Conferenzia World’s Post

I came together with selected supply chain leaders and professionals from different companies and industries last week during the Global Supply Chain Logistics Summit in #Frankfurt organized by Conferenzia World. We had great exchanges, discussions on supply chain challenges, disruptions, trends, transformation, resilience, agility and many more topics. I had a chance to contribute as a panelist to the “Supply Chain resilience in the face of disruptions : Lessons learned from recent crises” panel discussion. I would like to thank to our moderator Thomas Schnur, Director of Logistics and Transformation – PwC Germany, for his challenging and thought-provoking questions, and great insights and exchanges from other panelists Vineet Khanna, former Global Head of Supply Chain Nestle, Sukanta Das, President and Chief Logistics Officer – Hindalco Industries Limited, Matthias Riedel, VP Head of Solution Advisory Digital Supply Chain – SAP Germany, Burkhard D. Sommer, Director Dep. Head Maritime Competence Center PwC Germany. And also huge thanks to Sahand Kianersi for the organization and Rick McDonald for great chairperson role. I also had a privilege to present my keynote “Agility and Supply Chain” focusing on how Agility is an enabler to support Supply Chain to cope with challenges in VUCA world. Some key takeaways from @CW Event : 📌 Companies are investing heavily in digital transformation (global spending on digital transformation $3.4 trillion by 2026) but only 35% of organizations are quite successful through these efforts. 📌 Supply Chain is a key enabler for any successful organization. Supply Chain orchestrates multiple flows to deliver multiple results : revenue & growth, margin & profitability, capital efficiency and Sustainability. 📌 Leadership is a behavior. Leader takes ownership, shapes, orchestrates 📌 Derive Digital Strategy from the Business Strategy 📌 First define what capabilities are critical for success of the business and then choose the technology landscape 📌 Move away from siloed way of working 📌 Focus on the power of culture and cross functional working 📌 Value maximization through collaboration with internal and external stakeholders 📌 Customer centric Supply Chain prioritizes the customer’s needs in all decisions, from product creation to delivery. 📌 Leadership mindset is the key enabler for success 📌 Train & hire tomorrow’s talent Today!, close competence gaps. 📌 Don’t apply generational stereotypes. Connect with your needs, adapt and modify based your business context, principles. values, culture purpose. 📌 One aligned plan for the entire company and “common” language are key for better and easier exchange across the organization and decision-making process. 📌 End-to-end visibility is key 📌 Invest in technologies and strategies that support responsiveness and recovery. 📌 Continuously assess and evolve supply chain processes and tools to remain competitive. #supplychain #agility #conferenziaworld