🌐📈 Supply Chains: Complex, Decentralized, and AI-Powered 🤖 The world of supply chains is evolving rapidly, and it's more complex than ever. However, complexity brings opportunities. In a recent podcast, MIT CTL's Yossi Sheffi and George Lacefield shed light on the future of supply chains and the pivotal role of AI in effective management. Key Insights: 🌍 Decentralization Trend: Supply chains are becoming decentralized due to factors like globalization, e-commerce, and the demand for agility. But with this trend comes challenges, including increased complexity and reduced visibility. 🔮 AI's Game-Changing Role: Artificial Intelligence empowers us to address these challenges effectively. AI assists in predicting demand and supply, optimizing inventory, risk identification, and task automation. 🚀 The Human Touch: While AI is transformative, it's essential to remember that it's a tool, not a substitute for human oversight. Thoughtful design, careful implementation, and vigilant monitoring are key. The future of supply chains is a blend of complexity, decentralization, and AI-powered innovation. By staying informed about industry trends and harnessing AI's capabilities, we can build resilient, efficient supply chains that cater to our customers' needs. Let's shape the future of supply chains together! 📦🤝 #SupplyChain #AI #FutureOfWork #AIInnovation #Decentralization #Logistics #Innovation #SupplyChainManagement #AIAdvancements #BusinessTransformation #DigitalTransformation 🧙♂️The Magic Conveyor Belt 🛣 🔗 Listen the full podcast here: https://lnkd.in/dYHtTgrK
Saad Abbasi (MM SCM, MBA)’s Post
More Relevant Posts
-
🚀 𝗥𝗲𝘁𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗖𝗵𝗮𝗻𝗴𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: 𝗧𝗵𝗲 𝗥𝗼𝗹𝗲 𝗼𝗳 𝗠𝗶𝗱𝗱𝗹𝗲-𝗟𝗲𝘃𝗲𝗹 𝗟𝗲𝗮𝗱𝗲𝗿𝘀 🚀 Change management can be tricky, but one thing we know for sure: successful transformations depend on more than just strategies and systems. 💡 After reading this insightful article on change management, I couldn’t help but notice something important— 𝗣𝗼𝗶𝗻𝘁𝘀 𝟮 𝗮𝗻𝗱 𝟯 𝗮𝗿𝗲 𝗰𝗹𝗼𝘀𝗲𝗹𝘆 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱, and we need to rethink the terminology we use when discussing change adoption. Often, we label those who embrace change early as "early adopters," but I believe there's a more fitting title: Leaders. 🙌 👥 𝗟𝗲𝗮𝗱𝗲𝗿𝘀 𝗮𝗿𝗲 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝗮𝘁 𝘁𝗵𝗲 𝘁𝗼𝗽 of the organizational hierarchy. They're spread throughout the organization, especially in the middle layers, influencing their teams and peers. True leadership isn't about position; it's about the 𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝘁𝗼 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗲, 𝘁𝗼 𝗴𝗮𝗶𝗻 𝗯𝘂𝘆-𝗶𝗻, 𝗮𝗻𝗱 𝘁𝗼 𝗶𝗻𝘀𝗽𝗶𝗿𝗲 others. The people described in point 2 of the article as "early adopters" are actually the 𝗹𝗲𝗮𝗱𝗲𝗿𝘀 𝘄𝗶𝘁𝗵𝗶𝗻 𝘁𝗵𝗲𝗶𝗿 𝗱𝗼𝗺𝗮𝗶𝗻—the ones who can see the value in change and influence their peers to be receptive to that change. 🔑 These 𝗺𝗶𝗱𝗱𝗹𝗲-𝗹𝗲𝘃𝗲𝗹 𝗹𝗲𝗮𝗱𝗲𝗿𝘀 are essential because they’re the ones who act as the bridge between senior management and frontline employees. Their ability to see the value in a transformation and bring others on board is what makes them true leaders, not just early adopters. 💪 For any organization undergoing transformation, it’s 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗳𝗼𝗿 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝗻𝘁𝘀 to recognize these leaders who may not have fancy titles but have tremendous influence. 🧐 Identifying these change agents and empowering them will lead to greater buy-in across the board and ensure the success of any transformation effort. So, next time you think of change management, think beyond the hierarchy—because 𝘁𝗿𝘂𝗲 𝗹𝗲𝗮𝗱𝗲𝗿𝘀 𝗮𝗿𝗲 𝗲𝘃𝗲𝗿𝘆𝘄𝗵𝗲𝗿𝗲! 🔄✨ I’d love to hear your thoughts on this! 💬 How do you identify leaders in your organization during times of change? Share your insights below ⬇️ #𝙇𝙚𝙖𝙙𝙚𝙧𝙨𝙝𝙞𝙥 #𝙄𝙣𝙛𝙡𝙪𝙚𝙣𝙘𝙞𝙣𝙜 #𝘾𝙝𝙖𝙣𝙜𝙚𝙈𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩 #𝙋𝙧𝙤𝙘𝙪𝙧𝙚𝙢𝙚𝙣𝙩 #𝙈𝙞𝙙𝙙𝙡𝙚𝙇𝙚𝙖𝙙𝙚𝙧𝙨 #𝙏𝙧𝙖𝙣𝙨𝙛𝙤𝙧𝙢𝙖𝙩𝙞𝙤𝙣 #𝙈𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩𝘾𝙤𝙣𝙨𝙪𝙡𝙩𝙞𝙣𝙜 #𝙊𝙧𝙜𝙖𝙣𝙞𝙯𝙖𝙩𝙞𝙤𝙣𝙖𝙡𝘾𝙝𝙖𝙣𝙜𝙚 #𝘾𝙝𝙖𝙣𝙜𝙚𝘼𝙜𝙚𝙣𝙩𝙨 #𝙎𝙪𝙥𝙥𝙡𝙮𝘾𝙝𝙖𝙞𝙣 #𝙇𝙚𝙖𝙙𝙚𝙧𝙨𝙝𝙞𝙥𝘿𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩
Rethinking change management: Three key drivers of a successful transformation
Efficio on LinkedIn
To view or add a comment, sign in
-
I couldn't agree more with the points raised by Muhammad Osama Ehtesham in this insightful post. Small businesses today face a rapidly shifting landscape where adaptability and resilience are key to survival. As a long time acquaintance of Osama, I’ve seen firsthand the importance of having a strategy that not only helps you weather the storm but also positions your business for long-term growth. 🌟 Here are a few additional thoughts on ensuring business survival during tough times: 1. Embrace Digital Transformation 📊 With changing customer behaviors, it’s essential for businesses to leverage technology. Whether it’s enhancing e-commerce capabilities, improving supply chain efficiencies, or automating processes, digital transformation can help you stay competitive. 2. Strengthen Financial Discipline 💰 Cash flow is the lifeblood of any small business. Maintaining financial discipline by closely monitoring expenses, optimizing inventory, and renegotiating contracts can provide the cushion needed to navigate rough patches. 3. Focus on Customer Relationships 🤝 Loyal customers are invaluable. Prioritize personalized communication, exceptional service, and going the extra mile. Building strong relationships helps maintain a steady revenue stream even during challenging times. 4. Diversify Revenue Streams 📈 Relying on a single income source is risky. Exploring new products, services, or markets can create additional revenue streams and mitigate risk. It's important for businesses to remain proactive rather than reactive, ensuring that they don't just survive but thrive. 💪 #BusinessSurvival #Adaptability #Resilience #SmallBusinessTips #SupplyChain #DigitalTransformation #FinancialManagement #CustomerLoyalty #Innovation
🌊 Navigating the Storm: Small Business Survival 🌊 A firm with just 5 to 10 employees faces the same challenging environment as larger firms in any sector. Think of it like navigating a storm at sea. ⛵ Regardless of the size of your boat, the storm is the same. But a small boat feels the impact far more than a large ship. 🚢 To steer through the storm, there’s often a narrow passage where survival is possible. Small boats must find and navigate that opening quickly and wisely because everyone is racing toward it. ⏳ However, only a few can make it through. This is where the challenge intensifies. 💼 Big firms and small firms compete in the same waters, but larger firms, with their size and experience, have an edge. They didn’t start big, though; they grew by surviving the storms as small boats. For small businesses, survival requires crafting a highly creative strategy. 🎨 Relying solely on textbook tactics or what you learned in a university class often isn’t enough in real-world challenges. In my experience, the controllable obstacles include managing investments, 💸 financial resources, human capital 👥, vendors, customers, and, of course, competing fiercely in sales. 💪 ✨ To thrive in today’s competitive landscape, small businesses must think beyond conventional methods and be adaptable. It’s not just about surviving the storm but navigating it with innovation and resilience. 🚀 Only by doing so can they find their own path to growth. 🌱 #Entrepreneurship #Startups #Marketing #Business #Competititon #AI #DigitalMarketing #ECommerce
To view or add a comment, sign in
-
🌍 A New Commodity Supercycle is Here! 🚀 According to analysts, we are witnessing the beginning of a decade-long commodity supercycle 📈. This trend could reshape global markets, driven by strong demand and limited supply. From metals to energy, commodities are poised for a significant surge, offering immense opportunities for investors and industries alike. 📉 Short-Term Challenges vs Long-Term Gains While there may be fluctuations in the short term, the long-term outlook remains bullish 💹. Global economic recovery, infrastructure investments, and evolving supply chain dynamics will likely push commodity prices higher over the next decade. 🔋 Green Energy Driving Demand The green energy revolution 🌱 is accelerating demand for key commodities like copper, lithium, and nickel. These metals are crucial for the production of electric vehicles (EVs) and renewable energy infrastructure, making them highly sought-after assets in this supercycle. 📊 The Supercycle’s Impact: Oil, Crypto & Green Energy 🛢️Oil Economy: As the world transitions to cleaner energy, oil demand will face increasing pressure. However, oil still has a role in this supercycle, with potential price hikes due to geopolitical tensions and supply chain constraints ⛽. 💻 Crypto: Commodity-based cryptocurrencies could emerge as winners 🪙, with investors looking to hedge against inflation and market instability. The use of metals and energy in mining operations also ties crypto closer to the commodity space. 🌱 Green Energy: This supercycle is fueling the growth of green energy 🚀. With massive investments in renewable infrastructure, metals like lithium and cobalt are experiencing unprecedented demand. The future is bright for industries aligned with sustainability and green technologies 🌍. 📈 Join the Conversation! What are your thoughts on this commodity supercycle? How do you see it affecting your industry? Let's discuss! 🔗Read more about this exciting development: https://lnkd.in/gdNyr4Ss #CommoditySupercycle #GreenEnergy #OilEconomy #Crypto #RenewableEnergy #Sustainability #Investing #GlobalEconomy #SupplyChain #Metals #EnergyTransition #FutureTrends #LinkedInVisibility #CommoditySupercycle #OilEconomy #GreenEnergy #Crypto #SustainableGrowth #InvestmentOpportunities #EconomicTrends #LinkedInCommunity
A decade-long commodity supercycle is just getting started – analysts
kitco.com
To view or add a comment, sign in
-
**📉 Bearish Sentiment Grips the Oil Market** The oil market has been under pressure recently, with bearish trends dominating the landscape. Traders and analysts are closely watching oil stocks and future contracts, which have shown signs of a slowdown 📊. This could signal a challenging period ahead for oil prices, with volatility expected in the coming months. --- **📊 Future Contracts: A Drop Ahead?** Oil futures are suggesting a cautious outlook, with many predicting a drop in demand as global economic growth faces headwinds. The upcoming production increases from OPEC+ further add to the uncertainty. Will we see oil prices decline further? It’s likely that the market will remain volatile as supply continues to outpace demand. --- **🌍 GCC Economy: A Rocky Road Ahead?** With oil prices potentially on a downward trend, the GCC economies, heavily reliant on oil revenues, might face significant challenges. Lower oil prices could lead to reduced government spending, which may slow down economic growth 📉. However, the push towards diversification and renewable energy investments could provide some relief. --- **🔮 Predicting Oil Prices for 2024** Taking into account the current oil stocks, future contracts, and upcoming production surges, oil prices could hover in the range of $65-$75 per barrel in the next year. A recovery in demand would be the key factor to watch 📈, but until then, expect cautious movements in the market. --- **#OilMarkets #BearishTrends #GCCEconomy #OPEC #Futures #OilPrices #EnergyIndustry #GlobalEconomy #SupplyChain #MarketTrends #Procurement #OilAndGas #Recruitment #LinkedInVisibility** ---
To view or add a comment, sign in
-
🚀 The World's Most Expensive Megaprojects! 🌍 From cutting-edge rail systems to futuristic cities, the world’s most ambitious megaprojects are pushing the limits of engineering and finance. The estimated cost of these projects showcases the massive investments shaping our future 🏗️. 💸 Mind-Blowing Investments Leading the way is the TENT-T Core Rail Network with a staggering $600B, followed closely by Saudi Arabia’s Neom City at $500B. Other major initiatives include the Gulf Railway, Silk City, and global tech-driven projects like the Microsoft/OpenAI Data Center at $100B 🚉🏙️. 🛰️ Space and Sustainability The International Space Station remains one of the largest space projects ever at $230B, while the California High-Speed Rail and Forest City promise to revolutionize urban sustainability 🌍🚄. 🌟 GCC Impact – Saudi Arabia & UAE Leading the Way! In the GCC, Saudi Arabia’s Neom City and the Gulf Railway are transforming the region. Neom is set to become a beacon of innovation under Saudi Vision 2030, while the Gulf Railway will enhance connectivity across the Gulf. The UAE, with its commitment to megaprojects, continues to position itself as a global hub for innovation and investment 🌆🇸🇦🇦🇪. #Megaprojects #GlobalInfrastructure #Neom #SaudiVision2030 #GCCEconomy #UAE #EnergySector #Engineering #Construction #Innovation #Procurement #SupplyChain #Investment #Recruitment #Leadership #CareerOpportunities #HiringNow #LinkedInCommunity #JobSearch
To view or add a comment, sign in
-
I’m happy to share that I’ve obtained a new certification: McKinsey Forward Program from McKinsey & Company!
This content isn’t available here
Access this content and more in the LinkedIn app
To view or add a comment, sign in
-
View my verified achievement from McKinsey & Company.
McKinsey Forward Program was issued by McKinsey & Company to Saad Raza Abbasi.
credly.com
To view or add a comment, sign in