City Logistics: Strategies for Effective Goods Distribution in Dense, Urban Areas
Globally speaking, the world is becoming increasingly
urban, with the UN projecting that there will be 41 megacities (over 10 million
residents) by 2030. Goods distribution has a particularly pronounced impact on
the economy, the environment, and the livability of these dense urban areas.
As such, these areas, which are often in emerging
markets, are rarely amenable to the traditional distribution strategies used in
the United States. In this talk, I will
review some of the more innovative strategies logistics organizations have
executed for effectively serving these areas, as well as propose how some of
those strategies could be adapted to the city of Chicago.
Do Good: How Integrity and Sustainability Are Transforming Supply Chain Risk Management
Vendor risk management is often perceived narrowly from the standpoint of the risk of supply chain disruption or reluctantly from the standpoint of legal compliance. However, the evolving marketplace is increasingly forcing us to see our supply chains from the point of view of our customers. While that makes us responsible for protecting our brand image from the harms that can come from the supply chain, it also offers opportunities. James will describe how we need to pay increasing attention to how customers understand our supply chains and explore the ways we can turn that issue into positively impact our companies, our employees, and all the people touched by our supply chain.
How Machine Learning is Making Possible to the Real Time Supply Chain
Today Machine Learning is a game-changing technology with power to extract unprecedented insights from data in real time. Supply chain executives now can “drive” their supply chains in a predictive manner, looking out the front windshield, rather than through the rear-view mirror. To compete in a customer-centric environment, operators now face the imperative to process this data to proactively manage risks and dynamically address changes in demand in real time. This presentation will examine the applicability of cognitive technology as a solution and the challenges to machine learning in the supply chain.
Morning Coffee Break
Find the Leaks in Your Profitability and Fix Them
20% of your business produces 120% of your profits! The rest is “non-profit” or loses money. Which segments drive the profits? Which result in loss?
This session will discuss strategies to:
- Identify these segments
- Retain the best
- Acquire more like them
- Increase profitability on the non-profits and the losers
- Turn losers into winners with Supply Chain innovation
Change Management in Supply Chain - Change is the Only Road to Progress
The entire landscape of supply chain management can be transformed by our ability to rapidly change and accept that change. Too often, corporations concentrate on savings they need to achieve and the steps they must perform; but in the meantime, forget to bring the people along with them on that journey. Expectations have dictated a culture of "Here is our roadmap or new process, now follow it." Accepted behaviors within that culture have also allowed for deviations to the plan and then ultimately a struggle to achieve timelines, realized savings potentials, and clarity in possible innovation. Hindering ourselves to be able to think outside of the box, be collaborative, and innovative is dangerous for progression and growth inside any corporation. The mindset of "we have always done it that way," "I have been here for 20 years and am not changing," or "let's wait another couple years until ___ retires to rollout the project" is no way to protect the corporation's assets. With the push to standardize and reduce enterprise-wide redundancy, having an effective approach to align and move employees along with the movement of the vision and strategy, while not using change management as a scapegoat, will help any organization achieve their goals.
Dollarizing Forecast Error
Depending on their supply chain process maturity levels, some leaders are relatively naïve towards forecast accuracy metrics, while others are able to quote their company's forecast accuracy flawlessly. However, most do not understand and therefore cannot convey the financial value of accurate forecasting within their organization. Most leaders will agree that demand forecasting is a critical starting point and the fundamental basis of almost every aspect of the business - including financial planning, inventory and production planning, distribution planning, market planning, long and short term customer fulfillment, etc. Given the perpetual focus of organizations towards cost control and profitability, it is in all leaders’ interest to get comfortable with the concept of dollarizing forecast error.
Manufacturing Technology – Developing a Master Plan
Milbank Manufacturing is a 90 year old family business focusing on electrical enclosures and metering products. One of the 2017 strategic initiatives was to develop a Manufacturing Technology Master Plan. The intention was to have a prioritized plan to implement tools and technology to enhance quality, decrease costs, add capacity and enable new capabilities. This was accomplished with a highly engaged cross-departmental team. This presentation will outline the steps to the process, keys to development, reviews, approvals, final product and the implementation plan.
Indirect Sourcing Metrics Beyond Savings
Driving Indirect Strategic Sourcing value through collaboration, both internally and externally in areas of Efficiency, Innovation, Risk and Alignment.
Afternoon Coffee Break
Panel Discussion: Women in Supply Chain
Hear from women supply chain and procurement leaders who will share their insights regarding their career journey in the industry, efforts to attract, promote, and retain women in supply chain roles in their organization, and the future of supply chain. Participants will also have the opportunity to ask questions to our panelists, and discuss opportunities and challenges.
Deborah Avalos, Strategic Sourcing Manager, Northwestern Medicine
Kathy Olsen, Director of Supply Chain, Castle Metals
Carol Lindee, Assistant Professor - Logistics, Supply Chain & Analytics, University of St. Francis
Light Breakfast and Registration
Reinventing Supply Chain TOPS - Technology, Organization, Process, Structure
The changing competitive landscape may cause gaps to develop between a company's Supply Chain and its business and operation profile. While Lean Six Sigma provides a rich body of concepts and techniques for continuous improvement, such gap or misalignment can only be largely mitigated if not totally eliminated by reinventing the four foundational pillars of Supply Chain. This presentation explains how one company has used a different methodology to visualize its Supply Chain gaps. The result highlights the most important areas where this firm should focus its transformation effort. Examples will also be discussed to demonstrate what the company has done so far to drive changes in the core of its Supply Chain practices including the management of risk, distribution, inventory, quality and planning.
S&OP: Creating the Planning Culture
Presentation details coming soon!
Exciting Developments in Supply Chain: From Performance Optimization Analytics to Blockchain Experiments
This presentation will highlight some exciting developments in the supply chain area. Dr. Gurram Gopal will discuss some of the decision models that are easy to implement and that can deliver performance improvements today. Dr. Gopal will also discuss the future of supply chain, as well as some of the interesting work in Blockchain technologies.
Morning Coffee Break
SKU Rationalization: Getting to Happier Customers, Aligned Teams and Efficient Operations
SKU rationalization is a crucial aspect of the overall assortment strategy, especially in a retail or distribution environment. If done well, it can provide several operational efficiencies while positively impacting sales. Reinhart Foodservice, the food distribution arm of Reyes Holdings has implemented a very successful cross- functional data-driven approach to SKU rationalization that focuses on making customers successful by presenting them with better options to slow selling items. This approach is enhancing Reinhart’s ability to offer a large assortment of exciting new SKUs to delight customers. Simultaneously, it is helping lower warehousing costs, inventory levels, mispick rates and other losses.
Leveraging Technology and Data Analytics to Improve Visibility, Performance Excellence, and Integration in Healthcare Supply Chain
The presentation will talk about the use of technology and the three main types of data analytics (descriptive, predictive, and prescriptive) in health care supply chain management. Examples on how utilizing technology and analytics helped in improving visibility, performance excellence, and integration across the hospital supply chain will be presented. The presentation will focus on inventory management, but will also address other areas in the supply chain. Challenges such as growth and acquisition, silos, maintaining team engagement and buy-in, etc. will be discussed.
Practical Approach for Improvements in the Extended Supply Chain
This session will present fail points and successful approaches in key areas of Supply Chain improvement, as derived through actual industry learning over the last 20 years.