Bi-Directional Orchestration

27. January 2023

Our 39th iBsing Pioneers session was a cool session ūüėé , with a brilliant guest speaker¬†Nicole Miara, and many attendees. During the session, we discussed the biggest business challenges for 2022, including:
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Issues in the energy market
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Semiconductor shortages
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Volatile demand
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Little interest in major start-up investment
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Steep price increase of metals in Q1 2022
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Raw Material Prices and availability
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Inflation
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Labor availability
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Container and truck availability
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Urgent tech transfers
We also explored different ways of channel and supply sensing, such as:
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Weather patterns
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Human sensor network of organizations
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Lockdown patterns
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Consumer Confidence Index correlation
‚Äʬ†¬†¬†¬†¬†¬†¬†¬†¬†¬†Market patterns
However, we recognized that simply gathering information is not enough and that we need to know how to effectively interpret and take corrective actions based on that information. We also realized the importance of connecting the information to the balanced scorecard in order to be effective and efficient. To continue this important discussion, we will have another iBsing Pioneers session on Monday, February 27th from 4:00 PM to 5:00 PM CET.

 

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