Managing Director at Boston Consulting Group. Reflections on the Future of Supply and Demand Chain
The Automation Imperative Leading consumer-focused businesses are automating their warehouse networks, generating step changes in service and cost performance. Some companies have already unlocked 20% to 50% improvement in service levels while generating a 25% to 50% reduction in fulfillment costs—all while boosting their resilience amid today’s acute labor shortages. Despite these success stories, however, many… Continue reading Amplify Your Warehouse Automation ROI
I recently had an opportunity to give a panel presentation at Innovation Endeavor's LINK Supply Chain Ecosystem Day. The panel focused on the future of the global supply chain during a time of continual disruption. There was a palpable sense of urgency in the room. After all, challenges facing the supply chain today only seem… Continue reading Supply Chain Automation in an Age of Disruption
Over the last decade, eCommerce has grown in popularity with businesses and consumers alike. BCG is at the center of it all, helping clients build strategies and implement technology to achieve transformational results. The below is a recent podcast I did with my fellow BCG Platinion colleague Jamie Hammond. Jamie Hammond: One of the biggest pain… Continue reading BCG E-Commerce Podcast: Supply chain turning into ‘supply pain’
My colleague Arnold Kogan and I presented at the FMI Fresh Foods Leadership Council meeting in Orlando last week. We discussed the emerging challenges plaguing the retail landscape and how leaders are transforming the supply chain for the post pandemic future. The New Norm Post COVID Supply chain performance suffered starting 2020 due to a… Continue reading Transforming the Supply Chain for the Post Pandemic Future
Computer vision is the lynchpin of the current AI/machine learning (ML) renaissance. In 2013, deep learning based vision solutions crossed a historic milestone of achieving human level accuracy. Since then, the pace of algorithm sophistication, training data proliferation and performance has accelerated even faster. The majority of AI/machine learning powered solutions and use cases across… Continue reading What is the Case for Machine Vision in Supply Chain?
Even today’s most sophisticated supply chains still try to predict what will happen, then optimize performance against plan. The problem is, the world is not predictable. It is filled with the unforeseen. To meet soaring customer demands in this erratic world, companies need to build a whole new kind of supply chain, fast. Supply chains are… Continue reading Why Future Supply Chains Must Sense and Pivot
I held a podcast this week with Supply Chain Management Review on the topic of AI in Planning. We discussed the structural complexities facing demand and supply planning functions today and the imminent role of AI and machine learning. You can view the podcast below: Key takeaways Businesses across all sectors are pressuring supply chains to… Continue reading AI in Supply Chain Planning – Podcast
Advances in smart automation is increasingly disrupting both B2B and B2C supply chains. The patterns of digital supply chain disruption will likely manifest in two waves. Wave 1: Localized Disruption In the next 3-7 years, supply chain functions such as planning or warehousing or delivery will be transformed by innovative applications of smart automation. For… Continue reading Patterns of Digital Supply Chain Disruption
Advances in digital technologies such as the Internet of Everything, Deep Learning, 3D Printing and Big Data are disrupting business models and their respective supply chains. As supply chains become more digital, they increasingly benefit from platforms. A set of common digital technology powered processes, tools and approach allowing users to create value by adding… Continue reading The Rise of Digital Supply Chain Platforms
Michael Hu | BCG 