Analyst Insight: Both the public and private sectors in China are taking bold steps to respond to challenges of the new consumption-driven economy. Government measures, though stuck at a policy level in many cases, are addressing the right issues. At the same time, domestic companies are rising up to meet new demands. In 2014, China will see big changes in its core logistics and manufacturing industries. Some of the top areas seeing change include domestic transportation, distribution, import and export, as well as sourcing. - Jim Serstad, Managing Director Asia, Tompkins International
Analyst Insight: Complex executive priorities and deeply embedded functional tendencies present challenging organizational dynamics to the chemical supply chain leader. These challenges require a combination of operational effectiveness and leadership vision and influence to establish a hierarchy of layered and synchronized governance processes that connect differentiated execution to segmented demand fulfillment strategies. Features of this integrated capability will include supply and demand visibility with analytics that support agile decision making to manage and mitigate complex constraints. - Paul Lord, Research Director, Gartner
Analyst Insight: If the wheels on your vehicle are out of alignment, you're in for a rough and inefficient ride. The same holds true for businesses. Alignment, especially in strategic relationships, gets businesses beyond the initial "yes" that sets a deal in motion"”it aligns the participants throughout the life of the deal, turning it into a smooth and powerful relationship. - Kate Vitasek, Faculty, University of Tennessee's Center for Executive Education, and Founder, Supply Chain Visions
The Defense Logistics Agency partners with LMI in a unique effort to get a handle on those difficult items with high demand variability. A finalist in the 2013 Supply Chain Innovation Award competition of CSCMP and SupplyChainBrain.
Analyst Insight: Theoretically, supply chain transformations deliver a different set of capabilities and outcomes that customers recognize. The reality is that a transformation may simply be a radical or rapid change to the supply chain organization and operations in response to changes in the marketplace. It could be a dramatic reduction in cost or improvement in service to remain competitive. In other words, the outcomes are not necessarily different, just better than the prior state. - Michael Dominy, Research Director, Gartner
The last year has seen much change in the enterprise business process management software market. The U.S. BPM market for 2013 amounted to $65bn and is expected to grow to more than $77bn by 2017. Certain verticals are poised to surpass the expected CAGR of 4.3 percent of market growth. Organizations focusing on BPM will see the largest impacts, as many inefficiencies can be fixed, if done correctly. - Dylan Persaud, Managing Director, Eval-Source
Analyst Insight: Continuous industry, business and customer demands force companies to maintain business processes in permanent evolution. Highly productive organizations strive to achieve a technological edge, business efficiency, and regulatory compliance, which must be assimilated within the organization's operations, to increase and optimize business performance. - Jorge Garcia, Senior Analyst, Technology Evaluation Centers
Analyst Insight: When it comes to supply chain management, "Big Data" has generated more in the way of buzz than it has real benefit. Awash in a rising sea of data, companies still struggle to use it to make better decisions. - Brad Householder, Principal, PwC's Advisory practice; Anand Rao, Principal, PwC's Financial Services Advisory practice; Syed Mukhtar, Director, PwC's Operations practice
Supply-chain veteran (and former logistics executive with Nabisco) Joe Andraski, founder of Collaborative Energizer LLC, talks about his life in supply chain, the lessons he's learned along the way, and his new book detailing his adventures.
Analyst Insight: For many supply chain executives the term analytics is synonymous with reporting and Big Data is a new buzz word. However, when leaders harness new forms of analytics coupled with an understanding of Big Data opportunities good things happen. Here we share some insights from three studies that illuminate the opportunity. - Lora Cecere, CEO and Founder, Supply Chain Insights