俄大学毕业证成绩单pdf电子版制作修改
 

Supply Chain Webinar: Humble Beginnings, Troubled Present, Amazing Future

  • 1. Tara Dwyer Webinar Coordinator, Supply Chain Brief with James A. Tompkins, Ph.D. The Supply Chain & Logistics Journey: Humble Beginnings, Troubled Present, Amazing Future Wednesday, September 14th, 2022 12:30pm PDT, 3:30pm EDT, 8:30pm BST Founder, Tompkins Ventures, Co-Founder, Tompkins Leadership Jim Tompkins, Ph.D. Tompkins Ventures, Tompkins Leadership
  • 2. Avetta provides a cloud-based supply chain risk management and commercial marketplace platform. Our global solution is uniquely designed to connect the world’s leading organizations with qualified suppliers, driving sustainable growth. We build trustworthy bonds through responsive technology and human insight. Our process is collaborative. Our global reach is complemented by our local expertise. Hundreds of global organizations depend on Avetta to align their supply chains to sustainable business practices, worldwide. Discover more at avetta.com.
  • 3. TO USE YOUR TELEPHONE: You must select "Use Telephone" after joining and call in using the numbers below. United States: +1 (631) 992-3221 Access Code: 300-283-948 Audio PIN: Shown after joining the webinar TO USE YOUR COMPUTER'S AUDIO: When the webinar begins, you will be connected to audio using your computer's microphone and speakers (VoIP). A headset is recommended. Click on the Questions panel to interact with the presenters or
  • 4. The Supply Chain & Logistics Journey: Humble Beginnings, Troubled Present, Amazing Future Jim Tompkins, Ph.D. Chairman & Founder, Tompkins Ventures Chairman & Co-Founder, Tompkins Leadership
  • 5. Humble Beginnings • Logistics: o Pre-1970: Military term, not used by industry o 1981-1990: Term covered inbound and outbound warehousing and outbound transportation. o 1981-1990: Term encapsulated inbound and outbound warehouse transportation. o 1991-2005: Logistics was a necessary evil, not a success factor. o 2006-2020: Leadership saw logistics, particularly transportation, as a significant cost that required internal expertise or outsourced competencies. 5
  • 6. Humble Beginnings • Supply Chain: o 1991-2005: Leadership viewed supply chain as an ever-increasing coast. Goal was reducing cost. o 2006-2020: A growing awareness that supply chain not only involved costs but involved customer experience. The customer-centric supply chain could reduce costs and increase revenue. 6
  • 7. Troubled Present • Logistics: 2020-present: COVID-19 Disruption skyrocketed transportation costs way beyond budgets. Chaos reigned. • Supply Chain: o March-May 2020: The “man on the street” discovered supply chain, which went from an unknown field to a critical requirement for business success. Supply chain had respect. o June 2020-present: Product shortages, inventory levels and costs were out of control. Leaders started calling for resilience. 7
  • 8. Amazing Future • The Troubled Present begets the necessity of businesses to rethink their approach to Logistics and Supply Chain. • It must be understood that Disruption is the new normal. • The future will depart from the past, not continue it. • Disruption often leads to Tipping Points that lead to Paradigm Shifts. • Paradigm Shifts require new leadership philosophy. • The required new leadership philosophy is Insightful Leadership. 8
  • 9. Insight, Foresight and Insightful Leadership: The Surfing Analogy • GET IN THE WATER WITH YOUR SURFBOARD. • FORESIGHT: Ability to predict which wave will be the right one to ride • INSIGHT: Understanding how the wave will break and how to innovate to maximize the success of your ride • INSIGHTFUL LEADERSHIP: Action to get in front of the wave and harness the power of the wave • PADDLE BACK OUT WITH GREATER FORESIGHT. This Photo by Unknown Author is licensed under CC BY-SA 9
  • 10. 3-Step Process of Insightful Leadership • Step 0: Have deep experience that begets foresight • Step 1: Gaining insights • Step 2: Harnessing the power of insights • Step 3: Creating success from Insightful Leadership 10
  • 11. What Can You Gain Through Insightful Leadership • Which Disruption(s) will crest into a Tipping Point, leading to a Paradigm Shift • Perpetual Disruption means perpetual opportunity. • Innovations - the actions required to take advantage of these endless opportunities • Optionality: o Preparing for the next disruption o Replaces optimality 11
  • 12. Disruptions- Tipping Points- Paradigm Shifts of the Last 32 Months Disruptions Tipping Points Paradigm Shifts COVID-19 Lockdowns How we work and live Digital Innovation eCommerce explosion How we buy goods/services Global connectivity Broken supply chains Need for resilient supply chains 12
  • 13. Amazing Future: Paradigm Shift On How We Work and Live 13 • I quit • Work from home • Work/life balance • Culture • Major leadership challenges
  • 14. Amazing Future: Paradigm Shift for eCommerce Explosion 14 • Distributed logistics o Forward-deploys inventory closer to customers o Smaller fulfillment centers near population centers, fed by larger distribution centers in rural areas o Includes Micro fulfillment centers o Automation due to labor shortages • Final mile challenges
  • 15. Amazing Future: Paradigm Shift for Resilient Supply Chains 15 Digital Supply Networks • End-to-End • Planning/Execution • Eliminate latency with real-time information • Single version of the truth • Use artificial intelligence and machine learning • Autonomously resolve many problems
  • 16. The Russian Invasion of Ukraine: An Example 16 • Need foresight and insight • Foresight: Who will win? o How am I able to have an opinion? Because I believe winning companies, universities, countries, etc. have a lot in common. o I believe winners are defined by their capabilities around (in alphabetical order): • Capital • Facilities • Leadership • Logistics • Technology This Photo by Unknown Author is licensed under CC BY-NC-ND
  • 17. The Russian Invasion of Ukraine: An Example 17 TOPIC RUSSIA WINS UKRAINE WINS Capital X Facilities X Leadership X Logistics X Technology X • Foresight: Who will win? This Photo by Unknown Author is licensed under CC BY-ND
  • 18. The Russian Invasion of Ukraine: An Example 18 • Insight: Major implications across many mega-topics. o The future of Russia, Russian allies, Eastern Europe, NATO, Taiwan/China. For others to decide. o Fertilizer & global food crisis, energy, metals & inflation. For others to decide. o Supply chain • Sourcing to friendly nations, sourcing closer to home & reshoring essential products/materials • Ongoing growth of digitization, AI/ML and smart solutions • Increased acceptance of digital supply networks and network collaboration • Increased utilization of automation, robotics and drones • Increased research, development and entrepreneurship across industries
  • 19. The Russian Invasion of Ukraine: An Example 19 • Leadership: Increased emphasis on: o Culture, meaningful work, recognition & retention o Employee growth, adult learning, mentoring & coaching o Teamwork, collaboration & communications o Career/personal balance, hybrid work & flexible work o Innovation, entrepreneurship & technology o Embracing diversity & focus on inclusiveness o Wellness & mental health o Insightful leadership
  • 20. Path Forward: Embrace Insightful Leadership 20 Innovation Entrepreneurship Disruptions,Tipping Points, Paradigm Shifts! Too Risky! Too Different! Foresight Insight Trial,Error,Refinement Validation Paradigm Shift Begets Success ESTABLISHED FIRM RiskAverse Disruptions,Tipping Points, Paradigm Shifts! Foresight Professional Management The Innovation Cycle IS: Profitable Growth and Value Creation Resistance to Change
  • 21. Path Forward: Embrace Insightful Leadership 21 • Get off the couch. • 2022 is not 2019. • Yesterday’s solution is not today’s solution. • Disruptions are coming, Tipping Points are coming, and Paradigm Shifts are coming. • Kelly Slater, the youngest and oldest to win the Super Bowl of surfing says: “Get rid of the fear, understand what the wave is going to do and become a part of it.” • Grab your surfboard, get in the water and Go! Go! Go!
  • 22. In Conclusion 22 • Humble Beginnings: Logistics & Supply Chain: Not important and not contributing to competitive advantage. • Troubled Present: Logistics & Supply Chain: Not working, major challenge for most organizations and need reinvention. • Amazing Future: Logistics & Supply Chain: Huge opportunity to reinvent and make transformational contributions to organizational success. o New leadership paradigms o New dynamic operating requirements paradigms o New resilience and technology paradigms
  • 23. Contact Jim Tompkins jtompkins@tompkinsventures.com Jim Tompkins | LinkedIn www.tompkinsventures.com www.tompkinsleadership.com 23