You’re Invited to an informational Virtual Meeting. (See Registration link below)
Topic: The Supply Chain is Now a Senior Executive and Board Room Topic
The supply chain has become a strategic imperative. It is on the radar of senior executives and is being discussed in board rooms. Directives are coming from senior executives to make supply chains transparent, resilient, and flexible. Transparent: We rely on long supply chains that snake around the globe. Rarely can we see information about our supplier’s supplier. We need to “see” everything in the plan, buy, make, move, distribute, and sell processes. Food providers need to know where specific products were harvested. Downstream, vaccine storage temperatures must be tracked all the way to the patient. Beyond just the “working” supply chain, companies need to know what options…substitutes…are available…who else can provide what I need. Resilient: Are my sources diversified? When I select my Tier 1 suppliers, and I’ll not select just one…I’m diversifying but are my Tier 1 suppliers using diverse Tier 2 suppliers? Before Japan’s devastating earthquake and tsunami in 2011, Toyota found out that their Tier 1 suppliers were all using the same Tier 2 suppliers…there was no diversification. Flexible: Can you respond to demand shocks? Can you switch or even move production? Can you make modular components for products and switch the final product at the assembly point? Flexibility can payoff even in a non-crisis time but requires an investment and an understanding of the tradeoffs. If one plant is hit by a tornado and is shutdown, can another plant be used to make up for production? What data and analytics capabilities do we need to address senior executive directives?
Click Here to Register to Receive a Meeting Link You must register by 9/19 to attend! The meeting link will be sent out the evening of 9/17 to all registrants, with a reminder sent the day of the event. If you have not received the link by the morning of 9/18, check your spam and promotion folders. If it is not there, send an email to paul.dittmann@aitpchicago.com and he will email you the link.
Speaker: Roger L. Moore Jr, CEO & Managing Director, NLITX.com
Roger is the CEO and Managing Director at NLITX (www.nlitx.com) where he is an insight and growth fixated, high energy leader doggedly pursuing competitive advantage through strategic application of data and advanced analytics. Roger is also a well-respected lecturer at the University of Chicago in the Master of Science in Analytics Program. Previously Roger was VP, Analytics and Customer Operations at Entytle, driving increased installed base revenue utilizing AI and machine learning. Roger has also delivered value to his clients at Gartner, Sagence, Booz & Co, Diamond Advisory Services, and the Boston Consulting Group. He founded and chairs the Chicago Booth Big Data & Analytics Roundtable. Roger holds an MBA with focus in Finance and Statistics from the University of Chicago’s Booth School of Business. He also received a BS in Electrical and Computer Engineering from the University of Wisconsin – Madison. If you did not notice, Roger is a data and advanced analytics geek!
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