US Manufacturing Lead at PA Consulting. Focused on applying advanced supply chain capabilities to manufacturing and service organizations to integrate and streamline value chain operations. A record of outstanding success with a deep set of experiences across several industries; including Aerospace and Defense, High Tech and Consumer Goods. Diverse educational and work background demonstrates exceptional management, deep expertise, staff development and leadership abilities in a multitude of areas.
Shanton says that the current focus in procurement is one of “firefighting” – that is, daily efforts to stay on top of and ahead of the next seemingly unforecastable disruption. Today’s companies are faced with availability issues, wildly fluctuating commodity prices, transportation challenges and increased costs. He adds: “AI solutions help inform decisions in a seemingly chaotic business environment. Artificial intelligence can be in everything from the development of scenarios and modeling potential scenario impacts and decisions, to developing AI models that forecast prices and help balance the trade-off between current and future prices."
Shanton continues: "Investing in AI to boost procurement and sourcing will become a priority investment area in the near future, due to complex challenges around business volatility and increased labor mobility. Long gone are piece price comparisons – decisions now include aspects like flex capacity / responsiveness, initial sustainability interests, transportation options and resulting costs."15 June 2022
With this type of backlog, it will take several weeks to work through that. It doesn’t go away. And new ships are sailing to the U.S. even as we speak.4 October 2021
For instance, within logistics, there are widely available systems available for digitising transportation management processes and operations. That extends from transportation execution through to international shipments. These are critical, high-value, low-risk options for digitising high-volume, day-to-day operations.4 October 2021