FutureChain

Master class on innovation. Footwear and apparel supply chain to surprise and delight customers 2:47. Innovation at PVH to build in sustainability to dress shirts with Unify 3:55. Influence and negotiation to build global supply chain for 10M units of “whiter white” fabric 7:23 (largest sustainability success story). ROI of top line sales and market share 8:07. Challenge of operating in real time addressed by influence from “legal to landfill” 10:11. Apparel and footwear as a relationship business 12:03. KPMG model to drive innovation connected to strategy, mission and vision 12:30. Consumer centricity 17:20. Ecommerce penetrations of 20-30% 18:43. COVID impact on supply chains 19:48 (cancellations, sell-offs of raw materials, closure of factories, pent-up demand). Responding to increased demand from K-shaped recovery 25:23. Dollar General opening 1,050 doors to address value end of consumer-base 28:15. Concept of circularity 28:48. The “messy middle” 29:20. Digital transformation through connected product and connected experience 29:54. Product as a service as illustrated by Lululemon’s white space division/acquisition of Mirror driving new revenue streams 35:55. AI & ML in supply chains is ubiquitous as illustrated by Stitchfix demonstrating that brands know their consumers 41:29 (Shelly Palmer futurist). Super Apps in China demonstrating tradeoffs of privacy vs convenience 44:43. Singularity ushering in AI 45:49 (Tim Urban podcast “Wait, but why?”). Supply chain ecommerce solutions, including social prospecting, to identify consumer intent 53:04. Supply chain optimization tools (C3, IBM Watson), including automated manufacturing to lower operational costs 56:52. Speed over cost 1:00:24. Circularity as illustrated by fast fashion making new fiber from old fiber 1:02:09. Upcycling 1:05:32. Value chain of the future to meet customer expectations 1:06:25. Ambient computing (EA, FIFA, Adidas & Google gamification) 1:10:22. Strava 1:13:13. COVID as an accelerant for supply chain innovation powered by 5G (voicification, shoppable closets, real-time holograms in store, etc.) 1:15:12. Importance of closing the digital divide 1:18:44.

Building solutions for Logic’s clients. 

Retail supply chains 3:56. Omni-channel for top-line growth 6:49. Holiday retail 7:58. Optimizing processes for demand forecasting 8:42. AI analysis for demand planning/forecasting 9:47. Curbside retailing 11:21. Supply chain optimization 13:30. Right product, price, inventory 14:41. Leveraging existing investments in tools and solutions to maximize ROI 15:34. Internal processes vs external partners 19:10. Finding ‘best of breed’ solutions to offer customers omni-channel options 20:35. Breaking down the omni-channel experience 22:17. ‘Headless approach’ 26:26. Digital transformation for frictionless commerce 27:16. Importance of “fixing” data 27:58. Case studies (improved efficiencies resulting in savings of $4M/yr) 30:51. Exposing inventory to a customer, wherever they are 33:07. Importance of platforms over point solutions 33:47. 10x ROI targets 36:28. Pandemic impact on retail 37:13. Differentiating against Amazon 38:32. Transforming malls into online marketplaces 39:30.

Early and late-stage supply chain investing in software and hardware. 

LeanLogistics 2:24. Kiva Systems (robotics) 2:55. Steelwedge (supply chain planning) 3:09. Optiant (inventory planning) 3:20. Macropoint (supply chain visibility) 3:28. Llamasoft 3:34. Shipmonk 3:41. Pre-COVID investing climate 4:59. Virtual brokerage of freight 5:23. Ecommerce logistics 5:28. Blockchain, robotics 5:30. Flexport valuation $1B Softbank investment 5:38. AI/ML supply chain decision-making for optimization/efficiency investment theme 6:12. COVID impact on investing 7:35. Crisis, normal, crisis product development cycle 8:39. Supply chain disruptions/adjustments to COVID 10:22. Shifting sourcing and distribution 10:37. Real time data challenges for legacy systems 11:27. AI/ML decision-making systems sitting on top of legacy systems 13:20. LeanLogistics first Saas/TMS solution 14:36. Different ERP systems for different functions 16:01. AI/ML impact on supply chain, FANUK robots building robots 17:00. Levidata using AI to identify pricing seasonality 18:15. Wise Systems 18:47. Criteria for assessing investments 20:35. True Load Time 21:37. Investment assessment, existing vs new companies, post-COVID 24:31. “Don’t listen to Steve Jobs” 26:02. 12-month trends 29:02. Taking care of the workforce 30:29. Forecasting a challenge in this climate 31:46. Ecommerce is 40% of retail in UK 32:18. $20B invested in supply chain, $27B in AI, last year 33:15. AI importance to autonomous vehicle functionality 34:46. Elevation of supply chain leadership 36:32. Importance of organizational inclusivity 38:09. Winners and losers going forward 39:39. Is globalization dead? 42:10. Domestic labor can compete when industry is labor-intensive 42:48. TSMC US manufacturing for Apple chip 44:42. How will immigration limits impact supply chains? 49:01. Strategic reserves over nationalization of supply chains 53:27. Investment focus going forward: real-time data; accelerating process automation; execution and planning apps; AI/ML-based tools; sustainable and resilient supply chains; integrating robotics and AVs into supply chains 55:15.

COVID-19 has reset the bar for food chains. Consumer confidence in the safety of our food chains is damaged, both in terms of those buying products and those manufacturing the products (think meat). The US FDA has gone all in on their New Era of Smarter Food Safety plan, which pushes technological advances and requires significant traceability reporting across 16 categories of fresh foods. Many countries are using this FDA work as a template for their own regulatory bodies, including Australia and the EU. Persequor is co-leading a new effort at USC to drive technology and food safety.

Persequor overview 3:14. How the food supply chain has been disrupted 3:51. Job losses and gains 5:10. Bullwhip effect 5:58. Food regulation 6:52. Uniform global set of standards for tracking and tracing 10:49. Consumer confidence in food safety impacted by education on risks 13:19. Pork production in Europe and how it differs from US 15:15. USC consortium for food safety 17:09. Restoring consumer confidence in Europe 18:01. Food manufacturing plant changes to adapt to COVID, most significantly impacted by regulation 22:26. FDA Smarter Food Safety Plan for 16 food categories 23:42. Technological advances from FDA plan, slow in food supply chain 24:58. Traceability in food safety planning 28:07. Sharing data across supply chain 30:11. EU “Farm to Fork” framework adopted from FDA 32:06. Australia adopting FDA framework 33:01. GS1 and EPCIS traceability 34:25. UN Sustainable Development goals, food waste 35:06. Developing countries rapidly adopting digital 38:41. Avoiding recalls with tracking and tracing 39:39. Legacy vs. new SCM tools 41:50. Importance of change management and leadership in adopting solutions 44:07. Five ‘Moonshots’ bit.ly/3bGcA22 (p72) for improving supply chains in a post-COVID world 46:33.

How to plan the production of an antigen and carry a vaccine through a cold chain.
What is an antigen and a cold chain 4:44. Production planning 20:15. Materials Requirements Planning 21:12. FDA has to approve sourcing of compounds 22:28. Trial process 23:12. Uncertainty of batch production process 28:19. Dealing with live materials 31:35. Production challenges 32:23. Determining quantity for clinical trials 34:30. Cost structure of drugs 35:35. Distribution network 37:14. Leveraging machine learning/AI, blockchain, RFID 42:36. Protecting patients 47:29. Maintaining strict temperature controls 50:17. Recall/reverse supply chain 52:30. Making sure opportunities to vaccinate are not missed through risk management 54:28. Theory of constraints 56:36. FDA can take over a factory 57:45. Weighing protecting patients against the demands for a vaccine in a pandemic 59:16. Timeline for a vaccine 1:00:30. Lean manufacturing 1:01:34. More inventory, more redundancies 1:04:18. Impacting people’s lives 1:05:36. Transparency and trust 1:06:58.

Supply, device and testing demand 4:10. Emergency Response Inventory Services Fulfillment Provider model 9:45. Financial epidemic caused by supply chain disruption 12:04. Amazon as a potential services fulfillment provider 14:04. McKesson, Amerisource, Bergen and Cardinal Health 16:15. Financial liquidity, Cares Act 20:09. Using predictive analytics, special analytics and machine learning for forecasting 23:30. Amazon fulfillment 24:18. Shaping demand 24:38. N95 Project 27:13. Blue Wonder 30:07. SAP, Oracle, Epicore, Infor/Lawson and Altryx 30:21. Tableau, Qlik and Power BI 31:31. Lean methodologies and six sigma 31:54. AI, analytics and integrating systems 33:16. KPIs to match business priorities 35:28. Altryx webinar on how to use descriptive and spatial analytics to locate hospital, inventory, testing center 41:13. Asset utilization 43:07. Using forecasting to repurpose empty hospital beds 44:45. Using spend analytics to identify most valuable suppliers 46:28. Using predictive analytics for collaborative demand forecasting 49:18. Using analytics to understand maverick buying 52:30. Using analytics for continuous improvement 54:34. LinkedIn article: https://rb.gy/n9r9f7.