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On-time delivery and cost versus cash — a two-sided quandary

Pixabay During a recent discussion with Norbert Dean, the CPO of world-class cruise line operator, Carnival Cruise Lines, we found that in some industries and for certain supplies on-time delivery is absolutely non-negotiable. When a ship leaves port, it leaves. There’s no contingency for lateness. (Read Norbert’s interesting account of how As we know, there are always two sides to the supply/demand equation. The buyer at a supplying firm might well encounter delays in parts acquisition, might think enough time has been built into the order process, or might have a CFO ordering them to keep cash in the business until absolutely necessary and to buy just in time. The customer, on the other hand, just wants their goods on time.

Spend Friends podcast: Walgreens Jim Townsend

Deloitte and Coupa discuss how CPOs are leading the way on agility

Unconventional Wisdom: A fragmented niche market, a work in progress

Afternoon Coffee: Apple suppliers and forced labor; etc

Adobe Stock Agility is top of mind for procurement leaders. In order to address the key statistics and trends of agility in procurement, Spend Matters is hosting a webinar in partnership with the consulting specialists at Deloitte and the business spend management solution provider Coupa. The webinar will address three critical issues that procurement leaders are grappling with right now: Value generation and improved supply chain resiliency in the face of unheralded complexity Improving process agility to stay tightly aligned with stakeholders and suppliers Leveraging next-generation operating models and platforms that harness talent and intelligence Coupa’s Chief Procurement Officer Michael van Keulen and Deloitte’s Managing Director Max Goralnick will take a closer look at the trends, challenges and opportunities that the recent Deloitte 2021 Global CPO Survey revealed about agility in businesses. Spend Matters’ Chief Research Officer Pierre Mitchell will mo

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