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The Future of the Supply Chain in LA County: How Big Data and IoT are streamlining businesses for success
The success of a business and its supply chain is increasingly determined by the business’s ability to react quickly to market forces and make smart decisions based on hard data. That’s obvious—what’s less obvious is how to do this.
For the past decade or so, large businesses have been obsessed with collecting and storing data about their customers, their own internal processes, external market information and so on. The problem is that many businesses have found themselves paralyzed by the amount of data they have collected. And, it’s not enough to simply collect data—it’s important to formulate questions the data can solve. To do that, these businesses need to invest in the analysis of data. That means hiring data scientists and investing in advanced business intelligence tools, so they can gain a competitive edge.
Supply chain management is changing rapidly. For growing small and midsize businesses, the key is to recognize the big trends and consider which ones you can feasibly implement.
— Invest in analytical infrastructure. As the supply chain becomes more digitized, you’ll need trained data scientists versed in supply chain management, as well as advanced business intelligence tools, to help you make informed decisions.
— Look for ways to automate. While you might not be able to afford a sprawling automated warehouse operation like Amazon’s, you might be able to find cheaper automation solutions (e.g., less advanced warehouse management systems). These systems can reduce labor costs and make your supply chain more efficient and profitable.
Please join us for a deep dive into how your business can prepare for the future of supply chain management!
Principal Consultant, enVista
Michael will share his macro view of omnichannel distribution and the future of supply chain management across myriad industries
Michael Carmody specializes in transportation operations and system implementations, his responsibilities at enVista include transportation operations design, transportation system configuration, project management, system integration design, application testing, training, and cutover/go-live support. Michael has led clients to Go Live and beyond in the MercuryGate products for over 5 years in the USA and Mexico. Responsibilities include integration with upstream and downstream systems relative to Transportation Management applications, including Order Entry, Inventory Management, and Warehouse Management Systems.
Prior to enVista Michael led cloud TMS implementations for MercuryGate clients that include several Fortune 1000 companies including FEMSA Logistica, School Specialty, Transplace, Bedrock Logistics, and Mercer Logistics. Michael also setup channel partnership programs and designed automated factoring procedures as Vice President of Innovation at eCapital, a leading factoring processing over $1B annually.
In his spare time, Michael and his friends have launched a non-profit organization to provide software products to small and medium-sized organizations to leverage the aid in rebuilding after natural disasters. You can follow Michael at www.KarmaDelivers.org
Director of Global Trade & Supply Chain Solutions, Bank of America Merrill Lynch
Caroline will share her banking expertise on supply chain financing for all business sizes in a variety of industries
Caroline Brown is a Director of Global Trade & Supply Chain Solutions at Bank of America Merrill Lynch. Based in Los Angeles, she is instrumental in leveraging the bank’s core competency in global trade and supply chain, knowledge of best practices among industry leading importers and exporters, and a focus on working capital optimization and risk mitigation. She now serves as Co-Chair of Bank of America’s Southern California Black Professional Group and member of the African American Leadership Team.
Prior to joining Bank of America Merrill Lynch in 2013, Brown was First Vice President of Comerica’s International Trade Finance Department and Co-Chair of Comerica’s Western Market African American Initiative. As the former Director of the California Export Finance Office of the State of California; she also served as the Acting Director of the State’s Office of Export Development. Caroline began her 25+ year banking career with Bank of America where she established her career in management while developing a comprehensive business background.
Dr. Vandana Mangal
(former) Executive Director, Easton Technology Management Center and Co-director, BIT – UCLA Anderson School of Management
Ana will be discussing how Big Data, IoT, Machine Learning, and AI are shaping the future of supply chain management
Dr. Vandana (Ana) Mangal’s current areas of practice, teaching and research include the data ecosystem, AI and the transportation mobility value chain. In addition, she is working with Higher Ed institutions to help determine strategy and execution to educate future leaders in this digital era.
In her recent role as the Executive Director of the Easton Technology Management Center at UCLA Anderson School of Management, she has played a key role in building a platform to bring together students, faculty and alumni/industry leaders for the purpose of teaching, research and scholarship. The impact of this unique program she helped develop for MBA students has brought a ten-fold growth in the student base, revenue generation for the center and engagement of the Silicon Valley and Silicon Beach communities that has made the school a visible leader in tech leadership education, ranking #4 in tech careers for MBAs this year.
In her recent role as the Co-Director for Business and Information Technologies (BIT) at UCLA Anderson, she has been instrumental in understanding disruption in value chains of sectors with technology innovations. She has published four books, papers and articles and, served as guest editor of a special issue of a journal. Dr Mangal has given talks and participated in panels. She spoke about Big Data on the City of Santa Monica TV. She has taught Big Data and Cloud courses at Anderson and to executives in global universities.
Senior Director Supply Chain, L3 Technologies, Electron Devices Division
Amish will give insights on how data quality and accuracy are integral in building trust in the supply chain system
Amish comes to L3 with 13 years of Supply Chain Management experience, including Production Planning, Material Management, Strategic Planning, and Transformation Management. His strengths include, Situation Assessment and Strategic Planning, Material Cost Control, Sourcing and Supplier Management, ERP/MRP Implementation and Configuration, Process Improvement and Standards Creation, and Organizational Leadership and Development.
Most recently, Amish served as the Director of Avionics Supply Chain, Operations Planning, and Material Planning and Fulfillment at SpaceX. Amish holds Bachelors of Science degrees in Business, Computer Information Systems, Astrophysics, and Biology.
Pratik will give perspective on how software technology platforms provide global supply chain management for businesses
Pratik is an investor and a global executive with a career spanning the United States, Europe and Southeast Asia. A born entrepreneur with a track record for founding and scaling business operations, Pratik brings a wealth of expertise in supply chain design, implementation, technology and business strategy.
With more than 20 years of experience, he has held leadership positions for Fortune 500 companies like Apple, Beats Electronics, 20th Century Fox, and many others. Pratik also holds board and advisory positions for various startups like Arlians, Venzee and others. On a lighter note, Pratik is an avid Formula 1 fan and still dreams of becoming a race car driver.
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