Creating Expert Communities with Tweetchats

In June #MMchat aka #MarketerMonday chat will be held for the 100th time!

Established July 26th, 2010 #MMchat has become a weekly tradition for an ever expanding number of CMOs, marketers and others working in and around the digital social networking space. And all of us @TheSocialCMO were recently very pleased when #MMchat was named one of the 15 Essential Social Marketing Twitter Chats by Mashable.

One of the most elusive goals of transient social networks remains the creation of sustainable ongoing communities of interest. Tweetchats are an excellent way to not only establish such an expert community, but to also keep it engaged and growing on an ongoing basis.

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IBM Beefing Up for Matrix Commerce in 2012

In the past two months, IBM has made three strategic moves that bolster its SmarterCommerce portfolio.  Acquisitions of Emptoris and Demandtec expanded sourcing and pricing portfolios while the new version of IBM ILOG LogicNet Plus XE further enhances supply chain network capabilities.  These actions move IBM closer to achieving the technology requirements to support matrix commerce.

New channels such as social, mobile, and virtual goods create new business models that disrupt and expose the weaknesses and rigidity in existing models.  Our research helps guide clients on how to optimize and deploy Matrix Commerce for the right customer audiences. Matrix Commerce extends beyond the sales and customer focus to include management and optimization of supporting sourcing and supply chain facets.

Specific focus of the Matrix Commerce research theme at Constellation Research will be:

  •   Market landscape of next generation products
  •   Relevant use cases by customer type
  •   Nature of Matrix Commerce
  •   Vendor selection criteria
  •   Future of Matrix Commerce

Stay tuned for more details as we prepare to launch Matrix Commerce and see summary of the three IBM announcements mentioned above and our POV in relation to Matrix Commerce.

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Should the CEO also be Chief Social Media Officer?

Why would you ask such a silly question? CEOs are supposed to be busy running the company not messing around with social media tools right?

Is social media really a new function in organizations? And if not do we really need a CSMO, Chief Social Media Officer? Knee jerk reactions aside, more and more CEOs are instead recognizing the power of personally leveraging
social media to lead their socially networked organizations.

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Event Report: Making Valuable Kinexions That Matter

At the Kinaxis Kinexions event last week, CEO Doug Colbeth and the Kinaxis team delivered an exciting and thought provoking show. Despite some would say, over the top showmanship, the stars of this show were clearly customers. On the stage, at the Industry Influencers session, but more importantly at the tables, all sharing their passion for what they see as a key SCM tool. Below are summarized reports on What’s New, What We Saw and What it Means for You.

What was new?

Rapid Response Control Tower

The Kinaxis Rapid Response Control Tower was launched by Kinaxis CEO Doug Colbeth to kick-off the event. The image below depicts all the component extensions to the current Kinaxis    S& OP and SCM product.

Specifically the product extensions with RapidResponse Control Tower allow companies to use a single cloud-based enterprise planning and “what-if” simulation solution to increase customer service, reduce corporate risks, and improve financial performance. This means no more disparate planning tools in multiple functional silos allowing them to simultaneously plan, monitor and respond across multiple areas of the business.

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CSCMP 2011 Recap: The Synergy Supply Chain of the Future

My first CSCMP was in 1989 and I always try to get there every year to catch up with all my logistics and supply chain friends!

As with every year, there are opportunities to learn new things and meet new people. Here’s a link to my recent tweetstream for shoutouts to some of the great people I met this year!

Held again in Philadelphia, this year’s event brought back memories of 2004, the year the old CLM: Council of Logistics Management became today’s CSCMP: Council of Supply Chain Management Professionals!

New of course, in it’s second year, is The CSCMP Supply Chain of the Future exhibition. And I’m pleased to report I did come across the retail & consumer products supply chain of the future but NOT at the exhibition (more on this later)

Those who know me are aware I’m active on Twitter both as @JeffAshcroft and @SupplyChainNtwk. Last year in San Diego we held the very first SCN Tweetup at CSCMP to which 3 people came. Happy to report this year we had a 100% increase in attendees and many, many more tweeting under the #CSCMP and #CSCMP2011 hashtags.

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Watch The Four Hats of The Social CMO Webinar Replay

Take this opportunity to review The Four Hats of The Social CMO webinar replay for a unique look at four roles emerging marketing leaders can embrace as they evolve to become Social CMOs!

As with any new disruptive technology, social networking usage in enterprise business is still in its’ infancy with marketers in a preferred position to gain advantage. CMO’s can benefit from being first movers in introducing and adopting social networking technologies to become social leaders within their organizations.

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Introducing The Four Hats of The Social CMO Survey Research Report

As business requirements change, both the adoption of new technology and the role of the Chief Marketing Officer (CMO) will continue to evolve. This future of the CMO customer survey report addresses two questions: How has the role of the CMO changed? What skills will I need to develop to further my career as a marketing leader? Readers will gain perspective on the new four hats of the CMO, and begin to assess which skills to develop to meet both personal career and business needs. This market overview includes data from a Constellation Research survey of 126 marketing leaders serving CMO roles across multiple industries and geographies leveraging The Social CMO network.

Executive Summary

Previous technology and business shifts have subtly changed the role of the CMO. However, the new consumer engagement models of the social revolution will spawn the need for a new breed of business and marketing technology leaders. These leaders must navigate a myriad of converging and disruptive technologies, align new initiatives to both business value and technology ROI feasibility, and identify strategies to leverage existing program investments to fund innovation.

The traditional CMO must overcome inertia and wear one or more of the four hats or roles for The Social CMO: Chief “Maintenance” Officer, Chief “Migration” Officer, Chief “Measurement” Officer, and Chief “MatrixMarketing” Officer. In our survey of 126 CMOs in the second quarter of 2011, Constellation Research uncovered the priorities for these next-generation CMOs.

Shifting to a Chief Maintenance Officer, Chief Migration Officer and Chief MatrixMarketing role should be a smooth transition for most CMOs, but only a few with vision, ambition and business savvy will grow into the Chief Measurement Officer role. In each of these shifts, CMOs will have to reprioritize their project portfolios and develop new skill sets. Regardless of the shift, a new breed of CMOs will emerge to match the needs of the organization, taking a more leadership-focused, customer experience, and business point of view.

The full report of The Four Hats of The Social CMO is now available for pre-order and will be released the week of September 26th after which date can be ordered here. Members of the Constellation Research Client Community will also have access to a quark providing some additional details.

Jeff Ashcroft

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The Four Hats of The Social CMO Webinar

Join us for The Four Hats of The Social CMO webinar for a unique look at four roles emerging marketing leaders can embrace as they evolve to become Social CMOs!

As with any new disruptive technology, social networking usage in enterprise business is still in its’ infancy with marketers in a preferred position to gain advantage. CMO’s can benefit from being first movers in introducing and adopting social networking technologies to become social leaders within their organizations.

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The Search for Synergy in Supply Chains

As organizations evolve their business models in the coming decade, a new breed of business and technology leaders emerges to meet the challenge. These leaders will navigate a myriad of converging and disruptive technologies, align new initiatives for both business value and technology feasibility, and identify strategies to leverage existing investments to fund innovation. Consequently, traditional supply chain operations also need to evolve along with new roles and focuses for the CSCO. Later in 2011, additional research will be conducted into these new roles.

This initial Constellation Research supply chain report focuses on supply chain synergy, summarizing a significant body of work. The second report in this series will include real world pilot examples and direct improvement results. Questions about the types of supply chain synergy present in supply chains as well as the Supply Chain Synergy Indicators that identify these synergies will be answered.

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SCM is not just about products!
Introducing The SCM Company!

Supply Chain Management for most of the last 20 years has been all about the flow of physical products and related systems information from raw materials sources, through into manufacturing and then storage, distribution, sale, delivery and then sometimes returns as appropriate. But are there not many more opportunities for the company to benefit from the application of SCM principles?

There have been a number of studies over the past several years aligning companies with high performing supply chains with their positive stock market performance and that there is a direct correlation between supply chain and company results. So that in itself would suggest that most companies should look upon supply chain as a core business focus but what I’m suggesting here is much more and why we are creating the blueprint for The SCM Company.

There are many other flows within organizations which can be managed in the same way as the physical product supply chain and those firms which recognize and embrace this concept will no doubt take their business performance to an entirely different level. Are there any of you who’re not with me yet?

Specifically, the other flows in the firm I’m speaking of are people, leads or potential sales, actual sales, cash flow, new ideas products/revenue sources. All of these can be better managed through the application of supply chain management concepts and software with measurement, forecasting, metrics, visibility and full resource and performance planning and results to develop the ultimate high performance firm or what I’m calling The SCM Company!

Look out for my upcoming book “The SCM Company” and below is a sneak peak at the contents for the book.

People and Talent Supply Chain Management

The Sales Supply Chain

Cash Supply Chain

The Innovation Supply Chain

Physical Supply Chain Networks

Collaboration & the Social imperative

Never before has the role of supply chain managers and the systems which support them been more important.

Supply Chain Managers of the world arise and take your rightful places as the leaders within your corporations!

Cheers

Jeff Ashcroft

Copyright 2009 ACI Ltd. The SCM Company tm

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