Supply Chain Revolution

SEP 10, 2023

The Future of Work in Supply Chain, Exponential Technology, AI, and Chat GPT with Dr. Yossi Sheffi (MIT, Author)

In Episode 77, Dr. Yossi Sheffi, iconic thought leader and professor at MIT, innovator, and author of a new book ‘ The Magic Conveyor Belt’ chats with host Sheri Hinish about the future of supply chain including the people, exponential technology, and disruptive themes that will shape the future of the profession. This book offers explanations to pressing supply chain topics and much more, with historical perspectives and modern examples. It covers contemporary issues of outsourcing and re-shoring, sustainability, resilience, regulations and the social, managerial, and policy issues resulting from technological innovations. Additional topics covered in this episode include: how tech adoption has shaped and helped humanity, how technology has repurposed jobs, the digital divide, the impact of AI and ChatGPT on the future of work and automation, and freeform flow on sustainability, quantum, nuclear, and many other political, provocative topics! In the Magic Conveyor Belt, Professor Sheffi lays the foundation for understanding supply chains and the characteristics that make them complex. In Part 1 of the book “The Global Dance,” he delves into the often-hidden intrinsic structure of supply chains to ground the reader in the challenges of managing the mammoth networks involved. Part 2, “Further Complexity and Challenges,” shows how the last 50 years have added even more complexity to supply chains. This part covers the rising demand for goods, as well as the increasing consumer expectations for fast, perfect delivery services. The relevance on technology creates a sobering thought around the digital divide. The digital divide is multifaceted and includes many factors such as access, affordability, quality, and relevance. As Michael Kende wrote, “the digital divide is not a binary.” These gaps in availability, affordability, interest, and digital literacy. The UN’s Broadband Commission for Sustainable Development estimates that nearly 3.6 billion people remain totally unconnected to the Internet by any measure. This means there are around 4.1 billion people online, about 53.6% of the global population. What does the future hold for global supply chains and countries, economies, marginalized communities left behind in a technology infused world? The capabilities and future roles of automation, robotics, and artificial intelligence are changing and augmenting the jobs held by workers—covered in Parts 3 and 4. Elements of the book trace the implications of multiple trends in the operating environment for tomorrow’s global supply chains, as they change and augment the jobs held by workers. While many of the new skills require technical knowhow, it is social skills, ironically, that may be a key for future human employment in an economy dominated by technology. To learn more about The Magic Conveyor Belt, visit <a href="https://a.co/d/0mUVNYq" target="_blank">https://a.co/d/0mUVNYq</a> To connect with Yossi Sheffi on linkedin, visit <a href="https://www.linkedin.com/in/yossi-sheffi-b38b731/" target="_blank">https://www.linkedin.com/in/yossi-sheffi-b38b731/</a> To connect with Host Sheri Hinish, visit <a href="https://www.linkedin.com/in/supplychainqueen/" target="_blank">https://www.linkedin.com/in/supplychainqueen/</a>

29 MIN

APR 22, 2023

Transformative Sustainability with Trust in Action: Earth Day Exclusive with Jim Massey (CSO, Author)

In an exclusive Earth Day Special, Jim Massey lays out the case for why all progress in sustainability depends on trust - the basis of successful selves, teams, and systems. Sustainability is the path to prosperity for humanity and businesses alike. Every April 22nd, stakeholders of all backgrounds come together to advance sustainability and climate action in commemoration of Earth Day. Companies who’ve developed strong Environment Social Governance (ESG) standards are seeing better profitability, stronger financial performance, and happier employees. But this transformation isn’t just about transforming our economies, operating models, and supply chains, it is about transforming lives by putting people and trust at the heart of decisions we anchor in sustainable development. When Can, Care, and Do come together, something interesting happens: trust is formed. Across regions, cultures, and languages, trust is a common currency - the connective tissue that makes all positive action possible. In an exclusive Earth Day Special, Jim Massey lays out the case for why all progress in sustainability depends on trust - the basis of successful selves, teams, and systems. In a time when many are rapidly losing trust in our institutions – whether in government, society, or finance – it’s more critical than ever that leaders cultivate their ability to build trust. Episode 76 is the 3rd Earth Month feature celebrating provocative themes and people in sustainability, supply chain innovation, and circularity. Jim Massey is a Chief Sustainability Officer, Global ESG Expert, and former VP of ESG Sustainability, Ethics, and Compliance at AstraZeneca. In our chat, Jim unpacks wisdom from Trust in Action, including: * where will leaders have the greatest impact * what is the “breakthrough” proven trust model for sparking action * how can folks listening drive positive change in their organization * what are some of the actionable repeatable approaches for working with teams to tackle today's toughest problems * what words of wisdom can you give others leading or have the ambition to lead in sustainability? This year, we rally behind the Earth Day theme “Invest In Our Planet”, which highlights the importance of dedicating our time, resources, and energy to solving climate change and other environmental + social issues. Our world needs transformation. Solving the environmental crisis calls for bold, creative, and innovative solutions and leadership. This will require action at all levels, from business and investment to city and national government. Investing in our planet is necessary to protect it and the best way to pave a path towards a prosperous future. When we Invest In Our Planet together, we are supporting healthy, happy, and thriving communities worldwide. To learn more about Jim Massey and Trust in Action, visit <a href="https://www.jimmassey.co/" target="_blank">https://www.jimmassey.co/</a>

32 MIN

APR 15, 2023

A World Without Waste Using AI + Better Math for Circular Supply Chains with Steve Pratt (CEO, Noodle AI)

Earth Month Exclusive featuring Steve Pratt (CEO of Noodle Al, Co-Founder of Infosys and Regenerative Ranch aficionado) + Supply Chain Revolution podcast to explore how better math and Al can enable circularity in a new supply chain planning paradigm. The way supply chain planning has been done for the last 30 years has been under the assumption that computers were slow and data was expensive, and so they needed to make a lot of simplifying assumptions.. Very importantly, they ignore probabilities and complex pattern recognition that are all allowed by this more advanced mathematics. To Learn more about Steve - visit <a href="https://noodle.ai/" target="_blank">https://noodle.ai/ </a>or <a href="https://www.linkedin.com/in/stephen-pratt-094b5916/" target="_blank">https://www.linkedin.com/in/stephen-pratt-094b5916/</a> Circular economy is increasingly recognized as a better alternative to the dominant linear (take, make, and dispose) economic model. Circular Supply Chain Management (CSCM), which integrates the philosophy of the circular economy into supply chain management, offers a new and compelling perspective to the supply chain sustainability domain. Two aspects that make a CSCM unique: 1) its restorative and regenerative cycles designed based on circular thinking; 2) the vision of a zero-waste economy that is inherent in the CE philosophy. This is CEO Steve Pratt + Noodle AI's mission - to build and design a world without waste. Steve also walks the talk as a farmer and student of nature, where he brings inspiration like the Noodle culture mantra BCHILL, and planting seeds of innovation for long-term value creation. Steve is an O.G. Rebel and friend of the podcast, one of the original supporters. He is an incredible technical background and at every turn has pushed boundaries with tenacity and a 'people and planet first' north star. His journey in consulting started at Deloitte. He went on to start Infosys, had a brief stint at IBM, then founded Noodle with a lingering nudge 'there has to be a better way' and a vision of a world where nothing is wasted where technical, natural, and human systems exist in harmony. About Noodle: Noodle.ai software uses some of the most advanced math on the planet to tame global supply chain chaos—so the right stuff gets to the right place at the right time with less drama. More importantly, Noodle's 'Value at Risk' shows you the hard money costs of each of the millions of errors made by your planning stack, for both demand and supply, across raw materials, production, and distribution. This episode is packed full of lessons in big transformation, inspirational messages, and pragmatic reasons why circular supply chains provide the conduit for marrying the environmental, social, and economic benefits for change. Sectors and client examples highlighted are from CPG, Industrial and automotive. Everything we need exists NOW to build and empower better decisions for a circular and inclusive world.

36 MIN

APR 4, 2023

Sustainable Marketing in World of Greenwashing with ChatGPT and James George

Sustainable marketing is a hot topic as many lean in to position their brand, product, service and persona as being sustainable, responsible, and ethical. Join host Sheri Hinish as she explores with returning guest James George (ex-Ellen MacArthur Foundation, Strategist at Pyxera Global) in episode 74 the parameters of sustainable marketing, and the types of greenwashing, pressure testing ChatGPT real time + unpacking Planet Tracker's "Greenwashing Hydra" or different dimensions of greenwashing (source - <a href="https://planet-tracker.org/greenwashing-growing-increasingly-sophisticated-says-planet-tracker/" target="_blank">https://planet-tracker.org/greenwashing-growing-increasingly-sophisticated-says-planet-tracker/</a> ) What is sustainable marketing? Sustainable marketing is a marketing approach that emphasizes the long-term health and well-being of the environment, society, and economy. It involves creating and promoting products, services, and business practices that are environmentally responsible, socially equitable, and economically viable. Sustainable marketing aims to minimize the negative impact of business activities on the environment and society while promoting positive social and environmental outcomes. This approach often involves integrating sustainability principles into all aspects of a company's operations, from product design to manufacturing processes to marketing and advertising. Sustainable marketing also seeks to educate consumers about the benefits of sustainable products and services and encourage them to make more environmentally and socially responsible purchasing decisions. This can include highlighting the eco-friendly or socially responsible features of products or services, as well as providing information and resources to help consumers reduce their environmental impact. What is Greenwashing and why should you care? Greenwashing is a marketing technique in which a company makes misleading or exaggerated claims about the environmental benefits of its products or services. There are several types of greenwashing, including: <ol><li>Hidden trade-offs: This is when a company promotes a product as environmentally friendly while ignoring other environmental impacts. For example, a product may be advertised as eco-friendly because it is made from recycled materials, but the company may ignore the fact that the product was transported long distances, resulting in a high carbon footprint.</li><li>Vague or misleading claims: This is when a company makes vague or ambiguous claims that are difficult to verify. For example, a product may be labeled as "all natural" or "chemical-free," but these claims are meaningless without further explanation or context.</li><li>Irrelevant claims: This is when a company makes environmental claims that are technically true but are irrelevant to the product. For example, a company may promote a product as "CFC-free," even though CFCs have been banned for decades and are no longer used in the product.</li><li>Lesser of two evils: This is when a company promotes a product as environmentally friendly when compared to a similar product that is even worse for the environment. For example, a company may promote a car as "eco-friendly" because it gets better gas mileage than other cars in its class, even though it is still a gas-powered vehicle with a high carbon footprint.</li><li>Fibbing: This is when a company outright lies about the environmental benefits of its products or services. For example, a company may claim that its product is certified by an independent third party when in fact it is not.</li></ol> This is an action-packed and provocative dialogue that will not disappoint as James and Sheri discuss solutions and best practice to ensure you don't fall prey or misstep in a world of greenwashing, To learn more about James George, visit <a href="https://www.linkedin.com/in/james-george-20995b75/" target="_blank">https://www.linkedin.com/in/james-george-20995b75/</a>

65 MIN

MAR 12, 2023

From Source to Sold: 26 Supply Chain Leaders Tell All in Strategy, Transformation and Disruptive Innovation (with Authors Radu Palamariu, Knut Alicke)

In Episode 73, host Sheri Hinish delves into bestseller, "From Source to Sold” and offers an inside look at the real-world experiences and valuable lessons of supply chain experts, industry leaders, and disruptive innovators. The book delves into the career paths and strategies of 26 Supply Chain Leaders who have propelled businesses of all sizes, from large multinationals to startups, to the forefront of their industries. It provides listeners with a unique perspective on the specific techniques and smart business practices employed by today’s top supply chain leaders to achieve success and reach the C-suite level. Why now and what's packed in this episode? Transformation is tough and we are at a crossroads. The leadership stories offer important insights into what it takes to be a successful supply chain leader and these themes have been neatly summarized through what the authors call the CHAIN Model for Supply Chain Leadership, or Chain (C-H-A-I-N), which stands for: Collaborative, Holistic, Adaptable, Influential, Narrative. A winning combination of entertaining stories about life at the top, how to get there, and rigorous business insights. The book features some of the most successful global operations and supply chain business leaders. Learn more about From Source to Sold here: <a href="https://sourcetosold.com/" target="_blank">https://sourcetosold.com/</a> ABOUT THE AUTHORS RADU PALAMARIU <a href="https://www.linkedin.com/in/radupalamariu/" target="_blank">https://www.linkedin.com/in/radupalamariu/ </a> Managing director of Alcott Global, the leading global executive search firm focused on operations and supply chain. He works on C-level assignments with Fortune 500 companies and local conglomerates in manufacturing, logistics, transportation, supply chain management and eCommerce. KNUT ALICKE <a href="https://www.linkedin.com/in/knut-alicke/" target="_blank">https://www.linkedin.com/in/knut-alicke/ </a> Partner at McKinsey & Company, part of the global supply chain leadership team, and a visiting professor of supply chain at the University of Cologne. He advises clients on a variety of topics around supply chain, including digital supply chains, risk and resilience, advanced analytics, and supply chain transformations. FEATURED CONTRIBUTORS Yossi Sheffi, Director, MIT Center for Transportation & Logistics Ivanka Janssen, Chief Supply Chain Officer/EVP, Philips Ernest Nicolas, Chief Supply Chain Officer, HP Inc. Sandra MacQuillan, Ex - EVP and CSCO, Mondelēz International Jim Rowan, CEO and President, Volvo Cars Tan Chong Meng, Group Chief Executive Officer, PSA International (PSA) Thomas Netzer, Global COO, Wayfair Lynn Torrel, Chief Procurement and Supply Chain Officer, Flex Pier Luigi Sigismondi, President (Worldwide Food & Beverage Group), Dole Sunshine Company Sami Naffakh, Chief Supply Officer, Reckitt Tommy Rahbek Nielsen, Executive Vice President & COO, Vestas Essa Al-Saleh, CEO and Board Member, Volta Trucks Deepak Garg, CEO & Founder, RIVIGO Ken Allen, Chair of the Supervisory Board, ProGlove, Ex CEO DHL Express Vikram Agarwal, Chief Operations Officer, Danone Beatrix Praeceptor, Ex - Chief Procurement Officer, Mondi Group Michael Corbo, Ex - Chief Supply Chain Officer, Colgate-Palmolive Andres Krinninger, President Industrial Trucks & Services EMEA, KION Group Jay Lee, Former Foxconn Vice Chair Bonnie Fetch, VP and Head of Global Supply Chain and Manufacturing, Cummins Inc. Achim Duennwald, COO GLS Germany Dirk Holbach, CSCO Beauty/Laundry & Home Care, CSVP, MD, Henkel Donna Warton, CVP Supply Chain and Sustainability, Microsoft

50 MIN

Supply Chain Revolution

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