The Visibility Council

Join Donna Palumbo-Miele and David Warrick for an engaging Live conversation on the crucial topic of how to achieve a more resilient supply chain – from what’s possible, to what’s holding us back. June 27, be there. #supplychainresilience #supplychain

In its Safety and Shipping Review 2024, marine insurer Allianz Commercial highlighted that 26 large vessels were lost worldwide and losses hit an all-time in 2023. On top of the familiar set of risks (weather, human error), ocean-going freight risks included some new factors: ➡️ Increased collisions from Russia's "shadow fleet" of oil tankers. ➡️ Increased piracy, including attacks by Houthi rebels in the Red Sea. ➡️ Increased carbon emissions as container ships take longer routes around the Cape of Good Hope, and travel faster to meet deadlines. This look into the report contains many more data points and may help in understanding the ongoing increase in marine insurance premiums. Worth reading: https://buff.ly/3R89IRr (For more on the effect of war risks on marine freight insurance premiums and claims, you can look at this deep dive: https://buff.ly/4chTI7P) #logistics #shipping #risk #riskmanagement

Any logistics manager can tell you that disruptions are a "when" not an "if." So it's vital that organizations take a proactive approach to overcome issues that stem from climate events, geopolitical upheaval, or infrastructure issues. We may not be able to prevent disruptions from occurring, but we can create resilient systems to mitigate their impact with the right use of technology and data. Approaches to try include: ➡️ Having alternate shipping routes assessed and ready to maintain delivery schedules ➡️ Increasing agility and speed by integrating different modes of transport, like air and ocean ➡️ Leveraging AI to explore a wider range of signals and mitigation options for transport plans ➡️ Fostering transparency and cooperation across the supply chain A proactive approach ensures that supply chains remain resilient and adaptable, even in the face of unforeseen challenges. Our enterprise supply chain Partners are working together to craft innovative solutions through an infinitely configurable plug-and-play tech stack. By joining our community, you can harness the power of data and technology to prepare for the inevitable disruptions. To learn more about how we enable our Partners to overcome challenges and create new growth trajectories, visit our website: https://buff.ly/3RwnyMG #logistics #shipping #supplychain #disruption #technology #AI #collaboration #innovation

Inaccurate inventory data is a trillion-dollar problem for retailers. A study by the IHL Group found that retailers miss out on nearly $1 trillion in sales per year because of out-of-stock items. According to a survey of 1,000+ retailers, every time a consumer orders a product, there’s a 20% chance the product they want isn’t even available. It also may be available but doesn't show up online. Industry experts agree that retailers need better data. Nicola Kinsella offers some practical advice on how any organization can get started. You can read the entire article here: https://buff.ly/3VWB5QZ #retail #inventory #data #demand

Step into the future of global supply chain leadership with the Supply Chain T-Leader Program. This 4-day in-person immersive simulation is designed to transition you from an “I-Leader” focused on a specific function, to a “T-Leader” with comprehensive end-to-end supply chain expertise. The program offers one-on-one coaching from enterprise supply chain executives and innovators, providing practical insights and feedback on a real-world scenario in which you are required to make bold and innovative decisions to re-architect a company's supply chain. Designed for senior and mid-career leaders in planning, manufacturing, logistics, or inventory management, the T-Leader Program equips you to align supply chain strategy with broader business goals and effectively communicate across departments. Join us to enhance your strategic capabilities and lead transformational initiatives with confidence. Learn more about the T-Leader Immersive: https://buff.ly/3xoajrB #supplychain #leadership #transformation #immersive #training #E2Esupplychain #leadershipcoaching #executivedevelopment

There are three key reasons why market intelligence and inventory visibility are essential to supply chain viability now. They enable you to: 🎯 Finesse your inventory levels. If you know more about demand, there will be no more static inventory sitting in the warehouse costing money, and no more stockouts that can burn customer relationships. 👷🏽♀️ Optimize your asset utilization. No more less-than-truckload shipments with half-full containers on the road, rails, or ocean. Manufacturing efficiency also improves. 🌱 Improve your sustainability. If you’re more agile and can delay manufacturing until when you need it, you'll reduce the product that ends up being sold for pennies on the dollar or — worse — put right into the dumpster. We live in a time when 🌟 influencers 🌟 can cause demand for consumer goods to spike thousands of percentage points within a day, only to evaporate three weeks later. Demand can also be extremely local. Find out how our Partners are re-architecting their supply chain data management for better visibility: https://buff.ly/3RwnyMG #supplychain #inventory #demandsensing #visibility #data

The Visibility Council has grown over the past three years and we've expanded our Partnership options. Prices vary according to the level of involvement you need from our Studio Coaches and Advisors. The best news? We offer a free tier that allows you to sit in on our Roundtables. Our service offerings include: ➡️ Private workshops ➡️ Team skills development ➡️ Individual skills development ➡️ Group office hours ➡️ Private office hours ➡️ E-learning ➡️ Roundtables Our Coaches and Advisors are all executive leaders from a variety of industries. Most have led Fortune 500 supply chains, but we're also privileged in our access to tech executives. In our group sessions, you'll be working with your fellow leaders in a co-consulting model that provides candid and industry-leading insights. Find out more about us: https://buff.ly/3RwnyMG #supplychain #digitization #co-consulting #leadership #coaching

📣 It's the ultimate opportunity for supply chain functional leaders on a mission to broaden their leadership capabilities: the Supply Chain T-Leader Program. This intensive 4-day simulation immerses participants in a reality-based scenario, providing personal, one-on-one coaching from current and former C-suite executives from Fortune 500 companies. Intended for leaders focused on a single supply chain function — such as planning or manufacturing — this program enhances end-to-end supply chain knowledge and hones executive communication skills. You'll emerge supremely well-prepared to lead transformational initiatives at the enterprise level and step into executive roles with confidence. Discover more about the T-Leader Immersive: https://buff.ly/3xoajrB #supplychain #leadership #transformation #immersive #training #E2Esupplychain #leadershipcoaching

In May, over 70 global supply chain leaders joined us for a Roundtable on "Using AI to Enhance Supply Chain Productivity, Quality, and Safety." This discussion started very practical, but a key theme emerged focusing on some of the techniques practitioners are using to implement solutions quickly and effectively — and to overcome organizational friction to change. Some of the takeaways from the Roundtable included: ➡️ Start with a problem, not AI ➡️ Start now, using small use cases, then think big Real-world use cases for AI included: ➡️ Quality: deviation investigation and report writing, failure recognition, predictive quality, and quality control ➡️ Safety: injury prevention through ergonomic recognition and human-machine interaction ➡️ Efficiency and productivity: simplifying work by taking Excel spreadsheets out of the equation and determining min/max levels for inventory, automatic selection of purchasing options, and emerging use cases in end-to-end planning using AI to make inventory decisions Every month, we host a Roundtable on an emerging topic in the digitization of supply chain. Attendance is open to select organizations at the enterprise level. Find out more about what we do and our Partnership levels: https://buff.ly/3RwnyMG #supplychain #leadership #co-consulting

In global supply chains, the process of change is, itself, changing. The new paradigm of technology requires a new approach to the way we secure resources and project approval from the C-suite and board. ❌ The old way: requesting tens of millions of dollars for a multi-year enterprise-wide project with many implementations that come loaded with uncertainty. ✅ The new way: refining much narrower problems with quick, easy-to-implement solutions and certain outcomes. If it works, scale across business units and product lines. The new approach drives greater ownership and accountability, and is built around much smaller, more precise business cases. This still requires that the CSCO be able to tell the success story to other executives with a focus on their business function. Legal will want to know how the project reduces risk. Finance will want to know about long-term savings, and what costs get cut while you're making new expenditures. Technical agility and multifaceted communication skills are teachable. The 70+ enterprise supply chain leaders who comprise the Visibility Council are developing these capabilities together. Learn more about how we elevate each other while maintaining confidentiality: https://buff.ly/3RwnyMG #enterprise #supplychain #leadership #co-consulting #tech #visibility