WEBINAR DETAILS
Date: 19 October 2022
Time: 3:00 PM UTC
Duration: 60 min
Language: English
Format: Online
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WEBINAR DESCRIPTION

North America: Supply Chain Collaboration – Innovative Practices for Global Supply Chain

Supply chain management in times of volatile demand, global political dynamics, and cost inflation remain a challenge for industries worldwide. While companies have invested in better forecasting processes, supplier capacity planning, network restructuring, protecting margins with better contracts, etc., risks remain as these alone are not enough, as evidenced during the peak of the pandemic. To improve the performance of supply reliability, supplier collaboration can no longer be considered a “nice-to-have”, it is a necessity. With the possibility of innovations through cross-organizational engagement and the shared pursuit of incremental mutual value becoming a new normal, whether traditional contracting and negotiating will be considered old school is under suspicion. The measures taken by successful supply chain industry professionals in planning, supplier management, demand management, logistics, and risk management are important to focus on. Another critical aspect is assessing whether the innovation journey initiated because of investment in digital is bringing steep changes. It is necessary to examine whether they are reactive or proactive in the area and weigh the caveats. In our webinar, we will discuss the details on:

  • Change management and culture changes bring new ways of working within an organization. It would be interesting to witness if companies are seeking external help or sticking to top-down leadership.
  • Stakeholders expect companies to deliver profits, customer service, and quality and keep up with the competition and comply with a green strategy towards sustainability. It is necessary to ensure innovations are happening to balance the different priorities.
  • Moving products around the globe with spiraling logistics costs and shortages of containers resulted in companies relooking at how they have been distributing products. This has resulted in logistics planning becoming more important.

The velocity of business changes has increased exponentially, and businesses must be able to respond to new market demands with agility and innovation. More than ever, supply chain professionals rely on suppliers and better online collaboration tools to capture changing demands. What is interesting to see is how companies are managing this new reality. Are they working well, and how will a recession impact the delicate balance? Companies need to analyze if they have the stamina to withstand short-term pressures in favor of long-term relationships. Can the win-win mantra be real, or is it just theory?

Some critical facets to pay attention to are if investments are happening to provide better visibility of demand situations to stakeholders and if the risks of capital investments are shared to build trust. Having survived the turbulent time, companies need to reflect on the key learnings and examine what the future holds.

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SPEAKERS
Abby Pratt

Senior Vice President - Global Strategy & Analysis, Advanced Medical Technology Association (AdvaMed)

Abby Pratt joined AdvaMed’s Global Strategy & Analysis Team in 2011 leading the organization’s work in a number of markets including India, Russia, and the Middle East. In addition, since March 2020, Ms. Pratt has led the association’s COVID-19 supply chain work supporting the medtech industry’s efforts to ramp up production and navigate critical supply shortages and transport disruptions. Prior to joining AdvaMed, Pratt was an International Trade Specialist at the U.S. Department of Commerce with responsibility for the medical device and pharmaceutical industries in China, Western Europe, and India.

Murugan Pugalenthi

Murugan Pugalenthi, Director, Global Procurement Data Science and Analytics, Johnson & Johnson

Murugan has diverse experience in Pharma, FMCG, Manufacturing and High-Technology sectors in supply chain, procurement, sales operations, data science & analytics, digital areas. Currently operating as Director for global procurement in Johnson & Johnson in NJ, US – in this role he is responsible for data science, digital transformation and people capability building for global sourcing & procurement. Prior to this, he led the global planning excellence for J&J Med Tech based in Europe and helped creating the supply chain analytics center of excellence for J&J consumer based in Asia. He has worked with Dell and Cadbury Kraft in the past in various supply chain roles.

Steve Younts

Senior Global Business Adviser, Nexdigm

Steven is a seasoned operations professional and a leader in Global Supply Chain management with nearly four decades of experience. He has an extensive background in Operations Management across the US and other geographies. His experience includes setting up manufacturing and distribution facilities, establishing and managing complex supply chains, and developing global sourcing networks for raw materials and finished products. Steven has successfully built high-performance teams, driven cost savings, and favorable financial results, and established robust long-term operational strategies.

Marc Lessem

Senior Executive Director, Nexdigm

Marc leads the efforts to enhance the presence of Nexdigm in North America, a strategically important market. In his 30+ years of experience, Marc has held senior management roles in General Management, Operations, Marketing, Sales, and Finance. His diversified background, focused on the Healthcare sector, helps him relate to and support the multifaceted business challenges that clients face.

Kartik Nagarajan

Managing Director -Business Consulting & Global Business Services, Nexidigm

Kartik leads Global Sales for Business Services at Nexdigm. He is also responsible for operations and related services for Business Consulting, Supply Chain, and Intelligent Automation & Accelerated Analytics (IA3) practices. With over two decades of experience in Business Process Management (BPM), he has successfully built and managed global captives and shared services operations, accelerated revenue, and delivered ROI to stakeholders in IT, Business Process Outsourcing (BPO), Media, and Insurance. Kartik has held multiple Country Head positions during his tenure with organizations like HCL, WNS, Aviva, Avaya, and WPP. He has led global innovation initiatives, including the set up of innovation labs, digital technologies, and an India-based Centers of Excellence (COE).

Ramakrishnan Kasinathan

Senior Consultant - Supply Chain, Nexdigm

Ramakrishnan (Ramki) has nearly three decades of experience. He has held global leadership positions in reputed MNCs. Ramki is recognized for global purchasing and supply chain management in VUCA environments. His strong execution focus has helped deliver strategic intents with step change/project management excellence. He is passionate about digital transformations, building strategic relationships across organizations and people-centered leadership. He has delivered sustained results in the domain across varied industries. His multicultural work experience has covered different geographies with Asian, European, and US cultures of management.

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