F4SS Connect 2019
Digital Imperative: Dealing with the Disruption Cycle
Keynote Speaker: Dr. James A. Tompkins, Chairman and CEO of Tomkins International and Monarch Fx
Dr. Tompkins has continued his extensive research into The New Era of Retail, and now takes it to another level in explaining the digital imperative that all organizations must understand in order to succeed. Dr. Tompkins addresses:
- What is the digital imperative?
- What is the disruption cycle?
- How grasping uncertainty, speed, and reinvention will ease your disruption cycle journey?
- How to empower your organization to deal with the disruption cycle, uncertainty, speed, and reinvention?
- How can you follow the disruption cycle to change the world?
In order for supply chain organizations to evolve to the next generation supply chain they need to understand the answers to these five questions and have the ability to address them.
“The future for supply chain organizations is awesome. There has never been the level of opportunity for supply chain organizations as there is today. The key to success is to build your resilience and vitality, allowing focus to enhance your ability to address the uncertainty, speed, and reinvention of the disruption cycle,” states Dr. Tompkins.
Dr. Tompkins is a dynamic speaker. Click here to view his talk on Creating Competitive Advantage with Innovation and Disruption.
When “Good Enough” isn’t Really Good Enough – Solving Inventory Issues using Big Data
Speaker: Curtis Hedin, Director of Analytics, Jacobs Marketing
Data is the future of retail. Manufacturers and retailers need to be going deeper and wider into data to gain a true picture of their item performance and opportunities. Despite this, many manufacturers and retailers aren’t using data to their full advantage, focusing on top level sales to determine their sales performance or focusing on sell through rates to evaluate inventory levels. Jacobs uses a different approach to retail analytics that looks at the lowest level of brand detail and integrates it with Big Data to help large and small manufacturers position the right inventory, in the right stores, at the right time.
- Learn why data and analytics are becoming even more important because of retail complexity and shopper expectations
- Discover how to go deeper and wider on data to improve inventory allocation and placement
- Leverage a new approach to retail analytics that focuses on translating questions into actionable information
Keys to Driving Successful Supplier Innovation with Mars and Ready Roast
Speaker: Molly Louthan, Managing Director, North America, State of Flux
Everyone wants new ideas, but few companies know how to find, review, and execute to drive new value. In this session, you will learn how to capitalize on your relationships with your supplier to help drive innovation. Molly will also present a case study on innovation from Mars and one of their suppliers, Ready Roast. You will also learn practical tips to help drive the process. Molly Louthan, Managing Director of State of Flux, conducts annual research into supplier management and develops innovation processes for global organizations.
The impacts of the Supply and Demand for Talent
Speaker: John Thomas, Professional Staffing Field Consultant, Express Employment Professionals International Headquarters
In today’s market the impacts on the businesses to manage the limited supply of talent and the demand for skilled workers is causing disruptions in the workplace.
In this session we will review the current market conditions and the impact on your business. Learn how to position yourself to be an employer of choice by making changes in your hiring process. We will discuss the steps to and creating culture to retain talent. Understanding how to selecting the right staffing firm to partner with and engage with in hiring contingent workers is key to keeping your operation running at high productivity. We will discuss ways to make the most out of your relationship with staffing companies.
Supply Chain Digitization – An Imperative to Staying Agile & Competitive
Speakers: Jason Tham, CEO, Nulogy and Phil Short, Director of IT, Mars Canada, Inc.
The speed and volatility of today’s consumer goods world demand a re-imagination of the supply chain. In this new world, CPG companies must digitize their supply chains in order to move with the agility and responsiveness required to triumph through market conditions.
Although agility is the promised land of supply chain technology, what is truly needed to harness the power of tech? This window into Mars’s supply chain digitization journey sheds light on how the CPG giant has built a resilient supply chain that is able to withstand market fluctuations and pressures to win, and is envisioning a future that is even more agile.
In this ‘fireside chat,’ Philip Short and Jason Tham will discuss:
- Why technology is the key component to staying agile and competitive in today’s hyperspecialized and fluctuating market.
- What is being done in the areas of developing an agile supply chain, both within one’s own infrastructure, but also with its suppliers.
- How collaboration is required to leverage technology within one’s organization, and especially to bridge the visibility gaps and “black boxes” that often exist between CPGs and their external suppliers.
- What are some of the objectives, benefits, and approaches to achieve greater agility, lower costs, higher quality/traceability, and better reliability.
- Where can predictive analytics, machine learning, and AI be used to build an intelligent and self-healing supply chain.
A Suppliers Perspective of F4SS’s Integrated Replenishment Process – Breakout Session
Speaker: Matt O’Connor, Vice President of Supply Chain, Rockline Industries
This informative breakout session will provide F4SS Connect attendees the opportunity to learn more about the F4SS Integrated Replenishment Team’s (IRT) process. GOJO Industries and Rockline Industries have integrated their replenishment process, deploying a number of tools developed by F4SS IRT, including Site Level Executed Document, Vender Managed Inventory, Visibility Tool, among others.
The customer supplier relationship has been enhanced considerably based upon the implementation of these IRT tools. GOJO has reported significant savings in inventory (46K cases eliminated opening up 815 pallet positions), 50% faster replenishment, reduced safety stocks, and $70K in transportation savings.
While we have shared GOJO’s perspective regarding the IRT process at past F4SS Conferences, we will now examine the supplier’s perspective as well. This breakout will provide F4SS members the opportunity to learn more about the IRT process and understand Rockline’s experience with these tools and approaches. We welcome your participation and discussion.
BS 8001 and the Circular Economy, Best Practices for Managing Risk
Speakers: Neil Coole, Director, Food and Retail Supply Chain, BSI Americas and Joanna Griffiths, Global Food & Retail Sector Community Director, BSI
In this informative breakout session, attendees will be given an introduction to BSI, and how their capabilities provide industry solutions to manage supply chain risks, such as PAS 7000 and VerifEye Holistic Risk Management. Mr. Coole will discuss why the Circular Economy can be beneficial to organizations and how BS 8001 can help you take steps towards becoming more circular and create direct and indirect value.
Supply Chain Evolution for an E-Commerce Business
Speaker: Lindsay Smith, Vice President, Product Operations, Glossier
As shopping paradigms shift from brick and mortar to eCommerce, we’ve seen a rise in direct-to-consumer brands and a shift in operational requirements, bringing both challenges and opportunities to organizations. In this session, we’ll discuss these considerations through the lens of Glossier: a high-growth, direct-to-consumer beauty company. You will learn about the power of placing the customer at the center of all decisions and how this driving force impacts supplier selection, vendor relationships and quality expectations – with a side of start-up growing pains.