This is a guest blog post by Jeff Ashcroft of SupplyChainNetwork.com.
One of the things I most look forward to when attending the RILA Supply Chain conference is all of the great retail global logistics & supply chain professionals and information to be found assembled all in one place.
In just under two weeks in Phoenix, this year's RILA Supply Chain conference will of course once again be no exception with a strong Logistics & Sourcing track including four sessions.
Recently I've spent much time reviewing the application of systems to better manage all aspects of global supply chains. First looking at the component parts of Global Trade Management (GTM) and Global Transportation Management Systems (GTMS); culminating in implementation of overarching Global Commerce Management (GCM) solutions which incorporate both of the above components connected directly to Purchase Orders and Sales Orders at the Product Data Master/ SKU level with all of these integrated directly into company ERP and Financial systems.
Executed properly Global Commerce Management (GCM) will result in complete alignment with Business and Financial systems with no gaps, allowing for extremely powerful Integrated Business & Scenario Planning without the need for any reconciliation or translation across company functions.
My thoughts on the emergence of GCM capability are captured in this recent article 'Moving Beyond Global Trade Management to Deliver on Global Commerce Management'.
Organized by the Supply Chain Steering Committee this year's Logistics & Sourcing Track is focused on some of the most critical topics to global logistics practitioners including Carrier Allocation, NAFTA, US Ports and the ever popular Transportation Roundtable.
This year's Logistics & Sourcing overall track description is as follows:
Today's supply chains are more global and complex than ever. This track addresses critical subjects in global procurement and domestic and international goods movement, from the impact of the changing economy on cost and capacity, to advanced collaboration between shippers and solution providers.
There are two Logistics & Sourcing Track sessions each day and available details on all of these sessions are shared below (times subject to change):
Monday February 26th - 10:30 to 11:15 am - Room: 129 Carrier Allocation
The industry has a need for better forecasting to focus on precision and partner with ocean carriers on volumes. Walmart has worked with Expeditors International to develop and implement Carrier Allocation, a cloud-based collaborative portal that forecasts, plans, and connects carriers and forwarders weeks in advance of shipping to determine the most optimal flow of product.
Lisa Schimmelpfenning, Vice President of Import/Export Administration Compliance, Walmart
Kristie Spielmaker, Senior Manager Global Logistics, Walmart
Michelle Weaver, Senior Vice President, Global Order Management, Expeditors International
Todd Bakke, Walmart Global Account Manager, Expeditors International
Joe Stankovits, Global Account Director, Damco
Joseph Goldman, Vice President, Import Sales, CMA CGM (America) LLC
Session developed by Conference Steering Committee Member Sandra Fallgatter ______________________________________________________________
Monday February 26th - 3:00 PM – 3:45 PM - Room: 129 NAFTA: The Future of the North American Supply Chain ______________________________________________________________
Tuesday February 27th - 10:15 AM – 11:30 AM - Room: 129 U.S. Ports Update
Are the Port gateways able to handle cargo volumes in 2018 and beyond? What is being planned for infrastructure? How does each gateway work with partners to expedite cargo thru their gateway? Hear from a diverse panel of Executive Directors from West Coast, Gulf Coast, and East Coast ports on the latest developments and key issues facing our ports today. Session developed by Conference Steering Committee Members Scott Munker & Sandra Fallgatter Moderator:
Tony Crisafulli, Director, Strategic Sourcing, GAP inc Panelists: John Wolfe, Chief Executive Officer, Northwest Seaport Alliance Gene Seroka, Executive Director, Port of Los Angeles Mario Cordero, Executive Director, Port of Long Beach Roger Guenther, Executive Director, Port Houston Molly Campbell, Director, Port Department, The Port Authority of New York & New Jersey ______________________________________________________________
Tuesday February 27th - 1:45 PM – 2:30 PM - Room: 129 Transportation Roundtable ______________________________________________________________
As if these four Logistics & Sourcing Track sessions aren't enough, there are also two sessions in the Emerging Technology Applications Track which are focused on a series of new technologies which have the potential to literally transform the ways in which global transportation and customs processes are carried out.
For the first session on Blockchain you may have to split up your team and send someone to cover this session as it's taking place at the same time as the US Ports session above. Given the speed at which this technology is emerging, your time will be well spent learning about some of the first real world applications of blockchain in global logistics which will be shared in this session.
Tuesday February 27th - 10:15 AM – 11:30 AM - Room: 122 Blockchain Explained – Next Generation of Global Trade & Supply Chain
Speakers: Jason Evanchik, Senior Vice President, Global Transportation, PVH Corp. Scott Stillwell, PhD, MBA, Senior Vice President, Food Safety & Quality Assurance, Tyson Foods, Inc. Brigid McDermott, Vice President, Blockchain Business Development, IBM Michael White, Head of Global Trade Digitization, A.P. Moller Maersk
Retail legal, compliance and supply chain executives have a unique role in building blockchain solutions to retailer needs. Blockchain has recently emerged as a revolutionary technology with the potential to transform retail supply chains, payment systems, and other operations. Originally constructed to safely and securely record, store, and track digital currency transactions, blockchain technology has the capacity to reduce fraud, enable smart contracts, create a more transparent and secure retail supply chain, and ensure that shopping experiences are consistent and transparent. In this session, leading retailers and producers that are embracing blockchain technology to reduce cost and create a more transparent and secure supply chain will share their experience and reveal opportunities that transform the global supply chain landscape.
Session developed by Conference Steering Committee Member John Moseley ______________________________________________________________
10:15 AM – 11:30 AM - Room: 122 What's Possible in the Evolving World of Data Analytics, Machine Learning & AI?
Speakers: Askia Shaheer, Manager, Transportation Financial Planning, Big Lots Stores Matt Harding, Vice President, Freight Market Intelligence, Chainalytics Jim Haller, Senior Manager, Transportation, Chainalytics
The emergence of analytics as a primary driver of competitive advantage is changing how businesses understand their markets and how they operate. This has resulted in the creation of new opportunities in the supply chain. This session will provide attendees with three key takeaways surrounding the value of data analytics and the organizational alignment of analytical platforms. • Best practices in data analytics and how they can lead to innovation within your organization. • How to align content within the organization. • Examples of machine learning, artificial intelligence, and the planning/requirements process as it applies to transportation markets
Session developed by Conference Steering Committee Members Steve Sigrist & Tony Zasimovich
Any global logistics and supply chain professional thinking things should remain pretty much business as usual is in for a rude awakening as global trade continues to accelerate both in volumes and complexity, especially with the advent of new technologies.
For any who don't agree, just take a look at Alibaba and their most recent Singles Day where products were purchased from 192 countries!
Look out for dramatic growth in the bi-directional flows of e-commerce orders providing access for products into North American markets from across the globe with North American firms tapping into the explosive growth of e-commerce consumer purchasing across Asia.
Even before the coming e-commerce explosion, to get a feel for this growth, the number of tons shipped by ocean containers has already multiplied many times over, in fact almost 17 times from 102 million tons in 1980, to 1,720 Million tons in 2016!
And at the same time as this growth has been occurring, the complexity of conducting global trade and complying effectively with myriad and growing regulatory and licensing requirements has also exploded due to terrorist threats, numerous trade agreements, e-commerce, as well as the sheer growth in types and numbers of products imported and exported around the world on a daily basis.
Layer on top of this new technologies such as blockchain, data analytics, alternative data, machine learning, Internet of Things (IoT) and artificial intelligence (AI) and it's clear we all have much work to do.
As I mentioned in my first RILA blogpost, looking at understanding each of these technologies individually can be challenging enough, but defining the best methods of implementing them all synergistically across the global supply chain is likely the most monumental task ever to face retail logistics and supply chain professionals.
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