Maslow’s Hierarchy of Supply Chain Needs: Digital Transformation Strategy

Posted by Peter Nilsson     Jun 11, 2019 11:16:10 AM

We recently discussed how Maslow’s Hierarchy of Needs (the psychological stages of human growth) applied to the supply chain (business growth within the industry). This evolution is closely linked with a digital transformation, which itself can be mapped according to a similar journey of fulfillment.

The guiding principles are the same: growth requires building one fundamental layer at a time in order to achieve full potential. Just as businesses must build their capabilities and networks one stage at a time, so too does a digital transformation strategy require various upgrades in technology and innovation to enable new business models through previously unimaginable functionality.

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Peeling Back the Onion: Choosing a Software Provider With Due Diligence (V)

Posted by Bryce Boothby     Jun 4, 2019 9:22:33 AM

Both the digital transformation and each software provider are multi-faceted, so think of these next stages of the discovery process as ‘peeling back layers of the onion.’ The surface layers involve understanding each vendor’s capabilities and bid components. Slightly deeper are the back-end particulars of the transformation; your team will be focusing on everything from the platform to the financial and commercial terms to ensure the products and services you choose align well with your priorities and that the rollout will be feasible and smooth.

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Key Takeaways From the Gartner Supply Chain Executive Conference | Phoenix, AZ, May 2019

Posted by Buck Devashish     May 21, 2019 2:30:14 PM

The Gartner Supply Chain Executive conference continues to evolve in both scale and content. This recent one, as Gartner noted, was the biggest one to date. So much so, that Gartner will now be converting the supply chain summit to its larger symposium format starting in 2020.

For seasoned attendees who might recall when this used to be the AMR Research Supply Chain Executive conference, it may feel strange to venture anywhere other than Phoenix in May. But if this event was a testament of what’s to come, Orlando 2020 will be something to look forward to.

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May the Fourth be With You: How to Become a Jedi Knight in the Supply Chain Universe

Posted by Sophia Shats     May 4, 2019 7:24:46 AM

Fans of Star Wars are familiar with the concept of the Force: an energy field that can be tapped into, that gives a Jedi their power. In the supply chain universe, the Force is like the inevitable progress of technology. A seemingly limitless pool of potential we tap into and are empowered by to not only better handle the pressures and challenges of the ever-evolving industry, but to pioneer that very change and transform the world as we know it.

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How Do You Qualify a Software Vendor? (IV)

Posted by Bryce Boothby     Apr 30, 2019 9:39:42 AM

Knowing what you want and how to convey it is only half the battle. There is still an overwhelming number of software vendors to choose from, with differing specialties, many of whom offer variations on the same solutions. With so many options and variables to weigh, how do you qualify vendors based on your priorities and what does it take to earn them a seat at your table?

Here is how I like to approach the process, based on what’s worked for me.

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Maslow’s Hierarchy of Supply Chain Needs: How to Become an Industry Leader

Posted by Peter Nilsson     Apr 24, 2019 10:08:55 AM

Chances are you’re familiar with the renown Maslow’s Hierarchy of Needs. The psychological theory attempts to map out the stages of human growth, starting with physiological needs, like food, shelter, and safety, and moving onward and upward to love, belonging, esteem, until culminating in self-actualization.

The hierarchy is conceived as a pyramid with the basic needs at the bottom; to advance, you must first meet the requirements of the previous level. In other words, starvation takes precedence over safety. Most won’t have the bandwidth to sustain meaningful relationships if they feel unsafe, and they probably won’t reach their full potential if they lack self-esteem.

The same can be said about a business’s growth and development.

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Know What You Want & How to Ask for It (III)

Posted by Bryce Boothby     Apr 2, 2019 8:52:53 AM

Approaching a digital transformation can seem daunting. There are many considerations and software providers, so how do you determine which solutions are best? After assembling a small, cross-functional team, outline a strategic approach for summarizing your intentions and highlighting priorities for the initiative.

In the following sections, we’ll discuss how to effectively approach the task and apply your decisions to the vendor selection process.

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Why Simply Good Isn’t Good Enough (I)

Posted by Bryce Boothby     Feb 6, 2019 8:47:11 PM

Having spent over 25 years in the supply chain industry, I noticed that while companies diligently assess their performance and capabilities, they are often unmotivated to improve as long as they do better or earn more than the year before. Satisfaction with small, incremental gains is a setback. The mindset usually stems from the presumption that additional growth demands significant spend, time, resources, and disruption.

In light of this, I’m launching a blog series to relate my perspective as an actual practitioner who has evaluated, selected, justified, and implemented software solutions for e-commerce fulfillment, warehouse management, supply and demand planning, transportation and logistics management, supply chain control towers, reverse logistics, and depot repair. There’s a lot of misunderstanding surrounding the process of systems upgrades, why they are necessary, and what it takes to set them in motion.

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3 Ways Control Towers Drive Profitability for Logistic Service Providers

Posted by Martin Verwijmeren     Mar 1, 2018 10:20:00 AM

The customer demand economy has permanently altered supply chain and in turn, it's forced supply chain leaders to search for answers. From better supply chain visibility to supply chain orchestration, companies are searching for ways to be quicker, more efficient and more agile than ever before. In turn, they have realized that they can't do this alone and have moved toward utilizing strategic partners to help them figure out how to transform their supply chain strategy.

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The 3 Stages of Supply Chain Visibility

Posted by Martin Verwijmeren     Feb 8, 2018 11:55:36 AM

The definition of Supply chain visibility has evolved more than any other term in supply chain. From track and trace to multi-tier inventory, supply chain visibility is used to describe improvements in how we use data to track and make better decisions in our supply chain.

Today, we would like to talk about end-to-end supply chain visibility and how organizations are using supply chain orchestration in order to get real-time actionable visibility into the orders that are being executed throughout their end-to-end supply chains. This is key.

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3 Stats That Stress the Need For Supply Chain Orchestration

Posted by Martin Verwijmeren     Nov 3, 2017 1:39:28 PM

As organizations move forward with determining how to transform their supply chains, it’s critical to understand that successful supply chains aren’t driven just by more investment into static resources but about agility in the way that we use our assets, investments and partners. The one constant we know is that business changes will happen and these changes will have a direct impact on our supply chains increasing the need to adjust and adapt quickly to drive cost efficient and customer focused practices.

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5 Essential Elements of the Modern Control Tower

Posted by Martin Verwijmeren     Oct 27, 2017 9:18:06 AM

Supply chain control towers are often misunderstood and the term control tower itself can mean different things from different vendors. We have tried to categorize the control towers you’ll see from analytics to operational control towers in previous posts and today we want to focus on the innovation that is happening with control towers focused on the end-to-end supply chain.

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10 Signs of Supply Chain Transformation from CSCMP Edge 2017 (Part 1)

Posted by Martin Verwijmeren     Sep 28, 2017 1:35:46 PM

This year's CSCMP Edge conference was as lively as ever with deep discussions and conversations with and between attendees on how we can continue to evolve, transform and innovate the supply chain discipline. Through my attendance of several sessions, speaking to practitioners in attendance and networking with other technologists in the expo hall, it's obvious that supply chain is in an incredibly exciting place to drive business value.

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8 Sessions To Attend at #CSCMPEDGE 2017

Posted by Martin Verwijmeren     Sep 20, 2017 12:39:39 PM

We are less than a week away from this year's CSCMP Edge event in Atlanta and I'm excited to attend this year's show. I will be there with Brian Hodgson and Chris Giovino from the MP Objects team (Booth #1031) to discuss supply chain orchestration with all of the supply chain leaders who will be at the event.

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Are Reducing Cost and Enhancing Customer Value Mutually Exclusive in the Supply Chain?

Posted by Martin Verwijmeren     Sep 14, 2017 2:27:57 PM

Over the past decade, supply chain leaders have increasingly been asked to reduce the cost associated with fulfilling of customer orders on-time and in-full. However, in most cases, they have been asked to do so with less funding while the quantity of orders has increased. Let’s face it; that is tough position to be in.

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