October 18, 2023
32 min Listen
Learn about the emerging IBP technologies changing the game in supply chain with Darrell Edwards.
According to a recent study conducted by PwC, 41% of consumers stated they are willing to pay added fees to have the package delivered the same day it is ordered. With consumer expectations further shifting to an always-on virtual e-commerce experience, same day delivery expenditure is expected to reach $15.6 billion by 2025 in the U.S. alone.
Additional research from McKinsey & Company recently reported that mature integrated business planning (IBP) processes increased sales opportunities by as much as 50%, improved service levels up to 20%, and lowered freighter costs by 10 to 15%.
How can retailers and supply chains leverage the next generation of IBP technology to remain competitive and leverage this market opportunity to increase the bottom-line?
In this episode of Masters of Digital Transformation, host Caleb Masters is joined by Darrell Edwards, the former COO of La-Z-Boy, to discuss:
- Why today’s consumer expectations have increased complexity for supply chains
- How next-generation IBP technology is reshaping the way supply chain operations deliver results
- Leading teams through the adoption of new IBP technologies
About the authors
o9
The Digital Brain Platform
o9 Solutions is a leading Enterprise Knowledge and AI-powered platform helping companies build Agile, Adaptive & Autonomous Planning & Execution Models for transforming enterprise decision-making in environments of rising volatility and uncertainty. Whether it is improving forecast accuracy, matching demand and supply and driving collaboration across the multi-tier supply chain to improve resilience at optimal costs and inventory, or optimizing new product and commercial initiatives to drive revenue growth and margins, decision-making processes from long-range to tactical to execution horizon can be made faster and smarter and connected on o9’s Digital Brain Platform.
o9 brings together game-changing technology innovations — such as innovative enterprise knowledge graph modeling, big data analytics, advanced algorithms for forecasting, demand/supply balancing, scenario planning, real time learning, collaboration, generative and agentic AI, easy-to-use interfaces and cloud-based delivery, and innovative management methods — as well as organization, process and change management best practices to transform decision-making speed and intelligence.
