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Supply Chain or Supply Change ?
- 1. Key takeaways from the
Gartner Supply Chain Executive Conference 2017
Supply Chain or
Supply Change?
- 2. ©Copyright SymphonyEYC. All rights reserved | Page 2©Copyright SymphonyEYC. All rights reserved | Page 2
Major
Challenges
Disruption Future of
Innovation
Talent
Retention &
Acquisition
Future of
Supply Chain
• Change is happening at a record pace. The time to act is now. Extend your company vision to the consumer.
• Leaders must engage to build a better future and expand their vision to architect a foundation for the future supply chain.
• The future foundation is a digital ecosystem enabling customer interaction and APIs, tying together disruptive technologies.
Key takeaways observed at Gartner’s event this year:
- 3. ©Copyright SymphonyEYC. All rights reserved | Page 3
• Limited workforce.
• 76% say digital projects are not aligned.
• Companies held back by old ways of thinking and need
to be open to change.
• Need vision and executive voice. 40% of CEOs still
view supply chain as a cost center.
• Are you close enough to customers? Leaders are!
Major Challenges
- 4. ©Copyright SymphonyEYC. All rights reserved | Page 4
• Chaos is the new norm.
• Human ability to keep pace is dwindling.
• Artificial Intelligence (AI) is all around us. Most clients
are ready for AI, but do we trust the data?
• New entrants: sensor-based retail, dash buttons,
robots, drones, a connected home.
• A shifting workforce.
Disruption
- 5. ©Copyright SymphonyEYC. All rights reserved | Page 5
• Speed of innovating is key to survival.
• Processes for introducing innovation need to be
deliberate.
• Innovation must be tied to business strategy and the
direction of where business is headed.
• Biggest driver for innovation is under direct
management control.
• Experimentation is an important part of building
innovation.
Future of Innovation
- 6. ©Copyright SymphonyEYC. All rights reserved | Page 6
• Fewer workers; workforce impacted by robots.
• “Uberization” of talent - working for a network vs. a
company.
• “Talent on tap.”
• Corporate Social Responsibility.
• Expanded concept of career path – a web of
experiences.
• Targeted skills – learning by doing vs. through training.
• Cultural shift to enable the “Beginner’s Mind” concept.
Talent:
Retention & Acquisition
- 7. ©Copyright SymphonyEYC. All rights reserved | Page 7
• By 2020, we’ll have dedicated people employed to
support “neural networks.”
• An algorithmic supply chain.
• An intelligent, self-adapting organism, with little to no
human intervention, will autonomously reconfigure the
network to adapt at the speed of digital. Data, suppliers,
customers, machines.
• Augmented Reality will be the biggest business for the
supply chain.
• Our movements will be tracked and traced and
massively amplified.
Future of Supply Chain
- 8. ©Copyright SymphonyEYC. All rights reserved | Page 8©Copyright SymphonyEYC. All rights reserved | Page 8
Want to learn more?
Meet the
author
Read the full blog by Patty McDonald, Global Solution Marketing
Director, for a more detailed look into the future of supply chain.
Read blog
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Xcelerate
Join us this year in Las Vegas and Paris to hear from supply chain
experts from Southeastern Grocers, Smart & Final, REMA 1000,
Supply Chain Insights and more.
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