LogiSYM Webinars: Supply Chain Visibility – Fact or Fiction?
The webinar attracted more 70 registrations and over 40 live connections, with a continuous flow of excellent questions, comments & feedback from participants. Webinar duration of 48 minutes.
Stephanie Krishnan – key highlights are summarised as follows:-
Opening message – “supply chain visibility is about 2 key areas – accessibility & availability”
1.The areas of Focus for Businesses from IDC:
– Visibility – is looking at the physical inventory, data access up & down chain & transportation.
– Accessibility – is looking at the cloud, meaningful data availability.
– Focusing business continuity & optimisation – leveraging Technology to respond faster.
– Building Business Resiliency with clear roadmap using the “right technology stacks” will gain most.
– Culture change challenge is evident – assess real needs & make collaborative approach to change
2. The Challenges & Actions for manufacturers, moving forward are:
– Prioritise service level agreement, service & product quality, supply chain visibilities & costs.
– Focus to reduce risks – visibility post supply-shock – valuable lessons to be learnt.
– Direct materials & sourcing more localised to reduce exposure – new areas of accessibility & visibility
– Regulatory compliance, sustainability a key point to mitigate supply chain risk.
– Managing complexities in the chain are even more important now then ever.
– Engaging partners is crucial & having a “light touch” solution to engage will be a big “pull-factor”
Closing message – “ supply chain visibility is key for all stakeholders – educating & sharing with partners will lead to stronger collaboration in leveraging new technologies for shared gains”.
Jeff Wehner – key highlights are summarised as follows:-
Opening message – “a lot is happening right now out there & the big challenge is on prioritisation”
1.The Prioritisation approach from Haven:
- Look at organisational debt – in which area are they falling behind & what actions are needed.
- Connectivity & visibility is crucial – all in between big systems (ERPs) is what we can connect to.
- Inter-relationship of visibility, connectivity & accessibility are all vitally interlinked features.
- Architecture is fundamental to know which are crucial the Nodes & how to connect them.
- Change management – stay on program track & monitor milestones – stick to the plan.
2.Delivering the right Solutions:
– Take a more “user-friendly” approach to ensure new technologies are accepted.
– Adapting to new tools & technologies is an important 1st step in the transformation process.
– Apply a simple approach – familiarisation to a new Smart Phone – once mastered, it’s easy.
– Building confidence of using complex technologies will enable higher performance solutions.
– A web-cloud based architecture/infrastructure more effective, easy & fast to access information.
– Aligning of different modules & areas of business will be a value add gain – change the model.
– Interfacing with supply chain partners is using a “light touch” approach from Haven
Closing message – “digitalisation is no longer in question – it is the path for the future. Organisation need to work on how to enact it ? What is the architecture, how do we connect & achieve the connectivity, access & visibility to their business partners”