Globe Business recently launched the 2024 masterclass, “Breakthrough - A Masterclass on Supply Chain Evolution: Embracing Digital Disruption.” The webinar centered on harnessing technology to transform businesses in retail, manufacturing, and logistics, with the goal of evolving these sectors into a digitally-enabled supply chain.
KD Dizon, Head of Globe Business, encapsulated the drive towards digital adoption in her opening remarks, highlighting the era of Industry 4.0 or the Fourth Industrial Revolution, characterized by digitalization and automation across various industries.
“In the interconnected world of today, Industry 4.0 offers immense opportunities and significant challenges to businesses across all sectors. At Globe Business, we acknowledge the crucial role that supply chain management plays in navigating this evolving landscape,” Dizon stated.
The event commenced with a keynote from Francis Kong, a distinguished speaker and entrepreneur. Kong outlined the five major disruptions currently reshaping the business environment: Social and Political Instability, Technological Advancements, Globalization, Climate Change and Environmental Sustainability, and Demographic Shifts.
Kong underscored the transformative power of technology in business and highlighted the critical balance needed between inventory control, costs, and interest rates. He stressed that “today’s business is all about building communities,” urging leaders to cultivate strong relationships with partners and actively seek their insights.
Kong participated in the Fireside Chat alongside industry veterans Charlie Villaseñor, Chairman of the Procurement and Supply Institute of Asia (PASIA), and Ysabelle R. Alonzo, Head of Supply Chain at Equilife Medical Equipment Supplies & Services, Inc. They delved into the impact of Industry 4.0 and e-commerce on the evolution of the retail, manufacturing, and logistics sectors.
Villaseñor highlighted that contemporary supply chain management focuses on three critical areas: Risk Management, Value Creation, and Cost-side Management. He urged attendees to "secure the most beneficial deals for your business to ensure optimal sales operations planning and appropriate distribution channels.”
Alonzo discussed pressing challenges in the manufacturing industry. She also underscored the need for improvements in personnel and processes, bridging workforce skill gaps, and enhancing network capabilities, including connectivity and cloud infrastructure.
Interactive breakout sessions led by industry practitioners Mariel Veluz, CEO and Founder of Sewn Sandals, and Dr. Dan Lachica, President of the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI), offered nuanced insights into specific industry challenges and opportunities. The sessions covered a range of topics, including digital marketing innovations in retail, logistical efficiency, and advanced risk management in manufacturing.
The masterclass not only reinforced Globe Business’ commitment to enhancing supply chain efficiencies but also solidified its reputation as a thought leader and trusted technology partner in the Philippine business community.
The event drew hundreds of participants, including C-level executives and business owners eager to leverage advanced supply chain solutions to drive their businesses forward.
This initiative is part of Globe Business’ ongoing efforts to champion Industry 4.0 among large enterprises and to equip micro, small, and medium-sized enterprises (MSMEs) with the knowledge to leverage e-commerce for growth and sustainability.
To discover how Globe Business can support your retail, manufacturing, or logistics business, visit the Globe Business website.
FAQs
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What was the focus of the Globe Business 2024 masterclass? The masterclass, titled “Breakthrough - A Masterclass on Supply Chain Evolution: Embracing Digital Disruption,” focused on leveraging technology to transform businesses in retail, manufacturing, and logistics into a digitally-enabled supply chain.
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Who were the key speakers at the event? The event featured keynotes and discussions from KD Dizon, Head of Globe Business, Francis Kong, a renowned speaker and entrepreneur, Charlie Villaseñor, Chairman of the Procurement and Supply Institute of Asia (PASIA), and Ysabelle R. Alonzo, Head of Supply Chain at Equilife Medical Equipment Supplies & Services, Inc.
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What were the major topics discussed during the event? The event covered a range of topics, including the major disruptions reshaping the business environment, the impact of Industry 4.0 and e-commerce on various sectors, and the focus areas of modern supply chain management.
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Where can I learn more about how Globe Business can support my business? More information about how Globe Business can support your retail, manufacturing, or logistics business can be found on the Globe Business website.