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Art of Supply

Kelly Barner, Art of Procurement

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Art of Supply, hosted by Kelly Barner, draws inspiration from news headlines and expert interviews to bring you insightful coverage of today’s complex supply chains.
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BuyersMeetPoint

BuyersMeetPoint

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Buyers Meeting Point is an online knowledge and professional development resource for purchasing and supply chain professionals. BMP Editor Kelly Barner has worked in the field as a practitioner, a consultant at a solution provider, and as a blogger. She has also co-authored two books on procurement 'Supply Market Intelligence for Procurement Professionals: Research, Process, and Resources' and 'Procurement at a Crossroads: Career Impacting Insights into a Rapidly Changing Industry'.
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The Hectic Podcast

Darryl Kelly | Founder of Hectic

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Real conversations with real people, sharing the unique, yet universal, journeys that mold us. It’s reflecting on adversity and the ways we overcame it in hopes that it will help someone else do the same. It’s celebrating our highs and validating our lows. Above all else, it’s making connections that remind us that we’re not alone in anything we are or do. Join host Darryl Kelly, Founder of Hectic™, every week for conversations that show us that all stories are worth telling if we only ask t ...
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The Procurement Revolution 2016 was a virtual, global, multi-media movement aimed at getting procurement professionals to stand up, speak out, and drive change and was co-organized by Philip Ideson of Art of Procurement and Kelly Barner of Buyers Meeting Point. Over the course of 5 days in September 2016, 40 Revolutionaries from both within and outside the procurement profession. delivered 5 live Q&A webinars and over 50 unique pieces of audio, video, and written content. What you are about ...
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show series
 
“Most fundamentally, strategy is about asking good questions, creating alternatives, and then making decisions about how to allocate scarce resources. [...] It's a place where you have a 360-degree view of a business.” - Ashley Hubka, Senior Vice President & General Manager, Walmart Business Corporate and consumer buying started and developed on se…
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In the final part of this four-part special series, we compare and contrast the actual policy positions of Democratic Candidate Vice President Kamala Harris and Republican Candidate Former President Donald J. Trump. With less than two weeks until election day, procurement and supply chain professionals must have plans in place for the eventuality o…
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In part three of this four-part special series, we will cover the policies and plans of Republican Candidate former President Donald Trump. Former President Donald Trump is 78 Years old, and a former businessman/real estate developer as well as the former host of The Apprentice. He became the nominee on July 18, 2024 when he accepted the nomination…
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In part two of this four-part special series, we will cover the policies and plans of Democratic Candidate Vice President Kamala Harris. Vice President Kamala is 60 Years old and a former Senator and Attorney General from the State of California. She became the presumptive Democratic nominee on July 21, 2024 when President Biden suspended his campa…
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There are two weeks to go until the 2024 U.S. Presidential Election. Interest, speculation, and tension have been building all year. Most news coverage of the election is intended to sway voters, hyperbolic to a fault, and not tailored to the specific information needs of procurement and supply chain professionals. What we really need to know is wh…
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‘Brave New World’ was published by Aldous Huxley in 1932, right between two World Wars and during a time of accelerated scientific discovery. It comes as no surprise, then, that this fictional dystopian society 600 years in the future had adopted Henry Ford as their spiritual leader. 92 years later, we find ourselves in another time of rapid techno…
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“Let me be clear: we don’t want any form of semi-automation or full automation. We want our jobs—the jobs we have historically done for over 132 years.” -Harold Daggett, President of the International Longshoremen’s Association In April of 2024, most ‘experts’ felt that a strike of unionized workers at ports along the East and Gulf Coasts was unlik…
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“The vigor with which companies left to go to the Far East and pursue low cost country sourcing has certainly not been reversed. That's why it is largely emotional; it's largely talk.” -Thomas Goldsby, Dee and Jimmy Haslam Chair of Logistics at the Haslam College of Business at the University of Tennessee-Knoxville Business never allows us to stop …
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“Digital empathy is the ability to humanize customer behaviors, preferences, and aspirations through the connection between human-centered data, insights, and the meaningful customer engagement powered by those insights.” - Brian Solis, Forbes Contributor Despite the fact that AI and automation seem to dominate business discussions, we haven’t stop…
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“Folks from Dell to HP to Nike to Hasbro to Sony to Apple to Google to Goldman, they're all looking back at India and saying, let's go double down, triple down and build a presence here.” - Samir Kapadia, Managing Principal at Vogel Group and Founder and CEO at India Index Most companies are obsessed with moving their supply chains out of and away …
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“The way we were running distribution, the processes we were using, it wasn’t a matter of, ‘Well, just incrementally improve what you’ve got.’ “We needed to rethink, take a step back and say, ‘Are we really set up the way we need to be set up?’” - Marcia Brey, VP of Logistics for GE Appliances (via the WSJ) GE Appliances recently made news for a se…
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Procurement and supply chain professionals rely upon competitive market dynamics. After all, competition drives innovation, cost savings, efficiency, and - profit. Anything that changes the dynamics around the benefits associated with disclosed innovation has the potential to alter how companies invest, how much of that information they make public…
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“The trouble with most of us is that we would rather be ruined by praise than saved by criticism.” - Norman Vincent Peale The Art of Supply podcast regularly covers topics that come with a bit of discomfort: allegations of child labor and greenwashing, the role of government regulations in bringing about change, and China, and absolutely anything t…
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There are a lot of preconceived notions about the barriers preventing electrified road freight from becoming mainstream. It is seen as too difficult, expensive, complicated, inefficient, and more. Most of those perceptions are based on the approaches to electrified trucking that have been tried so far. Perhaps by taking a different approach we can …
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Companies and consumers regularly rely on product descriptions to decide whether or not to make a purchase and to determine the right price for that product. In the case of seafood, those descriptions and tiers create choices for consumers, but they also provide a built in incentive for fraud at scale. Any time someone is willing to pay a higher ma…
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“Every time I don't have a delivery truck stop in front of your house, 800 grams of CO2 is never created.” - Mike Robinson, Head of Retail Solutions and a Founding Member at The Eighth Notch (T8N) The ecommerce boom of the last few years has led to new business models and consumer experiences, but it has also added to the number of packages being d…
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On June 26th, The Wall Street Journal reported that FedEx plans to spin off their freight division - and the most interesting part is why. FedEx Freight is the less-than-truckload (LTL) division of the company. It is the most profitable division, with a recent operating margin over 20 percent, compared to 11.8 percent for FedEx Ground and 2 percent…
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According to reporting in the New York Times, about 20 million containers travel through the ports of Los Angeles and Long Beach California annually. Those containers are full of goods that need to travel to warehouses, stores, and consumer homes by truck and rail. Unfortunately, a growing percentage of those goods never arrive, thanks to a sharp u…
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Section 321 of the U.S. Tariff Act of 1930 contains a small provision known as ‘de minimis.’ From a Latin phrase meaning “the law does not concern itself with trifles,” this provision has become a major concern for retailers, shippers, and regulators. De minimis is supposed to simplify shipping so that packages under $800 can be sent to U.S. consum…
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“You can't just come with ideas. You’ve got to show that you're going to be on the journey with them.” - Adrian Ristow, Executive Director of Project Last Mile “Coca-Cola Project Last Mile is held within the practitioners of my craft to be the flagship model of what good looks like in terms of public-private partnerships.” - David Canarutto, Privat…
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About 15 years ago, someone noticed that while you could buy a cold Coca-Cola in the most remote corners of Africa, lifesaving medicines that require cold chain logistics were nowhere to be found. A group approached the company and asked, will you teach us how you manage your supply chain in rural Africa so we can apply those learnings to healthcar…
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Red Lobster, the largest seafood chain in the United States, declared bankruptcy on May 19, 2024. As of the filing, they had 551 locations operating in 44 states, but underperforming locations have already started to close. What brought about the bankruptcy of the restaurant chain that rapper Flavor Flav describes as “one of America's greatest dini…
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On May 25, the Federal Trade Commission announced their consent for the planned acquisition of Pioneer Natural Resources by ExxonMobil. It was the largest shale oil and gas merger ever planned. The consent may not have been a surprise, but one of the conditions was: that former Pioneer Natural Resources CEO Scott Sheffield was prohibited from takin…
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The Uyghur Forced Labor Prevention Act, or UFLPA, took effect in June of 2022 to protect an ethnically Turkish, predominantly Muslim minority that lives in the Xinjiang autonomous region of China. The Uyghurs have been the subject of forced labor claims and investigations - truly the stuff of supply chain nightmares. If companies try to import anyt…
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On April 30th, 2024, the U.S. Senate Committee on Armed Services, Subcommittee on Personnel, held a hearing about the Department Of Defense’s efforts to ensure service members would have access to safe, high-quality pharmaceuticals. One of the panelists invited to testify was Victor Suarez, a retired Colonel from the United States Army. He worked f…
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Pharmaceutical supply chains are never far from news headlines. Regular drug shortages affect our families, friends, and neighbors when they can’t access their chemotherapy treatments, ADHD medication, and pain medication - just to name a few. In 2023, Americans spent over $600 Billion on prescription drugs. That’s more than ever before — and more …
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Some corporations have chosen to wade into socially sensitive waters over the last few years and others have been pushed in from behind. The adoption of a social mission or set of causes at the company level does not guarantee ‘trickle down’ benefits to individual employees. The right to free speech is one of the most valued privileges granted in t…
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On April 9th, Rene Haas, CEO of Arm Holdings, a British semiconductor and software design company came out and made a statement about data center energy consumption that most people would find shocking. He said, “by the end of the decade, AI data centers could consume as much as 20% to 25% of U.S. power requirements. Today that’s probably 4% or les…
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“We know what matters to our employees, and we know what matters to our customers, and we know where the leadership view is. That alignment means that you make progress more easily because you’re focused on stuff that matters and that people care about.” - Gareth Hughes is the Business Services and ESG Director for Whistl If the road to hell is pav…
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Heavy-duty trucks include tractor-trailers, ambulances, garbage trucks, and school buses. All of these are now on an official timeline for reduced emissions, in alignment with a new Federal mandate. Manufacturers of heavy-duty vehicles must reduce their overall emissions by mandated percentages according to model year, starting with their 2028 mode…
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80 percent of all ship-to-shore (S2S) cranes at ports in the United States - and 75 percent of all S2S cranes in the world - are made by just one company: ZPMC. Short for Shanghai Zhenhua Heavy Industries Company Limited, ZPMC is a Chinese state-owned manufacturing and engineering firm. It was founded in 1992 and quickly grew to become the largest …
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On February 28, 2024, New York Attorney General Letitia James sued JBS, the largest meat company in the world, for civil fraud. James is accusing the company of ‘greenwashing’ or making statements to sound more environmentally friendly than they truly are. In 2021, JBS made a commitment to reach net zero emissions by 2040. James says this statement…
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“China’s supply chain has gone through significant, transformative changes in the last five years. For executives or engineers, designers or buyers, who have not been here since before COVID, they’re going to see a completely different China.” - Jeffrey Goldstein, Founder & President of Onward Global It is impossible to discuss global supply chains…
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In October of 2021, Hertz announced that they would purchase 100,000 Tesla Model 3’s for their rental fleet, followed by 175,000 from GM, and 65,000 from Polestar. The move was supposed to help them overcome shortages of conventional cars, lend the recently ex-bankrupt company a ‘cool factor,’ and lean on the sustainability trend to drive revenue. …
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The global off-price apparel and home fashion market is estimated to be worth $900 Billion. While retailers like Macy’s and Bed Bath & Beyond faltered or fell over the last few years, the chains owned by TJX - notably TJ Maxx, Marshalls, and Home Goods - have thrived. TJX has seized the opportunity to snatch up excess brand name inventory and sell …
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In early February, news hit that there was a problem with the new Major League Baseball uniforms. Redesigned by Nike and made by Fanatics, the new uniforms were unveiled with tremendous fanfare. They were designed to be more comfortable, cooler, and better at moisture wicking. Unfortunately, one man’s breathable is another man’s translucent. Pictur…
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“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena…” - President Theodore Roosevelt, 1910 The last four years of supply chain challenges have taken a toll. People are exhausted, stressed, and scar…
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“Wisdom is given equally to everybody. The point is whether one can exercise it.” - Taiichi Ohno, The “Ten Precepts” The supply chain profession has recently run the gauntlet of existential challenges. Is it possible that - given enough time - they could return to the old ways? There have recently been a number of news stories about retailers retur…
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On February 2, 2024, news broke on one of the court cases we’ve been following for a while. In May of 2023, two of the companies owned by Byron Allen, a black businessman and producer, sued McDonald’s for $100 Million in California for fraud and false promise. The suit claimed the company lied when it said it was going to spend more money with blac…
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In today’s digital age, jokes are often made at technology’s expense. Computers don’t like switching from one virtual meeting platform to another. Sometimes webinar platforms insist upon seeing someone’s earbuds as a microphone rather than as a speaker. And why does software always need to update when we are already 5 minutes late for a meeting? Di…
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On January 5th, Alaska Airlines flight 1282 left Portland, Oregon en route to Ontario, California. Just minutes into the flight, the Boeing 737 Max 9 lost a door plug, creating a gaping hole in the side of the aircraft. Fortunately, all 171 passengers and six crew members were safe, largely because the plane had only reached 16,000 feet, minimizing…
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In 2013, then-Amazon CEO Jeff Bezos predicted that drone deliveries would be a reality in five years. More than 10 years later, they are still largely in the pilot phase, but a drone final mile is becoming a reality fast for some parts of the company. As the FAA reduces restrictions on drone deliveries in places like the Dallas-Fort Worth metropoli…
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In June 2023, Sharat Ganapati, an Assistant Professor of International Economics at Georgetown University and a Faculty Research Fellow at the National Bureau of Economic Research, and Woan Foong Wong, Assistant Professor of Economics at the University of Oregon, wrote a research paper that was published in the Journal of Economic Perspectives. Tit…
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On New Year’s Eve, weeks of rising tension in the Red Sea reached a boiling point. Houthi militants tried to board the Maersk Hangzhou just one day after hitting the vessel with a missile. The ship’s crew sent out a distress signal that was picked up by the USS Eisenhower and the USS Gravely, which sent helicopters to support the on-ship-security t…
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Effective today, Dial P for Procurement is the Art of Supply. Rather than being a change in content, this rebrand brings the name and brand identity of the show into alignment with the content we have already been creating. Building on the strength of the category-leading Art of Procurement podcast, Art of Supply will focus on supply chain topics a…
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Looking all the way back to the beginning of the year has a way of putting everything into perspective. The individual and cumulative impact of all of the events that took place in 2023 can not be understated: from legal action, to labor unions, to geopolitics. In this episode, Kelly Barner reviews the stories and topics covered on Dial P for Procu…
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With all the recent buzz about electric vehicles (EVs), not to mention the push towards sustainability and emissions reduction, it was only going to be a matter of time before electric Class 8 trucks entered the scene. Class 8s are classic semis or tractor trailers, so they are not just part of the supply chain, they have supply chains themselves. …
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The Racketeer Influenced and Corrupt Organizations Act, better known as RICO, is usually associated with organized crime. It was used in 1992 to bring down the Gambino Crime family and sentence John Gotti to life in prison. But there is no supply chain mafia, right? A recently filed legal complaint will ask and hopefully answer that very question… …
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The People’s Republic of Bangladesh in Southeast Asia is the second-largest exporter of ready-made garments in the world. The ready-made garment sector employs 4.4 million workers, and 65 percent of them are women. 84 percent of the country’s exports are from this one sector. The garment workers get a pay raise every five years, and the last five h…
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“Did you ever think we'd be talking this much about supply chains?” - President Biden On Monday, November 27, 2023, President Biden announced the creation of the White House Council on Supply Chain Resilience. The event was big news for the administration and for supply chain professionals. Almost 30 new actions focused on strengthening economicall…
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