Saturday, May 22, 2021

Sustainable Supply Network

I believe ‘supply chain’ is no longer an appropriate description because the combination of market demands and disruptions have fundamentally changed the supply requirements and now demands networked capabilities to meet the normal course of business. The pandemic has highlighted this new reality in a dramatic way through the waves of disruption that have been crashing on the supply chain. These disruptions have been systematically breaking the links in the supply chain and as a result demonstrated the importance of a ‘Supply Network’ in order to sustain the supply. It is too easy to call out the initial disruption of the pandemic as a black swan, a once in a lifetime, event and we would be foolish to think this will be resolved into a ‘new normal’. The new normal will more likely than not be made up of waves of disruption that demand a new sustainable supply network to provide the framework and foundation required to support the market going forward.

The disruptions we experience regularly and with increasing frequency have highlighted the need for a resilient and sustainable supply network that can flex and connect based on the current availability and capability in real time. This has quickly become a base requirement that a significant challenge to the technology and the culture of organizations and especially the marketplace. The disruption and the resulting changed demands on the supply network require agility and resilience to respond along with the tools and methods to swiftly sense the disruption and then just as swiftly determine the appropriate reaction, or series of potential reactions, to the disruption so the network can swiftly and efficiently execute the most appropriate reaction(s). There is no longer an option to perform deep analysis and study the disruption, the market now demands immediate reaction in order to implement a repair to the network from the disruption.

This is where it gets difficult, how does your network first sense the issue and then quickly and efficiently react? The simple answer is that without a real time networked solution that incorporates artificial intelligence tools to sense the issue and then machine learning to analyze the options there is really no way for a human to react is the necessary timeframe. The key to success in this global market is a resilient and sustainable supply network that can work collaboratively across nodes and partner to react and repair the issues. The challenge is overcoming the limitations of the legacy batch processes and practices.

This is something that requires a concerted and coordinated action plan across the global supply network in order to support the market demands. The answer is definitely not bringing manufacturing back to the local market because the global supply cannot support the demand effectively or efficiently. Unfortunately, there are really no ‘easy’ answers to the challenge and on top of this, the response requires a continuous analysis is real time in order to sense and respond in a manner that addresses the issue or the disruption. Disruption in the global market is never the same reason and always requires a combination of multiple responses from multiple supply partners. This is difficult and requires a network response in real time to support the market.

Our goal should not and cannot be to build a new normal, our goal instead must be building a resilient and sustainable network of partners that collaborates to support the changing demands. This is a difficult goal that will not get easier with time. Our current supply chain tools are not architected to support a network and this must be the first step in the journey. This will be a complicated challenge that requires a significant level of collaboration to achieve. Delay will only make the transition more difficult though.

Sunday, May 16, 2021

Conversational Commerce

Conversational Commerce

The retail omni market, along with the entire retail supply chain collaborative network, is being driven by consumer demand towards a significant disruption that will transform the legacy consumer focus into a social commerce, or conversational commerce, marketplace. I think the conversational commerce name is highly descriptive of the transformation and provides a highly descriptive name to the next transformation wave. The next transformation wave will be focused on the two-way interaction between customer and retailer or customer and service provided or retailer and service provider, I’m sure you get the drift, creating an eComerce network market. The next transformation will eliminate the hierarchy across the retail marketplace and replace the hierarchy with a network of direct connections to the appropriate partner at the appropriate time in the retail transaction. The benefits of this model are dramatic for all parties involved and provide the framework for interaction through the next transformation wave.

Conversational commerce is the next logical step in the transformation of the social commerce marketplace network and provides a great way to frame the transformation. The focus of conversational commerce is a network of two-way interaction between consumers and partners to support shopping and purchasing in the omni market. This is a further clarification and more importantly an enhancement to shopping and purchasing in the marketplace. This creates a virtual shopping capability that incorporates virtually the interaction that normally occurs in the physical retail shopping trip. It provides the ability to interact across all of the parties involved in the shopping experience to provide the value-added services and products during the shopping experience that would be difficult in the current standard eCommerce or omni market shopping experience. The two-way interaction is a very powerful tool that will improve the shopping experience and increase the opportunities for additional sales and add-on services.

The transformation definitely requires a means to coordinate and direct the communications across the involved parties and this is where the control tower concept and technology comes into play. A control tower framework is required to provide a plug-and-play framework for communication and collaboration with external partners and even consumers that allows the partners to focus on the business benefits rather than the communication requirements. The control tower framework must be embraced and implemented across all of the partners to maintain the communication and realize the benefits. This framework provides the basis for integration from a message perspective to allow the partner to communicate with a partner in the most efficient manner for the partner while maintaining a clean and stable interface with their own internal systems. The framework provides an externally facing tool that is flexible and robust to simplify the addition and integration with other partners, it does not eliminate the work to external partners, it eliminates the work on the internal integration though to the business applications.

Conversational commerce focuses on the two-way communication between partners, including manufacturers, transport, service providers and consumers. This model will transform the omni channel retail marketplace again based on the consumer lifestyles and the consumer embrace of technology to support the social network. Conversational commerce is another term for what I have been calling social commerce which is the two-way direct communications with all players or partners involved in the retail marketplace. Consumers view retail shopping as a social experience which is why malls were so successful and now the consumers are using conversational commerce to create a virtual mall.

Saturday, April 24, 2021

Artificial Intelligence Improving Logistics









Over the last few years there has been a great deal of interest and development in the area of artificial intelligence (AI) and the potential to improve the supply chain and logistics. There is an immense amount of data available across the supply chain from a combination of Internet of Things (IoT) devices connected directly to supply chain partners and then also a great deal information from your partners across the supply chain network. In addition to the data produced internally through process actions and functionality, there is now an immense amount of data available from external customers to the supply chain network via direct interaction within the extended network through partner portals and direct interactions and integration with supply chain external customers. The Internet and online interactions from eCommerce (B2B and B2C) provide a great deal of this data and supply chain partners would be foolish not to use this data to improve their logistics capabilities.

The challenge for the supply chain network has been two-fold;
  • How to utilize the data
  • What data to collect for both analysis and use
Artificial intelligence starts with the collection of data for analysis and this is an important starting point. There is no way early on in the collection of data to determine what will be important. This is because the analysis must be performed first to understand the potential use and value of the collected data. The intelligence part of the analysis also requires a great deal of information in order to validate the hypothesis and then to determine direction based on this intelligence. Starting with the data you can see why it is so important to collect everything because the intelligence part of the equation will generally require additional data from the same periods to confirm and validate direction.

It is important to collect all data then because you cannot tell what may be important for the analysis when determining direction. The good news here though is that storage is cheap and the technology to analyze vast amounts of data has been improved through game-changing improvements in technology. These two points have probably done more for the growth and development of artificial intelligence than any other developments over the last few years. These improvements in technology allow the supply chain to refine and redirect logistics activities and practices based on facts and data rather than hunches and hopes. Combine these two technologies with the growth of the Internet of Things capabilities and related technologies and the potential for improvements is almost overwhelming.

These increased capabilities bring improvements and opportunities in automation as well, including warehouse location and slotting, along with drones and robotics to improve efficiencies and especially accuracy while reducing costs. These are not the only areas of improvement than can be achieved through artificial intelligence. There will be improvements in volumes, inbound and outbound forecasts for instance, that will bring dramatic change to the supply chain as manufacturers and transportation providers revise their processes to incorporate the analytics into their plans and procedures. The warehouse operation though will also be dramatically impacted as artificial intelligence brings analytics to the equation that allows the operation to understand and immediately adjust labor forecasts to changes in the operation during the date based on near real time events. Artificial intelligence is just another factor bringing transformation to the supply chain and the supply chain must start with a baseline of continuous improvements in the flexibility and continuous change practices in order to meet the transformations.

Tom Brouillette
Contact: tom.brouillette.@gmail.com

Thank you for reading my post on LinkedIn in addition, Here at my blog I regularly write about management and technology trends. To read my future posts on LinkedIn click 'Follow'

Tom Brouillette discusses supply chain trends and provides strategic business & technology advice to his followers.

Sunday, April 18, 2021

Artificial Intelligence Improving Logistics


Over the last few years there has been a great deal of interest and development in the area of artificial intelligence (AI) and the potential to improve the supply chain and logistics.  There is an immense amount of data available across the supply chain from a combination of Internet of Things (IoT) devices connected directly to supply chain partners and the partners across the supply chain network.  In addition to the data produced internally in the organization supply chain actions, there is now an immense amount of data available from external customers to the supply chain network partners via direct interaction within the supply chain network through partner portals and direct interactions  integration points with supply chain external customers.  The Internet and online interactions from eCommerce (B2B and B2C) provide this data.  Supply chain partners would be foolish not to use this data to improve their logistics capabilities.

 

The challenge for the supply chain network has been two fold;

-        How to utilize the data

-        What data to collect for both analysis and use 

 

Artificial intelligence starts with the collection of data for analysis and this is an important starting point.  There is no way early on in the collection of data to determine what will be important.  This is because the analysis must be performed first to understand the potential use and value of the collected data.  The intelligence part of the analysis also requires a great deal of information in order to validate the hypothesis and then to determine direction based on this intelligence.  Starting with the data you can see why it is so important to collect everything because the intelligence part of the equation will generally require additional data from the same periods to confirm and validate direction. 

 

It is important to collect all data then because you cannot tell what may be important for the analysis when determining direction.  The good news here though is that storage is cheap and the technology to analyze vast amounts of data has been improved through game-changing improvements in technology.  These two points have probably done more for the growth and development of artificial intelligence than any other developments over the last few years.  These improvements in technology allow the supply chain to refine and redirect logistics activities and practices based on facts and data rather than hunches and hopes.  Combine these two technologies with the growth of the Internet of Things capabilities and technologies and the potential for improvements is almost overwhelming.

 

These capabilities bring improvements and opportunities in automation including warehouse location and slotting, drones and robotics to improve efficiencies and reduce costs. These are not the only areas of improvement to the achieved through artificial intelligence.  There will be improvements in volumes, inbound and outbound forecasts for instance, that will bring dramatic change to the supply chain as manufacturers and transportation providers revise their processes to incorporate the analytics into their plans and procedures.  The warehouse operation though will also be dramatically impacted as artificial intelligence brings analytics to the equation that allows the operation to understand and immediately adjust labor forecasts to changes in the operation during the date based on near real time events.  Artificial intelligence is just another force bringing transformation to the supply chain and the supply chain must start with a baseline of continuous improvements in the flexibility and continuous change practices in order to meet the transformations.

 

Tom Brouillette

Contact: tom.brouillette.@gmail.com

 

Thank you for reading my post on LinkedIn in addition, Here at my blog I regularly write about

management and technology trends. To read my future posts on LinkedIn click 'Follow'

Tom Brouillette discusses supply chain trends and provides strategic business & technology advice to his followers.


Sunday, March 28, 2021

Next Wave For Retail






The next wave for the retail marketplace is the convergence of the internal business networks that include the supply chain partners and the external social network that includes consumers and the variety of social network sites and connections. The consumer is driving this convergence through their use of network services and connectivity as they are building their own network of connections for services and goods along with their connections. The objective for this consumer network services convergence is to connect in their own personal network both retailers and their extended supply chain partners such as transportations services and manufacturers to build a cohesive and service based network to support their own needs. This extended consumer network of services and computing capabilities, especially mobile capabilities, have given the consumer the tools to build their own social commerce network. Many service providers have recognized this and have developed new services that allow the consumer to create their own personalized shopping and purchasing capabilities. Considering the growth and value to the consumer of these social commerce network services I really do not see this trend slowing are expect quite the opposite.

There are two things bringing this together;
- The first is the computing and network capabilities,
- The second is new service providers taking advantage of these changes.

A big part of this next wave is how retailers and service providers utilize localized and personalized services in their practices. These services will provide the secret sauce that will fuel the next wave of retail. This has been growing for a while now through experimentation from both consumer experimentation and service providers. You can also see that some retailers have embraced the wave and are working towards developing the market in this direction.

I see the key aspect to the next wave as the localization of services and especially as it relates to interactions with consumers which in turn will drive the personalization that can grow as a result of the localization. Consumers have been using social networks and technologies for a while now to develop their own virtual shopping practices and even virtual shopping malls of their favorite retailers. They are using the services that are available from mobile app developers and now Google has jumped into the localization with both feet to provide consumer capabilities to search and shop based on their current location and even their destination location.

The Google developments and offerings they are providing through Maps alone will drive the localization of eCommerce to new levels. Retailers, restaurants and entertainment are offered and consumers are providing the personalized evaluations, ratings and recommendations on goods and services. Consumers are already tapping into these services in their shopping and travel decisions and retailers must recognize this and then take actions to incorporate the capabilities into their plans, services and offerings. Google is commercializing these services to expand their apps and services further into the lives of consumers and retailers and other service providers have a great reason to embrace these capabilities in their offerings to support their own sales and services.

Fortunately for retailers and service providers Google, for one, is providing the framework for localization that can be utilized by retailers and they are happy to provide this framework for others because it extends the Google brand and the data Google is able to obtain from this framework. This is an important benefit that should also push retailers into this next wave; the amount of customer data available as a result of this localization and personalization can be immensely valuable to retailers.

What are your observations and experience in this social commerce network? Are you seeing any impact or changes to consumer demands that can be related to these changes?

Tom Brouillette

Contact: Tom.brouillette@gmail.com

Thank you for reading my post on Linkedin in addition, Here at my blog I regularly write about management and -technology trends. To read my future posts on LinkedIn click 'Follow'

Saturday, March 6, 2021

Solution Is A Stop In The Strategic Journey




A solution is merely an interim stop or milestone in the journey that is your business strategy. Your strategy is your map that guides your way and methods of taking your journey, just like setting up a destination Google Maps with interim stops along the way. Your strategy must be capable of sensing changes and disruption early to be able to respond and most importantly to evaluate your interim deliverables, or solutions, required to meet your long term strategy. Perhaps most importantly, these adjustments in response to disruption allow you to evaluate your strategy to improve, update, improve and focus over time. The ability of your business and market strategy to sense and respond to disruption must also improve over time in order to survive. This, in essence, is a basic tenant of the continuous improvement process and this continuous process makes up the foundational framework to sense and respond to business, market and environmental disruption.

Supply chain network digitization has become a key factor in supply chain resilience with the need driven in large part by VUCA resulting in waves of disruption across markets. The number of companies seeking approaches to measure and benchmark their digital infrastructure and processes is growing as a result. In order to achieve the improvements necessary to support the demand it is important to incorporate tools that can assess, and perhaps most importantly, monitor the benefits and challenges resulting from the digitization process itself.

This is where real time federated networks and control tower capabilities come into play to provide the capabilities necessary to sense the disruption in time to respond to the issue and even recover in time to limit or even eliminate disruptive results. What we are seeing now is the impact from disruption causing additional waves of disruption that in turn impact the supply chain and dependent businesses. This does not need to be the case and should be a critical focus and objective to the supply chain strategy.

We are seeing now a realization of the continuous impact to the market as a result of the state of extreme VUCA we are experiencing. This is difficult to react and address because, frankly, if feels as if the market is in an almost continuous state of disruption. This requires a collaborative technology that brings together the extended partners across the supply chain on a foundation of a federated network that provides the means to collect and analyze the data generated across the supply chain in forecasting the disruption and then providing suggestions for reactions to the disruption. This is complicated by the volume of data available and necessary to analyze and forecast results and the speed of data generation from each of these data points

Control tower technology combined with machine learning and artificial intelligence combine to help to address the challenge. The technology is in a state now that can quickly and efficiently sense and respond to disruption by utilizing the large volumes of digital data through machine learning and artificial intelligence technologies to analyze and identify the disruption along with potential reactions and responses to the disruption. We have entered into a time now where large volumes of data that is collected and available for analysis can actually be processed in a manner and timeframe that allows the supply chain to respond. This is the power of control towers and this next logical step in the strategic journey to the benefits that can be achieved through a robust digitalization strategy.


Tom Brouillette

Contact: tom.brouillette@gmail.com



Thank you for reading my post on Linkedin in addition, Here at my blog I regularly write about management and -technology trends. To read my future posts on LinkedIn click 'Follow'
Tom Brouillette discusses supply chain trends and provides strategic business & technology advice to his followers and companies

Monday, February 22, 2021

Supply Chain Network Resilience

 

Supply Chain Network Resilience

 

Supply chain network digitization has become a  key factor in supply chain resilience with the need driven in large part by VUCA resulting in waves of disruption across markets.   The number of companies seeking approaches to measure and benchmark their digital infrastructure and processes is growing as a result. In order to achieve the improvements necessary to support the demand it is important to incorporate tools that can assess, and perhaps most importantly, monitor the benefits and challenges resulting from the digitization process itself.  This is another variation on a continuous improvement program and requires the same methods and practices to achieve the digitization objectives and benefits.  It is important to review and validate modifications because of the relationships between multiple digitization initiatives and their combined benefits and challenges.  


Kearney’s Resilience Stress Test “Strategic Options To Build Resilience”, assesses supply chain resilience outside of the common disaster scenario capability and capacity planning to be able to rapidly flex, or repurpose, assets, across your extended supply chain network to be able to respond to unanticipated supply shocks, such as trade wars, major weather events, or permanent shifts in demand.  The dimensions of this stress test framework include: geography; planning; suppliers; inbound transportation; manufacturing; outbound distribution; product portfolio and platform; and financial/working capital.


In order to be successful the framework monitoring must be spread widely across all supply network points, and processes, as well as those of suppliers and partners, initially starting with critical processes and partners, with a focus on measuring the degree of digitalization and capabilities in each of these factors. These digitization capabilities and processes include using IoT sensors in logistics or fulfilment operations, robotic process automation in production or distribution, and analytics and machine learning in production centers, inventory management, and financial capital management.  As a starting point, the initial evaluation provides the baseline that should be used to monitor and measure progress and must be developed to support monitoring across your extended supply network.


This is where automated control tower software can and should be utilized to support a process that will continuously monitor the network.  Ideally, this control tower solution would be capable of alerts and even prescribe how to resolve issues as well as actually resolving issues automatically as they occur.  The challenge in the extended supply chain network is caused by the velocity of disruption experienced across your network.  These disruptions can occur with such speed and spread across your network partners that it becomes impossible to perform the necessary analysis and adjustments to react and address the disruption in a timely manner.  It is not enough to identify after the fact because of the potential damage to your business.  The velocity of the disruption and the potential impact requires immediate response and this can be achieved by a robust software solution that spans the supply chain network.


Tom Brouillette

Contact: tom.brouillette@gmail.com



Thank you for reading my post on Linkedin in addition,  Here at my blog I regularly write about management and -technology trends.  To read my future posts on LinkedIn click 'Follow'


Tom Brouillette discusses supply chain trends and provides strategic business & technology advice to his followers and companies.

Sunday, February 14, 2021

Supply Chain Elasticity






There is more and more bluster focused on the dangers of the global supply chain and the only solution is to move manufacturing back to the US. This sounds great in sound bites as an option but is really not feasible and would never move forward to be executed. There are a few significant challenges to moving manufacturing back to the US starting with the fact that no one will pay the increased cost required of products manufactured in the US. The US has been addicted to the cost savings delivered by global manufacturing and it will be next to impossible to wean off that drug. There are a number of additional challenges including; materials supply chain and people and manufacturing plant capacity that have both been redesigned based on global manufacturing capacity and cost savings.

This leaves us in a state of risk for high impact disruption from global events such as pandemic that impacts entire regions and reverberates around the world. The issue is not a global supply chain, the issue is deficient risk identification and mitigation to react and address disruptions as they surface and not after the marketplace has been disrupted. The goal is to limit the disruption to limit the impact. This requires a focus on VUCA analysis and reaction to respond and address the disruption.The solution involves a global supply chain that incorporates key process and partner backup and alternative options for the supply chain including, raw materials, plants and even transport options to reduce the risk of disruption.


This is not a simple solution though because of the diverse and continuously changing supply chain! This requires a coordinated collaborative effort that combines people, process and most of all technology in ways that support the sense and response capabilities of partners and processes across the global supply chain. Luckily, we are entering a time where advances in technology, and especially collaborative technology, can be incorporated to support the velocity of change. The waves of disruption unleashed by the pandemic have started an era of extreme VUCA requiring enhanced technology capabilities to respond with the same velocity.


This is where control tower technologies come into the picture as a means to support a coordinated collaborative response to the waves of disruption. Control tower capabilities and opportunities have come into their own, and really stepped up during the pandemic to quickly show value. With AI, machine learning and process automation added to the control tower tool box you can quickly come to the point where you can quickly meet the velocity of disruption to react to changing demands and continuous waves of disruption. You must come to accept the fact that you will never eliminate disruption, the point is to build the capabilities to sense and respond before the disruption gets out of hand.


Tom Brouillette

Contact: tom.brouillette@gmail.com



Thank you for reading my post on Linkedin in addition, Here at my blog I regularly write about management and -technology trends. To read my future posts on LinkedIn click 'Follow'


Tom Brouillette discusses supply chain trends and provides strategic business & technology advice to his followers and companies.

Saturday, February 6, 2021

Digital Transformation As A Realization

 

Digital Transformation As A Realization

 

In reflection, we have been going through digital transformation since the 19th century and we have reached a point now where technology and technology tools have reached a point where we can begin to realize our dreams.  Science fiction writers have been discussing digital transformation forever and, in fact, we are now entering another significant time of digital realization because the technology has reached a point where the dreams of transformation can be realized.  These capabilities are now creating the next significant disruption that is driving new realization along with new waves of disruptions.  These new waves of disruption are being driven in large part by the dramatic increase in consumer acceptance, and embrace, of digital capabilities that has been driven by the necessary responses to the pandemic.


To paraphrase Arthur C. Clark - technology capabilities look very much like magic when initially introduced.  Consumers have embraced and are now weaving the technology ‘magic’ into their daily lives in ways and capabilities they would only have dreamed even 5 years ago!  These tools and capabilities are bringing new waves of disruption to the market as consumers and companies both experiment.  The greatest factor and force driving disruption now is not really the technology, it's the way that consumers use the technology combined with an impatience that will not wait for the market to catch up.  This is where the winners in the market will shine with a strategy of resilience and flexibility to allow them to sense and respond quickly to the continuing waves of disruption.


I see a key tool and capability that will allow companies to respond to the disruption is the tools and framework of process automation that will allow these companies to put together new processes across legacy applications to test the response.  This provides a significant value to these companies, the ability to ‘try before you buy’ the functionality in a pilot mode.  This strategy allows the company to iteratively develop and validate the process and functionality quickly without wholesale disruption in the legacy business applications.  The process automation concept, and especially the ability to automate across legacy applications, has been around for years. Now the tools and capabilities to meet the rapidly changing demands are coming together through a number of new and more robust RPA tool sets that allow organizations to react to the waves of disruption.


I would argue that legacy ERP applications do not require wholesale replacement and that the new crop of RPA tools can be utilized to modernize the legacy ERP through efficient integration with new tools. The enterprise financial requirements remain through the waves of disruptions and the legacy ERP implemented has been proven to support the financial business so this allows the enterprise to focus on response to the disruption rather than the herculean effort to replace the ERP.  These times of VUCA (Volatility, Uncertainty, Complexity and Ambiguity) require tools that support the necessary flexibility and resilience to react effectively to the disruption and RPA tools provide the flexibility necessary to  

respond efficiently to the disruption.


Tom Brouillette

Contact: tbrouillette@ncspartners.com

@ncspartners


Thank you for reading my post on Linkedin in addition,  Here at my blog I regularly write about management and -technology trends.  To read my future posts on LinkedIn click 'Follow'


Tom Brouillette discusses supply chain trends and provides strategic business & technology advice to his followers and companies.




Wednesday, January 20, 2021

Digital Transformation Starts With You and I

 

Digital transformation starts with your own personal commitment to digitize your personal and professional data to eliminate paper. This is important first to show your commitment to ‘walk-the-walk’ and second to help you to experience both the benefits and challenges from the digital transformation. I have personally committed to digital transformation for all of the reasons expressed for your business and market transformation, however the key reason for me is the ease of maintaining my personal records.  The first time that you quickly find an electronic receipt or a reference to a business question that was discussed in a meeting a month ago will turn you into a convert! 


Look at one example; the My Lowes customer account.  This is not a typical rewards card, or account,  because you do not receive discounts or accumulate points for rewards.  What it does provide though is a digital record of all your purchases and most importantly purchase details for future ease of reference.  A couple of examples of the benefits I've realized are elimination for a need to maintain receipts for returns and ability to purchase the same paint tint for a repair after I've disposed of any physical record and the most valuable example for me is the ability to return products without receipt.  Don’t get me wrong, rewards are an important feature of store loyalty programs, I think that these features provided by the Lowe’s program provide a pretty compelling encouragement to join.


A major challenge to any digital transformation initiative is the start-up effort to build out the framework and foundation of infrastructure to support the transformation.  Any transformation is difficult and the initial start-up must provide a reason and incentive to commit to starting the journey.  Digital transformation, whether personal or professional, is no different and requires the commitment to work through the initial challenges in order to benefit from the improved capabilities.  A personal commitment to digital transformation provides the basis and background for you to evangelize a professional business transformation.   


Fortunately for this movement, the tools currently available, along with the personal experience and acceptance of the digital age delivered by personal computing tools make the commitment a little more palatable.  This is a good thing for business digital transformation because it encourages people to question ‘why not’ and push for business digital transformation.  Every major successful transformation in my memory was driven in large part by the consumer interest and pushing business to change.  It really comes down to expanding and providing the average consumer the encouragement and incentive to embrace the change, once this initial hurdle is overcome the next step is business transformation.


We are at a crossroad now in the digital transformation journey.  Consumers are now embracing the tools and technology provided for personal use and opportunity.  I know that my own personal use of these new tools has dramatically increased as new capabilities have increased to the point where I too am pushing to extend transformation in my business activities.  The pandemic lock-down has also added to my push as I increased digital and video interactions in my work. 

The decision and action points are all converging into an increasing wave of disruption in the market.  The opportunity now is for us in business to embrace and encourage the embrace of these capabilities.  It is important now to review and revise your business strategy to support and implement a resilient and flexible framework that can respond quickly to the changes.  Do not make the mistake in thinking that you have time to respond to these changes!


Tom Brouillette

Contact: tbrouillette@ncspartners.com

@ncspartners


Thank you for reading my post on Linkedin in addition,  Here at my blog I regularly write about management and -technology trends.  To read my future posts on LinkedIn click 'Follow'


Tom Brouillette discusses supply chain trends and provides strategic business & technology advice to his followers and companies.

Saturday, January 2, 2021

RPA As Transitional Bridge To Digital Transformation




Digital transformation is a wide ranging and disruptive strategy that realistically will take years. This strategy will also define the framework that will regularly and continuously replace technology tools based on the changing demands and continuous waves of disruption in the market. You must accept and support this concept in order to be successful in developing a resilient supply chain that is capable of suppurting these transformation efforts. You must accept that there will always be strategic digital transformation initiatives that will focus on areas of greatest return in value. Maybe most importantly, this does not mean that you can afford to only focus on a small number of areas because you will be left behind in the dust of market disruptions.


This means that you must develop a method that will allow you to ‘bridge’ the gap between your current legacy technologies and new technologies that result from market and consumer disruption. One very robust method to bridge the gap is RPA because RPA technologies will allow you to automate processes through the use of technology tools that ‘bolt on’ integration and work flow management capabilities to legacy technologies. There are many examples of these capabilities that bring great value very quickly to your business that will allow you to focus on other strategic initiatives.


I think of RPA as a key tool in your continuous improvement process that will allow you to quickly and efficiently prove out your automation initiatives and strategy. We can no longer afford large initiatives of wholesale change and hope they meet the initiative objectives. We must have a way to prove out the process quickly and RPA provides the tool to support a more resilient and flexible supply chain.


I hear many people stating that RPA is ‘just’ a new and updated method of the old screen-scraper technology from the 90’s in an effort to detract from the technology and encourage the focus on what they feel a better long term capabilities. I am afraid that this focus on the ‘perfect’ will delay the ‘good’ of value delivered quickly through RPA. This strategy is a recipe for failure in these times of continuously changing demands and waves of market disruption. The best course is a focus on resilience and flexibility to sense and respond quickly to the disruption.


My feeling regarding this view is that we do not have time to only focus on the perfect because, quite frankly, perfection will never be achieved. There will always be the new market or customer demand, the new technology, the new application, the new business process that will require inclusion in your strategy and your operation. The focus on perfection will lead to a business failure to meet the demands of your customer and this failure will cause you to lose customers.


Instead, focus on speed of delivery using bridge technology that will allow you to prove the concept prior to a large investment. This is the space where RPA will shine and you can move your business forward while implementing a more long term solution. The first step then is to define your resilience strategy that identifies your weakness in resilience and then use this information to select and utilize a robust RPA tool.


Tom Brouillette

Contact: tbrouillette@ncspartners.com

@ncspartners


Thank you for reading my post on Linkedin in addition, Here at my blog I regularly write about management and technology trends. To read my future posts on LinkedIn click 'Follow'


Tom Brouillette discusses supply chain trends and provides strategic business & technology advice to his followers and companies.