BIZ Global Team Report will be streaming online starting June 3rd
You will hear from:
Rick Horwitch | VP Global Retail & Supply Chain Strategy | Bureau Veritas Consumer Products Services
Renee T Bavineau | CEO & Founder | Raise The Bar
Lynne Sprugel | CEO | abuzz global LLC
Karsten Newbury | Chief Strategy & Digital Officer | Gerber Technology
Chuck Rogers | Americas Director, Technical Consulting & Supply Chain Solutions | Bureau Veritas Consumer Products Services
Stephanie Joy Benedetto | Co-Founder & CEO | Queen of Raw
Scott Donachie | CEO | Companies for Zero Waste
Philippa Abeles | Global Sourcing Specialist & Founder | Sync Consulting
Kristen (Peterson) Clauser | Sr Manager Premium Brands Product Lifecycle | Ascena Retail Group Inc
Paul Minestrella | VP Sales & Marketing | STC-QST LLC
Sanjeev Bahl | Founder and Chief Executive | Saitex
The virus accelerated change to the base fundamental business models of retailers, supply chains and consumers. For example, the consumer is demanding sustainability and circularity; direct-to-consumer; 1-2 day delivery; specific customization and much more.
Are we going to see 'future factories' this year, micro-factories and urban factories? We know the term near-shoring but now we're discussing neighborhood-sourcing and what it should look like.
Actual examples abound and the BizGlobal team is finding them, studying their business model, in some cases recording them and in others arranging interviews for their presentation on June 3. They are also collectively scripting the future ... this work has never been done before.
Included in this is a calendar not for our traditional markets of millions with 50+ week cycles, but for millions of markets of 1, with cycles of days. Links in the supply chain working in silos will need to be tipped into one local pipeline - and again the AAPN has examples of exactly this collocated production.
As one executive put it, this is not about shaving minutes off of the production but shaving months off of development.
Innovation Team: “Biz Global”: Organization Global—Traditional vs Emerging Business Models
• How do we define the traditional vs emerging business models today? What are they and how do companies move from level to level based on their corporate strategy?
• How do companies address the consumers’ needs?
• What changes need to take place in the Seasonal Calendar, the Supply Chain, and the organizational structure to serve markets of millions but also millions of markets of one?
• How do organizations get out of their silos?
• Today, banks finance against Purchase Orders for retailers. How do we change this and what structure is recommended?
• With low-cost country sourcing, we have far-shoring of supply chains. With micro-factories or urban factories, we have the near-shoring of supply chains. How are sourcing strategies balanced between the two?
• What is an urban factory’s setup lead time? How does a company start working with a micro-factory and use it to accomplish pilot tests and customization/personalization for the consumer?
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