Transform your supply chain using ASCM’s SCOR DS model, With Peter Bolstorff

08/15/23 • 22 min

Supply chain disruptions and shifts in ESG requirements have changed how companies are operating, making it more important than ever to use the right tools and processes to reach resilience, profit, and sustainability goals. Peter Bolstorff, Executive Vice President of Innovation and Business Intelligence at ASCM (Association for Supply Chain Management), joins Allen Jacques, Industry Thought Leader at Kinaxis, to talk about staying ahead in this changing landscape. As part of this discussion, they explore the revamped SCOR DS (Supply Chain Operations Deference Digital Standard), a digital, open-access model providing methodology, diagnostic and benchmarking tools so organizations can make rapid improvements in supply chain processes.

Peter talks about changes adopted in SCOR DS to address today’s challenges, including the need for bi-directional, concurrent supply chain orchestration and new metrics that account for resilience, profit, and sustainability. [3:10]

Peter discusses the idea of resilience, and how the supply chain can improve an organization’s ability to be resilient. He speaks about two dimensions to resilience: operational resilience (being faced with disruption and needing to respond immediately) and strategic resilience (processes that allow you to learn from this situation, add it to a playbook, and be more resilient and agile in future responses). He also talks about the importance of balancing both dimensions to operationalize resilience. [7:25]

Peter touches on the trends that supply chain professionals should be focusing on. For the first time they’re seeing a substantial shift, with a dominant theme of using AI to be more sustainable. [16:31]

Upcoming events:

To learn more about concurrent planning, you can find Kinaxis at the “Innovation Lab: Concurrent Planning with Kinaxis” session at the ASCM Connect 2023: North America event at 9:30 am – 10:30 am at Louisville, Kentucky between Sep 11-13, 2023.
To learn more about SCOR DS and Integrated Business Planning, you can find Peter and Allen at their cohosted session at the ASCM Supply Chain Tour at 9:30 am - 5 pm at Anaheim on September 26, 2023.

Registrations are now open! Get your tickets today and use the promo code KINAXIS for $100 off for either event.

Kinaxis is a global leader in modern supply chain management. Our software is trusted by global brands in every industry to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.

Upcoming events:

To learn more about concurrent planning, you can find Kinaxis at the “Innovation Lab: Concurrent Planning with Kinaxis” session at the ASCM Connect 2023: North America event at 9:30 am – 10:30 am at Louisville, Kentucky between Sep 11-13, 2023.
To learn more about SCOR DS and Integrated Business Planning, you can find Peter and Allen at their cohosted session at the ASCM Supply Chain Tour at 9:30 am - 5 pm at Anaheim on September 26, 2023.

Registrations are now open! Get your tickets today and use the promo code KINAXIS for $100 off for either event.

Previous Episode

Driving sustainability goals through supply chain innovation, with Colgate-Palmolive’s Ann Tracy

Sustainability is a topic at the forefront of every stakeholder, company, and consumer’s mind. As regulatory practices become stricter and companies strive to hit their ESG sustainability targets, driving supply chain innovation is now more important than ever. In the latest Big Ideas in Supply Chain podcast, Ann Tracy, Chief Sustainability Officer at Colgate-Palmolive, speaks with Dr. Anne Robinson, Chief Strategy Officer at Kinaxis, to discuss Colgate-Palmolive’s bold approach to reducing environmental impacts and improving social and climate justice.

Ann says she doesn’t see how companies can move forward and achieve sustainability without supply chain innovation. Organizations need to be ready and willing to tackle sustainability at Scope One, Two, and Three because carbon emissions and social impact exist at every step of the supply chain. [5:34]
Colgate-Palmolive has three ambition pillars to help them tackle sustainability: driving social impact, helping millions of homes, and preserving the environment. Their flagship program, Bright Smiles, Bright Futures, brings oral health and hygiene to children globally and they’re constantly designing more sustainable products. [8:19]
Smaller organizations that want to become more sustainable should begin by doing a materiality assessment and mapping out what’s important and relevant for stakeholders and what’s important for their business to determine which priorities should be tackled first. Ann states that one approach is to adopt environmentally conscious behaviors across operations that can save money. For example, more efficient boilers, heat exchangers, and other equipment of that nature are more sustainable and can even reduce the amount of water or heat used. [15:12]

To learn more about the speakers and follow them, see below:

Ann Tracy, Chief Sustainability Officer, Colgate-Palmolive

LinkedIn handle: https://www.linkedin.com/in/ann-tracy-35648711

Dr. Anne Robinson, Chief Strategy Officer, Kinaxis

LinkedIn handle: https://www.linkedin.com/in/anne-robinson-449225/
Twitter handle: @agrobins

Next Episode

AI unleashed: Revolutionizing supply chain innovation

AI has been a hot topic for supply chain leaders thanks to emerging trends like ChatGPT. With new opportunities on the horizon, C-suite executives are questioning what happens next and how AI will impact the supply chain. Kevin O’Marah, Co-Founder and Chief Research Officer at Zero 100, and Pascal Van Hentenryck, Professor at the Georgia Institute of Technology and Director of AI4OPT, join Angel Mendez, Board Member and Supply Chain Innovator, and Dr. Anne Robinson, Chief Strategy Officer at Kinaxis, to discuss groundbreaking AI methodologies and research tested insights in the latest Big Ideas in Supply Chain podcast.

AI is creating a lot of new opportunities in the supply chain, allowing practitioners to address time constraints, plan, and solve problems faster. Pascal says a lot of these opportunities aren’t yet possible, but AI will help us get there thanks to optimization and advanced learning systems. [3:15]
Without good data, optimization and machine learning isn’t possible. However, Kevin and Pascal agree that it may not be an obstacle to implementing AI. Kevin suggests starting with a problem rather than attempting to clean all the data you own to determine where your pain points are. Pascal suggests using data augmentation and forecasting tools to make assumptions. [14:07]
Overregulation may cause regulatory barriers that could prevent progress in AI. Kevin states that it may not be something that can be properly enforced, while Pascal says that there are technologies that already exist for privacy management. He mentions that technology and policy issues need to merge. [23:29]

To hear more from Kevin, Pascal, Angel, and Anne about AI in supply chain, watch our latest Big Ideas in Supply Chain podcast.

Explore more about the work Kevin is doing with Zero100 by following him on LinkedIn and Twitter.

Learn more about Pascal’s work at Georgia Tech and AI4OPT by following him on LinkedIn and Twitter.