Episodes

  • Redefining Procurement Navigating Geopolitical Risks
    Oct 17 2024

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    Join hosts Michael Jung and Jess Williams in a compelling new episode of Supply Chain Deepdive as they delve into the insights from Boston Consulting Group's recent article, "How Geopolitics Changes the Procurement Equation." This episode explores the intricate ways geopolitical risks are reshaping global sourcing strategies. Amidst rising complexities and political volatility, traditional cost-focused procurement methods fall short. The hosts discuss why companies must now embrace a holistic "best-value" approach that weighs sustainability, risk management, market access, and innovation alongside cost. They also cover practical strategies, such as creating geopolitical risk heat maps, enhancing supplier relationships, and diversifying supply chains to foster resilience in an uncertain world. This episode is a must-listen for anyone involved in global sourcing or procurement wanting to navigate the challenges of today's geopolitical landscape effectively.

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    10 mins
  • Tech-Driven Resilience: Future-Proofing Global Supply Operations
    Oct 16 2024

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    Join hosts Michael Jung and Jess Williams on the latest episode of Supply Chain Deepdive as they explore insights from the comprehensive report "Future-proofing your supply chain operations" by CargoWise in partnership with Reuters. This episode unpacks the myriad challenges currently impacting global supply chains, such as geopolitical tensions, cybersecurity threats, and transportation disruptions. Dive into the strategies for adopting transformative technologies in transportation management, digital documentation, and warehouse automation. The discussion highlights how companies are navigating the digital transformation landscape, the hurdles in technology integration, and the strategic shift towards global platforms that consider total cost of ownership. Concluding with a call for a balanced approach to innovation, this episode is a must-listen for professionals seeking to enhance reliability and agility in their supply chain operations.

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    12 mins
  • Skills, AI, and Sustainability Unpacking PwC’s Workforce Survey
    Oct 15 2024

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    In this insightful episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams explore the findings from PwC's Asia Pacific Workforce Hopes and Fears Survey 2024. This comprehensive study sheds light on the attitudes and expectations of employees across the region, focusing on their reactions to rapid changes, advancements in AI, and environmental concerns. The episode delves into the optimism and apprehensions expressed by the workforce, especially the younger generation, about the future of work, the pivotal role of ongoing skills development, and the crucial impact of climate change on corporate responsibilities. Discover how GenAI is being integrated into workplace practices and how companies can align their strategies with the evolving expectations of their employees to foster satisfaction and retain talent.

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    26 mins
  • From Asia to the Americas: The Strategic Shoring Phenomenon
    Oct 10 2024

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    In this enlightening episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams delve into the concept of "strategic shoring" as discussed in the 'Proximity Premium' report by KPMG. This trend reflects a significant shift in supply chain strategies, with companies moving operations from Asia to the Americas to counter global disruptions. The episode breaks down the key motivations for this transition, including the pursuit of increased agility, improved time to market, and better access to skilled talent. Michael and Jess critically analyze both the benefits and potential challenges of strategic shoring, such as tax considerations, talent shortages, and maintaining robust supplier relationships. The discussion concludes with actionable recommendations for businesses considering this strategic pivot, making it a must-listen for supply chain professionals looking to adapt to the evolving global landscape.

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    12 mins
  • Navigating the GenAI Revolution: Insights from BCG
    Oct 10 2024

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    Join Michael Jung and Jess Williams on the latest episode of Supply Chain Deepdive as they delve into the transformative power of Generative AI (GenAI) in supply chain management, based on insights from the BCG Executive Perspective report. This episode examines how GenAI is set to elevate traditional AI applications by streamlining processes and unlocking new levels of business value. The hosts discuss the myriad benefits and the inherent challenges and risks that come with implementing GenAI. Additionally, they explore a strategic roadmap designed to help organizations effectively navigate and harness the potential of this technological revolution in their supply chain operations.

    This episode is sponsored by Chain.NET, the #1 community of supply chain professionals, register today on www.chain.net

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    21 mins
  • The Future of Procurement: Sourcing Smarter with Data
    Oct 8 2024

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    In this insightful episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams dive into McKinsey & Company’s comprehensive report titled 'Where Procurement is Going Next.' Drawing on data from McKinsey’s 18-year procurement benchmarking study, the hosts explore how top-performing procurement teams are leveraging data-driven decision-making and advanced digital tools to drive operational and financial success. You'll learn how strategic sourcing, supplier diversification, and sustainability initiatives are shaping the future of procurement. Whether you're part of a large corporation or a smaller organization, the episode reveals how even modest investments in data and analytics can lead to remarkable improvements in procurement performance and business resilience.

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    10 mins
  • Forecasting the Future: Lessons from the 2024 Benchmark Study
    Oct 6 2024

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    In this enlightening episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams delve into the "2024 Forecasting and Inventory Benchmark Study" by E2Open, which scrutinizes the impacts of the COVID-19 pandemic on global supply chains. The episode examines the challenges faced by traditional forecasting methods during the pandemic's peak, which led to increased errors and diminished returns on planning. The hosts explore innovative solutions highlighted in the study, such as the integration of AI and real-time data, which have proven crucial in enhancing forecasting accuracy and inventory management. Additionally, the discussion covers the success of multi-echelon inventory optimization combined with demand sensing techniques to streamline operations and reduce excess stock. This episode not only reflects on the lessons learned but also casts a forward-looking view on how businesses can fortify their supply chains against future disruptions.

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    10 mins
  • Automation Unlocked: The Rise of Lights-Out Factories
    Oct 5 2024

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    Join Michael Jung and Jess Williams in the latest installment of Supply Chain Deepdive as they explore the cutting-edge topic of fully automated factories. Delving into a thought-provoking article, the hosts discuss how advancements in artificial intelligence (AI) and robotics are making the dream of "lights-out" factories a closer reality. The episode highlights expert insights into the current successes and ongoing challenges of implementing fully automated manufacturing systems. Listen as the discussion unfolds around the significant benefits such as enhanced productivity, cost reductions, and superior decision-making capabilities, and why manufacturers might consider investing heavily in this technological revolution.

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    Continue the Conversation on Chain.NET
    Don't let the dialogue end here! Join Chain.NET, our vibrant online community for supply chain professionals worldwide. Engage with peers, share your insights, and explore further discussions on the topics covered in our podcast. Whether you’re seeking advice, looking to collaborate, or just wanting to connect with fellow experts, Chain.NET is your platform to deepen connections and expand your professional network.

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    12 mins