Why Supply Chain Digital Transformations Fail (Eric Kimberling) - Ep 181

Summary

In their discussion on supply chain digital transformations, Eric Kimberling and Joannes Vermorel highlight frequent failures due to vendor-driven pressures and misaligned priorities. Kimberling, guiding Third Stage Consulting Group, advocates for technology-agnostic strategies, emphasizing business needs over mere software upgrades. He warns against rushed decisions driven by vendors that often fail to deliver transformative outcomes. Vermorel underscores the importance of leveraging existing systems with innovative add-ons rather than disruptive replacements. Both leaders stress aligning transformation efforts with tangible business goals and underscore change management as vital for success. They advocate for gradual, mindful adoption of technology, ensuring objectives are defined and risk is managed.

00:00:00: Eric Kimberling and Third Stage introduction
00:04:31: Focus on people over tech in projects
00:06:14: Correctly framing digital transformations
00:08:08: Overcoming incrementalism in transformations
00:10:53: Vendor biases risk misguiding efforts
00:12:40: Challenges in forced cloud migrations
00:14:46: Low value in upgrading systems or records
00:19:26: System sensitivities and transformation impacts
00:21:38: Big company vulnerabilities in transformation
00:23:39: Leadership issues increase risk aversion
00:26:22: Lack of strategic perspective in transformations
00:29:42: Importance of mechanical sympathy in leadership
00:32:42: Data latency hampers distributed computing
00:35:42: High costs of terabyte data processing
00:38:38: Tech transformation risk analysis
00:41:43: Visionary strategies for digital transformations
00:44:25: Balancing project budgets with returns
00:47:42: Realistic cost expectations in transformations
00:50:58: Software feature overload hinders productivity
00:53:29: Focus on business processes over tech
00:56:39: Internal management of tech transformations
00:59:45: Bureaucracy in strategic planning execution
01:02:48: Governance prevents chaos in supply chains
01:06:27: Comprehensive overhaul for ambitious transformations
01:09:34: Optimizing capex for supply chain value
01:12:20: Inefficiencies in current transformations
01:15:28: Vendor data usage for competitive advantage
01:18:11: Financial incentives affecting productivity
01:21:13: Pursuing promising software technology developments
01:23:19: Avoid costly failures by acknowledging sunk costs


******
Check out our website: https://www.lokad.com/
Follow us on LinkedIn:   / lokad  

******