demand forecasting

In this episode of Flanigan’s Eco-Logic, Ted speaks with Ahmad Faruqui, an energy economist whose distinguished career working with electric utilities encompasses expert rate design, demand response program structures, the integration of distributed energy resources into the grid, demand forecasting, decarbonization, electrification and energy efficiency, and load flexibility.

In his career, Dr. Faruqui has advised some 150 clients in 12 countries on 5 continents and appeared before regulatory bodies, governments, and legislative councils. He has authored or coauthored more than 150 papers in peer-reviewed and trade journals and co-edited 5 books on industrial structural change, customer choice, and electricity pricing. He has taught economics at San Jose State University, the University of California, Davis, and the University of Karachi and delivered guest lectures at Carnegie Mellon, Harvard, Idaho, MIT, New York University, Northwestern, Rutgers, Stanford, UC Berkeley, and UC Davis.

He and Ted discuss his background, born and raised in Pakistan post partition, studied Economics and went into Civil Service before moving to the US and attending UC Davis for his PHD, which led to work in forecasting for the California Energy Commission. While working in energy, Dr. Faruqui still remained very engaged with defense policy in his home country, becoming the leading voice in mainstream conversations about Pakistan in the US post 9/11. He has carried out in-depth analyses of Pakistan's defense policies, evaluating the multiple dimensions of national security, the combat effectiveness of armies, and the consequences of spending more on the military dimension and less on the social, cultural and economic dimensions of national security.

He shares his journey in the energy world, highlighting the Demand and Conservation Program at the Electric Power Research Institute (EPRI), as well as his consulting works at The Brattle Group. He also shares the more contentious parts of the journey, seeing the utility industry go from basic rate structures to more sophisticated rates, leading to the question of what rates do in the ideal that help society, and diving into the net energy metering / net billing issue. 

He concludes by sharing the energy efficiency improvements he's made in his home over the years, including changing HVAC equipment, installing rooftop solar, adding battery for backup during outages, and buying an EV, all leading to bill savings and happiness as a result.

Hannah Kain, President and CEO of ALOM, a supply chain company she founded in 1997, oversees its global operations serving Fortune 500 customers in technology, automotive, life sciences, and regulated industries across 19 locations. Born in Denmark, Hannah has a diverse background, including teaching at Copenhagen Business School. She holds multiple board positions, including with the National Association of Manufacturers and WBENC, where she serves as 1st vice chair. Recognized for her leadership, Hannah has received various awards, including being named a 2023 SDCE Supply Chain Pro to Know and a 2021 WE USA Top WBE CEO. In 2020, she was featured in Business Insider's Top 100 People Transforming Business and received the SDCE Women Leaders in Supply Chain award, among other honors.

SHOW SUMMARY

In this episode of eCom Logistics Podcast, Dan Coll and Ninaad Acharya interview Hannah Kain, the President and CEO of ALOM, a supply chain company. Hannah shares her journey of starting the business in the 90s and discusses the catalysts that drove her into the supply chain space. She emphasizes the importance of technology, quality, and sustainability in supply chain operations. Hannah also addresses the challenges faced by women in the industry and the need for ESG (environmental, social, and governance) reporting. She highlights the role of AI in supply chain and shares her insights on future trends and challenges.

HIGHLIGHTS

[00:02:55] Hannah's motivation for starting ALOM and her fascination with technology and manufacturing
[00:08:09] The importance of technology, ESG, and quality in ALOM's approach
[00:11:44] The origin of ALOM's diverse service offerings and their focus on customer needs
[00:13:23] Discussion on the challenges and experiences of being a female founder in the 90s
[00:23:18] Hannah emphasizes the importance of integrating sustainability into every decision
[00:27:05] Hannah shares a story about addressing human trafficking in the supply chain
[00:29:19] Importance of employee engagement and retention in creating a positive work environment
[00:32:12] Hannah shares her approach to onboarding and reducing the time it takes for employees to become effective
[00:34:00] Dan asks about the use of AI in supply chain and Hannah's perspective on its current and future applications
[00:42:32] Challenges in the supply chain industry

QUOTES

[00:00:27] "Once you start measuring and actually have a system for capturing data, it's where you can really leverage and make a difference in those areas."
[00:23:18] "I think it's key to get it into every decision being made and also to create that visibility over to customers."
[00:34:00] "I think a lot of the issues we're having now will be solved by technology. And so I'm a big technology believer."

Find out more about Hannah Kain in the link below:
LinkedIn: https://www.linkedin.com/in/hannahkain/

Bedrijven streven er al jaren naar om intelligente technologieën te implementeren. Het einddoel is dat deze machines niet alleen de beslissingen nemen, maar dat deze beslissingen ‘goed’ zijn en niet door een mens hoeven te worden gevalideerd. Hoe kun je, nu bedrijven AI, Machine Learning en andere geavanceerde technieken omarmen, deze revolutionaire technologie gebruiken om de efficiëntie in de hele toeleveringsketen te verbeteren?

In deze aflevering van Slimcast praat Steven Pauly ons samen met Olivier Garmyn bij over de laatste ontwikkelingen op het gebied van AI en Machine Learning binnen voorraadbeheer. 

Lees ook ons blog over Machine Learning: KLIK

In today's episode of the Digital Supply Chain podcast, we dove deep into the heart of modern supply chains with Diego Pantoja Navajas, VP and GM for AWS Supply Chain.

In our  conversation, Diego unveiled how AWS is revolutionising the supply chain world. Amidst the chaos of the pandemic, we've all felt the strain on global logistics. Diego's insights remind us that digital transformation isn't just jargon; it's the lifeline for businesses striving to thrive in unpredictability.

We tackled the meaty challenges supply chain managers face—demand prediction, inventory accuracy, and the logistics labyrinth. AWS isn't just collecting data; they're making it speak, offering actionable insights so businesses can predict and pivot with confidence.

Key takeaway? Technology is a game-changer, but it’s the human factor that turns data into decisions. AWS is dedicated to demystifying data, making the complex understandable, whether on a computer or a mobile device, paving the way for informed decision-making.

Looking ahead, Diego paints a future rich with investment in the technology-human interface. Expect to see AWS's relentless drive in creating seamless, integrated solutions across the board.

If you're seeking more info or want to start a conversation, Diego welcomes you to connect on LinkedIn or explore AWS Supply Chain's offerings.

It was a pleasure having Diego on the podcast, and I trust his expertise and foresight will inspire and inform your supply chain strategies.

Keep optimising, and remember, the supply chain isn't just a process; it's the backbone of your business success.

And don't forget you can check out the video version of this podcast at https://youtu.be/YnvS4_I6B-k

Podcast supporters
I'd like to sincerely thank this podcast's generous supporters:

• Lorcan Sheehan
• Krishna Kumar
• Olivier Brusle
• Alicia Farag
• Joël VANDI
• Luis Olavarria
• Alvaro Aguilar

And remember you too can Support the Podcast - it is really easy and hugely important as it will enable me to continue to create more excellent Digital Supply Chain episodes like this one.

Podcast Sponsorship Opportunities:
If you/your organisation is interested in sponsoring this podcast - I have several options available. Let's talk!

Finally
If you have any comments/suggestions or questions for the podcast - feel free to just send me a direct message on Twitter/LinkedIn.

If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it.

Thanks for listening.

Slimstock is op 8 & 9 november 2023 weer aanwezig op de ICT&Logistiek beurs om jou over de nieuwste logistieke oplossingen in de supply chain te vertellen. Naast een eigen stand is er ook een kennistheater waarin verschillende sprekers antwoorden geven op vragen als: "Hoe zet jij in op duurzaamheid, datagedreven logistiek én ketensamenwerking?"

In een speciale podcastaflevering blikken Jan Kraaijeveld en spreekstalmeester Harm Beerens alvast vooruit en vertellen ze je alles over het programma van het Slimstock kennistheater. Wat kun je als bezoeker dit jaar verwachten, wie zijn de sprekers en waarom is dit voor jou interessant?

Ook enthousiast geworden na deze podcast? Kom naar de beurs en bezoek onze stand (Hal 3 en 4, Stand 03.B093) waar onze experts je graag met een kop koffie bijpraten en/of reserveer jouw plek voor één van onze lezingen in ons kennistheater!

Meld je nu aan voor ICT&Logistiek 2023! 

Lees onze blog over Sales & Operations Planning (S&OP) in het digitale tijdperk: KLIK

www.slimstock.com

Retailers face a constant battle to maintain strong margins. Yet, in an era where environmental consciousness and societal issues are gaining immense traction among consumers, retailers must embark on a new challenge to create more sustainable and ethical supply chains. But how can retailers harmonise their moral and environmental responsibilities with their relentless pursuit of profitability? 

This podcast will take you on a journey through time as our hosts investigate how the rise of globalisation, the shifting economic environment and evolving consumer trends has forced businesses to prioritise efficiency in their pursuit of improved sustainability. 

Join Slimstock’s supply chain experts, Will Severn and Mike Donnelley as they explore how the push towards sustainability is revolutionising retail supply chains.

In today's competitive landscape, retailers must adopt a holistic approach to align commercial and operations teams with the wider business. As a platform for collaboration, S&OP is gaining ground in many industries. But how can businesses in the retail environment unlock the potential of S&OP to mitigate risk and deliver stronger profits?

Join Slimstock’s supply chain experts, Will Severn and Mike Donnelley as they explore how retailers can take advantage of S&OP unlock new levels of efficiency, responsiveness, and customer experience.

Retail is a complex and changing environment. And to thrive in this industry, retailers must constantly adapt. However, faced with tough economic conditions, widespread disruption and growing consumer pressure to deliver goods faster and cheaper, supply chain agility has become a competitive differentiator. 

Join Slimstock’s supply chain experts, Peter Bocken and Will Severn as they explore the emerging trends and challenges retailers face today. Exploring the rise of omni-channel, the impact of economic stress on consumer shopping behaviour and the nuances of fashion, food and con food environments, this podcast will demonstrate how you can mitigate risk to create more response and efficient supply chains. 

What has disruption taught us about global supply chains? Dr. Robert Handfield shares his vision on what agile and resilient supply chain models look like in the future. He is Professor of Operations and Supply Chain Management at North Carolina State University, as well as Founder and Executive Director of The Supply Chain Resource Cooperative.
 
On this episode, Handfield joins host Alex Maiersperger to talk about the impact of the pandemic on global supply chains and provides insights into what has worked, what hasn’t, and what learnings we can apply in the future. 

Handfield speaks about the dependency on global supply chains for urgent medical supplies during the COVID-19 pandemic, such as masks and disinfectants, and inadequate national stock, due to a just-in-time inventory management system. Having strategic national stockpiles in place has become a major governmental and industry focus, as well as the effort to increase domestic sourcing of certain medical and pharmaceutical products. 

Handfield speaks about a shift towards regional supply chains and near shoring, a concept where a company transfers work to suppliers nearby in the region where possible, despite continuing to remain dependent on certain products from global supply chains. Finally, Handfield emphasizes that having the right technology, training and workforce in place, will be key to resilient and agile supply chain systems in the future.

All presentations represent the opinions of the presenter and do not represent the position or the opinion of SAS.