Here’s a scary thought as you look ahead to the new year: business will never again move as slowly as it does right now.
The pace of change and the expectations of customers will only intensify, as new business approaches and whole new business models turn more industries on their ear.
Supply chain is central to this changing world, and supply chain leaders are under increasing pressure to improve efficiency, cut costs, and rethink operations for this rapidly changing business environment.
In the past year, Oracle has published a range of articles exploring best practices for modern supply chain management and highlighting companies that have made big inroads into digitizing their supply chain organization. These articles (and a range of stories covering all aspects of business today) can be found on the OracleVoice column on Forbes.com.
Here are the top five most-read OracleVoice columns focused on supply chain that were published in 2016:
The goal of supply chain management can be stated simply: Deliver perfect orders of profitable products. Sounds easy, right? Actually, that’s a tall order made more difficult if you’re depending on old-school supply chain technology in this data-driven world. A modern supply chain must support the continuous development of products that are differentiated, high quality, and low cost, and deliver them predictably, flexibly, and efficiently every time.
This article takes a look at the three big expectations that CEOs have for their supply chain today, and Jon Chorley, Oracle chief sustainability officer and group vice president for supply chain strategy and PLM, offers 11 tips for supply chain leaders as they look to modernize their operations.
Every corporate spin-off is complex in its own right, but when financial high-wire acts meet national security, that complexity ratchets up to ten. That was the case when optical communications technology company JDSU decided to split itself in two. One of the newly formed companies, Lumentum, consolidated the former JDSU high-speed optical communications products for telecom, data, and laser solutions for materials processing, into a new standalone business.
Lumentum rebuilt its entire IT department in 2015 in preparation for becoming a fully independent company on August 5, 2015. It needed the global trade management function to be operational on that date so that it could continue exporting products. But with a much smaller IT team, Lumentum also didn’t have the resources to implement a customized application. This article explains how they succeeded on an aggressive timeline.
How can you strike the right balance between innovation and the hard realities of the bottom line? George Young, founding partner of global consulting firm Kalypso, offers six best practices for innovation management, and Deanna Fell, vice president of engineering and PMO at Mary Kay, explains how the company digitized its innovation processes.
Many companies move incrementally to the cloud, with different groups chasing their own dream of simplicity and lower costs using department budgets and decision-making—but instead the overall organization finds itself living with a monster of kludged-together parts that keep the IT department (yet again) focused on maintenance rather than innovation.
Jon Chorley, Oracle's chief sustainability officer and group vice president of supply chain management product strategy, explains the six modern business dangers that companies face if they don’t have a solid cloud strategy.
Transforming your business doesn’t happen overnight; it’s a process, and each stage needs to set the foundation for the next. Unless company leaders keep this vision of horizontal end-to-end integrated processes firmly in mind and build the appropriate capabilities as they modernize their operations, their transformation efforts will fall short, says Roddy Martin, Oracle’s vice president of product marketing for supply chain.
This article lays out Gartner’s five phases that companies go through in transforming their supply chain, and Martin explains where and why many companies’ transformation efforts stall out.
To find out more about Oracle Supply Chain Management, visit www.oracle.com/scm