This presentation provides an overview of how global supply chains, particularly across the manufacturing sector have been impacted by disruptions over the years. From Earthquakes, flooding and limited export of rare earth materials from China, companies are having to redesign their supply chains and B2B infrastructures to build extra resilience against future disruption. Updated May 2014
Preventing and Managing Supply Chain DisruptionsThomas Tanel
Supply chains worldwide have been battling various risks and challenges for some time. Each challenge not only threatens to disrupt operations, but also may have a negative financial impact on business performance and prevent an organization from meeting the demands from stakeholders, customers, shareholders, and regulators.
Supply Chain Council members have reported that less than half of enterprises have established metrics and procedures for assessing and managing supply risks and organizations lack sufficient market intelligence, process, and information systems to effectively predict and mitigate supply chain risks. Does this sound like your organization?
f so, supply chain disruptions can be extremely costly. A disruption in your supply chain can cost millions of dollars in lost time, energy and resources. Their effects are both direct (e.g. halting production altogether) and indirect (e.g. on stock values). Taking steps to help reduce supply chain disruption is the only way to avoid these costs.
Proactive discovery and visibility of risks is the key to the prevention and management of supply chain disruptions.
Download our content ready supply chain management PowerPoint presentation to showcase the flow of goods and services to the management and client. This predesigned supply chain analysis PPT presentation comprises 77 slides. The Supply Chain Management presentation covers slide on various relevant subjects such as supply chain management process, SCM decision phases, strategic sourcing process, logistics, and it, planning and forecasting, inventory management, inventory management models, performance measures, and common problems with supply chain management. A team of the researcher has researched the content of the presentation, and top professional graphics designers have converted it into a stunning presentation. Use this SCM PowerPoint PPT to represent the process of design, planning, implementation, control, and monitoring of supply-chain tasks with the goal of preparing net value and constructing a competitive framework. Our presentation designers have used an appealing graphics of table, pie charts, bar graphs, circles, and icons to make this presentation professional and attention-grabbing. Grab this complete presentation on supply chain management and improve the relationship with customers. Throw a line with our Supply Chain Management Powerpoint Presentation Slides. Reel them in slowly to your point of view.
Preventing and Managing Supply Chain DisruptionsThomas Tanel
Supply chains worldwide have been battling various risks and challenges for some time. Each challenge not only threatens to disrupt operations, but also may have a negative financial impact on business performance and prevent an organization from meeting the demands from stakeholders, customers, shareholders, and regulators.
Supply Chain Council members have reported that less than half of enterprises have established metrics and procedures for assessing and managing supply risks and organizations lack sufficient market intelligence, process, and information systems to effectively predict and mitigate supply chain risks. Does this sound like your organization?
f so, supply chain disruptions can be extremely costly. A disruption in your supply chain can cost millions of dollars in lost time, energy and resources. Their effects are both direct (e.g. halting production altogether) and indirect (e.g. on stock values). Taking steps to help reduce supply chain disruption is the only way to avoid these costs.
Proactive discovery and visibility of risks is the key to the prevention and management of supply chain disruptions.
Download our content ready supply chain management PowerPoint presentation to showcase the flow of goods and services to the management and client. This predesigned supply chain analysis PPT presentation comprises 77 slides. The Supply Chain Management presentation covers slide on various relevant subjects such as supply chain management process, SCM decision phases, strategic sourcing process, logistics, and it, planning and forecasting, inventory management, inventory management models, performance measures, and common problems with supply chain management. A team of the researcher has researched the content of the presentation, and top professional graphics designers have converted it into a stunning presentation. Use this SCM PowerPoint PPT to represent the process of design, planning, implementation, control, and monitoring of supply-chain tasks with the goal of preparing net value and constructing a competitive framework. Our presentation designers have used an appealing graphics of table, pie charts, bar graphs, circles, and icons to make this presentation professional and attention-grabbing. Grab this complete presentation on supply chain management and improve the relationship with customers. Throw a line with our Supply Chain Management Powerpoint Presentation Slides. Reel them in slowly to your point of view.
Driving Supply Chain Improvements Using a Tailored Supply Chain StrategyLora Cecere
Presentation given at the 2016 Supply Chain Insights Global Summit - 7-9 SEP 2016 at The Phoenician in Scottsdale, AZ
Driving Supply Chain Improvements Using a Tailored Supply Chain Strategy
• Mourad Tamoud – SVP of Global Supply Chain – China , Schneider Electric
Being global requires a careful definition to drive improvement. For Schneider electric the journey started with the definition of supply chain models starting at the customer. In this presentation, Mourad Tamoud, SVP of Schneider Electric shares his insights on driving this journey in the emerging market of China.
To see the video go to http://supplychaininsightsglobalsummit.com/2016-summit-presentations/
Challenges. Two years and counting. Many issues. And we must recognize we are in a time of continuous supply chain disruption. What you should be doing today and going forward with your supply chain management and its logistics.
Essentials of Supply Chain Management, 4th Edition Lecture and Study SlidesMichael Hugos
Lecture slides and weekly quizzes for instructors and students using Essentials of Supply Chain Management, 4th Ed. PowerPoint version available, contact info@scmglobe.com.
Update on the progress of supply chain leaders on progress on the Supply Chain Effective Frontier (balancing growth, profitability, cycles and complexity). Philippe Lambotte, SVP of Merck, recommends a seat at the table, focus on supply chain strategy, eliminate the white noise, and stay the course.
Starting online education with the Ashmark Institute of Australia is convenient and easy. This presentation will guide you how to start you first unit and how to complete its various sections.
Driving Supply Chain Improvements Using a Tailored Supply Chain StrategyLora Cecere
Presentation given at the 2016 Supply Chain Insights Global Summit - 7-9 SEP 2016 at The Phoenician in Scottsdale, AZ
Driving Supply Chain Improvements Using a Tailored Supply Chain Strategy
• Mourad Tamoud – SVP of Global Supply Chain – China , Schneider Electric
Being global requires a careful definition to drive improvement. For Schneider electric the journey started with the definition of supply chain models starting at the customer. In this presentation, Mourad Tamoud, SVP of Schneider Electric shares his insights on driving this journey in the emerging market of China.
To see the video go to http://supplychaininsightsglobalsummit.com/2016-summit-presentations/
Challenges. Two years and counting. Many issues. And we must recognize we are in a time of continuous supply chain disruption. What you should be doing today and going forward with your supply chain management and its logistics.
Essentials of Supply Chain Management, 4th Edition Lecture and Study SlidesMichael Hugos
Lecture slides and weekly quizzes for instructors and students using Essentials of Supply Chain Management, 4th Ed. PowerPoint version available, contact info@scmglobe.com.
Update on the progress of supply chain leaders on progress on the Supply Chain Effective Frontier (balancing growth, profitability, cycles and complexity). Philippe Lambotte, SVP of Merck, recommends a seat at the table, focus on supply chain strategy, eliminate the white noise, and stay the course.
Starting online education with the Ashmark Institute of Australia is convenient and easy. This presentation will guide you how to start you first unit and how to complete its various sections.
This is the 2010 version of my lecture on Supply Chain Risk.
What is (supply chain) risk?
What are typical supply chain risks?
How to manage supply chain risks?
The lecture is meant to highlight some of the current literature on supply chain risk and to suggest further reading materials. You will not know everything there is to know about supply chain risk after the lecture, but you will know where to find it…I hope
Supply Chain, Interrupted: Safeguard Your Bottom Line from DisruptionSPS Commerce
The supply chain has always had a direct impact on business performance, and its influence on the bottom line is undeniable. Yet most companies fail to protect this incredibly important asset. Uncover six ways to bulletproof your supply chain from costly (and avoidable) disruptions.
Green Products and Supply Chain Disruption: Conflict Minerals in the Supply C...IHS
Join IHS and GreenBiz Group on this live webcast as they unveil the results of an exclusive survey that gauged awareness, sentiment, concern, and preparedness of the supply chain in response to conflict minerals traceability and accountability. They will share findings from the study and share practitioner insight.
Original event date: 1-20-11
Presentation från GRC 2014 den 15 maj. Kontakta gärna talaren om du har några frågor. Hela schemat för eventet hittar du här: http://www.transcendentgroup.com/sv/har-har-du-hela-schemat-for-grc-2014/
Enterprise World 2014 - Manufacturing Industry Breakout SessionMark Morley, MBA
This presentation discusses the latest digital disruption related trends across the manufacturing industry and how OpenText's Enterprise Information Management solutions can help manage this digital disruption in the future. This presentation formed the basis of the manufacturing industry keynote session at Enterprise World 2014 in Orlando.
Digital Disruption Across Tomorrow's Manufacturing Supply ChainsMark Morley, MBA
This presentation was delivered at the London and Mumbai stops of OpenText's 2015 Innovation Tour. The presentation was updated from the original set of slides that were created for Enterprise World in 2014.
Executive Forum: Driving the Digital Supply Chain AgendaTradeshift
Senior Executives are the driving force behind innovation, transformation, and growth.
In this forum thought leaders and like-minded experts will discuss why digitizing and connecting the supply chain is becoming a necessity. One that will likely determine the future success of many businesses and the role of procurement, finance and supply chain.
Digital ecosystems will be the next big wave of enterprise disruption. Traditional boundaries between industry verticals are fading. The result? Unexpected newcomers are creating market power shifts.
No Ordinary Disruption: The four forces breaking all the trendsMcKinsey & Company
Out with the old assumptions, in with McKinsey Global Institute's new book on the four disruptive forces reshaping the world, "No Ordinary Disruption": http://bit.ly/1bCznva
The four forces are
1. Urbanization
2. Accelerating technological change
3. Aging populations
4. Increasing global interconnection
What does it all mean? Our infographics tell part of the story. For more, read the book: http://amzn.to/1BKhWiq
How Cloud B2B Enables Michelin’s International OperationsMark Morley, MBA
This webinar was prepared with the help of Michelin and discusses how Cloud B2B integration helps to support Michelin’s international operations. The presentation discusses some of the trends across today's manufacturing industry before Michelin discusses how they manage international operations using B2B solutions from OpenText. Updated May 2014
Safeguarding the Supply Chain: How to Survive and Succeed during COVID-19SirionLabs
Watch this webinar to discover how enterprises are leveraging operational and technological innovation to effectively respond to the COVID 19 crisis and proactively thwart supply chain disruptions.
In the midst of the pandemic, a key priority for businesses is to keep their supply chain operational and reliable. Enterprises need to have clear visibility of their risk exposure across suppliers (especially the strategic ones), proactively monitor and fix delivery performance issues – especially for critical deliverables, plug leakages and minimize costs. Join this webinar featuring experts from IACCM, Vodafone, Roland Berger and SirionLabs to discover how enterprises are leveraging operational and technological innovation to effectively respond to the COVID 19 crisis and proactively thwart supply chain disruptions.
Innovation and the Internet of Things - Emeka Nwafor (Wind River Systems)IoT613
INNOVATION AND THE INTERNET OF THINGS
IoT is shaping up to be one of the most disruptive and transformative industrial technology events in history. Analysts predict that by 2020, the data coming from tens of billions of devices will drive trillions of dollars in to the economy from new business models that make cities smarter, factories more efficient, and improve society’s overall quality of life. In this session we will take a look at how operational analytics, security concerns, and the user experience are impacting innovation around the Internet of Things.
ABOUT EMEKA
Emeka is the Senior Director for Global Alliances at Wind River, an independent subsidiary of Intel Corp. Emeka is responsible for managing Wind River’s global ecosystem of software partners, aligning them with Wind River’s go-to-market strategy for the Internet of Things and the Wind Helix product portfolio. Emeka has over 20 years of experience developing complex embedded systems and developing tools to support the development of complex embedded systems. A graduate of McGill University, Emeka enjoys cycling, running, playing tennis, jazz, travel, good food, and cheering on his daughters during their soccer matches.
Utilities Transformation: Improving the Time to Value of TechnologyCapgemini
Achieving operational efficiency. Reducing costs and risks. Managing big data and cybersecurity. Deriving tangible business value via analytics. Enhancing customer experience.
This presentation reviews these mission-critical issues and the current state of technology innovation. Learn how the right combination of industry-specific applications, hardware, middleware, and partner relationships is key to your utility’s success.
Presented at Oracle OpenWorld 2014 by Perry Stoneman, Corporate Vice President, Capgemini.
1. Background on Supply Chain and Supply Chain Continuity
2. Supply Chain Continuity in the Retail Sector
3. Supply Chain Continuity in the Banking Sector
Presenter: NIL Madhab
Global Customer Manager, DHL Customer Solutions & Innovation
Resilient Supply Chains in Logistics and Other Industries
The 3rd India Business & IT Resilience Summit (27th - 28th May 2015). Marriott Courtyard, Mumbai, India
Turning potential supply chain disruption to competitive advantage.
From Data Centers to Cloud Services, Inside the Backbone of a New Economy - C...Clipperton Finance
Clipperton Finance, a leading European corporate finance boutique serving the technology and media industries, has released a Research Paper covering the evolution and current trends of the Data Management market.
The essentially virtual “New Economy”, is in fact inherently tied to the very physical world of traditional Data Center and Telecom networks. In this era of online advancement, these physical networks are placed under unprecedented new demands through the proliferation of online rich media and cloud computing leading to an explosion in storage capacity and networking needs. In turn, the virtual data underworld is undergoing a true revolution.
One consequence is remarkable: as the cost and complexity of managing Data Centers increases exponentially, this function is more and more outsourced by the large companies that previously managed their own infrastructure on-site.
This paper focuses on this Outsourced Data Center market and demonstrates how this particular value chain is maturing and organising itself:
· Upstream: a new category of players have rapidly emerged – the Wholesalers.
· Downstream: Hosting offerings are experiencing significant commoditizing pressure and need to act fast.
· In the middle: the “Colocators” need to find there position in this newly organized ecosystem.
Today this value chain is dominated by large US companies, but significant European exceptions exist: OVH in France, Telecity in the UK, 1&1 in Germany.
The paper also features European players that we deem “ones to watch”.
Ecosummit is the smart green business network and conference connecting startups, VCs and corporates to accelerate smart green innovation. Ecosummit London 2014 is our 8th conference and happens on 7-8 October 2014 at the Crystal, Siemens’ urban sustainability HQ in the Docklands.
Removing Conflict Minerals from Global Supply ChainsMark Morley, MBA
This presentation provides an introduction to the Dodd Frank Conflict Minerals Law and how it is likely to impact global supply chains. The law was introduced to help remove conflict minerals from global supply chains and to adhere to this law companies will need to assess their supply chains before they can submit their SEC filings. This presentation highlights how OpenText Active Community can be used as part of this assessment process.
Bt idc event cloud adoption in irelandFiona Sexton
Where are cloud services in Ireland today? Based on ‘Cloud Services Report in Ireland 2014’ this presentation will examine the current preferences for cloud infrastructure services in Ireland and the reasons underpinning these preferences. In addition this presentation will look at why and how the cloud model is set to develop over the next 18 months. It will encompass its opportunities, threats and challenges:
How and why Irish organisations view private verses public cloud services, and how these solutions are evolving.
Management of the cloud infrastructure (network, compute and storage) by service providers
A review of the key business drivers and the ever-growing dependence on IT to drive fundamental changes in the market model
Security in the Cloud
Cloud Security is a multi-faceted and wide ranging subject to get to grips with. In his presentation Gareth will work through a two phase customer case experience that will examine the following security challenges and demonstrate how they have been addressed.
Regulatory and legal requirements with regard to the capture/ handling of customer data and data protection
Cloud vulnerabilities
Identity and access management
Data movement
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Indu...ARC Advisory Group
ARC's Andy Chatha's Current Business Drivers & Trends Presentation @ ARC Industry Forum 2009 in Orlando, FL.
Today’s US Business Environment
US is currently facing many crises
• Housing, Financial, Healthcare, Energy, Manufacturing
Political & Social Pressure to:
• Go Green
• Develop alternative fuels
• Bring manufacturing jobs back
Aging Baby Boomers
• Shortage of Skilled Human Resources
Aging infrastructure
• Bridges, Water, Plants, Electric Grid
OpenText - Moving content to the cloud: Your way, your paceOpenText
It’s no secret, moving content to the cloud can help fast-track efforts to modernize and optimize workforce collaboration and productivity. But for many, concerns about security and migration complexity remain. Moving however does not have to be an all or nothing proposition. In this session we’ll cover the findings of a recent study OpenText conducted with Forrester Research exploring the benefits of taking a hybrid-cloud approach. Gain actionable insight from the survey of 200+ organizations. Learn how to overcome obstacles and identify the use cases that can help you build the business case for hybrid.
More on OpenText hybrid cloud: https://www.opentext.com/products-and-solutions/products/opentext-cloud
This presentation discusses enterprise mobility trends and how a mobile app can bring greater transparency to global supply chains. This presentation also discusses how OpenText developed a mobile order status app for a global CPG company which would allow their customers greater visibility into order based transactions.
This article for Manufacturing and Logistics IT Magazine discusses how the Internet of Things will help to develop intelligent supply chains in the future.
OT - Getting the Most From Your B2B Network - SS14Mark Morley, MBA
This presentation was the keynote delivered at an EDIFICE plenary in Brussels in May 2014. EDIFICE is a European based industry association driving B2B standards across the high tech industry. The presentation discusses how once connected to a global B2B network such as OpenText Trading Grid, how a company can potentially utilise the information flowing across the extended enterprise and hence obtain greater value from a B2B platform, rather than just exchanging transaction based B2B messages. GXS has been a member of EDIFICE for more than 25 years however this was the first time that the attendees had heard of OpenText, so the first few slides provide a high level introduction to the company - Updated May 2014
OT - How IoT will Impact Future B2B and Global Supply Chains - SS14Mark Morley, MBA
This presentation was originally given at an EDIFICE plenary in Brussels in May 2014. EDIFICE is a European based industry association driving B2B standards across the high tech industry. The presentation discussed digital disruption and how the Internet of Things is likely to impact future design of B2B platforms and global supply chains. - Updated March 2015
This presentation provides an introduction to the area of cloud computing. The presentation discusses the evolution of Cloud Computing, along with its benefits, and how B2B integration benefits from being deployed across a cloud environment. Updated May 2014
This is my MBA dissertation from 2006. I worked with a UK based space tourism company called Starchaser Industries to help them develop a business plan to enter this new and exciting industry sector. I included extensive competitive analysis with Virgin Galactic who 8 years later are about to launch their own service in late 2014. I undertook extensive surveys to get public reaction to private space tourism launches and looked at whether there was scope to launch a sounding rocket business for placing small payloads into low earth orbit. Even though Starchaser has struggled in recent years to raise the capital they need to succeed with the project it proved to be a worthwhile project for myself to understand what it would take to try and launch a new business in a totally new industry sector. Please feel free to down this dissertation.
This presentation provides an overview of why B2B integration to ERP systems is important for companies. In many cases ERP can be considered to be incomplete without integration to a B2B platform that allows companies to then seamlessly connect to external trading partners. B2B Managed Services can provide the people, skills and resources to integrate ERP and B2B systems together. Updated May 2014
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
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Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Hello and welcome to this webinar hosted by GXS, my name is Mark Morley, Industry Marketing Director.
Over the new few minutes I would like to discuss how companies are having to change the way in which they manage their supply chains in order to survive. Over the past couple of years there have been numerous incidents which have impacted supply chains around the world, most notably in the manufacturing sector where automotive and high tech companies have been severely impacted.
In order to increase resilience across global supply chains, companies are having to not only introduce operational changes, but they are having to introduce IT infrastructure changes as well. This webinar will discuss some of these operational and IT changes in a bit more detail and more specifically how B2B solutions can help to increase resilience in today’s supply chains.
So let me start this session by outlining a brief agenda.
So in terms of an agenda for this session I will briefly recap some of the major disruptions that have occurred over the past couple of years and I will describe how supply chains have been impacted.
I will then go on to discuss some of the more relevant research studies that have been carried out in the areas of business and operational risk before going on to discuss some of the operational changes that companies are making to minimise future supply chain disruption.
I will close this session by describing how B2B solutions and services can help to minimise supply chain risk.
So let me begin by discussing some of the ways in which global supply chains have been impacted in recent years.
I am not sure if this is an effect of El Nino but it does seem strange that various corners of the earth have experienced significant natural disasters over the past couple of years. Just as companies think they are recovering from one disaster, another one strikes in quick succession, so I firmly believe that supply chain disruption is a recurring theme and it is certainly here to stay.
As a result of this disruption companies are now being forced into building more scalable and flexible supply chains that are more resilient to disruptions, either from natural disasters or otherwise.
The eruption of the volcano in Iceland in 2010 led to much of Europe’s airspace being shutdown due to the spread of volcanic ash in the atmosphere. As a result, global air freight shipments were severely affected. I have heard a few stories of large manufacturers chartering 747 cargo planes to makes sure that they could import/export goods very quickly before the airspace was shutdown completely.
Early last year Japan faced one of its most disruptive natural disasters in its history, with the East coast being severely affected by the earthquake. Many factories and utility infrastructures were destroyed and logistics networks ground to a halt. Japanese manufacturers are being told to expect further disruptions to their supply chains this summer due to the nuclear power stations being taken offline and power companies asking their industrial customers to reduce power consumption by 5%
As we know now, the resulting Tsunami in Japan caused more longer lasting damage to it’s infrastructure and as a result supply chains have been impacted for more than 12 months.
Then towards the end of 2011, global high tech supply chains were severely impacted by the floods in Thailand, at one point it was estimated that the delivery of 90% of the world’s supply of hard disks had been affected.
Honda’s factory was severely affected by the floods and as a result millions of dollars worth of cars had to be written off. Due to the increasing value of the Japanese Yen and Honda’s need to continue building cars in the region, they have decided to rebuild the factory and make it more resilient to future floods rather than pull out of the country altogether.
Another unexpected source of supply chain disruption has come from the Somali pirates, many of whom have been hijacking oil tankers, container ships and ocean going liners. Goods exported from the West coast of India have had to be re-routed around the problem areas adding valuable time to ocean freight based logistics networks in the region.
Ocean freight is susceptible to disruption when a major container ship runs in to trouble. Most of the containerised cargo has to be written off.
And in some cases where containers do make it to land, there is very little chance of the goods getting to their intended customer in one piece, as depicted by this photograph of people removing a brand new BMW motorbike from a container that landed on a beach in the south coast of the UK. You can just imagine BMW Customer Services saying– “Sorry Sir, we cannot seem to trace your new motorbike which was enroute from our factory in Germany!”
China exports millions of tonnes of rare earth materials each year, some have estimated this to be up to 90% of the world’s supplies. This material is a core ingredient to the manufacture of electronic components used in many consumer electronic devices. The Chinese government last year tried to restrict the export of these materials and this had an effect on the global distribution of electronic components across high tech supply chains. Rather than being held to ransom by the Chinese government again, many companies are looking to find alternative sources of raw earth materials, for example Japanese companies are looking to source from former Soviet Union countries instead.
The UK almost ground to a halt a few years ago due to a tanker driver strike and this was nearly repeated earlier this year. Even though the planned strike did not take place in April, it did not stop the UK government from sending out advice for drivers to stock up on fuel, this advice caused nationwide panic buying and inevitable fuel shortages. The retail and grocery industry is always first to feel the pain during this kind of disruption.
An explosion at the Evonik Industries factory in Germany caused a global shortage of CDT, a key ingredient of PA12 which is widely used across the automotive industry. Quite how the industry can rely on one or two suppliers for such a key material is beyond belief in this day and age.
So let me now discuss some research studies which highlight how companies could build increased resilience through improved information sharing.
The world economic forum has undertaken a number of studies in the area of risk management and their most recent global risk report highlighted how companies are impacted by business and operational risk and how a domino effect ripples through a company once disruption takes place. So in this example when a natural disaster takes place, companies may experience property damage, then some form of business interruption, this then impacts supply chains which in turn impacts brand reputation which leads to a drop in sales which ultimately impacts cash flow.
This study from the Bank of Japan shows how they assess companies using 18 metrics to see if they are suitable for loans or mortgages.
As expected most companies faired quite well in the top right quadrant but the area of the chart where many companies were weak was in what can be described as the Information management and communications sector shown on the left hand side of the diagram. It is interesting to note that on average most of the companies applying for some form of loan struggled to get a high assessment number relating to the deployment of information management systems across their extended enterprise.
Another study from APICS, the association for operations management in the U.S, highlights other forms of supply chain risk and in this case two results that I wanted to bring to your attention on this slide are how inadequate relationship management and lack of information sharing can have an impact on supply chain risk. Strange to think that this has a higher focus than suppliers actually going out of business.
In a similar manner, research from APICS also highlighted that many companies failed to understand the full structure of their supply chain. In fact very few had taken the time to actually map out their supply chain from end to end. Knowing the potential weak points in your supply chain should be a key requirement for any supply chain director.
At the world economic forum in Davos this year, world leaders discussed why:
Increasing supply chain related resilience is key to sustained economic growth and prosperity and
Minimising supply chain disruptions and ensuring continued operations should be high on the agenda of every company CEO
Increased use of cloud based B2B solutions can significantly contribute towards this goal
So let me now discuss some of the operational changes that companies have been making across their supply chains.
Many companies, especially in the manufacturing sector, have been busy implementing a number of different operational changes across their businesses. Given that the manufacturing sector is one of the more global industry sectors, it is not surprising that decentralising operations or spreading the production risk to multiple countries has become a key theme of many companies. Let me now go through some of the more popular ways that companies have been making operational changes to their operations.
- Near Shoring
- Establish a ‘Global Plant Floor’
- Shift Production to New Locations
- Map Out Supply Chains/Networks
- Introduce Dual Sourcing Strategies
- Implement Control Towers/Crisis Management Centres
- Appoint a Business Continuity Manager
During the most recent economic downturn, companies were quick to establish manufacturing locations in low cost emerging markets or in countries with an abundance of high quality suppliers. Due to the increasing length of some supply chains, companies started to look for sourcing locations closer to their home markets, with the ultimate aim of trying to shorten logistics networks to speed up the delivery of goods. The recent natural disasters, especially in Japan have forced some manufacturers to move production back to their home markets at an accelerated rate. Near shoring or Reverse Globalisation has become a necessity for some companies to stay in business.
One example of a manufacturer moving production back to North America is Caterpillar. They decided to move production of one of their more popular mini-excavators from Japan to their plant in North America. The increasing value of the Japanese Yen has also provided another reason for companies to look for alternative manufacturing locations outside of Japan. In fact interestingly, I have seen more inward investment in North America in the first five months of this year than at any other time since I joined GXS six years ago.
An alternative to near shoring has been to ramp up production at alternative production sites around the world. For example rather than manufacturing one type of product in a specific country, companies are trying to ensure that they can manufacture a specific product at multiple locations. This is essentially spreading the manufacturing risk so to speak and thus ensuring continued production during a period of significant disruption.
In addition to spreading the manufacturing risk, many automotive companies for example have been working to de-centralise their design departments. This had been driven by a need to bring the design process closer to the end market. For example BMW and Volvo have established design centres in China and Honda announced at the Detroit motorshow this year that they would be designing and manufacturing their next generation super car, the NSX, at a new facility in Ohio where their production facilities are based. This de-centralised approach to the design of future cars has driven an increasing need to be able to transfer very large CADCAM files.
As is always the case in these types of situations, other countries were very quick to start marketing themselves to the companies that had been severely impacted in some way. Some governments started to announce investments in state of the art science and technology parks and also offering significant tax breaks if companies invested in their country.
An example of this is Taiwan who was very quick to promote their country to the high tech companies that had been impacted by the Japanese Earthquake and Tsunami. Taiwan is keen to raise their profile as being one of the leading countries for high tech companies to invest in.
One key area that has been highlighted for immediate improvement is mapping out supply chains. It is one thing to have end-to-end visibility of supply chain transactions but how many companies know every single company involved in their supply chain?. In the case of an automotive company the car manufacturer would leave it to their Tier 1 supplier to manage their downstream suppliers, ie Tier 2, Tier 3 and Tier 4 and smaller. When Toyota were impacted by the earthquake they had no idea how their supply chain was going to be impacted and they had to rely on key tier 1 suppliers such as Denso to help them out. Mapping out supply chains has become a key activity over the past 12 months and many companies have been able to increase their supply chain resilience through embracing this process. Of course once a company has mapped out their supply chain, the various inter-company relationships need to be maintained on an ongoing basis to ensure that contact information is correct.
In this example from Honda, a researcher at Ohio university spent three years mapping out every single supplier of components to the centre console of one of their cars. The fact that it took three years helps to illustrate why it is important to map out supply chains right at the beginning of the production life of a vehicle rather than trying to do it retrospectively. Mapping out suppliers in this way has helped Honda to identify key points of weakness across their global supply chain and has allowed them to implement alternative sources for components should disruption occur at one of their plants in the future.
Identifying alternative sources for components, more commonly known as dual sourcing, has become one of the simplest ways that companies have been able to build additional resilience into their supply chains. These alternative suppliers need to be identified very quickly during a time of crisis and they must have components or parts available should they be required. Dual sourcing may not be required for every component in a product but it should certainly be considered for key parts. Over the last few years companies have been persuaded to reduce their buffer stocks as a way to reduce operational costs, but lean manufacturing, as in this case, is not always a good strategy. In this case we have started to see many companies start to increase their buffer stocks once again so that they can ride out the storm so to speak.
Many companies have implemented control towers or centralised locations for being able to monitor supply chain related transactions and activities. Recent natural disasters have seen these control towers take on a new area of responsibility, namely becoming crisis management centres. During a time of crisis a company needs a centralised approach to how they send out mass communications to trading partners and supply chain participants across the extended enterprise. Once again, as highlighted earlier, unless you have your suppliers’ contact details in a centralised location it is going to become very difficult to send out mass communications in any sort of organised manner.
One increasing trend I have noticed on professional networking web sites such as LinkedIn or Xing has been the emergence or rise of the business continuity manager role. This person becomes the go-to employee during a period of disruption, they become the central person who is responsible for steering a company through a period of supply chain disruption. Sometimes referred to as the ‘Masters of Disaster’, these people are key to making today’s supply chains operate efficiently and seamlessly. The ability to proactively monitor supply chains and almost sense when disruption is likely to occur has become a key competitive weapon that companies have been keen to implement. Increasing regulatory compliance has also made the business continuity manager more visible in today’s extended enterprise. In summary, being unprepared is bad for business.
So moving on to the final section of this webinar, how can B2B solutions and services help to minimise supply chain risk?
If we return back to the spider diagram from the Bank of Japan, you may remember that one of the weakest areas that companies struggled to address during a period of disruption was information management and communications, shown by the green quadrant on the left hand side of the diagram. B2B solutions can certainly help to improve the flow of information and contribute significantly to increasing supply chain resilience.
One of the key areas where B2B tools can help minimise supply chain disruption is in the area of community management, after all when a natural disaster strikes you need to make sure you can remain in contact with your trading partner community or identify alternative sources for materials very quickly. Community management tools help in three ways.
Firstly, community management tools can help to establish what can best be described as a centralised B2B contact directory, typically a self serving environment where all contact information for a particular supplier can be held. If working as part of a complex supply chain such as those found in the automotive or high tech sectors then they can also help you to understand the structure of these supply chains, effectively building a map of your supply chain. As a condition of doing business with some companies, suppliers will be forced to enroll through a workflow driven registration process to ensure that they provide all the relevant contact information concerning their business.
Secondly, community management tools help to improve command and control processes across your supply chains. They allow you to quickly assess the state of your supply chain in terms of identifying which suppliers have been impacted following a period of significant disruption.
As the suppliers provided all their contact information during the registration process, community management tools allow you to send out mass communications with ease. You can also ask suppliers to complete online surveys to assess the condition of your supply chain, if they are unable to meet specific supply demand levels from their customers then you can quickly identify alternative sources for these components or parts. Dual sourcing of key components is becoming a popular method of combatting supply chain disruption and community management tools help to orchestrate the selection of alternative suppliers very quickly.
Finally, community management tools help to minimise supply chain risk. Companies deploy Microsoft office tools for creating documents, they implement ERP systems for managing production and employee processes so why not implement community management tools to help establish a dedicated IT infrastructure to help assess, manage and mitigate supply chain risk.
When was the last time your company undertook a risk assessment of your supply chain, how long did it take to complete, did every company participate in the assessment, how did you apply scores and weightings to the results and what corrective actions did you take to mitigate future risk. The ability to assess the state of your supply chain via simple to use community management tools helps to bring a significant competitive advantage during a period of supply chain disruption. Has your company thought about setting up a trading partner risk database as part of a process of increasing resilience across your supply chain?
This brings us to the end of this webinar, we hope it has provided you with some insights in to how companies are trying to improve the management of their supply chains during periods of disruption and how community management tools can help build additional resilience across today’s global supply chains.
So I guess I should leave you with one last thought, is your supply chain prepared?