Designing Flexibility to Address Uncertainty in the Supply Chain with AI
Identifying different sources of uncertainty is critical to designing flexibility in supply chains and are central to the use of modern AI techniques in machine learning and sequential decision analytics. Adaptable inventory staging, substitutable suppliers, modular product designs and flexible processes are all mechanisms that contribute to the resilience of a supply chain. In addition to identifying mechanisms for flexibility, we need to understand the different sources of uncertainty and the types of exogenous inputs that can affect the performance of the system. At this conference, leaders from industry and academia came together to identify sources of uncertainty and the methods for improving flexibility.
Key takeaways and highlights
Missed the event? Click here to read a post-event write-up or flip through the event photos below or on Flickr.
Event details
Date: June 29, 2022
Time: 8:00 a.m. to 4:00 p.m. (CT)
Location: Loyola University, Lewis Towers, Beane Hall, 111 E. Pearson, Chicago, IL
Speakers
Scott Friesen EVP Strategic Analytics Echo Global Logistics |
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Derek Gaskins Chief Marketing Officer Yesway |
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Mike Hewitt Professor, Faculty Director Supply Chain and Sustainability Center |
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Michael Joyce SVP Supply Chain Strategy, Inventory and Demand Management Dollar General |
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Andy Kettlewell Group VP Inventory and Analytics Walgreens |
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Rajiv Malik EVP Sourcing and Product Services Kohl’s Corporation |
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John McCarville Former Senior VP, Global Supply Chain and IT Griffith Foods Worldwide |
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Ray Nair VP, Supply Chain CDW |
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Maciek Nowak Interim Dean and Professor Quinlan School of Business, Loyola University Chicago |
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Warren Powell Co-founder and Chief Analytics Officer, Optimal Dynamics Professor Emeritus, Princeton University |
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Cerag Pince Associate Professor Quinlan School of Business, Loyola University Chicago |
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Solomon Ray Director, Innovation Iterate.ai |
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Brian Reed Supply Chain Leader, Global and Strategic Accounts Amazon Web Services |
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Wesley Rhodes VP Technology Transformation & Research and Development Kroger |
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Brook Rucinski Sr. Director, Inventory Management W.W. Grainger |
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Krishna Chaitanya Sanka Lead Data and Applied Scientist Microsoft |
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Federico M. Sciammarella President and CTO M×D |
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Tom Siegmund Founder and Chairman Harvest Sporting Group |
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James Sutton Co-Founder and CTO Elevate |
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Annie Valkova Associate Partner McKinsey & Company |
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Brooke Wagner SVP Merchandise Planning and Allocation Designer Brands |
Agenda
8:00 a.m. | Breakfast |
8:30 a.m. | Conference Intro |
8:50 a.m. | How Sequential Decision Analytics Builds Flexibility in Supply Chains Speaker: Warren Powell Download the slides or watch video. |
9:30 a.m. | Panel: Retail Supply Chain |
10:30 a.m. | Break |
10:45 a.m. | Panel: Distributor Supply Chain |
11:45 a.m. | Lunch |
12:45 p.m. | Panel: Inventory Demand Planning |
1:45 p.m. | Panel: Manufacturing Supply Chain |
2:45 p.m. | Break |
3:00 p.m. | Panel: AI Solutions |
3:45 p.m. | Closing Summary & Remarks |
4:00 p.m. | Adjourn |
Research Partner
Special thanks to our Research Partner, MxD.
Trade Association Partner
Special thanks to our Trade Association Partner, the National Association of Electrical Distributors (NAED).
Media Partners
Special thanks to our Media Partners at The AI Journal and CSCMP's Supply Chain Quarterly.
This event is co-hosted by Loyola's Risk Management and Insurance Center, the Supply Chain and Sustainability Center, and the A.I. Business Consortium.