Check out Parallel Consulting's insights from Gartner's Supply Chain Conference today, September 20th, 2017 in London. Inspired by Gartner's presentations today, we created a slideshow highlighting our favourite parts!
3. Are you prepared for Digital Transformation into
Supply Chain with Blockchain?
ARTIFICIAL
INTELLIGENCE
BLOCKCHAIN
COGNITIVE
INTERNET OF
THINGS
NEXUS
3D PRINTING
DRONES
ALGORITHMS
API
MARKETPLACE
SMART
MACHINES
ROBOTICS
6. The Forces That Will Change the Supply Chain
The Customer Is
One
Digitalisation
Global
Purchasing
Power
Uberisation
7. “Most leading supply chain
organisations consistently take a
maturity-based approach to
designing and executing strategy.”
- Gartner Supply Chain Summit, 2017
8. 5 Stages of Logistics Maturity
• React — Siloed Autonomous OperationStage 1
• Anticipate — Functional Scale and EfficiencyStage 2
• Integrated With the Supply ChainStage 3
• Collaborate — Collaborating With the Value
Chain NetworkStage 4
• Orchestrate — Network Orchestrator of
Profitable Customer ValueStage 5
9. Best Practices to Improve Forecast
Accuracy
Measure Planner Forecast Value-Added
Contribution (FVA)
• Measures Planner Effectiveness
• Empower the Planner
Improve the Consensus Demand Planning
Process
• Established an Annual Cadence
• Conduct a Demand Profile Exercise
Build Accountability for the Forecast
• S&OP Measurement
• Performance Evaluation
Understand Sources of Error
• Measure All the Inputs
Establish a Baseline & Promoted
Volume Forecast
• Invest in a TPM Solution When Ready
• Manage Gaps vs Financial Plan
Shift from Sell-in to Sell-Through
• Measure Sales on Sell-Through
• Invest in Demand-Sensing Capability
Source: Steven Steutermann Insights To Invest In Demand Management at Tools Group UK
10. The Cognitive Supply Chain Journey
Retrieves data faster than
a human can
Connects relevant data
points & provides
predictive insights
Facilitates decision
making based on
playbooks
Drives automation using
trusted recommendations
Source: Gartner Supply Chain Summit, 2017
11. “By 2020, 10% of large enterprises in
supply-chain-dependent industries
will have a CRO position to oversee
the blending of human & robotic
workers.”
- Gartner Supply Chain Summit, 2017
12. How Will AI Impact
the Supply Chain?
- Gartner Supply Chain Summit, 2017
13. AI-Generated Cognitive Insights to Supply
Chain Users
Q: What is the Risk Exposure with Supplier A?
A: Based on social media, historical performance &
financial risk index, the risk is high
Q: Which Team Members to Notify?
A: Tom S. & Anand V.
Q: What Mitigation Strategies to Consider?
A: You could use Supplier X as an alternate
15. Artificial Intelligence is Not Strictly About
Automation…
• Upskill People Through “Advisors”
• Reduce Human Bias
• Simplify User Interactions With
Technology
• Perform Better & Faster Than Humans
In Specific Tasks
• Take Better Actions Over Time, Based
On Experience
• Improve Safety & Accessibility
VS
Augmentation Automation
16. Recommendations from Gartner
Source: Gartner Supply Chain Summit, 2017
• Plan for global demand shifting to emerging economies & supply shifting to
Africa & Southern Asia
• Expect a faster connected economy that must serve expanding customer
choice generated from more fragmented demand points
• Introducing digital technologies to allow your supply chain to differentiate on
its products, services & overall customer experience
• Shift to a talent & organisational strategy that injects new skills into supply
chain & for execution on today’s efficiency goals & experimentation with bold
new ideas for growth
• Anticipate that corporate social responsibility will become a greater factor
impacting shareholder assessment of value & risk
