Found in 247 News & Content,
with a score of 0.16
…is preventing supply chain visibility? Martin Verwijmeren, CEO of MPO, at the inNOWvate Supply Chain Event 2022 (watch the video to the right), stated: “At the most mature stage, you have visibility into what is going on with your supply chain partners too. You share forecasts with each other and are able to predict exactly what will happen in the chain and when. To achieve that, you need artificial intelligence-based decision-making systems.” The Same Underlying Issues Have Been Holding Companies Back for Years Years ago, I was the CEO of a key supplier to a leading hardware appliance OEM (original…
Found in 247 News & Content,
with a score of 0.12
…at a control tower as a stand-alone supply chain management (SCM) application, but rather as an integrated capability embedded in a broader SCM suite or tool. It can serve specific use cases along supply chain functional domains. Leverage the control tower as an analytics-driven, decision-support tool; don’t just conceive it as an extensive visual dashboard. There is a lot of confusion in the market about what a control tower actually means and offers to supply chain organizations. Rather than just looking at it from a technology perspective, supply chain technology leaders would be wise to consider its underlying capabilities. Gartner…
Found in 247 News & Content,
with a score of 0.09
…that encourages experimentation. Over-commitment to old practices and legacy systems and frameworks fosters a static environment that is less likely to yield new ideas or support creativity and dynamism. Strategy, techniques, and emergent technology should be continuously and critically examined and evaluated. One advantage is that NASA already knew where it was headed: to the moon. Truly successful supply chain practitioners align their business goals with the bigger picture. Where is the supply chain headed, and where and how well do you fit into that future? 3. Innovate How You Apply Technology As we mentioned, NASA has always been known…