VCO Systems’ Post

Fostering innovation within the supply management team is crucial to guarantee a company's enduring significance and prosperity in the ever-evolving and technologically advanced business landscape of today. As the field continues to expand at an unprecedented rate, fueled by factors such as globalization and the rise of e-commerce, leaders in supply chain and distribution confront the task of acclimating to a high-tech setting. To understand how best to do this, take a look: https://lnkd.in/gryp4twN #innovation #CompanyCulture

Just came across an eye-opening article on Retail Dive this week, shedding light on the challenges faced by decision-makers in the CPG, retail, and logistics sectors regarding digital transformation. According to the article, fewer than four in 10 (38%) of them believe their efforts have been very successful in achieving all desired business outcomes. 📉 Having been in the space for two decades, I thought to offer a few thoughts: 🔄 Embracing Futuristic Business Requirements: It's time to shift gears and start crafting business requirements not just for today, but for the next 2-3 years. Let's ask ourselves, "Where do we aspire to be when we grow up?" It's all about thinking strategically and planning ahead. 🔄 “Digital transformation is very much driven by business needs rather than IT”: Collaboration is key! While both business and IT play vital roles, it's crucial for the business to take the lead in technology selection and drive business requirements. After all, it's about meeting the needs of our customers. 🔄 “Change management is often overlooked”: This one's a biggie! Successful change management lays the groundwork for a smooth transition. We need to identify who and what will be impacted, gauge the magnitude of change, and tackle any barriers to adoption head-on. It may take some extra time and effort, but it's well worth it for a successful digital journey. Food for thought as we navigate the ever-evolving landscape of digital transformation in supply chain! #SupplyChain #strategicplanning #digitaltransformation

Supply Chain Leaders Assemble! 16-17th May 2024 – save the date for this year’s Supply Chain Leaders Exchange! With a focus on People, Planet & Profit for tomorrow's retail supply chain, we’re bringing 80 of the top supply chain retailers together for a 5* country retreat, where they'll put heads together on the most pressing challenges facing the industry. Discussion topics are set to include: - Next Gen Delivery Models - The Role of AI in the Supply Chain - Sustainability - Warehousing and Stores as DC's - Omnichannel Fulfilment - Cross Border Fulfilment & Global Expansion - Battling the Returns Conundrum - Carrier Management - Risk & Cost Management - The Talent Crisis - Automation and Robotics Fancy it? Your peers do... ...In fact over half of the spaces are already reserved by some of the most influential brands in retail, so now's the time to join them! https://lnkd.in/eAh4m--7 In the meantime, check out this scribe of a discussion on innovation and continuous improvement from the last time this community came together… Enjoy!

I loved re-reading this article cowritten by Vishal Mankotia MBA, VP, Global Supply Management at our client Levi Strauss & Co., and my colleague Vikram Murthi, VP of Industry Strategy at o9 Solutions, Inc.. 💫 The article entails how retail #supplychains need to be managed in a more orchestrated and synchronized way to stay agile, a topic that resonates remarkably today. Especially since the pandemic, the transition from specialized functions to orchestrated networks is the new normal, emphasizing the need for agility and collaboration in supplier orchestration. Make sure to read the article to gain insights into how embracing the principles of supplier orchestration is not just imperative — it is the key to resilience and success in the ever-changing landscape of the retail sector. And let's commit to navigate the next normal with agility, collaboration, and a relentless pursuit of excellence. 🚀 Thank you, Vishal Mankotia MBA, for resharing the article! 📎 Read the full article below:

Is 2024 the Year of Supply Chain Collaboration? Beacon's CEO Fraser Robinson spoke with Raconteur about the outlook for 2024, and why collaboration shouldn't be the forgotten toy left at the back of the cupboard ... for supply chain process at least! 🚀 Key Takeaways: - The power of collaboration in optimising supply chain efficiency. - Technology's role in fostering communication among stakeholders. - How businesses are navigating challenges and embracing opportunities in 2024. Read the full article here: https://lnkd.in/erpYfBRU What are your thoughts on the future of supply chain collaboration? #SupplyChain #Collaboration #BusinessTransformation #Logistics #Innovation #supplychainvisibility

Just wrapped up an incredibly insightful forum on digital supply chain transformation at the Swiss Supply Chain & Logistics Conference This wasn't typical industry silo event. It was refreshing to connect with leaders from across various sectors in an interactive panel discussion Key takeaways: * The challenges and opportunities of digital supply chains are remarkably similar across industries. * Finding the right tech partner is a game-changer. Their expertise can bridge the gap between vision and reality. * People are the heart of any successful digital shift. Effective communication and building buy-in are crucial. #DigitalSupplyChain #CrossIndustryCollaboration #Innovation P.S. If you're interested in the digital transformation of supply chains, feel free to connect and share your experiences!

Just when it seems like the #globalsupplychain can’t get more complex, it does. Usually right at the point when supply chain leaders are expected to do more with less. Join us at #GartnerSupplyChainSymposium in Orlando May 6 - 8 to rethink supply chain in the wake of today’s turbulence. More than 3,500 operations, logistics, supply leaders come together to collaborate, share experiences, and access the latest strategies to mitigate risks and plan for long-term success. One of the key solutions is CognitOps’ approach to improved #supplychainvisibility, #warehouseoptimization, #labormanagement and #predictiveanalytics. Connect with CEO Alex Ramirez and Account Exec Aditi V. to find out  how we can help. https://lnkd.in/gGSkKS86

ONLY 1 MONTH TO GO !!!! 📢 📢 Gartner for Supply Chain are bringing in-person events back to APAC with our Rethink Supply Chain Event on July 23, 2024 in Sydney! Our jam-packed agenda includes functional tracks spanning the end-to-end supply chain; Roundtables on topics like AI and talent, and plenty of opportunities to network with peers and engage 1-1 with Gartner experts. Sessions will cover: > The foundational shift in mindset required to move demand planning from servicing the business to contributing to strategic success > Insight into the current transportation market outlook and how you should prepare > How supply chain executives are using AI, automation, and decision intelligence to improve decision execution > Procurement Transformation: combatting complexity with designed simplicity > Optimizing the supply chain operating model to streamline operations, enhance efficiency, and meet evolving customer demands > Talent: how Supply Chain leaders can build organizational capabilities to transform faster and adopt change more effectively If you haven't received your invitation yet and are still keen to attend and be a part of our supply chain leadership community here in APAC, please reach out: [email protected]. Full agenda here: https://lnkd.in/gH_WpN6F Ash A., Mal Jones (He/him/his) Sonia Cattell (Halliday) Corey Weekes Robert Baxter Jake Carragher Richard Wilson Tessa Mahon Gerhard Grimm Sergio Coelho Jeremy Suter Thomas O'Connor #RethinkSupplyChain #APACSupplyChain #Gartnersc #Gartner #Procurement #SupplyChainManagement #Transformation

Unified Supply Chain Business Platforms (USCBPs) break down silos by integrating data across all supply chain functions – planning, sourcing, manufacturing, and transportation. This allows for real-time visibility and decision-making, enabling businesses to respond quickly to changes in demand, optimize logistics, and improve overall efficiency. Companies with closely aligned supply chain teams outperform their peers. By unifying data, fostering collaboration, and embracing technology, businesses can create a more resilient and sustainable supply chain. This translates to better employee retention, faster growth, and a competitive edge (in terms of operating margins and inventory turns) in the years to come. Manhattan Associates