Patricia Vasconcellos, Formerly VP of Supply Chain for Flowserve FutureChain

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”