Anupam Pandey

Interesting and inspiring read: Supply Chain Transformation & Resilience --> keeping your eyes on the ball

28

1 Kommentar

BENEFITS OF GLOBAL S&OP PROCESS 1.Balances Supply and Demand Bridge the gap between Supply & Demand Re tweaking unconstrained demand basis supply constraints to make supply plans 2.Cross-functional involvement Sales, Marketing, Supply Chain on one platform Aligning organization planning 3.No Surprises Risk & Opportunity discussion in S&OP giving window for panning for plannable risks 4.One set of Numbers Each function using same numbers for their planning, reducing ambiguity at a later stage 5.Key Business Communication Tool All key business callouts can be raised in S&OP Helps in archiving history

31

3 Kommentare

Avoid These Common #Traps in #Digitalizing #SupplyChainPlanning ➡️…(and How to Solve Them) #Digital #transformation in supply chain planning offers incredible potential, but it also comes with its share of challenges. Here are 10 common pitfalls and quick solutions to ensure your digital supply chain efforts are successful: 1️⃣Over-reliance on #Technology Trap: Relying solely on digital tools to solve problems. Solution: Focus on a balanced approach—technology is just one part of the equation. Invest in skilled people and robust processes. 2️⃣ #DataQuality Issues Trap: Poor-quality data leading to inaccurate planning. Solution: Establish strong data governance, ensure regular data audits, and invest in tools that improve data accuracy. 3️⃣Ignoring #ChangeManagement Trap: Employee resistance to new digital tools. Solution: Develop a comprehensive change management strategy that includes training, support, and continuous feedback to ensure smooth adoption. 4️⃣ #Failure to Customize Trap: Using off-the-shelf solutions without alignment to business needs. Solution: Tailor digital solutions to fit your unique supply chain processes and operational goals. 5️⃣ #Complexity Overload Trap: Overcomplicating digital implementations. Solution: Start small and focus on gradual, modular implementation. Prioritize tools that offer simplicity and scalability. 6️⃣ #Siloed Digital Implementations Trap: Isolated digital solutions without integration across the supply chain. Solution: Focus on end-to-end integration across all supply chain functions to foster collaboration and information flow. 7️⃣ #Inadequate #Skills and Capabilities Trap: Lack of skills required to manage digital tools. Solution: Invest in reskilling your workforce or hire experts in advanced technologies like data analytics, AI, and machine learning. 8️⃣Underestimating Implementation #Costs and #Time Trap: Misjudging the resources required for a digital transformation. Solution: Develop realistic timelines and budgets with a detailed roadmap, anticipating potential setbacks. 9️⃣Failure to Align with #BusinessStrategy Trap: Disconnected digital initiatives that don’t align with broader business objectives. Solution: Ensure that your digital transformation is directly tied to your long-term business strategy and measurable KPIs. 🔟#Security and #Compliance Risks Trap: Increased vulnerability to cyberattacks and non-compliance. Solution: Build cybersecurity into your digital transformation plan from the start and ensure continuous monitoring and compliance checks. Digitalizing your supply chain can be a game-changer, but avoiding these traps will help ensure that your efforts are successful and sustainable. #SupplyChain #DigitalTransformation #SCM #SupplyChainPlanning #ChangeManagement #DataDriven

8

I came across some fascinating insights on the logistics landscape in India that I believe you'll find intriguing as well. India's logistics industry is on a fast track to growth and transformation. By 2025, the market size is projected to reach $215 billion, with a steady growth rate of 10-12% annually. Here's a snapshot of the logistics sector in India: *Segments:* - Transportation: Primarily dominated by Road (60%), followed by Rail (30%), Air (10%), and Water (1%) - Warehousing: Surging demand for modern warehouses, particularly in Tier 2 and 3 cities - Supply Chain Management: Embracing technology and digital solutions for enhanced efficiency - E-commerce: Fueling the need for last-mile delivery and reverse logistics - Cold Chain: Rising demand for temperature-controlled logistics, especially for pharmaceuticals and perishables *Trends:* - Digitalization: Leveraging AI, blockchain, and IoT for operational optimization and transparency - Sustainability: Prioritizing eco-friendly practices and reducing carbon footprint - Infrastructure Development: Government initiatives to enhance roads, ports, and airports - Skill Development: Demand for skilled professionals in logistics and supply chain management - Consolidation: Increasing mergers and acquisitions to build larger and more efficient players in the logistics sector *Challenges:* - Infrastructure: Inadequacies, particularly in rural areas - Regulatory Framework: Complex and varying regulations across different states - Cost: High operating costs due to fuel prices, tolls, and miscellaneous expenses - Efficiency: Inefficiencies in processes and lack of standardization - Scalability: Challenges in scaling operations to meet escalating demands *Government Initiatives:* - National Logistics Policy: Focused on reducing costs and enhancing operational efficiency - Bharatmala Pariyojana: Aiming to develop 83,677 km of roads and highways - Sagarmala: Promoting coastal infrastructure development and water

35

1 Kommentar

Very interesting insights into the next chapter of systems evolution as companies try to unlock value from a myriad of systems and dashboards/metrics as a “signals” overload is ocurring. Welcome to “decision Intelligence”…….

20

1 Kommentar

I am thrilled to announce the publication of my latest article "Supply Chain Renaissance: Enabling Growth and Innovation in Modern Business"! In this piece, I delve into key strategies and emerging trends reshaping supply chain dynamics, paving the way for growth and innovation in modern businesses. You can read the full article here : https://lnkd.in/ghMamGMu This article sets the stage for my upcoming participation in the ET Now Supply Chain Management and Logistics Summit 2024, where I look forward to discussing these transformative ideas in greater detail. Stay tuned for more updates as we prepare to explore the future of supply chain management and logistics together! #SupplyChainManagement #Logistics #Innovation #BusinessGrowth #ETEdge #ETNow #SupplyChainRenaissance  ET Edge ET NOW Dimpal Bajwa Dr. Reddy's Laboratories #Goodhealthcantwait #Wearedrreddys

195

18 Kommentare

ASCM CONNECT 2024 Europe is just in 2 weeks. I'm so proud to received the invite from Peter Bolstorff himself to share my expertise. I'll join both as a speaker and a panelist for SCOR use case symposium with Glenda Maitin, SCOR-P Michael Ginap. Join us in Brussels on june to learn from experts, network with peers and stay ahead of supply chain trends. #ascmconnect #supplychain #proudtobeBD #supplychainmanagement #scormodel

18

1 Kommentar

So simple, but many organizations are reluctant to align and measure the key metrics to ensuring success. Many rely on financial metrics which tend to be lagging measures of performance. Many supply chain leaders struggle to identify the right KPIs to track performance. Follow this checklist to discover the top supply chain metrics for supply chain planning, manufacturing, and logistics processes. Gartner for Supply Chain | #GartnerSC #KPI #SupplyChainPlanning #Manufacturing

25

Suppliers are the backbone for the procurement community. But how do we select and on-board the suppliers? Is it an Ad-hoc activity OR a well thought-off and well-executed strategy? Do you wish to elevate your process of supplier selection? Let us connect. #procurement #purchase #supplychain #sourcing #materialsmanagement

5

1 Kommentar

Grateful for the opportunity to attend the insightful Procurement & Supply Chain LIVE conference filled with valuable discussions on strategic sourcing, AI in procurement, Scope 3, risk management, and much more. A big thank you to the speakers and organizers for sharing such important knowledge and shaping the future of procurement! #Procurement #SupplyChain #Innovation #procurementandsupplychainlive

8

Composite AI and supply chain data governance are the highest impact technology trends for supply chain planning (SCP) leaders. Composite AI: This trend is increasingly important to SCP leaders as uncertainty, complexity and the drive for automation must factor into their plans and objectives. Broadening the portfolio of AI techniques used (rather than seeking a one-size-fits-all approach) is the first step to optimizing and automating SCP activities. Once organizations have a broader portfolio available, they can define and implement composite strategies to leverage the wider variety of techniques. Supply Chain Data Governance: This trend ensures data quality by formalizing the framework in which supply chain data is identified, defined, controlled and accessed, both internally and externally. Establishing or evolving supply chain data governance capabilities is often a preparatory activity for organizations embarking on a digital transformation journey. Relevant, accurate and complete data is necessary to establish trust and encourage adoption by end users.

5

1 Kommentar

Leadership in Supply Chain Management: Building Resilience and Driving Innovation In the modern global marketplace, supply chain management has evolved far beyond traditional logistics and cost-cutting. It’s now a key driver of resilience, flexibility, and continuous innovation. Strong leadership ensures supply chains are not just streamlined but adaptive and future-ready. 🌍📦 Here are 5 essential qualities that define strong leadership in supply chain management: 1. Collaborative Leadership: Supply chains thrive on partnerships. Leading with collaboration fosters strong relationships with internal teams, external partners, and stakeholders, ensuring smooth operations and shared goals. 2. Strategic Foresight: Successful leaders can predict market trends, anticipate potential risks, and devise long-term strategies to stay ahead of disruptions. 3. Empathy & People-Centricity: Beyond processes, supply chains are driven by people. A strong leader shows empathy, understanding the needs of employees, partners, and customers, ensuring a motivated and engaged workforce. 4. Flexibility: Adaptability is crucial when faced with unforeseen disruptions, such as geopolitical shifts or unexpected demand fluctuations. Agile leaders can quickly pivot and implement alternative solutions. 5. Data-Driven Decision-Making: Effective leaders leverage data analytics to make informed decisions. Using real-time data allows them to optimize operations, improve efficiency, and anticipate challenges before they arise. At its core, leadership in supply chain management is about more than just solving today’s challenges. It’s about building resilient systems that adapt, grow, and innovate for the future. 🚀 #Leadership #SupplyChain #Resilience #Innovation #Agility #Collaboration #BusinessSuccess #SupplyChainManagement #Sustainability #Empowerment #BusinessGrowth #manojkumar 

14

1 Kommentar

Two weeks ago, I had the privilege of joining an insightful panel discussion on Supplier Relationship Management (SRM), where we explored the critical role of creating visibility across trading partners. The conversation highlighted the importance of looking beyond just Tier 1 suppliers and extending visibility to Tier 2 and Tier 3 suppliers to ensure a more streamlined and efficient supply chain. A big thank you to Tim and my fellow panelists for the engaging discussion and thought-provoking questions. Building a resilient supply chain means going deeper into our supplier networks to enhance collaboration and mitigate risks.  #SupplyChain #SRM #SupplierDiversity #Inclusion #Leadership #Procurement #PSCLIVELondon #SupplyChain #OperationsManagement Procurement & Supply Chain LIVE Procurement Magazine Supply Chain Digital BizClik

48

1 Kommentar

Navigating AI's Impact: Leadership thoughts from the Teamster Port Strike The rise of artificial intelligence (AI) is transforming industries, promising efficiency and innovation. However, the recent Teamster port strike underscores the human impact of these technological advancements and highlights critical leadership responsibilities. AI's integration into logistics and transportation aims to streamline operations and reduce costs. Yet, this shift often leads to job displacement and heightened job insecurity among workers. The Teamster port strike serves as a poignant reminder of the tensions between technological progress and workforce stability. Leaders must balance the drive for innovation with their duty to support and invest in their teams. The strike emphasizes the urgent need for transparency, communication, fair labor practices, and proactive re-skilling initiatives. Leaders should: 1. Engage in Dialogue: Open channels of communication with employees to address concerns and provide clarity on AI integration plans. 2. Invest in Training: Offer upskilling and reskilling programs to prepare workers for new roles created by AI advancements. 3. Foster Inclusivity: Ensure that the benefits of AI are equitably distributed, avoiding disproportionate impacts on certain workforce segments. The Teamster port strike is a wake-up call for leaders navigating the AI revolution. Balancing technological progress with human-centric strategies is not just an ethical imperative but also a business necessity for sustainable growth.

1

While SRM is a highly sophisticated phrase often heard in the procurement community, it is rare to witness. Most of the time it is a usual Buyer-Seller relationship arising out of the needs of each other to co-exist. While it is perceived that Buyer always has upper hand in such relationship, it is the reverse which is true. It is not uncommon to observe Buyer always fire-fighting even with age old incumbent suppliers. He neither can improve their performance nor can he dump them. What should a Buyer do in such a helpless situation? #procurement #sourcing #purchase #materialsmanagement

4

1 Kommentar

Over 50 Years of procurement experience captured at One Photo. What does it mean to work in a truly Great Team ? 👨‍🏫 Onboarding - stepping into new role may be a deep water dive. However, If You may count on Colleagues who truly CARE and will support You from Day 1, You will start to swim alone in the ocean of Systems, Procedures and Org Chart faster with much less stress to You. 📋 Know-How Exchange - team who regularly gets2gether to collect and share Best Practices and registers Lesson Learnt constantly moves & improves. Idea is simple: Populate what may give synergy and learn to avoid duplicating other's mistakes. 🤝 Sense of Teamwork - celebrate successes, share appreciation or bring individual's challenges to the common table discuss & figure out best-fitting solution. All in All, we all work to achieve the Same Targets as part of One Company, lead by One Mission. 🛡 Back-Up - Keep calm and enjoy Your well-deserved holidays! On the other hand we are all 4 proud fathers. We know what short term & unplanned care leave means. If U may count that burning priority topics will be managed during Your OOO by Teammates, it takes heavy burden from Your shoulders. 🥧 Diversity - Team is like a good recipe. Well-balanced mix of soft skills seasoned with specific expertize & personalities. If combined well together can create a match giving joy & motivation on daily basis. Much glad I may be a part of such Team at #GSK - Global Capex Equipment Procurement Team! #AheadTogether

104

1 Kommentar

Supply chain leaders must stay ahead of disruptions and trends with a data-driven view. Join Gartner expert Marco Sandrone on April 23 to explore how supply chain leaders can use the Gartner Monthly Supply Chain Alert Interactive Tool to review the global data and effectively communicate with internal stakeholders. #GartnerSC #Disruption #SupplyChainManagement #Webinar

8

One does not see any Entry Level roles published for Procurement – neither at the placement cells of Business Schools nor at any Corporates! Grooming the procurement talent is the need of the hour and we are missing on potential talent pools. How do we built the talent pipeline for the future of procurement? In-house resources are always scarce and one need to look outside to onboard the talent. Any views? #procurement #sourcing #materialsmanagement #purchase

6

1 Kommentar

CPOs are under pressure to evolve procurement strategies to create more robust sourcing. Explore Gartner for Supply Chain's 5 approaches for advancing strategic sourcing in your supply chain. #GartnerSC #StrategicSourcing #ProcurementLeaders

1