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John Thorpe and I recently had the opportunity to contribute our thoughts on the challenges and strategies for spun-off companies. A few takeaways: > Strategic Independence: Spun-off entities must craft supply chain strategies that resonate with their newfound independence, focusing on efficiency and alignment with their business objectives. > Embracing Agility: The transition offers a unique opportunity to embed agility and innovation at the heart of supply chain operations, responding more swiftly to market demands. > Sustainability as a core value: This pivotal moment allows for the integration of sustainability in to core business practices, meeting both consumer expectations and regulatory standards. For companies at this crossroads, it's not just about navigating the split but about leveraging this moment to forge a path toward a resilient, agile, and sustainable future. Full article is here: https://lnkd.in/gvciaB73
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‘67% of businesses say they’d be obsolete without digital transformation’ If that doesn’t highlight how imperative emerging technology is to manufacturing success, I don’t know what does. We have seen a significant increase in smart manufacturing initiatives within food and beverage over the past 10 years. While the benefits are clear, the industry still faces significant challenges surrounding implementation, scalability, and agility. Join us at #manufbeurope on 13 June 2024 in London, UK to hear how Nestlé, Cargill, Mondelēz International, Danone, Grupo Bimbo, The Coca-Cola Company, Drylaw and more are leveraging technology to accelerate their digital journeys and pave the way for future success. Secure your place today: https://lnkd.in/egPXqRMR I will look forward to seeing you there! #SmartManufacturingConference #FoodandBeverageManufacturing #industry4point0 #SmartManuFB #ManufacturingTechnology #digitaltransformation
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Attended an insightful session by Khurram Mansoor on digitization at Nestlé , where he discussed the various technologies recently implemented and how they were incorporated into their systems. This futuristic approach truly inspired me, and it was reassuring to learn about Nestlé's commitment to the safety of its employees and community. #DigitalTransformation #Nestlé #LearningJourney"
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🌍💡 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽: 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗣𝗣𝗪𝗥 𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿 Today, I delivered an online in-house session tailored to the customer’s needs on the 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗮𝗻𝗱 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗪𝗮𝘀𝘁𝗲 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 (#𝗣𝗣𝗪𝗥) to a global audience of senior leaders from the US, Europe and Asia. 🌟 ✨ One thing stood out during my preparation: Every company’s challenges are unique, but we all share a common goal—building a more sustainable future. I’ve learned that success lies in understanding each organization’s needs and creating customized strategies that turn hurdles into stepping stones. 🚀 What I shared: ↳ What PPWR means for #FMCG brands globally ↳ Why robust processes are essential in this transformative journey ↳ PPWR isn’t just #compliance—it’s an opportunity to innovate and lead sustainably ↳ First milestones are already approaching and brands have to be fast in catching up! With key votes on PPWR expected soon 📆, now is the moment to rethink and prepare and innovate! I specialize in turning complexity into clarity. Whether through tailored workshops, inspiring talks, or custom solutions, I bring energy, insights, and simplicity to the table. Let’s shape the future together! 💚 #Sustainability #PPWR #Innovation #TailoredSolutions #regulatory #Cosmetics
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"Uncertainty and volatility really has become the new norm. So the need for insights to help ... is absolutely critical." Thank you again to Nick Graham (Former Head of Insights, Mondelēz International) for joining us for Decision Precision to discuss why this is the moment for the industry to get closer to driving commercial decision-making. Did you miss our event? Watch the full recording here: https://hubs.ly/Q02Yrgtt0 #DecisionPrecision #insights #insightsindustry #marketresearch #commercialinsights #consumerinsights #innovation #virtualevent #wearebehaviorally #behaviorallyinc
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When a global enterprise hires a new CEO, they should have to pass the Emperor’s Clothes Test. To pass the test, top decision makers should be chosen for their capabilities to meet the specific strategy and operational challenges the company faces and not merely have good general management and financial skills. If managers don’t have the specific background and capabilities needed, either they should be changed or the strategy should be changed. A great example here using Nestle as a most recent case.
https://chiefexecutive.net/could-the-emperors-clothes-test-have-helped-nestle/
https://chiefexecutive.net
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Last month, our team attended The Responsible Sourcing and Ethical Trade Forum organised by Innovation Forum in London, where they discussed how companies, like Ferrero, are working towards implementing human rights due diligence and responsible sourcing policies. Our Head of Responsible Sourcing, Nicola Somenzi, joined a panel of industry leaders to discuss how they can play their part on the road to responsible procurement as well as reshaping the narrative when it comes to the risk assessment approach to human rights. The debate highlighted the key role played by Procurement functions at Consumer Goods Companies in leading the change across supply chains: from generating awareness to defining requirements and monitoring their implementation on the ground. #WeAreFerrero #InnovationForum #ResponsibleSourcing
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In today's world, where things can change in an instant, it's crucial for businesses to have a resilient supply chain. Effective collaboration is a key part of building resilience. It helps companies communicate better, share risks and work together to innovate. But collaboration isn't enough on its own. Integrating AI and other tools can really boost its benefits. AI tools can analyse lots of data, predict potential disruptions and optimise decision-making processes, which makes collaboration in supply chains more effective. Learn how #NARRATE can make supply chains more adaptable, efficient and capable of thriving in uncertain times. European Health and Digital Executive Agency (HaDEA) AIDIMME. Instituto Tecnológico #supplychain #AI #resilience #innovation
🤝 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗞𝗲𝘆 𝗳𝗼𝗿 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 🤝 🌍 Businesses are increasingly recognising the value of strong supplier collaboration. According to an insightful article from Sustainability Magazine, fostering close relationships with suppliers can significantly enhance supply chain sustainability. Here are some key benefits of supplier collaboration: 1️⃣ 𝙄𝙢𝙥𝙧𝙤𝙫𝙚𝙙 𝙀𝙛𝙛𝙞𝙘𝙞𝙚𝙣𝙘𝙮 𝙖𝙣𝙙 𝘾𝙤𝙨𝙩 𝙍𝙚𝙙𝙪𝙘𝙩𝙞𝙤𝙣: Collaborative planning and forecasting enhance inventory management, reduce excess stock, and lower transportation and warehousing costs. 2️⃣ 𝙀𝙣𝙝𝙖𝙣𝙘𝙚𝙙 𝙄𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣: Joint efforts in research and development accelerate innovation, bringing new products to market faster and sharing technological advancements to maintain competitiveness. 3️⃣ 𝙍𝙞𝙨𝙠 𝙈𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩: Collaborating on risk management identifies and mitigates supply chain disruptions, with joint contingency planning and diversified sourcing reducing geopolitical and environmental risks. 4️⃣ 𝙌𝙪𝙖𝙡𝙞𝙩𝙮 𝙄𝙢𝙥𝙧𝙤𝙫𝙚𝙢𝙚𝙣𝙩: Ongoing communication and feedback between partners lead to better product quality and consistency. NARRATE embraces collaboration, paving the way for a more sustainable and resilient supply chain. 🌟 Read the full article from Sustainability Magazine to dive deeper into this topic: https://lnkd.in/dcpnKAFm 🌱🚀 Let's work together for a greener future! 🚀🌱 #NARRATE #SupplyChain #Sustainability #SupplierCollaboration European Health and Digital Executive Agency (HaDEA)
Collaboration is Key for Supply Chain Sustainability
sustainabilitymag.com
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Business Simulation is one of the practical ways to see how decisions can be made and what the probable outcomes will be, giant moves will give great result, I see why Coca-Cola HBC will always be a leading company among competitors. All actions are accounted for. Big name, great brand.
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The Challenge ... 🚀 Transforming Capital Management at Anheuser-Busch InBev 🚀 🍺 Anheuser-Busch InBev faced significant hurdles in managing their capital projects. Their existing system struggled with complex workflows and financial calculations, leading to frequent workflow failures, high support costs, and project delays. This also resulted in inaccurate reporting, impacting their multi-billion-dollar enterprise. 💰 🔍 Our Solution: We stepped in as the specialized vendor they needed, bringing expertise in Capital Management to streamline processes, enhance transparency, and ensure accurate financial calculations. 📈 Results: Discover how we turned challenges into success in our detailed ABI InBev Case Study! 👇 #CapitalManagement #ProjectManagement #FinancialSolutions #CaseStudy #AnheuserBuschInBev #BusinessTransformation #SuccessStory
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