How real is big data analytics when it comes to managing supply chains?

This blog is aimed at Supply Chain leaders and their business teams. It is intended to help you understand where supply chain and big data come together as practitioners in these disciplines currently have limited understanding of the other side. 

What is big data?

While the term big data is hyped big time by technology vendors, most supply chain leaders and their business teams do not understand the concepts and opportunities well given the misdirection from technology vendors. Most technology vendors attempt to dazzle their audience with the ever growing data volume and the speed with which they can sift through the volume. What they don't know or forget to tell you is that most supply chains do not have an issue with volume. The real challenge lies with the variety and velocity of data for which you require solution providers that get the supply chain problem and its vertical context, not vendors with a one size fits all approach to big data platforms and solutions. 

This blog is written by Ashutosh Bansal.

You can read the full blog here

Modern Supply Chains: How to Disrupt and be Unstoppable

It's a challenging world out there for supply chains in terms of modern business environment they operate in. It's incredibly hard to segment and accurately forecast the Omni-channel Consumer demand. Combine the demand volatility challenge with the complex and fragmented trading partner network that needs to service this volatile demand signal fast and profitably, and you have the recipe for persistent chaos on your hands.

The demand from Main Street Consumer for personalization & speed coupled with the demand from Wall Street Investors for economic profit is posing unique challenges for modern supply chains. It's no longer enough to deliver incremental cost optimization, the Chief Supply Chain Officer needs to do that while enabling new revenue streams and market share capturing capabilities from the supply chain. Digital revolution is upon us in terms of enabling growth oriented new models to deliver what Gartner refers to as Bimodal Supply Chains: ones that can deliver cost efficiency and revenue growth simultaneously.

This blog is written by Ashutosh Bansal. 

You can read the full blog here

Drinking Supply Chain Control Tower Kool-aid?

There is much hype about Supply Chain Control Tower in the ISV community as all the big guns race to build their version of the holy grail. As we see it, not all control towers are designed or created equal.   There is a wide range of how software providers understand the idea and their ability to deliver software in the mid term. Sure, it's a big idea that finally has legs. The unprecedented levels of volatility demands a fundamentally more dynamic planning & response management paradigm that is network wide, not within the enterprise four walls. Making course corrections in real time with plans & assets that are in-flight indeed has great potential to cut waste and boost profitability. However, this requires network wide visibility & alignment as well as tightly coupled planning and execution across the entire network - which is a big ask. Read more. 

Still planning with spreadsheets? Next Generation Business Planning is here.

As we review the world of business planning, we see that most organizations are still stuck with planning using offline spreadsheets. The agility and connectedness needed to keep the alignment across the enterprise given the turbulent demand is a huge challenge in the static world of disjointed offline spreadsheets. So, how do we move past budgeting, planning, and forecasting being largely disjointed activities, and enable organizations to reforecast often with minimal effort. This is where next generation business planning in the cloud comes in. Read more.

Omni-channel Commerce: why it is not such good news for supply chains and what you need to win.

Supply chains have survived the last 20 years with an incremental operational efficiency mindset. You were OK so long as you could do it just a bit faster and cheaper this year. The rules of the game have now fundamentally changed with omni-channel and products that go viral overnight thanks to social media. Combine this with ever-increasing customer expectations of product availability and fulfillment speed and improving your game approach will no longer cut it, you need to fundamentally change your game. Read more.