supply chain intelligence and analytics executive guidelines for success

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Supply Chain Intelligence and Analytics Executive Guidelines for Success Christopher Gopal, PhD Global Supply Chain & Operations Consultant and Educator Center for Supply Chain & Logistics, Drucker School of Business, Claremont Keith Peterson, PhD President and CEO Halo

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Page 1: Supply Chain Intelligence and Analytics Executive Guidelines for Success

Supply Chain Intelligence and AnalyticsExecutive Guidelines for

Success

Christopher Gopal, PhDGlobal Supply Chain & Operations Consultant and EducatorCenter for Supply Chain & Logistics, Drucker School of Business, Claremont

Keith Peterson, PhDPresident and CEOHalo

Page 2: Supply Chain Intelligence and Analytics Executive Guidelines for Success

From the 2016 Supply Chain Guru Prognostications

• Dashboards and basic analytics will drive the "intelligent" supply chain.

• The focus will be on basic actionable intelligence in the supply chain, including daily dashboards and core analytics around customers, supply, inventory, sales & operations planning, fulfillment and finance.

• "Intelligence" will replace the "big data' hype, and companies will start placing a great deal more attention to developing predictive and prescriptive "advanced" analytics driven by the Internet of Things.

• However, it will be the basic dashboards, information and on-demand "what-if" analysis that will be the main concerns of executives in the coming year.

Page 3: Supply Chain Intelligence and Analytics Executive Guidelines for Success

It’s the data!

The biggest problem is inaccurate data, untrusted data, out-of-date data, incomplete data, and just plain wrong data

Data Cleansing, Management, and “Class A” Accuracy will be a critical initiative

Page 4: Supply Chain Intelligence and Analytics Executive Guidelines for Success

Any way, As I like it

Mobile, Tablet, Smartphone, Notebook, Desktop, Watch

At suppliers’ site, customer location, retail outlet, manufacturing plant, warehouse, on the road, government and customs office

In the format and level of detail that is wanted by the user and decision maker – at the aggregate and detailed levels.

Page 5: Supply Chain Intelligence and Analytics Executive Guidelines for Success

From Anywhere

Suppliers, Customers, Channels, Retail, different facilities

Third Parties – Logistics, Fulfillment, Service, other providers

Multiple ERP, databases, and other systems

Sensors, RFID, appliances – the Internet of Things (IoT)

Structured and Unstructured data

Page 6: Supply Chain Intelligence and Analytics Executive Guidelines for Success

The Answer is in the room

The people in the company are the best placed to know their needs, situation and priorities – and information to plan, respond and execute

Outside experts with experience in the Supply Chain provide ideas and suggestions.

The software company can provide the capability and templates, but NOT the answer

And beware of canned “practices” and “methods”

Page 7: Supply Chain Intelligence and Analytics Executive Guidelines for Success

Well-thought out and simple

beats hype and complexitySupply Chain Intelligence, metrics and presentation need to be thought

out first in the context of the company’s operations, structure and key decisions

Focus on Status, Projections and Impacts, and the “what if” analyses to support decision making

Basics trump complexity any time!

FIRST the company must get the information and analytics to improve visibility, velocity and execution.

LATER, if necessary, move to more “advanced” concepts, such as Predictive and Prescriptive analytics

Page 8: Supply Chain Intelligence and Analytics Executive Guidelines for Success

Easy to Use and Simple to UnderstandEasy-to-configure with simple graphics and displays are most effective

Creative ways of showing information for decision support are better than creative ways of display and visualization

Large teams of IT support and analysts with difficult-to-change analytics make for a cumbersome and unusable system

Complex, fancy visualization is great for conferences and presentations, not for day-to-day planning and execution

Page 9: Supply Chain Intelligence and Analytics Executive Guidelines for Success

Let’s keep talking

More information: halobi.com/resources/

Blog: halobi.com/blog/

Contact: halobi.com/contact-us/