How to move from reactive to proactive supply chains through technology
Supply Chain Solutioning, Supply Chain Technology, Digital Supply Chain, Supply Chain Planning, Risk Management
A lot of traditional supply chain planning and execution has happened by analysis of historical performance, and whilst there have been advanced statistical models to forecast demand based on historical performance, there is more of a need now to use external data from events monitoring or sentiment analysis to enrich the planning and be able to respond more rapidly to volatility in demand and supply.
End to end supply chain processes are moving to more dynamic processes, to enable a proactive response rather than a reactive one. One of the key criteria is to harness both internal and external data to advance the supply chain resilience and agility. Whilst data and technology are key ingredients, supply chain practitioners need to embrace the new ways of working.
1) What internal and external data can we harness to make supply chains more responsive
2) How can we predict events rather than respond to events
3) What needs to change in the end to end supply chain
Who Should Attend:
Business owners, Chief Supply Chain Officers, Planning Managers and Decision Makers tackling supply chain and logistics concerns in retail, distribution, and manufacturing.
4.05 pm – Opening by Dr Victor Goh, Chief Executive Officer, Supply Chain & Logistics Academy
4.10 pm – “Creating Transparency and Proactive Response Capability Across the Supply Chain” – Kuntha Chelvanathan, APAC Supply Chain and Procurement Transformation Leader, IBM
4.45 pm – Questions & Answers
4.55 pm – End
Date: 29th June 2021, Wednesday
Time: 4.00 pm to 5.00 pm
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