The UnStoppable Supply Chain Architects....WAMDA Choice

       
  

 As we all know , we have zillion of websites that talking about everything. And we have no time read them all .. So WAMDA thought about a Digital update that contains only the top thoughts in the fields WAMDA Professional at. 

With 2012 right around the corner, supply chain managers are reviewing next year’s plans, fine-tuning strategies, making budgets and thinking about possible technology investments. To complete this laundry list before the New Year begins, it is important to have a forecast of what’s to come.
Below are Mark Woodward’s, CEO of E2open, list of the top five supply chain trends of 2012 to help supply chain managers prepare for what’s to come in the New Year.

1. Exceptions are the new normal – 

• Factors beyond our control influence the supply chain- the economy, natural disasters, defective parts. 
• Complete visibility into your supplier, and your supplier’s supplier, is required to respond and resolve issues as exceptions arise.   
• As  competition continues to raise the bar, this capability is not just an operational essential for brand owners, it’s a strategic fundamental. 

2. Shift from “planning on History” to “execution is key”– 

• The natural disasters that took place in 2011 taught us that no matter how much planning you do, execution is what pays the bills.
• In 2012, supply chain managers will focus more on strategies to ensure products are being delivered using real-time information, not yesterday’s plan. 
• Collaborative execution is key to this approach

3. Rapid resolutions driven from trading network partners – 

• Excel spreadsheets don’t serve any more for fast global supply chain networks.
• More companies will begin investing in technology that can help businesses communicate changes with their suppliers and partners for fast responses to changes in forecasts, orders, inventory and other key data points.

4. Monitoring of trading networks

• It’s about the continuous monitoring of trading networks. 
• Don’t assume existing algorithms will automatically produce the right answer, if anything we have found that it’s about the people and knowledge in the networks to harness creativity and respond to unforeseen situations.

5. Connection of digital and physical supply chains  

• Digital and Physical Supply Chains will continue to connect more this year. 
• Integrating the digital and physical supply chains will deliver faster, more efficient execution of products and services. 
• Companies that wants to Survive need a plan that considers both components.

                                                                                             Edit & Summarized by WAMDA Team
                                                                       W.M. Dec-2011

thanks to the orignal article from Kevin Scarpati