Info

Let's Talk Supply Chain

Let's Talk Supply Chain is not your average supply chain podcast. We feature not just the top of the industry, but also diverse voices from within the community, new innovations and the disrupters making waves in the industry. Don’t listen to the same ol' same ol', be sparked by new ideas and fresh perspectives only on Let's Talk Supply Chain.
RSS Feed Subscribe in Apple Podcasts
Let's Talk Supply Chain
2021
January


2020
December
November
October
September
August
July
June
May
April
March
February
January


2019
December
November
October
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
July
June
May
April


Categories

All Episodes
Archives
Categories
Now displaying: May, 2020
May 25, 2020

We are finding that a lot of supply chain software takes a lot of time for on boarding and our guest today is here to tell us about their solution that can be implemented in days! Thats right Chris from Right Sized inventory is here to tell us all about how they make that happen and what they are doing for warehouses everywhere,

Chris is the Vice President of Right Sized Inventory, an optimization software that helps companies eliminate inventory imbalances through real life simulations. By gathering the correct data all in one place, RSI helps companies get started with predictive analytics and supply chain optimization.

With safety stock being questioned these days because of Covid and organizations are looking at different solutions to help diversify their inventory such as just in case instead of just in time, Chris tells us how his clients are using the data RSI provides them with differently, and they are seeing requests they have never seen before.

The unique selling point with RSI is that they help companies manage their inventory more efficiently at an affordable price. How? They use their own patented technology that gathers and synthesizes data in a couple of hours. By using their software, clients are able to manage their inventory surplus and excess, helping them save them millions of dollars as well as improve customer service levels.

Since RSI is affordable and based on tech, they are able to work with companies of all sizes. Using one real life example, Chris explains how they decreased a client’s inventory levels by 20% and helped them save over 6 million dollars. With the Covid-19 pandemic, they are still able to help businesses prepare for when demand increases and any other what-if scenarios. For the future, RSI is focusing on growing their organic approach, partnering up with consulting firms and embedding their patented technology into their systems.

In this episode we discuss:

  • [0.40] The story behind RSI
  • [5.30] Data and real life simulation
  • [14.53 manage your inventory
  • [19.12] decrease inventory levels by 20%
  • [24.20] The future is collaboration

Resources and links mentioned:

May 18, 2020

Mike works for Apex, the third largest freight forwarder in the world and number one forwarder transporting products from China. In 2019 they flew 500 charter flights, and have grown by $1 billion in 10 years!

Apex transports all types of products, from high tech, to retail, to ecommerce. They have charters that transport over 100,000 kilos and their planes can reach every corner of the planet. How have they adapted to the current crisis? Apex has been instrumental during the pandemic: they’ve offered space on aircrafts to government response teams, have transported PPE products to many countries and played a big role in protecting front line workers.

Do they have a secret to success? Mike says that Apex focuses on growth by adding talent that shares the same vision as them. From the words of their customers, this is what makes them a company that “always finds a way to get things done” and are able to find unique solutions to problems. Having invested in tech early on, Apex has been able to pivot more easily than other forwarders, giving them an even bigger competitive advantage. Although the future is unclear on how Covid will impact supply chain, Apex’s ambition is still to become the major freight forwarder across the globe.

In this episode we discuss:

  • [0.42] Who is Apex?
  • [10.40] 150 Million pieces of PPE and Counting!
  • [15.00] Their secret to success
  • [24.05] How Apex will be helping customers post-Covid
  • [29.39] What’s next for Apex

Resources and links mentioned:

May 11, 2020

The biggest challenge in industrial manufacturing is customer acquisition and retention. When it comes to marketing in the traditional world of Industrial manufacturing many companies see marketing as a cost center rather than an investment. This means marketing budgets are given low priority, especially during a recession when in reality marketing should be at the forefront of any strategy because it will set you apart from your competitors and keep your brand top of mind. In the long run, this ends up being more expensive, since companies need to start from ground zero when the market picks up. Only some companies are realising that marketing is the key to future success - especially when trying to get through a revenue plateau.

Christopher realised this was an issue and started helping more industrial companies with their marketing. His system focuses on creating momentum, producing value and building a community before launching a product or asking customers to buy. Consistency and the long play is what sets one marketing strategy apart from the rest, marketing should work hand in hand with sales to keep the leads flowing in. Sales should be encouraged to showcase their thought leadership online with the help of the marketing team and together the business will have a winning strategy.

Christopher is a big believer in social and uses social media such as Twitter, Instagram and LinkedIn (3 hashtags!) as a platform to educate, entertain and build up a consistent brand image. As consumer behaviors keep shifting, more industrial companies will have no choice but to turn to more effective marketing in order to gain a competitive edge.

Christopher is also the leader in the profile rings you see on Linkedin, he gave back to the supply chain community by doing this for professionals for free to stand out, in a time of so much noise its efforts like these that will be the most rewarded

In this episode we discuss:

● [0.35] Industrial Manufacturing
● [4.46] Top challenges in the industry
● [11.59] Winning marketing strategy
● [16.35] How different platforms provide communication opportunities
● [23.00] The carbon footprint of manufacturing companies

Resources and links mentioned:

May 4, 2020

Anju is the product manager at Coupa Software, an all-in-one business spend management platform. In today’s Women in Supply Chain series, Anju tells us how she got into supply chain, the valuable lessons she learnt from failure and why it’s important to put a focus on diversity.

Anju moved from working in the corporate world at Oracle to a fast paced beauty startup. She was passionate about understanding the various pieces, solving business problems and growing both as a person and in her career. She says it’s important to be flexible, say yes to opportunities and be willing to take a leap into the unknown; this is what got her to where she is now.

Our world has never been so diverse and inclusive, and yet there is still a lot of work to do. Anju explains why it’s important to have role models to look up to, and that in order to move the needle of diversity we need to encourage more discussions, be aware of our biases and lead with empathy. Her advice to other women in supply chain: think about what you want out of your career and be willing to pursue your dream. Women are sometimes afraid to verbalize who they want to be - Anju urges them to take risks and not be afraid to change.

In this episode we discuss:

  • [0.38] Anju’s journey
  • [7.32] The importance of being courageous
  • [11.50] Valuable lessons from failure
  • [19.33] How to move the needle of diversity
  • [22.23] Advice to other women in supply chain

Sponsored by: COUPA and GWPP

Global Women Procurement Professionals (GWPP), is proud to have Coupa as a Platinum Sponsor for our community. GWPP's focus is to promote women in the procurement and supply chain industry and to have them grow. Coupa is an amazing example of how to be a thought leader within procurement and supply chain - we are grateful to have a community partnership together.

Resources and links mentioned:

1