In this free-to-attend webinar and Q&A, supply chain leaders will reveal how supply chains were set up to fail long before COVID hit. The combination of changing customer expectations, over use of Lean and Just-in-Time methodologies, SKU proliferation and BOM complexity set the supply chain up for future failure. We'll discuss how over-optimized supply chains reduced both slack capacity and inventory and were at least part of the reason for massive shortages of essential items during the pandemic. We'll also share ideas on how we can move forward as a discipline to make supply chains more robust and adaptive to the changing global environment. Our experts will take your questions.
  • What caused the massive supply chain shortages seen during COVID and the factors behind our vulnerable supply chains
  • The role of lean, Just-In-Time, SKU proliferation, BOM complexity in supply shortages
  • How efficiency models can be the enemy of agility
  • How ever-decreasing lead times removed inventory and, in retrospect, buffers needed to blunt the inevitable disruptive failure
  • The importance of rethinking our approach to safety stocks and how we can move ahead by revisiting our supply chain design
  • author
    Patrick Bower
    Sr. Director of Supply Chain
    Actylis

    Patrick Bower has a wide area of expertise, including S&OP, Demand Planning, Inventory, Network Optimization, and Production Scheduling. A recognized expert on demand planning and S&OP, and a self-professed “S&OP geek” - Patrick was previously Practice Manager of Supply Chain Planning at the consulting firm, Plan4Demand where his client list included Diageo, Bayer, GlaxoSmithKline, Pfizer, Foster Farms, Cabot Industries and American Girl. Patrick’s experience encompasses tenures with Cadbury, Kraft Foods, Unisys, and Snapple. Patrick also worked for the supply chain software company - Numetrix, and was Vice President of R&D at Atrion International. He was also the recipient of IBF’s 2012 award for Excellence in Business Forecasting & Planning.

    author
    Jonathon Karelse
    CEO
    NorthFind Management
    Jonathon’s professional career has consisted of leadership roles in transportation, finance and health products, beginning in supply chain and demand planning roles and culminating in a vice president position in strategic planning and corporate development. He is a recognized thought leader in demand planning and is CEO of the S&OP consultancy NorthFind Management. Jonathon has been a long-term contributor to the IBF’s body of knowledge, with a specific focus on forecasting metrics and diagnostics and forecast value-add. He studied economics at the University of Western Ontario before moving to Vancouver to study law at the University of British Columbia. Jonathon went on to study operations and value chain management at the MIT Sloan School of Management.
    author
    Eric Wilson, ACPF
    Director – Thought Leadership
    Institute of Business Forecasting & Planning
    Eric is a predictive analytics and business planning innovator, author, and speaker. He is the Director of Thought Leadership at the IBF. Prior to this he worked as the Director of Demand Planning at Escalade Sports, Director of Demand Planning at Berry Plastics, and Director of Demand Planning & S&OP at Tempur Sealy International. In 2016, he received the Excellence in Business Forecasting & Planning award from the IBF. He is an IBF Advanced Certified Professional Forecaster (ACPF) with over 20 years of experience. Eric is a visionary in his field, a frequent speaker and panelist for many executive forums and professional conferences, and has written numerous articles in publications such as The Journal of Business Forecasting and APICS Magazine. He is also the author of the books Cultural Cycles and Predictive Analytics for Business Forecasting & Planning.
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