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This Week in Consulting

Wednesday,March 13th, 2019

Supply Chain Planning 4.0: Supercharge your supply chain planning performance

THIS WEEK’S MUST READ

“SCP 4.0 envisions a lean, responsive and digitized setup that fosters data-driven business decisions. It hinges on an agile organization backed by an interconnected system landscape, providing accurate source-to-shelf visibility in real time.”

In a fast-paced and dynamic world, change is the only constant. Manufacturing companies that control their own production must ensure that their supply chain planning (SCP) systems are flexible enough to navigate the complexities that this changing world presents, particularly in the age of digitization. Unfortunately, many firms use outdated supply chain planning practices that reduce their operational efficiency and damage their financial performance.

This Week’s Must Read  is an insight piece from Roland Berger, in which the consultants discuss how companies can prepare for these challenges – and even profit from a rapidly changing business environment – by implementing a contemporary and future-ready supply chain planning setup. In a word, SCP 4.0.

Read on to Find out More: “Supply Chain Planning 4.0“, Sven Siepen, Roland Berger.


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THIS WEEK’S VIDEO:

The fourth industrial revolution is upon us: machines infused with intelligence. This transformation will transform how manufacturing works today, making it 30% faster and 25% cheaper because a machine will know when it makes a mistake and will correct itself.

INDUSTRY NEWS & INSIGHTS

  • Cognizant Acquires Meritsoft : International consultancy Cognizant has announced it has acquired FinTech innovation firm Meritsoft, for an undisclosed fee. The Dublin-based firm specializes in RegTech, tax, post-trade and data analytics solutions, and has worked for a number of the world’s premier capital market institutions. | Cognizant
  • Sia Partners Acquires Loft9 : Paris-based management and technology consulting firm has acquired Seattle-based Loft9, strengthening its tech-driven consulting platform. The move is a part of a strategy to breach a headcount of 500 consultants in the US by the end of 2020. | Businesswire
  • EYP Announces Willdan’s Intent to Acquire Subsidiary, The Weidt Group : Anaheim-based engineering and consulting firm Willdan Group has signed a letter of intent to acquire The Weidt Group – the energy practice of Albany-based design and engineering firm EYP. The firm was an attractive acquisition because of its multi-decade relationships with utilities in a number of states where Willdan didn’t previously operate. | EYP
  • Baringa and EY advise on funding round of FinTech firm DivideBuy :Consulting firms Baringa and EY were among the professional services firms to have advised on investment in FinTech company DivideBuy. The firms were engaged by Souter Investments to provide commercial and financial support, respectively. | Consultancy.uk

THOUGHT LEADERSHIP

  • 6 Ways industry 4.0 is disrupting the Supply Chain: The arrival of Industry 4.0 is heralding the next era in supply chain management, in which suppliers and customers come together in entirely new ways, blurring the lines between the digital and physical worlds and erasing traditional organizational boundaries.  | BDO International
  • The rise of the digital supply network :Change is often hard, but the digitization of information and the application of advanced innovative technologies present the opportunity to drive business value throughout the supply chain. Moreover, digital disruption can change supply chains in any industry. To avoid becoming a victim of disruption, it helps to understand these shifts and adapt accordingly. | Adam Mussomeli, Doug Gish and Stephen Laaper,Deloitte
  • Strategic supplier relationships, sustainability and digitalization: five procurement trends for 2019-With 2018 behind us, many organizations will undoubtedly look back and assess the challenges they faced, the hurdles they were able to overcome, and their achievements. From working closely with international businesses across a variety of sectors – manufacturing to retail, CPG to life sciences – here are insights into procurement can expect in 2019.  | Swarna Rao, The Smart Cube
  • Industry 4.0: How digitization makes the supply chain more efficient, agile, and customer-focused -The supply chain today is a series of largely discrete, siloed steps taken through marketing, product development, manufacturing, and distribution, and finally into the hands of the customer. Digitization brings down those walls, and the chain becomes a completely integrated ecosystem that is fully transparent to all the players involved — from the suppliers of raw materials, components, and parts, to the transporters of those supplies and finished goods, and finally to the customers demanding fulfillment.  | Stefan Schrauf, Philipp Berttram, Pwc

EVENTS

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