Lessons From Award-Winning Supply Chain Innovations
Mar 1, 2024
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Explore the latest innovations in supply chain, including award-winning solutions from Dell, Danone, and General Mills. Learn about the impact of generative AI on supply chain advancements. Get recommendations for supply chain leaders to drive business value through innovation efforts.
Supply chain leaders driving innovation focus on impactful societal and environmental solutions.
AI and technology play a significant role in driving operational enhancements and automated systems in supply chain processes.
Deep dives
Innovation Trends and Insights
Supply chain leaders are embracing innovation, with a record-breaking number of submissions showcasing purpose-driven innovations to solve global issues. The 10-year anniversary of Gardener's Power of the Profession program revealed a diverse mix of submissions from companies of various sizes and industries. Notably, companies are instilling a culture of innovation in their supply chains, resulting in operational improvements and cost reductions.
AI Dominance in Innovation
AI and technology innovations are dominant in this year's submissions, with nearly 70% of finalists leveraging AI solutions across different supply chain functions. Companies are upscaling their talent to be digitally savvy, driving innovation and operational enhancements. Examples like Colgate and Google demonstrate successful integration of AI into supply chain processes, enabling more automated systems and improved decision-making.
Notable Innovations and Impact
Innovations like Dell's Lisa virtual assistant for the deaf and hard of hearing, Denone's customer-patient authentication system, JD.com's resilient planning with AI, and General Mills' meal connect for food waste highlight impactful solutions from different industries. The focus on social impact and sustainability, such as Lenovo's e-waste reduction program, showcases how supply chain innovation is addressing critical societal and environmental challenges.
The current state of innovation in supply chain (1:08)
Examples from leaders in the 2024 Power of the Profession Awards (3:46)
Hype around generative AI shifting toward reality (6:34)
Recommendations for supply chain leaders driving business value through their innovation efforts (11:54)
Host Thomas O’Connor and guest Maria Nieradka, a Gartner vice president analyst for supply chain, discuss this year’s growing innovations in supply chain through the lens of Gartner’s 2024 Power of the Profession awards. They dive into the thriving world of innovation within supply chain through standout submissions from Dell, Danone and General Mills. They also touch on generative AI’s heavy impact on the year’s innovations across all spaces, not just technology.
Thomas and Maria close the show with recommendations for supply chain leaders who want to drive business value through their innovation efforts.
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