May 18, 2016 supply chains have been around for thousands of years, but over the past 20 years they have dramatically increased in complexity. Supply chain talent of the future 3 why did the council do it. Interconnected integrating the entire supply chain to better intercept demand signals. Horizontal and vertical integration try smartsheet for free to keep up with slimming margins, increasing competition, and a decreasing amount of differentiation between brands, more and more companies are integrating their supply chains.
It is a trickier question than it might seem at first glance. Benefits of a smarter solution the paper is designed to provide a unique supply chain. Designmethodologyapproach for this global chief supply chain. Accenture strategy supply chain workforce research, 2016 the impact of digital on the supply chain workforce of the future supply chain executives believe digital advances will augment the supply chain workforce. The supply chain organization of the future smarter with. How smarter robots will reshape the future supply chain. As accelerating technology development and widespread experimentation with new operating models lead to dramatic supply chain.
Advancing analytics for the supply chain smarter with gartner. Five technologies that will selforchestrate the supply chain sarwant singh contributor opinions expressed by forbes contributors are their own. Chapter two the smarter supply chain of the future 31 chapter three building the smarter supply chain 55 study methodology 62 acknowledgments 63 about ibm global. We dont mean the near future, but the very distant future. Each year, deloitte surveys supply chain executives to understand their top of mind issues and the actions they are taking to address them. Scenario analysis of smart, sustainable supply chain on the basis of a fuzzy cognitive map. The supply chain economy and the future of good jobs in. Find out more in the new future supply chain 2016 study from the global commerce initiative and capgemini. Advances in robotics and artificial intelligence continue to drive the industry, but nowhere is this more evident than in todays modern supply chain.
May 01, 2015 furthermore, failure to understand the level of human intervention required to manage a supply chain process prevents supply chain strategists from building realistic business cases for advanced supply chain analytics. The rise of ai, big data and increased automation have called into question what the future of work will look like, particularly when it comes to supply chain management. Although this trend is not new, it is more relevant to the future of supply chain management than ever, and its impact is gaining momentum. I believe that the value of services has finally eclipsed the value of the underlying products, and that this portends tremendous changes to supply chains going forward. There are articles which describe what the future of supply chain will be like in 2020, or 2025. Smart future for supply chain management raben group. Interconnected integrating the entire supply chain. Supply chain past, present and future industryweek.
Smarter supply chains, however, will use intelligent modeling, analytic and simulation capabilities to make sense of it all. This primer provides a new way of thinking about the future of supply chainsbringing together the top procurement priorities of leading global businesses and the key forces of change reshaping the very business models that have given rise to global supply chainsto enable supply chain leaders to envision and manage future fit supply chains. Some of the challenges turbulent trade and capital flows, for example represent perennial supply chain worries turbocharged by the recent downturn. Alexandra leonards takes a look at smart glasses and their place in the market. For example, as warehouses are being automated, we will see a significantly increasing amount of autonomous and smart vehicles, and. They challenged our supply chain approach and current paradigm forcing us to take a fresh look at what we do and how we do it. The smarter supply chain of the future researchgate. The smarter supply chain of the future emerald insight. The future will be dictated by the certainty of customer orders, how much inventory is. Imagine what the future will look like in supply chain. Read more on ibms inaugural chief supply chain officer study. Feb 05, 2018 your business is only as strong as your supply chain. Download citation the smarter supply chain of the future purpose the aims of this paper is to show how supply.
As part of the global chief supply chain officer study, the team at ibm spoke with 400 senior executives across the world who are responsible for their organizations supply chain strategies and operations the findings of the study suggest that supply. This primer provides a new way of thinking about the future of supply chainsbringing together the top procurement priorities of leading global businesses and the key forces of change reshaping the very business models that have given rise to global supply chainsto enable supply chain leaders to envision and manage future fit supply. That is why the supply chain of the future needs to be smart. In warehouse and distribution center environments the questions to answer are what problems technologies are going to be best suited to solve in the next few years.
A primer on the forces of change that will reshape supply chains from. As accelerating technology development and widespread experimentation with new operating models lead to dramatic supply chain transformation, companies are suggesting that issues of talent is an area of growing concern. Supply chain of the future honeywell productivity and. Sc digest ibm lays out its vision for the supply chain of the. Supply chain of the future in advance of the recent council of supply management professionals cscmp annual conference in philadelphia, honeywell conducted a survey where supply chain execu. The current and future state of digital supply chain. The fact is smart, fully digitalised supply lines and inventory management systems that think for themselves are still thin on the ground. Jan 05, 2010 the smarter supply chain of the future the smarter supply chain of the future karen butner 20100105 00. Smarter supply chain the role of advanced analytics in. Supply chain supply chain past, present and future. They expect supply chain roles over the next three years. Supply chain of the future, and also served as an author and. A framework for the smarter supply chain ibm smarter business and technology series 2010 jonathan austin.
Smart future for supply chain management print download as pdf daniel rosch, our managing director in germany takes a look at the forces that are changing the face of the supply chain and explains why the demands for speed, accuracy and flexibility are set to increase. This allows companies to work around what life sciences executives cited as their top obstacles to collaboration. One thing is for sure the supply chain of the future will depend on the world of the future. With a digitalized supply chain that can offer prescriptive or even predictive data analytics, we can help our customers make. We have developed the mckinsey digital supply chain compass see figure on next page to structure the main supply chain. Pdf from mba mgtm 32205 at ecole superieure des sciences economiques et commerciales. The future supply chain is expected to provide clear benefits for our society, for the industry, for individual companies, and ultimately for consumers and shoppers.
Drive business alignment and profits with the right strategy. Even with all of the change in information technology, products and globalization we are still working with organization design technology that is 4,000 years old the hierarchy. Supply chain optimization in the field mep has put together an intelligent program that was well thought out and challenging for supply chain management team. Its time to start managing supply chains for the future, not the past march 7, 2018 the future of supply chain management is filled with technologically. The future calls for bolder moves, both strategically and tactically, and for. The future of supply chain management predicting the future of supply chain management is a fools game, but new findings from caps research gives a glimpse into how supply managers are preparing for tomorrow. Jennings director, executive programs and publications caps research introduction globalization is a. As part of the global chief supply chain officer study, the team at ibm spoke with 400 senior executives across the world who are responsible for their organizations supply chain strategies and operations. Across developing countries, nearly twothirds of wage earners in the private sector, around 230 million people, receive their salaries in cash. By building smarter robots through machine learning, companies are reshaping the future of logistics in all facets of the global supply chain. Because the broad consensus of its membership was that the profession sorely needed a fresh infusion of talent. Jun 06, 2017 will augmented reality revolutionise the future of order picking. These systems can reduce labor costs and make your supply chain more efficient and profitable. From intels semiconductors to microsofts enterprise software, the supply chain builds the goods and.
This cryptologic data structure uses a trusted peertopeer network to create digital transaction ledgers which can verify and validate transactions in the p2p process or any other supply chain. Food loss and waste in the food supply chain maryam rezaei is a food technologist at fao nutrition and food systems division esn. Supply chain of the future in advance of the recent council of supply management professionals cscmp annual conference in philadelphia, honeywell conducted a survey where supply chain executives were canvassed about their thinking on a number of pertinent issues, and the results were telling. The first wave of the baby boom was just hitting retirement age, and without enough smart new graduates entering the field, the projected shortfalls were alarming. Considerations for the future 4 as well as when maintenance is required, is where we are today. Todays complexity foreshadows an even more complex future for. What do you think the future of supply chain management will look like. To design a supply chain that is fit to flourish in 2025, supply chain leaders should anticipate how key forces of change will impact their supply chains and look to evolve their supply chain management approaches accordingly. By strengthening their chances of survival through smart sales measures, such as. Supply chain talent of the future findings from the third. Supply chain management in the global context, working paper no.
The future supply chain vision encompasses concepts for infrastructure sharing that go beyond common practices. Instrumented using sensors and smart devices to gain greater visibility, mitigate risk, reduce cost and manage rising complexity. Butner suggest that smarter supply chain has three properties. Those technologies may also impact another area of interest.
In the future we will see predictive shipping, for which amazon holds a patent. The future of procurement in the age of digital supply. Research from edgell communications, mobile technology study 2014, the number one goal of mobile rollouts in 2014 and beyond is to. The supply chain of the future anticipating need the potential for artificial intelligence and big data to affect mobile workforce management is an interesting topic that comes up during customer conversations. Blockchain and business go handinhand when it comes to transparency. Smarter supply chain the role of advanced analytics in optimizing supply chain and managing complexity donnie haye, vice president. May 27, 2008 serving consumers in a sustainable way what does the current focus on sustainability have to do with onshelf availability and costs in the physical supply chain for consumer goods. This primer provides a new way of thinking about the future of supply chainsbringing together the top procurement priorities of leading global businesses and the key forces of change reshaping the very business models that have given rise to global supply chainsto enable supply chain leaders to envision and manage futurefit supply chains.
The aim is to better understand economic flows and to thereby induce a transformation of our supply chains into a stable, climatesmart network that renders our societies less vulnerable to future. Each year, deloitte surveys supply chain executives to understand their topofmind issues and the actions they are taking to address them. Business owners often dont have oversight of who their vendors suppliers are, but technology could help put this to an end by bringing more openness to the supply chain. Visionaries and planners are building strategic, smarter supply chain capabilities. Ibm global business services supply chain management executive report ibm institute for business value new rules for a new decade a vision for smarter supply chain management. A recent report by ibm, referenced by supply chain digest in ibm lays out its vision for the supply chain of the future, makes a compelling argument for how future supply chains should be. Technology is crucial to the development and transformation of a warehouse. Make supply chains climatesmart, nature commentary says. That future, spurred by a rising tide of global uncertainty and business complexity, is coming sooner than many companies expect. Her work includes providing technical support to food loss and waste assessment projects and formulation of national strategies on value chain. Sep 20, 2016 these systems can reduce labor costs and make your supply chain more efficient and profitable. Between 1995 and 2007, the number of transnational companies more than doubled, from 38,000 to 79,000, and foreign subsidiaries nearly tripled, from 265,000 to 790,000. Gain insight into what over 400 senior supply chain executives think about the future of supply chain management.
What happens when the market is smarter than your supply. The supply chain market is becoming more complex in a timeconstrained environment as speed of delivery and user experience emerge as critical factors. The aims of this paper is to show how supply chains can become a lot smarter to deal effectively with risk and meet business objectives. The future of supply chain management supply chain 247. The current and future state of digital supply chain transformation a crossindustry study with 337 executives in over 20 countries reveals expectations on digital transformation. The smarter supply chain of the future the smarter supply chain of the future karen butner 20100105 00. Framework for smarter supply chain v10 jonathan austin. Are we near as good as we are going to get in some areas right now.
1502 1512 1619 572 783 983 655 444 28 1411 934 1151 698 258 1198 1285 590 1613 403 82 734 371 1548 1138 74 1229 92 1041 704 1080 37 1322 381 505 1406 401 165