Page 26 - Logistics News Oct Nov 2020
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News



                                                                                         NextGen


                                                                                           Supply

                                                                                            Chain


                                                                                       Conference



                                                                                     THIS YEAR’S virtual
                                                                                     conference taking
                                                                                     place from 10-12
                                                                                     November answers:
                                                                                     “what’s next for supply
                                                                                     chain management
                                                                                     (SCM)?” for senior-
             New skills needed to manage                                             level SCM professionals,
                                                                                     with a focus on
                   supply chain distribution                                         artificial intelligence,
                                                                                     robotics, and digital
                                                                                     transformation. Key
                                                    Courtesy www.bizcommunity.com    themes include supply
                                                                                     chain innovation,
           ACCORDING TO Greta Froise, founder of online supply chain training        the future of supply
           company Bizzco, new routines, structural changes and a massive shift      chain technology and
           in consumer behaviour since the onset of the COVID-19 pandemic            meeting the e-fulfilment
           have disrupted traditional distribution management systems. Simple        challenge.
           linear supply chains have now been replaced by complex consumer-             There will be four
           centric networks. New skills sets and new learnings are essential for     keynotes from industry
           organisations wanting to thrive in the ‘new normal’.                      heavyweights GE
              “The pandemic has really just accelerated trends such as               Appliances, Lenovo,
           globalisation and increased competition that started over 10 years ago,”   Vodafone and Joann
           says Froise. “Over recent months, we have seen many of the current        Stores and 36 senior
           ways of managing supply chains quickly break down. Shortages of           level supply chain
           products – including essential goods – have shown us just how fragile     executives will share
           some of our supply chains are when they encounter disruptions in          their knowledge and
           supply and demand.”                                                       experience.
              Froise says that while organisations have excelled at getting the         With live-streamed
           basics of supply chain right, there are a whole new set of skills they need   sessions, interactive
           to effectively manage distribution in our volatile, uncertain, complex and   panels and real-time
           ambiguous (VUCA) new world:                                               chats, attendees will
           •  Planning and forecasting: Traditional planning and forecasting tools   gain insights and
             and techniques are simply not enough to manage the unpredictable        real-world solutions,
             spikes in supply and demand.                                            preparing executives for
           •  Warehouse management: The surge in demand for same-day,                the coming technologies
             home deliveries and the growth of new distribution channels are         and processes that
             developments for which traditional warehousing systems were             will have the most
             unprepared.                                                             transformative effects
           •  Transport and logistics: Distributors were largely unprepared for the   on their supply chains. •
             exponential rise of new distribution models, such as direct delivery to
             consumers.
              “Mastering distribution management is now a key differentiator for
           organisations. With distribution management skills in short supply, there
           is a real need for organisations to train and grow the skills they need,”
           concludes Froise. •




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