Gartner Supply Chain Symposium/Xpo, Americas: Day 1 Highlights

6/7/2022 12:47:00 AM

Read the highlights from Day 1 at Gartner Supply Chain Symposium/Xpo, Americas. #GartnerSC #Supplychain #SCM

We hope you enjoyed Day 1 of the Gartner Supply Chain Symposium/Xpo Americas. Highlights include: ✅ Opening keynote ✅ Smart manufacturing ✅ Logistics sustainability roadmap ✅ Threats & opportunities of e-commerce marketplaces Learn more: GartnerSC

Read the highlights from Day 1 at Gartner Supply Chain Symposium/Xpo, Americas. #GartnerSC #Supplychain #SCM

Supply Chain Cyber Risk Energy Instability “A successful customer offset strategy will create opportunities to develop different sourcing priorities and policies, building new relationships and networks to deliver value.Gartner Supply Chain Top 25 for 2022 The standard in supply chain excellence Global supply chains are on the precipice of revolutionary transformation as demands from customers, employees and boards grow.Former Vauxhall boss Stephen Norman retires after 45-year career New car registrations were down 32.Nick Gilbertson 4 Jun 2022 Baby formula will reportedly be in short supply well into July, even though Abbott Laboratories resumed production at its Sturgis, Michigan, factory Saturday, according to a report.

” “The biggest challenges facing supply chain leaders in the technology space is not necessarily the technology.It is embracing and adapting to the new technology, and envisioning new ways of doing business.The Gartner Supply Chain Top 25 identifies, celebrates and profiles companies that demonstrate excellence in supply chain management amid high-risk supply chain disruption.” "You cannot control if you get hit by a cyber-attack.3% but their market share climbed to 53.But you can control the business decisions that dictate investments resulting in protection against cyberattacks if you see the attack coming, or how long you are down after an attack.Cisco Systems Cisco Systems A continued focus on adapting in various ways to the changing environment both internally and externally helped drive the high-tech innovator to the top spot for the third consecutive year." Why can’t we be friends? Shaping smart manufacturing strategy together Presented by Simon Jacobson, VP Analyst, Gartner Smart Manufacturing works when top-down driven corporate initiatives are embraced and executed from bottom-up.We’re committed to safety and quality and will do everything we can to re-earn the trust parents, caregivers and health care providers have placed in us for 130 years.

Corporate influences, misaligned objectives and funding models create schisms and put success at risk.” Colgate-Palmolive Colgate-Palmolive The consumer products leader reimagined its supply chain strategy with a focus on digital and sustainability while delivering agility, efficiency and resilience.9% respectively.In this session, Simon Jacobson , VP Analyst at Gartner, provided insights and practical examples to strike a harmonious balance between site and enterprise.Simon Jacobson, VP Analyst at Gartner, discusses the importance of changing funding models and worker experience in smart manufacturing.Gartner says smart manufacturing workers need the right tools to work effectively.Of all the new cars registered last month, one in eight (15,448) were battery-electric, a 17.Simon Jacobson, VP Analyst at Gartner, discusses the importance of changing funding models and worker experience in smart manufacturing.Though the “factory had produced roughly one-fifth of the infant formula in the country,” as the Wall Street Journal noted, and the void in production would have ramifications for one of the countries’ most vulnerable populations, an official in the Biden Administration claims President Joe Biden was not informed of the crisis until April, Breitbart News.

Key Takeaways “Pandemic-driven technology acquisition has created a ‘tech boom’ in manufacturing operations.This is exposing misaligned objectives driven top down by the business, and the day-to-day operation and capabilities from sites.8% drop in the amount of diesel cars leaving forecourts.” “Rules are being rewritten: Lean-based production systems are being modernized to deliver new guidance to leverage these investments in lockstep with manufacturing capabilities.” “The art of the possible has to be affordable.Current funding models are not agile enough to support the speed and scale of smart manufacturing." He added:"To continue this momentum and drive a robust mass market for these vehicles, we need to ensure every buyer has the confidence to go electric.

” “New tactics focused on creating incentives and funding models that limit risk are motivating site leaders to adopt and scale smart manufacturing.” “The frontline worker experience is being improved with better access to the tools and training to build digital acumen.” It’s More Than Just Transportation: How to Create a Logistics Sustainability Roadmap Presented by Susan Boylan, Senior Director Analyst, Gartner Sustainability has become a top priority for all organizations, and transportation is often the immediate focus for greenhouse gas emission reduction initiatives.In this session, , Senior Director Analyst at Gartner, discussed how logistics leaders can implement a transportation sustainability program.Gartner research shows that sustainability is a top priority for logistics leaders.

Gartner research shows that sustainability is a top priority for logistics leaders.Susan Boylan, Senior Director Analyst at Gartner, shares the core steps for building a logistics sustainability roadmap.Key Takeaways “Logistics sustainability is not the responsibility of logistics alone, but requires input from all stakeholders - internal and external.” “Climate action is critical and must accelerate, but supply chain leaders also need to recognize sustainable logistics is about more than climate change.Logistics can play an active role in many sustainable initiatives across ESG streams.

” “Sustainable initiatives will take considerable investment.Be prepared for trade-offs.” “Whether you are outsourced or in-housed, it should still be a strategic priority for your logistics function to deploy a successful sustainability roadmap.” “Gartner research shows that 64% of logistics is outsourced – If you are part of the 64%, it is time to have discussions with your service providers on their capability to align with your sustainability strategy.” “Do not procrastinate when it comes to sustainability.

There is no prize for second place in this race.” Marketplaces: The Threats and Opportunities They Present to Online Trade Presented by Tom Enright, VP Analyst, Gartner Marketplaces account for the majority of B2B and B2C e-commerce transactions.While providing convenience to businesses across many industries, and consumers to purchase from increasingly wide product offerings, the relevance of existing online channels offered by individual companies is under threat.In this session, Tom Enright , VP Analyst at Gartner, discussed the best strategies for this new online world order.Tom Enright, VP Analyst at Gartner, discusses the threats and opportunities of online marketplaces at the Gartner Supply Chain Symposium/Xpo.

Gartner says retailers face a fundamental business change from classic commerce to enterprise marketplace.Tom Enright, VP Analyst at Gartner, shares why many retailers aim to develop their own marketplaces.Key Takeaways “Marketplaces account for 67% of global e-commerce sales, leaving just 33% of transactions taking place on companies’ own dedicated websites.The revenue gained from the top 100 global marketplaces grew by 18% in 2021 compared to 2020.” “With 2 out of every 3 dollars of spend taking place on marketplaces, are individual companies fighting a losing battle in attempting to capture customers?” “While many platforms may appear to be primarily B2C, these platforms also provide businesses with a means to reach more customers and market their services in new ways.

” “An increasing number of retailers, such as Costco, H&M, Kroger, Target and Walmart are setting up their own marketplaces to sell their and many other third-party brands.” Gartner predicts that by 2023: At least 70% of the enterprise marketplaces launched will serve B2B transactions.30% of enterprise marketplaces will transition to a majority third-party seller model for better profitability.Organizations that have operated enterprise marketplaces for more than one year will see at least 10% increase in net digital revenue.That's a wrap for day one! Please be sure to come back for highlights from day two tomorrow.

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