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This episode delves into the transformative trends shaping the world of procurement as outlined in the recent "CPO Compass 2025" report. It addresses the challenges and opportunities presented by the ongoing "business supercycle," marked by significant geopolitical and economic shifts. The discussion highlights the crucial integration of artificial intelligence in procurement processes, emphasizing the need to balance AI tools with skilled human talent. Additionally, the hosts explore strategies for boosting productivity within procurement functions, leveraging advanced data analytics and technology. The report's comprehensive recommendations on talent development, data management, and technology flexibility provide a roadmap for Chief Procurement Officers (CPOs) aiming to excel in a rapidly evolving business environment.

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In this thought-provoking episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams delve into the Boston Consulting Group's article, "Economic Statecraft Is Back. Here’s Why It Matters." This episode unpacks the resurgence of economic statecraft, where nations strategically use trade and economic policies to further their foreign policy objectives. The discussion explores the implications of this trend for global businesses, highlighting the increasing complexity and volatility due to new regulations and trade barriers. Michael and Jess dissect the primary drivers such as geopolitical tensions and a shift away from traditional free trade paradigms. They also discuss the four main tools of economic statecraft highlighted in the article, ranging from direct government intervention to sector-specific alliances. Concluding with actionable strategies, the episode provides listeners with insights on how businesses can adapt by enhancing their geopolitical strategies, diversifying operations, and reinforcing supply chain resilience.

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In this enlightening episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams dive into Infor's latest research, "How Possible Happens: Filling the ‘value void’ with technology-driven productivity." This episode explores the critical gap many organizations face in harnessing the full potential of digital transformation. Despite the widespread integration of AI technologies, companies often fail to realize substantial value gains. The discussion highlights the four pivotal attributes identified by Infor that bolster organizational productivity and value creation: robust processes, agility, a data-centric culture, and customer obsession. Furthermore, the episode examines the crucial role of strategic partnerships with tech providers like Infor, who bring industry-specific insights and cloud solutions to the table, helping businesses effectively navigate the digital transformation maze and maximize AI's benefits.

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In this insightful episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams explore Forrester's latest report, "The Collaborative Supply Networks Landscape Q4 2024." As global volatility persists, enterprises are increasingly recognizing the need to enhance their supply chain resilience and sustainability by integrating planning and execution processes with suppliers and customers. The episode breaks down the essential attributes of effective collaborative supply network platforms, such as platform adoption, multitier visibility, and constraint-based planning. Additionally, the hosts dive into the Forrester Wave report segment, which assesses thirteen leading providers in this space, categorizing them as Leaders, Strong Performers, Contenders, and Challengers. This analysis offers a deep dive into each vendor's strengths, weaknesses, and their fit for various enterprise needs, providing listeners with a comprehensive understanding of the current collaborative supply network landscape.

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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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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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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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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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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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