36 min listen
THE DVD IS BACK, BABY!: Diving into Vendor Dilemmas & Supply Chain Disasters with Denise, Vineetha and David
THE DVD IS BACK, BABY!: Diving into Vendor Dilemmas & Supply Chain Disasters with Denise, Vineetha and David
ratings:
Length:
30 minutes
Released:
Oct 18, 2023
Format:
Podcast episode
Description
In this episode of "What the Duck?!" hosted by Sarah Scudder, three manufacturing supply chain experts, Denise, David, and Vineetha, share their experiences and challenges in the supply chain field. They discuss various scenarios, including dealing with unexpected stock shortages, managing inaccurate forecasts, and handling the complexities of mergers and acquisitions. Denise shares a story about recovering from inaccurate forecasting and the importance of communication, while David talks about negotiating transition support agreements during a merger. The episode highlights the need for agility, nimbleness, and strong relationships within the supply chain to overcome various challenges and ensure success. SHOW HIGHLIGHTSAddressing Unexpected Stock Shortages Learning How to Adapt in Emergency Stock Situations Discussion on Creativity in Supply Chain DemandsRecovering from Inaccurate Forecasts and Adapting Negotiations During Mergers and Acquisitions Importance of Transparent and Clear Communication Nimble Relationships with Suppliers in Supply Chain operations MOMENTS TO DUCK AROUNDDENISE: On Agile Responses Required to Recover from Forecasting Inaccuracies “How we had to recover is we had to rely on our supply planning team to put pen to paper. They had to reprioritize, they had to move the lines around, they had to bring in a second shift in our Switzerland manufacturing plant. They explained the situation over and over again to our manufacturing team, and it was a success story again.”VINEETHA: On the Crucial Role of Transactional Suppliers“That there is going to be these short-term orders that you're going to be getting a couple of times a year. So those transactional relationships with suppliers are also very important, or transactional suppliers are also very important. So I think that's the key learning from that, and, you know, that's how we met the customer lead time was looking at substitutes or off-the-shelf versions of this critical part.”DAVID: Challenges Involved in Implementing Just-In-Time Strategies“Doing the just-in-time approach, in many, many years that one product, first time ever, had an administration hold, which means something happened at the manufacturing site that they had to hold production. So, here I'm reducing the inventory down to just in time, we're implementing a continuous make model, and now we got to shut it down, and there was panic throughout the organization. Connect with Denise and learn what she’s been duckin’ around with:Denise SenaConnect with Vineetha and learn what she’s been duckin’ around with:Vineetha Jayaram | nVentConnect with David and learn what he’s been duckin’ around with:David Berger | CBREConnect with Sarah and find out more about what the duck she’s up toLinkedIn |Twitter |SourceDay |SourceDay.com Had fun with the podcast? Leave us a like, share our content, and subscribe! See you soon on the next episode of What The Duck?!
Released:
Oct 18, 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