Morten Johansen’s Post

🌍 Resilience & Agility: The Future of Supply Chain Management 🚛💡 In today’s fast-paced, unpredictable world, supply chain leaders are facing challenges like never before. From global disruptions to fluctuating consumer demand, the need for a more resilient and agile supply chain has become clear. Here are some key trends reshaping the industry: 1️⃣ Digital Transformation: Leveraging AI, machine learning, and real-time data for smarter, faster decision-making. 2️⃣ Sustainability: Reducing the carbon footprint and building eco-friendly, transparent supply chains. 3️⃣ Risk Management: Diversifying suppliers and implementing risk-mitigation strategies to stay ahead of disruptions. 4️⃣ Collaboration & Partnerships: Strengthening relationships with suppliers, distributors, and even competitors to create a more integrated, efficient system. Now more than ever, supply chain isn’t just about moving products – it’s about moving businesses forward. 🚀 How is your organization adapting to these changes? #SupplyChain #Logistics #DigitalTransformation #Sustainability #RiskManagement #Innovation

𝕊𝕦𝕡𝕡𝕝𝕪 ℂ𝕙𝕒𝕚𝕟 ℝ𝕚𝕤𝕜𝕤 𝕄𝕒𝕟𝕒𝕘𝕖𝕞𝕖𝕟𝕥 𝓣𝓱𝓻𝓮𝓮 𝓴𝓮𝔂 𝓽𝓻𝓮𝓷𝓭𝓼 that have made supply chains more unstable in recent times: ·   𝓒𝓸𝓷𝓼𝓽𝓪𝓷𝓽 𝓒𝓸𝓷𝓯𝓵𝓲𝓬𝓽: Ongoing geopolitical tensions & flash points near shipping choke points (e.g., U.S.-China relations, Middle Eastern instability) disrupt global trade, especially near critical routes like the Suez Canal & Taiwan Strait. ·  𝓓𝓮-𝓖𝓵𝓸𝓫𝓪𝓵𝓲𝔃𝓪𝓽𝓲𝓸𝓷 & 𝓣𝓻𝓪𝓭𝓮 𝓡𝓮𝓼𝓽𝓻𝓲𝓬𝓽𝓲𝓸𝓷𝓼: Trade barriers & economic nationalism mean higher costs or reduced market access compelling supply chain redesigns, such as nearshoring and onshoring & avoid reliance on volatile regions. This shift entails large capital investments & impacts production, product design, and strategy. ·   𝓢𝓾𝓼𝓽𝓪𝓲𝓷𝓪𝓫𝓲𝓵𝓲𝓽𝔂: Companies are under increasing pressure from various stakeholders to ensure their supply chains meet sustainability standards. Sustainability violations can disrupt operations and harm corporate reputations. 𝕄𝕚𝕥𝕚𝕘𝕒𝕥𝕚𝕟𝕘 𝕊𝕦𝕡𝕡𝕝𝕪 ℂ𝕙𝕒𝕚𝕟 ℂ𝕣𝕚𝕤𝕚𝕤 𝓐𝓬𝓬𝓮𝓹𝓽 𝓽𝓱𝓪𝓽 𝓟𝓻𝓮-𝓹𝓪𝓷𝓭𝓮𝓶𝓲𝓬 𝓜𝓸𝓭𝓮𝓵 𝓲𝓼 𝓖𝓸𝓷𝓮: The JIT model is no longer viable due to global instability. When competitive race is intense, companies have to balance instability with buffer inventory, accepting an extra burden of working capital on their backs. 𝓛𝓮𝓿𝓮𝓻𝓪𝓰𝓮 𝓣𝓻𝓪𝓷𝓼𝓯𝓸𝓻𝓶𝓪𝓽𝓲𝓸𝓷𝓪𝓵 𝓣𝓮𝓬𝓱𝓷𝓸𝓵𝓸𝓰𝔂: Use AI & real-time data to predict and mitigate risks like identifying and evaluating potential partners & predict risk (for example, by detecting early warnings of financial distress at a supplier & propose risk-mitigation strategies based on scenarios. 𝓒𝓻𝓮𝓪𝓽𝓮 𝓕𝓵𝓮𝔁𝓲𝓫𝓵𝓮 𝓢𝓾𝓹𝓹𝓵𝔂 𝓒𝓱𝓪𝓲𝓷𝓼 𝓕𝓲𝓷𝓪𝓷𝓬𝓲𝓪𝓵:  Strengthen financial tools, reduce working capital, & expand margins through efficiency, pricing, and sales force effectiveness, along with better sales and operations planning. 𝓞𝓹𝓮𝓻𝓪𝓽𝓲𝓸𝓷𝓪𝓵 : Invest in automation, modular product portfolios, back up sources for costly or critical components and develop diverse suppliers. 𝓞𝓻𝓰𝓪𝓷𝓲𝔃𝓪𝓽𝓲𝓸𝓷𝓪𝓵 : Create a learning culture, cross-train employees, and use agile teams to quickly adapt. Ultimately, CEOs need to move beyond traditional oversight and actively engage with supply chains to reduce vulnerability and capitalize on opportunities. Courtsey : Article HBR #supplychain #logostics #supplychainmanagement #supplychainsolutions #supplychaintech

🎯 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧 𝐄𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐜𝐞: 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐮𝐜𝐜𝐞𝐬𝐬 🚀 🔢  𝑫𝒊𝒅 𝒚𝒐𝒖 𝒌𝒏𝒐𝒘? 𝑪𝒐𝒎𝒑𝒂𝒏𝒊𝒆𝒔 𝒘𝒊𝒕𝒉 𝒐𝒑𝒕𝒊𝒎𝒊𝒛𝒆𝒅 𝒔𝒖𝒑𝒑𝒍𝒚 𝒄𝒉𝒂𝒊𝒏𝒔 𝒂𝒄𝒉𝒊𝒆𝒗𝒆 15% 𝒉𝒊𝒈𝒉𝒆𝒓 𝒑𝒓𝒐𝒇𝒊𝒕𝒂𝒃𝒊𝒍𝒊𝒕𝒚 𝒐𝒏 𝒂𝒗𝒆𝒓𝒂𝒈𝒆! 💬 𝘎𝘳𝘦𝘢𝘵 𝘴𝘶𝘱𝘱𝘭𝘺 𝘤𝘩𝘢𝘪𝘯𝘴 𝘢𝘳𝘦𝘯'𝘵 𝘫𝘶𝘴𝘵 𝘣𝘶𝘪𝘭𝘵 𝘵𝘰 𝘮𝘰𝘷𝘦 𝘨𝘰𝘰𝘥𝘴; 𝘵𝘩𝘦𝘺'𝘳𝘦 𝘥𝘦𝘴𝘪𝘨𝘯𝘦𝘥 𝘵𝘰 𝘮𝘰𝘷𝘦 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴𝘦𝘴 𝘧𝘰𝘳𝘸𝘢𝘳𝘥. Over a month, I've reflected on the dynamic world of supply chain management, connecting the dots between strategy and success. Here are 5 Key Insights I’ve shared about how supply chain excellence fuels business growth: 1️⃣ 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐒𝐚𝐭𝐢𝐬𝐟𝐚𝐜𝐭𝐢𝐨𝐧: A streamlined supply chain guarantees on-time deliveries and happy customers.  2️⃣ 𝐂𝐨𝐬𝐭 𝐎𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧𝐬: Savings in transportation and inventory directly impact the bottom line.  3️⃣ 𝐀𝐠𝐢𝐥𝐢𝐭𝐲 𝐢𝐧 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬: The ability to adapt quickly to disruptions ensures resilience.  4️⃣ 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐯𝐢𝐚 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲: Tools like AI, automation, and data analytics boost efficiency.  5️⃣ 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐭𝐭𝐞𝐫𝐬: Eco-friendly supply chains are the future of responsible business. ❓ So, how do we create a unified supply chain strategy that balances cost, agility, and sustainability? 🤣 Supply chains are like yoga poses – stretchy, yet perfectly aligned for balance! 🔑 Here’s the takeaway: Supply chain is not just logistics; it's a business enabler. ⚡️ But here’s the twist: Focusing only on profits without investing in supply chain transformation is like driving blindfolded—eventually, you’ll crash. What’s your #1 focus area to enhance supply chains into 2025? Share below! 👇 #SupplyChain #CustomerSatisfaction #Innovation #SCMleaders #FutureOfWork

Recent disruptions have exposed weaknesses in supply chains, highlighting the need for a new transformation wave. With digitalization, AI, sustainability, and resilience becoming core capabilities, how can organizations best navigate these changes? Where should companies focus next?👉 https://lnkd.in/e2MWxVGJ EFESO Management Consultants and Supply Chain Media BV invite supply chain leaders to share their insights in the E2E Supply Chain Ecosystem Transformation Survey 2024-2027. ▪ What are the decisive drivers to start a supply chain transformation? ▪ What will be the main goals to transform supply chains in the coming years? ▪ How does your supply chain looks like now and will look in 2027? 📊 Take the survey now and contribute to shaping future strategies. As a thank you, receive a complimentary management article and a summary deck with key findings. Join us in driving the next wave of supply chain innovation 👉 https://lnkd.in/e2MWxVGJ

The supply chain sector faces significant challenges, including disruptions from global events, labor shortages, and increased demand for transparency. Rising costs of raw materials and transportation further strain operations. To address these issues, companies must invest in advanced technologies like AI for predictive analytics, diversify their supplier base, and improve collaboration across the supply chain. Emphasizing sustainability and agility will also be crucial in adapting to rapidly changing market conditions. These steps can help build more resilient and efficient supply chains, better equipped to handle future uncertainties. #Logistics #Supplychain #Transportation #Trucking

Supply Chain in 2024: Gearing Up for the Future The world is constantly evolving, and so is the supply chain! Here are some hot trends that are shaping this dynamic field: 1️⃣ Agility Reigns Supreme: Gone are the days of rigid, linear supply chains. Today's businesses need to be nimble and adaptable, ready to pivot at a moment's notice. Think on-demand manufacturing, near-shoring, and dynamic sourcing strategies. 2️⃣ Data Takes the Wheel: Data is the new driving force of logistics! AI-powered analytics, automation, and predictive modeling are streamlining operations, optimizing inventory, and boosting efficiency. 3️⃣ Sustainability Steps Up: The green wave is hitting the supply chain! Companies are focusing on circular economies, eco-friendly packaging, and carbon-neutral operations. Sustainable practices are no longer just a "nice to have," they're a competitive advantage. 4️⃣ Reshoring & Nearshoring on the Rise: Global disruptions are prompting companies to re-evaluate their sourcing strategies. Bringing production closer to home reduces risks and improves control over quality and delivery times. 5️⃣ Talent Transformation: The supply chain workforce is undergoing a major shift. Tech skills, data literacy, and problem-solving abilities are in high demand. Upskilling and attracting new talent is crucial for success. **What are your thoughts on these trends? What other developments are exciting you in the supply chain world? Share your insights in the comments! ** #supplychain #logistics #trends #futureofwork #technology #sustainability #agility #datadriven #nearshoring #reshoring #talentmanagement

Is your supply chain capable of anticipating and responding to disruptions with ease? The supply chain leaders of tomorrow are forecasting and planning at a weekly, or even daily level to stay ahead of the pack. Ever since Covid, supply chain disruptions have remained a known unknown, forcing companies to leverage data and AI to make more proactive decisions. This looks like tightening the feedback loop between planning and execution to ensure demand is met and costs remain lean. Chris Andrassy Alfonso Alburquerque Mike Torch Allan Frank Araceli Guenther Rich de Moll #supplychain #demandforecasting #demandplanning #artificialintelligence #machinelearning

Hey everyone, I’m excited to share this insightful post from Astral Insights, on the future of supply chain management. Supply chain leaders are managing an increasing amount of disruptions on a daily basis. It's inspiring to see how innovative strategies are shaping the supply chain leaders of tomorrow. Let’s embrace these advancements to build more resilient and proactive supply chains! #supplychain #demandforecasting #demandplanning #artificialintelligence #innovation

How can supply chains adapt to constant disruptions? In a recent conversation with Patrick McCarter, PhD, Chris Andrassy and Alfonso Alburquerque discussed how leveraging data and AI can transform supply chain planning. By tightening the feedback loop between planning and execution, companies can meet demand more efficiently and keep costs lean. Catch this insightful discussion to learn how to stay ahead in an unpredictable market. Stay tuned—the full video from Astral Insights will be available soon, packed with insights to help you navigate today’s unpredictable market! #AI #SupplyChain #Podcast #Planning

The wait is over! Our highly anticipated panel on navigating the substantial challenges affecting today’s supply chains is almost here. This is your chance to gain invaluable insights and strategies that will propel your business forward. Key Topics Being Discussed: Aligning Supply Chain Strategies with Business Objectives: Learn how to synchronize your supply chain efforts with your business goals. Adapting to Supply Chain Disruptions and Rising Costs: Discover strategies to manage disruptions and escalating costs effectively. Evaluating Nearshoring and Reshoring Options: Understand the best practices for relocating or duplicating operations to enhance resilience. Addressing Sustainability and Environmental Concerns: Explore how to balance sustainability initiatives with business performance. Adjusting to Advanced Technologies like AI and Digitalization: Leverage AI, machine learning, and digitalization to boost productivity. Join Our Expert Panelists : Pamela Wiseman Supply-chain Strategy/ Digital/Transform Wiseman: Supply Chain Strategy and Digital Transformation Specialist Gene Tyndall Steve Robinson Why You Should Tune In: Exclusive Insights: Hear from industry experts who have successfully navigated these challenges. Actionable Strategies: Gain practical tips you can implement immediately. Networking Opportunities: Connect with peers and industry leaders. Don’t miss out on this opportunity to stay ahead of the curve. Full panel will be out soon! #supplychains #supplychains