Tag: Artificial Intelligence

Digital supply chain, S&OP

Intelligent IBP – a new role for supply chain planners

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP. Here, you … Continue reading Intelligent IBP – a new role for supply chain planners

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S&OP

Cognitive Automation in Planning & Forecasting

I recently presented at the 41st ISF symposium from the International Institute of Forecasters, where I discussed #cognitiveautomation in planning & forecasting, which is availably in this video (25 min) I cover:– why #artificialntelligence alone is not enough to achieve #intelligentautomation– what’s really required to achieve #autonomousplanning?– boundaries of automation, augmentation & human centricity in decision making– why the human stays central in the #futureofwork Hope you enjoy cheers, Niels Continue reading Cognitive Automation in Planning & Forecasting

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Digital supply chain, Supply Chain

Seven reasons why Artificial Intelligence can’t drive business value alone

Artificial intelligence (AI) will be at the center of value creation in the future enterprise. It has the potential to augment and automate both physical labor and the knowledge worker. AI powered cognitive automation has the potential to make ordinary knowledge workers into super humans leading to superior performance, triumphing over human genius and activity alone. However, enterprises should not focus on artificial intelligence alone … Continue reading Seven reasons why Artificial Intelligence can’t drive business value alone

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Digital supply chain, Leadership, Supply Chain

AI Is Here to Automate the Knowledge Worker!

This article is my commentary on an article published in Foresight, written by the authors of the book Humachine: Humankind, Machines, and the Future of Enterprise (Sanders & Wood, 2020). For the original Foresight article and other commentary, you can go here. INTRODUCTION: A NEW ERA The authors of The Humachine make a valid point that enterprises should not focus on artificial intelligence (AI) alone … Continue reading AI Is Here to Automate the Knowledge Worker!

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Digital supply chain, S&OP, Supply Chain

Why Cognitive Automation makes IBP more Agile and more Strategic

A common IBP cycle has a monthly cadence providing an – up to 24 months – forward view of a business. It is often supported by a weekly control cycle, sometimes called Sales & Operations Execution (S&OE). This cycle plans demand & supply in more detail and over a shorter horizon, often around 12 weeks. IBP is data and resource hungry. Planners spend up to … Continue reading Why Cognitive Automation makes IBP more Agile and more Strategic

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Digital supply chain, S&OP, Supply Chain

Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. In this article, Niels argues that these technological advances can lead to either (a) planning-process and decision automation or (b) planning … Continue reading Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

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Digital supply chain

Achieving autonomous or “lights out” supply chain planning

Operating in the supply chain world, it’s hard to not come across terminology like supply chain planning 4.0, “light touch” planning or “lights out” planning. All have generated a lot of hype over the past few years … and for good reason. Considerable progress has been made in technology in recent years, continuing at a dizzying pace. Autonomous development is happening in most major car … Continue reading Achieving autonomous or “lights out” supply chain planning

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Digital supply chain, S&OP

How to move IBP from a Tedious Process to an Executive Decision Factory

When I was IBP manager at a multi-billion-dollar CPG company about 10 years ago, I remember a marketing director telling me just before the executive IBP meeting; ‘Niels, this feels like going to the dentist every month’. I agreed with him. Back then, preparing for a monthly IBP meeting was a painful, tedious effort, with my full planning team consumed and running overtime to get … Continue reading How to move IBP from a Tedious Process to an Executive Decision Factory

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Digital supply chain, Leadership, Supply Chain

Artificial Intelligence – beyond the hype, the experts, its weak spots and losing your job

In our household we love our Google Home. My girls use it continuously to play music, ask silly questions, jokes, do calculations and spell difficult words amongst other things. I use it to voice command my shopping list, set a timer and book meetings in my agenda. Speeking to and interacting with a little machine in my living room, that has the capacity to both … Continue reading Artificial Intelligence – beyond the hype, the experts, its weak spots and losing your job

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Digital supply chain, S&OP

The Future of Analytics in Integrated Business Planning

According to Wikipedia, prescriptive analysis is – after descriptive and predictive analysis -the third and final stage of business analytics. Gartner plots prescriptive analysis as the final and most difficult stage of data analytics. This article will draw an analogy with the mapping and car industry to suggest that prescriptive analysis as an opportunity to support Integrated Business Planning (IBP) and business optimization, is not … Continue reading The Future of Analytics in Integrated Business Planning

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