Tag Archive: predict

Pepsi’s Innovations with Artificial Intelligence

May 10th, 2019

Artificial intelligence appears to be taking over the world. I read a fascinating article in Forbes about Pepsi’s innovations using artificial intelligence.  It is quite clear that those executives who are thinking about how to lead this effort will leave the rest in the dust.

For example, Pepsi is working with the University of the Pacific to have a Snackbot deliver snacks and drinks from an app to 50 locations across campus for no fee! Quite an intriguing idea. It delivers rain or shine.

Similarly, in Pepsi’s Frito-Lay factory, they use lasers to hit chips and listen to sounds to determine texture. And this is just the beginning of how AI can relate to process control.  They also used machine learning and a vision system to predict the weight of potatoes which led to millions in savings.

There seems to be no limit to the number of ideas and ways to utilize AI. Have you thought about what you can do in your operation?

What Should We Consider and/or What Impacts Could Arise?
You better get up-to-speed quickly! One way to do this is to join our APICS-IE chapter and our symposium on “The Talent Transformation: People or Robots?“. We have an amazing lineup of panelists including a robotics expert, the world’s leader in GIS mapping software, and more.

You can also read mountains of articles on-line, ask colleagues, attend conferences, network with industry professionals and much more.  The key question is as follows: Are you exploring these technologies and what can they do for your business?

These types of advanced manufacturing and leading edge technologies are becoming quite accessible. But that isn’t enough. Are you involving your team in the process and providing opportunities for education, testing of new ideas and for failure? Otherwise, write all the checks you want; however, it will fall apart when trying to integrate these technologies into your organization in a smart way to achieve a value-added end result. Just pose the question – how can we create a resilient yet automated end-to-end supply chain? No doubt, you’ll circle back to this topic!

6 Questions Predict People Success or Failure in 2018

January 8th, 2018

Quick Question: If you leave your phone at home, is there any question about whether you’d turn around to get it?  And, if you didn’t have your phone at home, is it possible you wouldn’t have gotten up on time in the first place or known what time your meeting starts?   

Technology is taking over the world.
Sometimes it is hard to talk with real people when you need to ask a question.  Thus, it is worth considering the top priorities for people in our new, interconnected, global world in the New Year.

A few questions to ponder.

  1.  Have you walked by your top performer’s desk lately to check in on him/her?  Not an email.  Not a phone call.  Not a social media chat.  But an interactive one-on-one conversation?  
  2.  Have you been upfront with your weak performers?  Have you provided constructive feedback so that they know what to improve?  Think carefully about this question – will they be surprised if you show them the door with dignity if they struggle to implement the feedback?  If so, you better get on it!
  3.  Have you picked up the phone to find out what is on the mind of your top customers? Do you know what is important to him/her?  Do you know what you could do to improve their customer experience?
  4.  Do your suppliers and trusted advisors understand where you are headed and why?  If not, why not?
  5.  Do you have some sort of pay for performance system in place?  Or does the person with the most seniority regardless of value make the most money and receive the best bonuses?  Are you putting your money where your mouth is?  For example, if you are always saying your principles are important, if your top sales person doesn’t follow the principles from time to time, will he/she still receive the biggest bonus check?  What does this tell the rest of your team?

Remember, no matter how sophisticated and technology-rich your company, it will not run without people.    

Last Question:  Do you see people as assets or expenses (overhead)?