Corning's Journey to Drive Digital Procurement
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Digital means a lot of things to different people, but for Laura Bissmeyer and Deana Denton it meant a new way of doing business. A true case study of business and IT collaboration to drive value.
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Corning's Journey to Drive Digital Procurement
- 1. Digitalizing Supply Chain Strategies SMSC Integrated Planning & Execution Data Platform End-to-End Visibility Next Gen Services Predictive Analytics Smart Supply Chain Enablers Corning’s Supply Chain Transformation: Part 2 Laura Bissmeyer & Deana Denton
- 2. Corning’s Digital Supply Chain Journey Enabling ‘transformative’ versus ‘incremental’ improvements Managing in a world of continuous digital disruption What problem are we solving? Modern people; outdated processes
- 3. Corning’s Digital Supply Chain Journey Enabling ‘transformative’ versus ‘incremental’ improvements Managing in a world of continuous digital disruption What problem are we solving? Modern people; outdated processes Competition Co-creationandCollaboration
- 4. The Framework for enabling ‘transformative’ change The Seven Elements of Supply Chain Digitalization End-to-End Visibility Integrated Planning & Execution Digital Capability Supply Management Services (SMSC) Data Platform Next Generation Service Capabilities Predictive & Prescriptive Analytics Smart Supply Chain Enablers (e.g. Block chain) ERP Business Planning 3D Printing Digital Procurement & Sourcing Smart Warehousing Autonomous & B2C Logistics IOT AI / Machine Learning End-to-EndSupplyChainArchitecture E2E Supply Chain Logistics
- 5. Last Year Update: Setting the foundation Journey toward single global process EMEA Global Baseline Asia Americas Global Digitally Optimized 2014 to 2017 2018 to 2020
- 6. Building Block #1 (or Step 1) Strategic Service Deployment Project Management Negotiations Logistics Source to Pay Trading Contract Manufacturing Compliance & Quality Supply Chain Solutions Value Optimization Strategy Category Management Collaboration Hosting
- 7. Building Block #2 Integrated Planning Services Connected Processes with best in class technology enablers Enabling Human+ Productivity within planning
- 8. Building Block #3 Big Data
- 9. Building Block #4 End-to-End Visibility
- 10. Building Block #5 Next Generation Services SC Sustainability & Circular Economy ManagementcProcurement 4.0: Digital Marketplace 3D Printing
- 11. Building Block #6 Predictive and Prescriptive analytics
- 12. Building Block #7 Smart Supply Chain Enablers No Crystal Ball Required
Notas do Editor
- Outdated processes Outdated human capital Outdated technologies
- Deana’s North glasses reference world where the we need the talent, the processes, and the technology to be real time, connected, adaptive, and collaborative Touchless supply chain
- Quick walk through the 7 digital capabilities
- Challenges and the opportunities - finding exceptional talent and keeping them – keeping them engaged - cost center to a revenue center – to be good enough to sell it externally
- Challenges and Opportunities 60 – 80% of planning is done in spreadsheets The forecasting accuracy isn’t where we need it to be We have in our quest to be touchless we are working with technology partners to develop our path to touchless planning
- Challenges and Opportunities Data has problems not accurate, not complete, BUT even if the data is wrong we have patterns Making the connections to get the insight to differentiate using data 80% of the data that we need is outside the enterprise
- Can’t manage or fix what you can’t see And it is really tough to prove out the business case to traditional finance folks B2C coming to B2B Where’s my stuff, who has my stuff, and how is my stuff Adaptive and collaborative – waze vs GPS
- This has a ton of stuff in it – Digital marketplace – real time and connected P2P learning the differentiator that value to serve vs cost to serve Outcome based vs process based contracts Netflix subscription
- We have a ton of folks using power bi making gorgeous pictures with our data – and this great but we have not yet arrived…this is still predominantly descriptive – what has happened We are deploying solutions now that begin to take us to predictive…what is going to happen People will know what questions to ask. – Alexa Star Trek And then ultimately to prescriptive – providing us with actionable insights and the ability to track and report on the actions that we taken and measure against the options
- Not just technology Innovative approaches MUST co-innovate, crafting the path forward Making powerful connections – collaborative automation Has to involve process innovations
- We have to mention the chicken little syndrome Space X