Patricia Vasconcellos, formerly VP of Supply Chain for Flowserve, talks about circular supply chain, supply chain responsiveness, resilience and customer needs. Then closes with post-COVID-19 supply chain. 

Episode Notes:

00:34 – CSCMP 

03:22 – Circular supply chain, re-use of materials (Accenture, Philips) 

06:03 – H&M 

07:00 – EU estimates 12% growth in GDP from circular supply chain 

07:49 – Blockchain and IoT to build trust (Mastercard) 

10:40 – EDI 
11:51 – Sustainability 

15:39 – GAP, Starbucks, GE, Honeywell sustainability efforts 

17:25 – Data governance 

19:03 – Resilience of supply chains 

25:28 – Planning to manage risks 

27:40 – Break 

28:34 – Speed required to meet customer demand 

31:38 – Tesla, GM partnering with Medtronics and Abbott 

32:50 – Stockouts 

34:18 – Tiger teams 

35:26 – SCM tools: IBM Watson (AI), Amazon, Ariba 

40:12 – Payment processing inefficiencies 

41:08 – Transportation cost 

43:23 – Batch of one customization

44:03 – ‘Onshoring’ 

46:48 – Security 

50:36 – Freight forwarders 

54:55 – Break 

56:16 – Creativity for post-COVID-19 supply chain 

1:00:33 – Procurement tiger team to leverage demand and buy in bulk 

1:11:00 – Technology to manage labor costs 

1:11:41 – Synchronization through blockchain 

1:21:53 – Importance of training talent to “leap”