Information sharing is a major challenge in SCM due to the geographical spread of partners and monumental paper work involved across countries and regions. Digitisation impacts the flow of goods, funds and information. It is at the threshold of introducing the Smart Factory where all flows are automated. How relevant are these technologies for India? What can be the Smart Approach for India in sequencing the adoption of these technologies? We present a suggested approach here.
Digital Transformation is one of the most important business trends of our time. A lot of research has already been done on this topic. Most research has examined Digital Transformation within organisations, or between organisations
and their customers.
But in today’s globalised and outsourced world, an organisation’s success is no longer dependent on its own efforts alone. Today, the success of an organisation depends largely on how effectively it can orchestrate a vast, global network of supply chain partners to deliver goods and services that meet the needs of individual consumers.
This presentation [which was presented today to mark European Supply Chain Day in Ireland] highlights how the utilisation of digital technologies and processes enable supply chains to be more effectively and efficiently managed, creating business networks and increasing the overall supply chain visibility within the network.
Digital Supply Chain: the start of a new eraBluecrux
95% of Supply Chain leaders struggle with how to drive improvement in their Supply Chain and only 5% are making progress.
In this presentation, you'll get a market overview of emerging technologies and approaches you can apply to drive value. Are you ready to become part of that 5%?
Presented by Lora Cecere, Founder Supply Chain Insights on Supply Chain 4.0 : ready to operate in the digital era? (29 Nov, 2018)
Information sharing is a major challenge in SCM due to the geographical spread of partners and monumental paper work involved across countries and regions. Digitisation impacts the flow of goods, funds and information. It is at the threshold of introducing the Smart Factory where all flows are automated. How relevant are these technologies for India? What can be the Smart Approach for India in sequencing the adoption of these technologies? We present a suggested approach here.
Digital Transformation is one of the most important business trends of our time. A lot of research has already been done on this topic. Most research has examined Digital Transformation within organisations, or between organisations
and their customers.
But in today’s globalised and outsourced world, an organisation’s success is no longer dependent on its own efforts alone. Today, the success of an organisation depends largely on how effectively it can orchestrate a vast, global network of supply chain partners to deliver goods and services that meet the needs of individual consumers.
This presentation [which was presented today to mark European Supply Chain Day in Ireland] highlights how the utilisation of digital technologies and processes enable supply chains to be more effectively and efficiently managed, creating business networks and increasing the overall supply chain visibility within the network.
Digital Supply Chain: the start of a new eraBluecrux
95% of Supply Chain leaders struggle with how to drive improvement in their Supply Chain and only 5% are making progress.
In this presentation, you'll get a market overview of emerging technologies and approaches you can apply to drive value. Are you ready to become part of that 5%?
Presented by Lora Cecere, Founder Supply Chain Insights on Supply Chain 4.0 : ready to operate in the digital era? (29 Nov, 2018)
To share the learnings I had from the course –
Supply Chain Analytics Essentials
by
Dr.Yao Zhao,
Professor in Supply Chain Management
Rutgers Business School
(Rutgers the State University of New Jersey)
Offered through Coursera.
Thanks to TamilNadu Skill Development Corporation
Digital Supply Chain Management - Supply Chain 4.0 - Supply Chain Management ...Danar Mustafa
Digital Supply Chain Management - Supply Chain 4.0 - Supply Chain Management in Industry 4.0
How to increase operational efficiency leveraging digital technologies in Supply Chain Management
https://digitalstrategy-ai.com/
Digital Supply Chain - Insights on Driving the Digital Supply Chain Transform...Lora Cecere
Executive Summary
It started with the internet, and the drum beat continues. Mobile. Social. Cloud. Digital Products. Telematics. The Internet of Things. The list of enablers is endless.
Over the last decade, digital marketing departments quickly took advantage of new technologies to power marketing capabilities. As a result, companies have new products and services; but, over the last decade there has been little change in supply chain processes.
There is a great divide in organizations today. There are digital teams in marketing while there are traditional supply chain processes in operations. Many supply chain leaders are asking how they digitize their supply chain practices. This report is designed to help. Here we share a five-step process to get started, and we provide insights from recent research on how to transform manufacturing processes.
What Is Digital Business?
Digitization transforms businesses. A digital business model uses new forms of technology to create new forms of revenue and business value. It is about the use of combinations of technologies to sense changes in real-time and shape a meaningful output.
Digital business is about much, much more than the redefinition of business processes for B2B and B2C. While e-business strategies are foundational, and necessary, it is about more than e-business. In today’s supply chain, while B2C models are well defined and new supply chain models have embraced and redefined e-commerce delivery, B2B processes lag B2C. Today, only 9% of B2B commerce business flows through business networks. There are no digital B2B officers. Companies have been slow to adopt new forms of B2B.
A lesson from the pandemic is the strategic and critical importance of supply chain management. With that goes the need for supply chain resilience. Both inside and outside four walls. It started out about technology, but as the pandemic continued, logistics and logistics infrastructure is showing as a key for supply chain resilience. View these for content that may assist you to make your supply chain resilient.
Digitization in supply chain managementHae-Goo Song
Many people are stressing the importance of digitization in SCM. Haven't we been trying to represent the real supply chain on the digital model for the last 25+ years? What's really new to supply chain management if we implement the digital enterprise? More importantly, what's the real opportunities from the supply chain management perspective?
Bigdata analysis in supply chain managmentKushal Shah
big data is larger, more complex data sets, especially from new data sources. These data sets are so voluminous that traditional data processing software just can’t manage them. But these massive volumes of data can be used to address business problems you wouldn’t have been able to tackle before.
supply chain industry need this type of data to survive in every situations.
Digitization will reinvent the world economy with individuals, businesses, and societies becoming
interconnected in real time. This new digital economy is more collaborative, intelligent,
responsive, and efficient, with dramatic increases in productivity and economic value.
The digital economy will transform the way we live and work, how business runs, and how society
functions – and it will do this in a timeframe that is much shorter than any other major economic
transition in history.
Summary of the Supply Chains to Admire AnalysisLora Cecere
The Supply Chains to Admire analysis, now in its seventh year, is a data-driven methodology to analyze relative improvement and performance against sector peer groups. The data source is public balance sheet information for the period of 2010-2019. The analysis is for 440 public companies in 28 industry sectors. Only 4% of companies are outperforming their peer group while driving improvement at a faster rate than peers.
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/
To share the learnings I had from the course –
Supply Chain Analytics Essentials
by
Dr.Yao Zhao,
Professor in Supply Chain Management
Rutgers Business School
(Rutgers the State University of New Jersey)
Offered through Coursera.
Thanks to TamilNadu Skill Development Corporation
Digital Supply Chain Management - Supply Chain 4.0 - Supply Chain Management ...Danar Mustafa
Digital Supply Chain Management - Supply Chain 4.0 - Supply Chain Management in Industry 4.0
How to increase operational efficiency leveraging digital technologies in Supply Chain Management
https://digitalstrategy-ai.com/
Digital Supply Chain - Insights on Driving the Digital Supply Chain Transform...Lora Cecere
Executive Summary
It started with the internet, and the drum beat continues. Mobile. Social. Cloud. Digital Products. Telematics. The Internet of Things. The list of enablers is endless.
Over the last decade, digital marketing departments quickly took advantage of new technologies to power marketing capabilities. As a result, companies have new products and services; but, over the last decade there has been little change in supply chain processes.
There is a great divide in organizations today. There are digital teams in marketing while there are traditional supply chain processes in operations. Many supply chain leaders are asking how they digitize their supply chain practices. This report is designed to help. Here we share a five-step process to get started, and we provide insights from recent research on how to transform manufacturing processes.
What Is Digital Business?
Digitization transforms businesses. A digital business model uses new forms of technology to create new forms of revenue and business value. It is about the use of combinations of technologies to sense changes in real-time and shape a meaningful output.
Digital business is about much, much more than the redefinition of business processes for B2B and B2C. While e-business strategies are foundational, and necessary, it is about more than e-business. In today’s supply chain, while B2C models are well defined and new supply chain models have embraced and redefined e-commerce delivery, B2B processes lag B2C. Today, only 9% of B2B commerce business flows through business networks. There are no digital B2B officers. Companies have been slow to adopt new forms of B2B.
A lesson from the pandemic is the strategic and critical importance of supply chain management. With that goes the need for supply chain resilience. Both inside and outside four walls. It started out about technology, but as the pandemic continued, logistics and logistics infrastructure is showing as a key for supply chain resilience. View these for content that may assist you to make your supply chain resilient.
Digitization in supply chain managementHae-Goo Song
Many people are stressing the importance of digitization in SCM. Haven't we been trying to represent the real supply chain on the digital model for the last 25+ years? What's really new to supply chain management if we implement the digital enterprise? More importantly, what's the real opportunities from the supply chain management perspective?
Bigdata analysis in supply chain managmentKushal Shah
big data is larger, more complex data sets, especially from new data sources. These data sets are so voluminous that traditional data processing software just can’t manage them. But these massive volumes of data can be used to address business problems you wouldn’t have been able to tackle before.
supply chain industry need this type of data to survive in every situations.
Digitization will reinvent the world economy with individuals, businesses, and societies becoming
interconnected in real time. This new digital economy is more collaborative, intelligent,
responsive, and efficient, with dramatic increases in productivity and economic value.
The digital economy will transform the way we live and work, how business runs, and how society
functions – and it will do this in a timeframe that is much shorter than any other major economic
transition in history.
Summary of the Supply Chains to Admire AnalysisLora Cecere
The Supply Chains to Admire analysis, now in its seventh year, is a data-driven methodology to analyze relative improvement and performance against sector peer groups. The data source is public balance sheet information for the period of 2010-2019. The analysis is for 440 public companies in 28 industry sectors. Only 4% of companies are outperforming their peer group while driving improvement at a faster rate than peers.
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/
The presentation given by Philippe Depallens, General Manager at Ultimate Ears Pro, at the Supply Chain Insights Global Summit in Scottsdale, AZ on September 10, 2014
Big Data in Oil and Gas: How to Tap Its Full PotentialHitachi Vantara
Tap the full potential of big data to find oil more quickly, enhance oil production, and reduce the health, safety, and environmental risks of equipment failure or operator error. Join this informative 60 minute webcast featuring IDC Energy Insights’ analyst Jill Feblowitz and leading energy experts from Hitachi Data Systems. Explore key findings from IDC Energy Insights' recent examination of big data and analytics in upstream oil and gas. Learn how to: Benefit from the newest technology innovations in upstream oil and gas. Improve the geoscience workflows for more accurate and reliable results. Create big data solutions that scale and perform as you need. Build true big data solutions that are easier to procure, service and support globally. For more information on HDS Solutions for Oil & Gas please visit: http://www.hds.com/solutions/industries/energy.html?WT.ac=us_inside_rm_nrgy
Import - Export Policy of India(EXIM POLICY)Sandip Besra
policies in the sphere of Foreign trade i.e. with respect to import & export from the country and more especially export promotion measures, policies and procedure related there to.
Infosys' session on IoT World - Systems Integration in an IOT world: A practi...Infosys
The installed base of IOT products is growing exponentially along with its economic impact. Innovators are seeking a new generation of technology solutions that will help them create, operate and maintain smart connected products. It is a system of systems world that is complex, heterogeneous with a mix of incompatible, non-standard, multi-vendor, smart & not-so smart, connected and not-connected products that generate incredible amounts of data to be analyzed for insight and value. In this presentation, Jayraj Nair, AVP and Head of IoT, Infosys Engineering Services will share his experience’s building real world IOT solutions, innovative ways in which a system integrator can enable the integration between the physical and digital worlds and accelerate the adoption of Internet of Things.
New ICT solutions for agricultural development are being developed at break-neck speed, and its hard to keep track of what’s out there, what works, and how it best fits into your project. At this month’s Tech Talk, GBI will demonstrate how ICT applications can complement a value chain approach to agricultural development, and we will bring in users and developers of these apps to explain their tools and how they are implemented. We’ll also unveil a new and useful interactive tool “Ag Apps Along the Value Chain,” that maps a collected inventory of over 120 apps and ICT solutions along the agricultural value chain.
Jeremy Wilson - Return On Investment When Using Technology And DataJohn Blue
Return On Investment When Using Technology And Data - Jeremy Wilson, from the 2018 Conservation Tillage and Technology Conference, March 6 - 7, Ada, OH, USA.
More presentations at https://www.youtube.com/channel/UCZBwPfKdlk4SB63zZy16kyA
The CSC Big Data Analytics Insights service enables clients who do not have an analytics capability to implement the business, data and technology changes to gain business benefit from an initial set of analytics based on a roadmap of changes created by CSC or provided from a compatible set of inputs.
CSC Analytic Insights Implementation has four phases:
Stage 1: Analytic Engagement
Stage 2: Analytic Discovery
Stage 3: Implementation Planning
Stage 4: Embedding Analysis .
The CSC Big Data Analytics Insights service enables clients who do not have an analytics capability to implement the business, data and technology changes to gain business benefit from an initial set of analytics based on a roadmap of changes created by CSC or provided from a compatible set of inputs.
CSC Analytic Insights Implementation has four phases:
Stage 1: Analytic Engagement
Stage 2: Analytic Discovery
Stage 3: Implementation Planning
Stage 4: Embedding Analysis
AWS re:Invent 2016: Earth on AWS—Next-Generation Open Data Platforms (STG203)Amazon Web Services
Making earth observation data available by using Amazon S3 is accelerating scientific discovery and enabling the creation of new products. Attend and learn how the scale and performance of Amazon S3 lets earth scientists, researchers, startups, and GIS professionals gather and analyze planetary-scale data without worrying about limitations of bandwidth, storage, memory, or processing power. Learn how AWS is being used to combine satellite imagery, social data, and telemetry data to produce new products and services. Learn also how Amazon S3 provides much more than storage, and how an open geospatial data lake on Amazon S3 can be used as the basis for planetary-scale applications built with Amazon EMR, Amazon API Gateway, and AWS Lambda. As part of this talk, AWS customer Digital Globe demonstrates how they use open data stored in S3 to distribute high-resolution satellite imagery to their customers around the world.
Genpact Logistics Analytics - Unlock hidden value from your logistics operati...Genpact Ltd
Genpact helps enterprises to be more competitive by becoming more intelligent: adaptive, innovative, globally effective and connected by enabling tighter management of costs, risks, regulations, and growth enablement
Schneider Electric Presentation at the Supply Chain Insights 2018 ConferenceLora Cecere
Presentation by Schneider Electric on Supply Chain Transformation given at the Supply Chain Insights Global Summit 2018 by Mourad Tamoud, SVP of Supply Chain Management.
How komatsu is driving operational efficiencies using io t and machine learni...Cloudera, Inc.
In this joint webinar, Jason Knuth, data scientist and analytics lead at Komatsu shares how they are analyzing over 17 billion data points every day from connected devices and using machine learning and analytics to improve mining operations.
At The Boeing Center's 13th Annual Rosenblatt Memorial Lecture, Mike Pinedo, the Julius Schlesinger Professor of Operations Management in the Department of Information, Operations and Management Sciences at New York University's Leonard N. Stern School of Business, shared his insights about operational risk management in financial services.
Drawing from decades of experience in industrial systems development, Professor Pinedo spoke about operational failures and their causes, as well as the management of costs and operational risk in financial services. He also talked about his experience in measuring operational risk, including identifying key risk indicators and running multi-factor analyses.
---
Check out @theboeingcenter on social media for more supply chain and operational excellence digital content.
Informing Total Cost of Ownership in Supplier SelectionThe Boeing Center
Damian Beil, associate professor of technology and operations at the University of Michigan, presented his research on informing total cost of ownership in supplier selection to students and faculty at Washington University, sponsored by The Boeing Center.
Healthcare Procurement - Custom Contracting through GPOsThe Boeing Center
Vera Tilson, associate professor of operations management at the University of Rochester, made a visit to The Boeing Center to present her research on the impact of custom contracting and the infomediary roles of healthcare GPOs to our OMM students and faculty.
For more research, connect with The Boeing Center on:
Facebook: http://j.mp/BCTIM-fb
Twitter: http://j.mp/BCTIM-tw
LinkedIn: http://j.mp/BCTIM-li
Instagram: http://j.mp/BCTIM-ig
SlideShare: http://j.mp/BCTIM-ss
Google+: http://j.mp/BCTIM-gp
Blog: http://j.mp/BCTIM-bl
This introductory presentation is an overview of BCTIM's objectives and activities. It was delivered by Prof. Panos Kouvelis, Director of BCTIM and Emerson Distinguished Professor of Operations & Manufacturing Management at the 7th annual BCTIM Industry Conference.
To Hedge or Not to Hedge: Commodity Contracts and Supply ChainsThe Boeing Center
A presentation based on the research paper "Hedging Commodity Procurement in a Bilateral Supply Chain" by Panos Kouvelis and Danko Turcic of Washington University in St. Louis.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
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
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
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/
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
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. 📊
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Creating a Digital Supply Chain: Monsanto's Journey
1. Creating a Digital Supply Chain:
Monsanto’s Journey
Jim Kinnett
October 2015
2. Monsanto:
A Sustainable Agriculture
Company
• Bringing a broad range of solutions
to help nourish our growing world
• Collaborating
to help tackle some of the world’s
biggest challenges
• >20,000 employees in 67 countries
• >50% employees based outside of
the United States
• Provider of seeds, traits and treatments on hundreds of
millions of acres globally, serving farmers large and small
• ~$15.8B Revenue and ~$8.5B gross profit
(reported for fiscal 2014)
• One of the 25 World’s Best Multinational Workplaces by
Great Place to Work Institute
3. A History of Innovation
DRooted in Chemistry
Technology
Transformed by Breeding &
Genomics
Positioned for Digital
Agriculture
Dr. William Knowles shared the
Nobel prize in Chemistry in
2001 (with Ryoji Noyori) for his
work at Monsanto on
asymmetric hydrogenation
reactions.
+ +
Before 1996 1997-Today Future
4. Information-based digital farming:
• Seeds
• Weather and Water
• Soil and fertilizer
• Operation costAverageCornYield
CornYieldPotential
~150
Average
Bu/Acre
~300
Average
Bu/Acre
Produce More, Conserve More:
On 1 Billion Acres
5. Beginners Conservatives
Fashionistas Digital Masters
Leadership Capability
DigitalCapability
Adapted from “The Digital Advantage: How Digital Leaders Outperform Their Peers in Every Industry” by George Westerman et al. Nov 2012
•Revenue: +6%
•Profit: -11%
•Revenue: +4%
•Profit: -24%
•Revenue: -10%
•Profit: +9%
•Revenue: +9%
•Profit: +26%
•Wait & See
•Ask for certainty
•Privacy as excuse
•Regulation as excuse
Technology leader
Focus on speed
•Lack governance
•Lack integration
Strong coordination
Focus on efficiency
•Governance trap
•Lack of org mobilization
Driven by senior leaders
Results to inspire
Govern towards outcome
Integration with flexibility
Learn from Digital Masters
Technology Savvy with Operational Discipline
5
6. 6
R&D Pipeline Supply Chain Commercial Outreach
Genomics & Molecular Breeding
Field Capabilities
Pipeline Logistics
Customer Care
(Order-to-Cash)
Integrated Planning
Advanced Production
Customer (NPS)
Go To Market
Information Service & Products
Partners
Consumers
Stakeholders
Hundreds of internal decisions, many relevant to the farmer’s decisions
Digitizing Our Business:
To Better Serve Our Customers
Acquire Collaborate Invent
Sensors on combine to
collect real-time, in-field
data
Sensors on truck for real-time
data from field to factory
7. Digitization from Lab to Customers
Superior Product, Superior Customer Experiences
Pipeline
•Billions of data points
•Millions of testing plots
Supply Chain
•199 locations
•47 countries
Commercial
•Millions of customers
•>60 countries
Seed Identify and Genomics
7
Perfect Customer Order: Real
Time Feedback
Real Time Harvest
Progress & Yield
Data
Real Time
Temperature &
Moisture During
Transportation
Digital Supply Chain: Real Time Decision
8. 8
Expand Our Agriculture Leadership:
Secure for Business, Open to All Collaborators
A Cloud-Based Digital Infrastructure Expand Product Leadership
Serve All Customers
• Bimodal IT: Systems of Engagements & Systems of Records
• IoT & data streaming
• Pervasive analytics
• Scalability & agility: Microservice, SOA & DevOp
• Seamless authentication
• Open and secure collaboration: APIs
9. Digital Supply Chain
9
•COGs Savings Driven by Operational Efficiencies
• Customer Experience Step Change Leading to Improved NPS
• Supply Chain End-to-End Modernization Unlocking Real-Time Decisions
PLAN
(Planning)
SOURCE
(Procurement)
MAKE
(Production)
DELIVER
(Customer Care)
Technology,
Breedingand
Chemistry
Supply Chain Operations:
Global Coordination and Local Execution
Customers
Demand &
Supply Mgmt
Supply Chain Analytics
Procurement
Mgmt
Field & Plant
Optimization
Transportation &
Customer Service
10. Monsanto Company Confidential – Internal Only |
2015 Top Supply Chains Differentiate Themselves
10
35. Monsanto
1. Amazon®
“Bimodal Strategies”
“Customer Intimacy”
“Digital Business Models”
2. McDonald’s®
3. Unilever®
4. Intel®
5. Inditex®
-
-
-
-
-
* Gartner 2015 Top 25 Supply Chain Rankings
Monsanto moved up from
100+ in anticipation of
transformation
11. Monsanto Company Confidential – Internal Only |
Transforming Our Supply Chain to Delight Our Customers
11
Customer Indifference
(Economic gain only)
Customer Satisfaction
(Economic gain + responsive service)
Customer Delight
(Economic gain + inventive service)
Seed Production, Network Design,
Transportation Management
Planning
Customer Care – “Ease of Doing
Business”
Customer Service Perfect Order
Loyalty/Stickiness
Supply/Demand Accuracy Substitution Reduction
“If I asked people want they wanted, they would have said faster horses.”
-- Henry Ford
ReliabilityEfficiency
Internal Value
External Value
12. 12
Digital Supply Chain is an intelligent,
value driven network (Digital Supply Network -
DSN) that leverages new approaches with
technology and analytics to create new forms
of revenue and business value.
13. Digital Supply Chain
Lighting up our digital supply network
& unlocking the digitized information
• Rich sensors capture data
• In-season optimizations
• Yield prediction
• Global lab integration
• Improved test methods
• Rich shop floor
integration
• Smart equipment
• Network utilization
• Truck optimization
• Quick-ship
• Inventory visibility
• Fleet monitoring
• Delivery validation
• Customer360
• Improved Perfect Order &
Net Promoter
Data
Aggregators
Digital
Capabilities
Data
Foundation
Analytics
Transactions Warehouse Appliance
Imagery Social Geospatial
IoT Sensor
Collector
API
Gateway
Data
Historian
Dashboard Optimization Machine Learning
14. Digital Supply Chain
Lighting up our digital supply network
& unlocking the digitized information
• Rich sensors capture data
• In-season optimizations
• Yield prediction
• Improved test methods
• Rich shop floor
integration
• Smart equipment
• Network utilization
• Truck optimization
• Quick-ship
• Inventory visibility
• Fleet monitoring
• Delivery validation
• Customer360
• Improved Net Promoter
Data
Aggregators
Digital
Capabilities
Data
Foundation
Analytics
Transactions Warehouse Appliance
Imagery Social Geospatial
IoT Sensor
Collector
API
Gateway
Data
Historian
Dashboard Optimization Machine Learning
Measure of Success
• # of metrics / KPIs exposed
• # of decisions automated
Measure of Success
• % of enterprise supply chain
information accessible &
reused
• # of data sources retired –
regional databases & local
files
Measure of
Success
• # of IOT
sensors
connected
• # of
business
capabilities
exposed by
APIs
• # of
facilities
connected
into the
enterprise
data
footprint
Measure of Success
• Reduced COGs through digital
platforms that infuse analytics &
data to optimize the business
• Improved customer experiences
through digital markets
• Improve speed to value through
the adoption of disruptive
technology – decision accuracy,
perfect order, E2E visibility, etc.
15. Digitization: Convergence of Transformations
15
Supply Chain
IT
CONVERGENCE
• Business harmonization
• COGs / inventory efficiency
• Customer engagement
• Decrease injury severity
• People / talent
• Agile mind-set
• Customer centric
• Analytics infusion
• Advanced technologies
• People / talentDigital SC Platform that:
• Creates insights
• Shapes outcomes
• Leverages new technology
• Unlocks new business opportunities
We would like to share with you three examples of how digitization are linked to better products and better customer experience:
Example 1: Partnering with breeding to digitize the workflows and bring decision science to all aspects of breeding operation
Molecular breeding and genomicsiss one of our competitive advantage, the big data technologies enables us to make advancement decisions based on markers that are located across the genome (genome wide selection). Genome wide marker analysis used to take days, now it can be done in minutes.
By syncing up the innovation between R&D and IT, we formed a project code named “Breeding 3.0”. We are excited about the opportunity to improve the pace of genetic gains by 30-40% while provide fully traited products to farmers without delaying product launch.
The project has an estimated total NPV over $2B and IT is an integral part of this strategic initiative.
Example 2: We are part of supply chain transformation. The example here is about real time decision for field harvest and transportation: a). FieldDrive: An in-house invention to stream harvest progress and yield data back to analytics team real time; b). Cargo View: Off the shelf device adapted for realtime monitoring of temp and moisture to ensure seed quality
Example 3: We developed capabilities to monitor our deliveries in real time so our customers know when the order will come and can provide real time feedback at the point of delivery
We wanted to start our transformation update by looking externally first.
For the last 11 years, Gartner has ranked the top Supply Chains.
Monsanto has been in the 100’s, but in 2015, we showed up as #35 primarily in anticipation of our Supply Chain Transformation.
The top companies, as you can see here, differentiate themselves in 3 areas:
1. Bimodal Strategies – Meaning that top companies not only leverage supply chains for tradition cost efficiency opportunity, but see supply chains as an enabler of revenue.
2. Customer intimacy – Top companies go beyond improving the sales experience, but they anticipate the sensibilites of their customers. They deliver service to them before they even ask.
3. Digital Business Models – Finally, top companies use extensive digital platforms to engage with their customers.
Our transformation is in fact focused in these areas as well.
Following the customer intimacy comment made on the previous slides, we wanted to review our areas of focus against this expectation.
Our vision for transformation begins with internal efficiencies but reaches out to ultimately delight our customers.
You can see on the left the areas where we are focused. Some of these areas are in fact about efficiency, accuracy, and reliability. But the work we want to do in customer care goes past simply internally efficiencies and satisfying our customer, we are focused on delighting our customers. Providing them a level of service that they may not know they want until they get it. The quote at the bottom is a good one to illustrate why we want to focus not just on satisfaction but delight.
Take a minute…
We started our research & dialog around this topic by asking ourselves - prior to doing any readings / dialog / etc. - what is a digital supply chain ? And to quicken our path to a dialog three choices were offered:
Enterprise Supply Chain solutions are in place
End-to-end visibility of supply chain information
Event driven insights that shape outcomes
In the end… We adopted all three but not directly. We honed in on #3 as the competitive advantage that would enable #2 and require #1
What do you think ?
Vision: Unlocking digital yield > Unlocking digital "supply chain”
Strategy: Pivot our traditional supply chain as a digital supply network, a network of networks, through analytics and technology that shape positive outcomes
Focus areas:
Adopting digital platform capability & operating model
Maximize existing investments across IT to unlock new capabilities
Accelerating time to value by plugging in innovative solutions into our digital foundation
Drive unification / rationalization of process and information nomenclature