Ardent Partners hosted The CPO Rising 2K20 Virtual Series – The Resiliency Imperative as a way to bring together our global community of procurement, finance, and supply management professionals and collectively tackle the big issues we were all facing and continue to face as a result of the coronavirus pandemic. As a special treat for all our readers, Ardent is excited to present the recorded sessions from that Virtual Series.
About the presentation: As a leading procurement executive (CPO) in the pharmaceutical industry, Gregg Brandyberry led the charge on global sourcing into China and India in the 1990s and early 2000s. In this presentation, Brandyberry looks at how today’s global supply chains has developed in the aftermath of this first wave of activity, and the problems that they face today given the coronavirus pandemic. He also looks at what and how companies should be thinking about their supply chains given the current disruption and uncertainty that pervades the market. This presentation is ideal for Sourcing and Supply Chain leaders as well as any procurement and P2P staffers that interact with international suppliers in any way, shape or form. Among Gregg’s many insights:
“What has to change really critical items around health and safety? The U.S. (and the world) will need to reduce the reliance on low-cost goods and materials from the far east, institute heightened supply chain security designed to protect consumers and businesses, and drive more simplicity into overly complex supply chains… for these materials, we need a ‘Manhattan Project’ type of approach”
“I’ve seen organizations where the complexity of their supply chain is greater than their ability to monitor and protect it. It’s really important to drive more simplicity where we can into overly complex Supply Chains.”
“Advanced manufacturing technologies will help the US make up ground against China and other countries… While a new look at low cost sources of US labor is needed… This can lead to more regionalized supply chains with multiple sources of supply availability.”
“As a function, procurement needs to Act now, Be bold, Create much better and secure supply chains, and De-couple from the old ways of thinking.”
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