In this episode of the Industrial Insights podcast, Justin Smith and Ralph Asher delve into the complexities of supply chain management, discussing current challenges, the role of automation, and the importance of data analytics. They explore how companies can optimize their supply chains through effective modeling and decision-making, while also addressing the implications of nearshoring and the evolving landscape of logistics. Ralph shares insights from his experiences at General Mills and Target, emphasizing the need for collaboration and problem-solving in the industry. The conversation concludes with advice for aspiring supply chain professionals and reflections on recent trends in the field.

 

Key Takeaways

• The importance of personal growth in professional settings.
• Navigating challenges can lead to unexpected opportunities.
• Building relationships is key to success.
• Reflection on past experiences can guide future decisions.
• Embracing change is essential for development.
• Collaboration can enhance problem-solving capabilities.
• Understanding different perspectives fosters better communication.
• Setting clear goals helps in achieving desired outcomes.
• Learning from failures is crucial for growth.
• Maintaining a positive mindset can influence outcomes.

 

Chapters

• 02:13 - Current Challenges in Supply Chain Management
• 05:25 - The Role of Automation in Supply Chains
• 08:51 - Understanding Client Needs and Demand
• 10:31 - Data Collection and Analysis in Supply Chain
• 13:22 - Exploring 3PL Options and Cost Structures
• 15:48 - Warehouse Automation and Its Implications
• 18:17 - Modeling Techniques and Best Practices
• 21:00 - The Future of AI in Supply Chain Modeling
• 22:43 - Trends in Data Utilization and Analytics
• 27:37 - Nearshoring and Its Impact on Supply Chains
• 30:12 - Lessons from Experience in Major Corporations
• 33:55 - The Importance of Collaboration and Problem Solving
• 35:57 - Advice for Future Supply Chain Professionals

 

Resources

Connect with Ralph Asher

• https://www.linkedin.com/in/ralphasher/ 
• https://datadrivensupplychain.com/

Connect with Justin Smith

• https://smithcre.com/
• https://www.lee-associates.com/
• [email protected]
• https://www.linkedin.com/in/justinbsmith