#18 – Supply Chain Modernization with Dr. David Simchi-Levi

In Algo Podcast Episode 18, Dr. David Simchi-Levi and Amjad Hussain discuss Supply Chain Modernization.

Skip, recap, or review with timestamps:

0:00 Introduction
3:04 Designing & Managing the Supply Chain Book
4:25 Supply Chain Digitization & Transformation
5:13 MIT Data Science Lab
6:11 Supply Chain Resiliency Technologies
6:54 Inventory, Transportation & Procurement Optimization
7:19 Supply Chain Digitization & Price Optimization
7:50 MIT Personalized Offerings
8:59 Online Resources Allocation
9:25 How to partner with MIT Data Science Lab
10:38 Supply Chain Digitization: Perception vs. Reality
12:42 Key Capabilities for Supply Chain Digitization
15:22 Smart Supply Chain Digitization
16:40 Redefining CPG Manufacturing Supply Chains
18:48 Supply Chain Digitization during pandemic
19:25 Unified View of Demand: Traditional & Advanced Approaches
23:57 Unified View of Demand: CPG Example
26:45 Generating a Unified View of Demand
30:47 Forecast Accuracy
33:14 Retailer Order Forecast Challenges
35:16 Collaborative Forecasting: CPG / Retailer / Manufacturer
39:48 Forecasting Center of Excellence
41:52 Attribute selection process & data aggregation
46:49 Supply Chain Segmentation
48:47 “Segmentation” is referred to loosely
51:03 Drivers of CPG Supply Chain Segmentation Strategy
52:22 Volume, Volatility & Margin
55:38 Trade-Offs between Responsiveness & Efficiency
58:14 Old / New Approaches in S&OP
1:00:48 Smart Supply Chain Execution: KPIs & KPPs
1:04:53 Comparing Planning & Execution
1:06:03 Requirements for Success
1:06:58 Digital Transformation Journey
1:09:08 Different Styles of Data Science
1:11:02 Forecasting: Explainability
1:13:38 Combining machine learning with domain knowledge
1:15:11 Preparing for COVID-like events in the future
1:20:00 Closing Thoughts

About the host

portrait of Amjad Hussain, one of the author for Algo podcast and the CEO of Algo


Combining human centered AI with deep domain expertise, Algo’s analytics enriched supply chain intelligence platform helps suppliers and retailers plan, collaborate, simulate and execute a more efficient supply chain.

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