36 min listen
Another Ducking Digest: October 2, 2023
Another Ducking Digest: October 2, 2023
ratings:
Length:
21 minutes
Released:
Oct 2, 2023
Format:
Podcast episode
Description
In today's episode of Another Ducking Digest, Sarah Scudder and Lindsay Smith delve into the intricacies of manufacturing supply chain department budgeting. Each manufacturer's unique supply chain warrants distinct budget models, influenced by factors like industry, expenditure levels, market dynamics, commodity characteristics, sourcing methods, pricing contracts, and tariff implications. The budgeting process can be as intricate or as simplistic as desired, ranging from a comprehensive assessment of historical data and market demand trends to cost considerations, technology integration, risk management, supplier relationships, and workforce development. They emphasize the importance of aligning the budget with both corporate objectives and 2024 supply chain strategies, engaging key stakeholders, and staying informed about industry developments and peer use cases.
Released:
Oct 2, 2023
Format:
Podcast episode
Titles in the series (92)
INSIGHT-OUT: Learning The Benefits Of PO Process Automation with Lindsay Smith: TO AUTOMATE OR NOT? THAT IS THE QUESTION. Many people are not too open to the idea of automating their processes, and the same goes for people in supply chain, particularly in purchase orders. This is why we have Lindsay Smith. He is the Solutions Principal for Manufacturing Industry at Insight, and he will be talking with us about the benefits of having an automated purchase order process, only here in this latest episode of What The Duck?! Show Highlights: Introducing Lindsay Smith How Lindsay wound up in the supply chain Understanding Purchase Order Process Automation When is the best time to start a PO - process automation Defining the long lead part and short lead part It's not always the buyer's fault Quotes: Lindsay - Why he is drawn to manufacturing “I suppose it's in my DNA. My dad spent his career in manufacturing was NCR, but over and above that, it's exciting. It's the fulfillment of buildi by What the Duck - Another Supply Chain Podcast