Latest / Speaking of Supply Chain / From Pushback to Progress: Turning Digital Doubters into Believers
Transcript
- 0:06Speaker 1: You're listening to Speaking of Supply Chain, a Meeboch podcast.
- 0:10Speaker 1: This is a show for logistics professionals looking to learn
- 0:13Speaker 1: more about the latest innovations in supply chain. Each episode
- 0:16Speaker 1: will feature a conversation on topics such as mitigating supply
- 0:19Speaker 1: chain disruption and reducing risk, current automation trends, sustainability initiatives,
- 0:25Speaker 1: and more.
- 0:26Speaker 2: Let's dive right in.
- 0:31Speaker 3: Hello, and welcome to Speaking of Supply Chain, where we
- 0:34Speaker 3: explore trends, current events, and innovations impacting the logistics and
- 0:37Speaker 3: supply chain industries. I'm your host, Ellen Wood. As we
- 0:41Speaker 3: enter twenty twenty five, the logistics and supply chain sectors
- 0:44Speaker 3: are navigating a landscape marked by rapid technological advancements, evolving
- 0:49Speaker 3: customer expectations, and significant geopolitical shifts. In this dynamic environment,
- 0:55Speaker 3: businesses must adopt forward thinking strategies to enhance their resilience
- 0:59Speaker 3: and adaptability. In today's discussion, we will delve into actionable
- 1:03Speaker 3: planning initiatives across one year, three year, and five year horizons,
- 1:08Speaker 3: equipping organizations to proactively address emerging challenges and seize opportunities
- 1:13Speaker 3: in the evolving supply chain landscape. Today, I am joined
- 1:17Speaker 3: by Ron Crabtree and Mike Brown. Welcome, gentlemen, thank you
- 1:21Speaker 3: for joining.
- 1:22Speaker 2: Hello.
- 1:23Speaker 3: So I am really looking forward to our discussion today.
- 1:26Speaker 3: It promises to be very interesting. We are going to
- 1:30Speaker 3: talk about planning and what is going on with organizations
- 1:35Speaker 3: as they are trying to figure out what they're going
- 1:37Speaker 3: to do for the next one three five years. A
- 1:41Speaker 3: lot has been changing, so let's get into a one
- 1:44Speaker 3: year planning horizon, so immediate adjustments. Things that they need
- 1:48Speaker 3: to be doing right now for twenty twenty five, and
- 1:51Speaker 3: that might be addressing short term labor shortages or adapting
- 1:56Speaker 3: to new investments infrastructure that has come about in recent months.
- 2:02Speaker 3: How can they address those labor needs, especially if immigration
- 2:07Speaker 3: policies change.
- 2:09Speaker 4: There's a lot of pieces to that. If you'd like
- 2:11Speaker 4: me to go first.
- 2:11Speaker 3: Knowledge, sure, why don't you start.
- 2:13Speaker 4: Us on a lot of pieces to that. So I'll
- 2:17Speaker 4: get it started, and then we're going to bring Mike
- 2:19Speaker 4: in here as it happens. You know, we're actually in
- 2:23Speaker 4: the middle of doing a study for manufacturing in general
- 2:26Speaker 4: about how to cope with what we're calling the forever
- 2:28Speaker 4: labor shortage and the fact that across the board and
- 2:31Speaker 4: supply chain being the integra to that. You know, it's
- 2:34Speaker 4: North America. The growth of the workforce is going down
- 2:36Speaker 4: every year, it's not going up, so it's going to
- 2:39Speaker 4: become even more acute almost every western country. And we
- 2:43Speaker 4: kind of got started with this study. We've got sixty
- 2:45Speaker 4: five different things. You might look at these sorts of categories,
- 2:48Speaker 4: right being the employer of choice, workforce development strategies both
- 2:52Speaker 4: the development and workforce planning, public private partnerships, business process outsourcing.
- 2:58Speaker 4: You're an offshowing digitization of work, digital transformation, use of
- 3:03Speaker 4: interim part time talent to fill the gap, and then
- 3:06Speaker 4: traditional management consulting to plug and play in certain places,
- 3:09Speaker 4: and then finally accelerated continuous improvement. Think about good old
- 3:14Speaker 4: fashioned me in six sigma identify the ways and get
- 3:17Speaker 4: rid of it as quickly as you can, which would
- 3:19Speaker 4: be kind of a short term thing you could do.
- 3:21Speaker 4: So those are kind of like the categories we think
- 3:24Speaker 4: about short term. Within the next year, a few things
- 3:26Speaker 4: popped into my head and one of the things I
- 3:28Speaker 4: thought is really important to look at that can turn
- 3:31Speaker 4: quickly is digitization of work. And there's a lot of
- 3:34Speaker 4: talk about AI and in the workplace, we focus in
- 3:37Speaker 4: on supply chain organizations and logistics. For example, I have
- 3:41Speaker 4: on my own podcast called metapod go tomount experts dot com.
- 3:44Speaker 4: There's a button for a metapod and I have thought
- 3:47Speaker 4: leaders come in and talk about the three common challenges
- 3:50Speaker 4: that tangible ghosts organizations face. So I actually had Derrek
- 3:53Speaker 4: Brownie with uber Freight one of my guests, and he
- 3:57Speaker 4: specifically wants to talk about the application of AI digitization
- 4:01Speaker 4: the end the logistics industry. And one of the things
- 4:03Speaker 4: he said that really kind of got my attention is
- 4:06Speaker 4: you've got to look at what's consuming people's time and
- 4:09Speaker 4: take away the non meaningful work very quickly. And there
- 4:12Speaker 4: are technologies and they're merging quarterly that can be used
- 4:17Speaker 4: to plug and play and tackle critical elements of what
- 4:20Speaker 4: the workforce is tied up doing. They can free up
- 4:22Speaker 4: the resources. Something I heard recently that was pretty cool
- 4:26Speaker 4: is AI is going to take over all of the
- 4:28Speaker 4: work for pledging folks, And the answer is really null.
- 4:31Speaker 4: But then the statement was made, Okay, so it's AI
- 4:35Speaker 4: with people is going to outperform people without AI. I
- 4:39Speaker 4: thought that was pretty insightful. So I'll take a breath here.
- 4:43Speaker 3: And that Mike jump in I want to jump in
- 4:46Speaker 3: really quick. I actually went to a conference, a marketing
- 4:49Speaker 3: conference a couple of weeks ago, and the same thing
- 4:51Speaker 3: came up when it comes to AI and taking over
- 4:55Speaker 3: the jobs or the tasks that need done. And as
- 4:59Speaker 3: much as we hear that AI is going to take jobs,
- 5:02Speaker 3: it's not going to take jobs. It's going to help
- 5:04Speaker 3: the people do it more efficiently and effectively, and the
- 5:08Speaker 3: people with AI experience are going to take the jobs.
- 5:11Speaker 3: It's not going to be AI on its own. It's
- 5:13Speaker 3: going to be the people who know how to harness
- 5:15Speaker 3: it and get the best out of it. So I
- 5:18Speaker 3: wholeheartedly agree. How about you, Mike, what do you think?
- 5:21Speaker 2: I think the AI is going to have an interesting
- 5:24Speaker 2: play right, and I think it's there's going to be
- 5:27Speaker 2: a paradigm shift in regards to the workforce related to
- 5:30Speaker 2: the adoption of AI. Right, I think AI has got
- 5:33Speaker 2: strong applications. I don't think it's going to be a
- 5:37Speaker 2: huge displacement of workforce other than I say a paradigm
- 5:41Speaker 2: shift of that workforce and their skill set. Right, jobs
- 5:44Speaker 2: will be become quicker, more nimble, you can do more revisions,
- 5:48Speaker 2: more automation being used towards that the one thing that
- 5:53Speaker 2: I other than AI though, and we talk about general
- 5:57Speaker 2: automation of work tasks. Of the things I have as
- 6:00Speaker 2: a call out is as we look at the labor
- 6:03Speaker 2: force today and we're continually displacing labor force with general automation.
- 6:11Speaker 2: And for example, think about going into a home depot
- 6:14Speaker 2: or lows today and you've got all these self checkouts, right, Well,
- 6:19Speaker 2: we displaced a certain band of labor requirement in the workforce.
- 6:25Speaker 2: And I would never say that those jobs that were
- 6:28Speaker 2: being done were career type jobs, but they were stepping
- 6:32Speaker 2: stones or they were a second monetary income to create
- 6:37Speaker 2: some better liquidity for the family income, right so part
- 6:41Speaker 2: time fulfillment things like that. As a working class, we're
- 6:45Speaker 2: eliminating those jobs. And now what do people do for
- 6:50Speaker 2: that gap right where they needed a little lecture or
- 6:53Speaker 2: you get a college student that's trying to pay his
- 6:55Speaker 2: way through. So I think it's going to be very
- 6:58Speaker 2: interesting to see where we've raised the wages to now
- 7:02Speaker 2: allow us to offset the cost of automation, and now
- 7:06Speaker 2: automation is being placed into those manual jobs. And I
- 7:09Speaker 2: think it's going to be an interesting what we leave
- 7:12Speaker 2: behind now that we've eliminated those jobs in the workforce.
- 7:15Speaker 3: It's a great point. So aside from labor, there are
- 7:20Speaker 3: some other aspects for a one year planning horizon that
- 7:23Speaker 3: organizations should keep in mind, especially given some recent changes
- 7:28Speaker 3: in the US landscape, the political landscape, and that's going
- 7:32Speaker 3: to be some environmental regulations. We've talked about that a
- 7:35Speaker 3: few times on this podcast with some different guests. But
- 7:39Speaker 3: given the changes from the recent election, what are some practical,
- 7:44Speaker 3: maybe short term steps that companies can take to stay
- 7:47Speaker 3: compliant with some of these new sustainability requirements that are
- 7:51Speaker 3: going to very likely start imposing regulations on the way
- 7:57Speaker 3: companies go about doing business.
- 8:00Speaker 2: I see a couple of things there with sustainability, right.
- 8:03Speaker 2: I think US North America is behind Europe in regards
- 8:07Speaker 2: to sustainability efforts. And I think it's a culture change,
- 8:11Speaker 2: right that we're looking at. But I think people are
- 8:13Speaker 2: concerned about it, they want to do better. But yet
- 8:16Speaker 2: companies there's a cost of business, right. I think short
- 8:20Speaker 2: term what they're looking at is, hey, are there initiatives
- 8:24Speaker 2: that I should be looking at that could potentially also
- 8:28Speaker 2: have a reduction in my cost. So looking at things
- 8:32Speaker 2: like electric vehicles, getting rid of your inside the four
- 8:36Speaker 2: walls of your warehouse, switching from pro paane trucks to
- 8:39Speaker 2: electric trucks and things like that, and now you've got
- 8:42Speaker 2: newer battery technology coming out which makes those even better. Right,
- 8:46Speaker 2: looking at supply chain management and sustainability practices there and
- 8:50Speaker 2: starting to push a little bit on your vendors in
- 8:53Speaker 2: regards to, hey, I need you to be a little
- 8:55Speaker 2: bit more greener in regards to what you're doing upstream,
- 8:59Speaker 2: because I'm going to rate myself in regards to my
- 9:02Speaker 2: supply chain also. So I think some of those initial
- 9:06Speaker 2: what we call immediate term things that they're going to
- 9:08Speaker 2: look at is where can they drive and pick up
- 9:10Speaker 2: some low hanging fruit related to cost, where the initiatives
- 9:14Speaker 2: make sense. I think the longer term ones are going
- 9:17Speaker 2: to be down the road in regards to what makes
- 9:19Speaker 2: ethical sense in regards to what I need to be
- 9:22Speaker 2: as a company moving forward. And I think we're going
- 9:24Speaker 2: to see evolution for companies in regards to their strategies
- 9:27Speaker 2: and things like that. But I think that's more mid term,
- 9:30Speaker 2: long term.
- 9:31Speaker 4: Yeah, I agree with that. That's Ron Fantur a year,
- 9:33Speaker 4: and I would suggest that programic listening is probably important
- 9:38Speaker 4: really in a short term listening for customers and the
- 9:42Speaker 4: consumers of end products and what's going on in their
- 9:45Speaker 4: minds and starting to learn how to listen for that.
- 9:48Speaker 4: And then as you get the signals for we need
- 9:50Speaker 4: to be addressing things, that is time to listen in
- 9:52Speaker 4: the other direction, where you're going upstreaming into your supply chain,
- 9:55Speaker 4: to your suppliers and saying, this is what we're hearing.
- 9:57Speaker 4: What are you doing right to get out in front
- 9:59Speaker 4: of this, What should we be aware of that you're
- 10:01Speaker 4: doing for future product development. Things you're developing to feed
- 10:05Speaker 4: the supply chain. They're going to help us address the
- 10:07Speaker 4: needs of the market. And it's incredible. You I've heard
- 10:10Speaker 4: some amazing stories, you know, just like some person talks
- 10:13Speaker 4: about their experience with I think with Burger King or
- 10:16Speaker 4: something I heard recently, and it wasn't even a paid thing.
- 10:19Speaker 4: They just kind of showed up and made this assertion,
- 10:22Speaker 4: you know, of the experience they had and it just
- 10:24Speaker 4: blew the doors out, you know, with a certain kind
- 10:27Speaker 4: of product really becoming preferred, you know, those things are
- 10:31Speaker 4: can be very disruptive. So learning how to listen for
- 10:34Speaker 4: short term things, you need to be prepared to address
- 10:37Speaker 4: and respond to and using that to signal so it
- 10:41Speaker 4: Mike said, you know, you've got to really have that
- 10:42Speaker 4: longer term strategy. We've got to feed that with something
- 10:45Speaker 4: and there are things you can do short term to
- 10:48Speaker 4: be prepared and educating a workforce. People coming from the
- 10:51Speaker 4: contact with customers need to be continually informed about what's
- 10:55Speaker 4: going on out there, so if they can properly respond
- 10:58Speaker 4: as your avatar, as your representative market with the things
- 11:00Speaker 4: that will pop in mind.
- 11:02Speaker 3: Yeah, it's interesting how public perception and the availability of
- 11:07Speaker 3: media and being able to put out your own content.
- 11:11Speaker 3: So when it comes to those environmental regulations, the question
- 11:15Speaker 3: for companies is it going to be top down where
- 11:18Speaker 3: the government imposes this regulation that I have to follow,
- 11:21Speaker 3: that I have to be in compliance with, or is
- 11:23Speaker 3: this going to really come from a grassroots movement or
- 11:27Speaker 3: some influencer, some individual who had an experience with my
- 11:30Speaker 3: brand decided to talk about it and put a video
- 11:34Speaker 3: out there on social media on YouTube, on Facebook, on Instagram,
- 11:38Speaker 3: and then all of a sudden, this is what's driving
- 11:43Speaker 3: the reason for changes because there's a public perception of
- 11:47Speaker 3: either positive or negative in that regard where companies are
- 11:51Speaker 3: going to have to react to it. They can't just
- 11:53Speaker 3: ignore that voice of the customer. So that's a very
- 11:57Speaker 3: interesting point and an important point, especially when it comes
- 12:00Speaker 3: to identifying risks to your organization from both sides. So
- 12:07Speaker 3: let's move into a three year planning horizon. So we're
- 12:11Speaker 3: looking for somewhere between twenty twenty six and twenty twenty eight,
- 12:16Speaker 3: and I think this is where really digital transformation initiatives
- 12:21Speaker 3: are going to have the most impact, because those aren't
- 12:24Speaker 3: going to even if someone's starting them now, they're not
- 12:27Speaker 3: going to be in place. They're not going to have
- 12:28Speaker 3: an impact immediately. They may have some low hanging fruit,
- 12:32Speaker 3: some quick wins, But how should companies approach that technology investment,
- 12:36Speaker 3: that midterm technology investment in order to improve their adaptability
- 12:41Speaker 3: managing some of these shifts that we talked about in
- 12:43Speaker 3: labor due to automation, Like is that going to be
- 12:47Speaker 3: a significant shift in this industry?
- 12:52Speaker 2: Ron? What do you think it is?
- 12:54Speaker 4: And it's going to share an example. I happen to
- 12:57Speaker 4: be pretty aware of all the things going on from
- 13:00Speaker 4: the digitization perspective. The companies can think about. Back in
- 13:03Speaker 4: twenty twenty, we were contracted with a large international e
- 13:07Speaker 4: learning company to build an all new digital transformation awareness program.
- 13:11Speaker 4: So I put together a team of our meta experts.
- 13:14Speaker 4: These are the interim professionals would build relationships with that
- 13:17Speaker 4: we use for projects for our customers. There were experts
- 13:20Speaker 4: in digital transformation. We mapped out more almost thirty different
- 13:23Speaker 4: elements of digital transformation, AI being just one edge sensor technologies,
- 13:29Speaker 4: Internet of Things, blockchain, just list goes on and on,
- 13:33Speaker 4: and then we map those two different industries and also
- 13:36Speaker 4: different functions and organizations. And one of the things that
- 13:39Speaker 4: really jumped out at me is we've got to aim right.
- 13:42Speaker 4: So digitization is death by a thousand cuts. There's no
- 13:45Speaker 4: silver bullet cure. AI is not going to sweep in
- 13:48Speaker 4: here and solve all our problems. So I applicate that
- 13:51Speaker 4: when you're looking at those midrange things, you have to
- 13:53Speaker 4: think about what is it about how we perform that
- 13:55Speaker 4: we need to approve. So as an example, I had
- 13:58Speaker 4: a chance to work with a company that produces buildings. Right,
- 14:02Speaker 4: there's metal storage buildings that you store stuff in. So
- 14:05Speaker 4: everybody's familiar with that, and their issue is strategically, it
- 14:09Speaker 4: was taking way too long in that whole bidding ordering
- 14:13Speaker 4: and getting the specification they need to actually get supply
- 14:16Speaker 4: chains kicked off. They had to collapse that cycle of
- 14:19Speaker 4: taking way too much time. It was a very strategic
- 14:22Speaker 4: differentiator for them to figure out how to collapse both
- 14:25Speaker 4: the time and the effort because they couldn't hire enough engineers,
- 14:28Speaker 4: enough people to work in sales right to grow the company.
- 14:31Speaker 4: And so what do you do? How do we make
- 14:33Speaker 4: that better? So entervalu stream mapping and we basically mapped
- 14:37Speaker 4: out the process of every touch from the first contact
- 14:39Speaker 4: with a customer to production ready, release of crawings and
- 14:43Speaker 4: information for ERP and sourcing and all those things to
- 14:47Speaker 4: kick off. And by mapping in all of the electronic touches,
- 14:52Speaker 4: we determined that you know, the sales side had like
- 14:54Speaker 4: twenty three different IT systems and data sources they have
- 14:56Speaker 4: to work with, and then on the engineering side they
- 14:59Speaker 4: had twenty three other ones they need to interface with
- 15:02Speaker 4: and work with. And we identified at the step level
- 15:05Speaker 4: the primary and secondary touches along with the human effort,
- 15:08Speaker 4: the delay time and the first time quality capability. And
- 15:12Speaker 4: with that you could do an old fashioned perredo analysis
- 15:15Speaker 4: the eight to twenty rule of what twenty percent of
- 15:17Speaker 4: the steps consume most of the physical clock time. Twenty
- 15:22Speaker 4: percent of the steps were the cost and then of
- 15:23Speaker 4: course the quality capability, and that led us up the
- 15:26Speaker 4: thread clump trailing. Oh you know, we've got folks up
- 15:29Speaker 4: on the sales end, hurry up and pushing things through
- 15:32Speaker 4: toward engineering very quickly, thinking it's helping, when in fact
- 15:36Speaker 4: we had to go at the upfront process and integrate
- 15:39Speaker 4: in the CRM and the various touches at the beginning
- 15:41Speaker 4: of the process, some of the elements they were doing
- 15:44Speaker 4: much later in the engineering and actually pulling those forward
- 15:47Speaker 4: and creating automation. This is not a quick fix, you know.
- 15:50Speaker 4: Just the CRM implementation can take a year, let alone.
- 15:53Speaker 4: In integration with product data management functionality, it allowed them
- 15:57Speaker 4: to really begin to envision and what was possible, and
- 16:00Speaker 4: that led to restructuring the work right. So in other words,
- 16:03Speaker 4: they needed fewer people in engineering and more people in
- 16:07Speaker 4: sales with a different skill set, and then totality of that,
- 16:12Speaker 4: much less labor required, but a much faster and much
- 16:15Speaker 4: higher quality from a data generation perspective to be able
- 16:19Speaker 4: to generate right the first time drawings instructions and specifications
- 16:23Speaker 4: to a lot of supply chain so that, in my
- 16:25Speaker 4: mind be kind of that mid range of leveraging the
- 16:28Speaker 4: god fashion mean thinking, but modernizing it to what it
- 16:31Speaker 4: is we're looking for, why we're looking for that, and
- 16:34Speaker 4: how we use that to identify where to focus scarce time,
- 16:37Speaker 4: money and resources to get the biggest bang for the
- 16:39Speaker 4: buck for critical business processes.
- 16:42Speaker 2: So yeah, right, I got to concur with you on that.
- 16:45Speaker 2: I mean the s and OP or the sales and
- 16:47Speaker 2: operations planning component that companies are going through today. We're
- 16:51Speaker 2: seeing it today is companies are starting to really focus
- 16:55Speaker 2: on that and like, how do we lean out this processes?
- 16:58Speaker 2: How do we get into it? Because we have the
- 17:01Speaker 2: capabilities now to really use data, right, And that's really
- 17:06Speaker 2: where I think the evolution is is we've got all
- 17:09Speaker 2: this data coming from all these systems. What does it mean?
- 17:13Speaker 2: So the data analytics that companies are getting into today
- 17:16Speaker 2: to understand it say hey, look here's this time window
- 17:20Speaker 2: which you explained in your example, and we've got all
- 17:25Speaker 2: this going on. How do we lean this process out?
- 17:29Speaker 2: How do we create a better conduit from our sales
- 17:32Speaker 2: to our operation planning and get rid of the noise?
- 17:35Speaker 2: And I think that's huge in regards to what companies
- 17:38Speaker 2: are looking at today. We're seeing it that companies are
- 17:41Speaker 2: really looking at that, and I think that's where the
- 17:45Speaker 2: digitalization is really creating, this evolution of how lean companies
- 17:49Speaker 2: can get and understanding who they are today, right, and
- 17:52Speaker 2: then being able to make a better mousetrap in the future.
- 17:56Speaker 4: Yeah, I completely agree with that. And another element which
- 18:00Speaker 4: I'm sure Mike's familiar with, is you think about the
- 18:02Speaker 4: supply Chain Operations reference model developed by this Supply Chain
- 18:05Speaker 4: Council years ago and then apex ASCM required it and
- 18:09Speaker 4: I think their sunsetting it now it's kind of freeware
- 18:11Speaker 4: out there on the internet, but they're finding you upside
- 18:15Speaker 4: and downside adaptability, right, what percentage of impact can you
- 18:19Speaker 4: change a shorter term change within the next six to
- 18:22Speaker 4: twelve months, you know, a big impact to command both
- 18:25Speaker 4: upward and downward? Can we cope with without undoe costs? Right,
- 18:30Speaker 4: and disruption to the supply chain? And that creates a
- 18:33Speaker 4: Breadcromb trail. And another thing I'd like to encourage the
- 18:36Speaker 4: organizations to think about. We're thinking that midtern that's one, two,
- 18:40Speaker 4: three years or maybe further it'say, what kind of organization
- 18:43Speaker 4: would put us out of business. If I was going
- 18:46Speaker 4: to design a competitor that could eat our launch, what
- 18:51Speaker 4: would they be doing differently? What's their supply chain network,
- 18:54Speaker 4: what are the capabilities they would bring, what are the
- 18:57Speaker 4: technologies they'd be using, whether they exist not in beginning
- 19:01Speaker 4: to map those out, what could happen then using that
- 19:04Speaker 4: to fuel what you're focusing on as an organization. So, Mike,
- 19:07Speaker 4: I don't know if you're seeing that.
- 19:09Speaker 2: I think we're seeing a lot of companies that are
- 19:12Speaker 2: looking at they're really trying to evolve, and one thing
- 19:15Speaker 2: that we see is it's their supply chain and like,
- 19:17Speaker 2: are they almost looking at it from the standpoint of
- 19:20Speaker 2: let's greenfield what we've done for the last fifty years
- 19:23Speaker 2: and how would we be doing it today? And then
- 19:26Speaker 2: you take that and say, how do we move forward?
- 19:29Speaker 2: Because I need to brownfield and I can't greenfield it.
- 19:32Speaker 2: So what is the lesson learned here from looking at
- 19:35Speaker 2: what we should be? This is what we are today
- 19:39Speaker 2: and can we bridge that? And what will it take
- 19:41Speaker 2: us to bridge that?
- 19:42Speaker 4: I like that a lot.
- 19:43Speaker 3: That's really good interesting. So in other three year midterm horizons,
- 19:50Speaker 3: what besides I mean, we've talked about technology and a
- 19:54Speaker 3: little bit about labor. What else is really going to
- 19:58Speaker 3: impact that cup years for our organizations.
- 20:03Speaker 4: We can't avoid thinking about what's changing in the world.
- 20:05Speaker 4: We mentioned that earlier Ellen regulatory changes, things coming down
- 20:10Speaker 4: the pike with the Republican control apparently for all for
- 20:14Speaker 4: three branch using the United States coming up. You know
- 20:16Speaker 4: there's going to be big ships and tariffs and things
- 20:18Speaker 4: like that. And one of the things that has been
- 20:21Speaker 4: big in the last under the Biden administration was Defense
- 20:24Speaker 4: Production Act and then also the part of energy funding
- 20:27Speaker 4: that was pushed off their impact industries. But what most
- 20:30Speaker 4: people don't know is a lot of moneys out there
- 20:32Speaker 4: and just general supply chain and collaboration amounts supply chain
- 20:35Speaker 4: best practices. Well, there's funding and money out there. What's
- 20:39Speaker 4: important about that? That I learned the hard way. I
- 20:42Speaker 4: actually had some panelists at one of my podcasts that
- 20:45Speaker 4: if you want to be positioned to actually take advantage
- 20:47Speaker 4: of and tap into federal funding and be able to
- 20:50Speaker 4: get inside tracked to who's doing what out there to
- 20:52Speaker 4: leverage going forward, that's not oh let's do that next
- 20:56Speaker 4: week or next month. That could be a year or
- 20:59Speaker 4: two into make You've got to get started today, like
- 21:03Speaker 4: this is as we're recording this podcast. If a year
- 21:06Speaker 4: from now, you want to see some benefit and some
- 21:08Speaker 4: real traction from tapping into those sorts of programs. So
- 21:12Speaker 4: if you haven't started that, that's something you better be
- 21:15Speaker 4: putting on the radar. Mike, have you been seeing that
- 21:16Speaker 4: at all?
- 21:17Speaker 2: I've be aware of from the federal funding standpoint, and
- 21:20Speaker 2: that there's things available for companies, but even the companies
- 21:23Speaker 2: that are going through evolutions and their self funding, like
- 21:27Speaker 2: you're looking at that medium two to three year term
- 21:30Speaker 2: to do any major right sizing in regards to your
- 21:34Speaker 2: operational flows, your supply chain initiatives, automation, Like you don't
- 21:39Speaker 2: pull the trigger on an automated DC and have an
- 21:42Speaker 2: operational in thirty days. You're talking eighteen twenty four months
- 21:47Speaker 2: before realization and then stabilization of that operation. You're probably
- 21:51Speaker 2: looking at six months past your goal live date. So
- 21:55Speaker 2: that becomes some mid term steff in regards to companies
- 21:59Speaker 2: being able to reevaluate where they're at looking at if
- 22:03Speaker 2: they're looking at levels of automation, how that automation gets
- 22:07Speaker 2: applied into their business strategy, and what that roadmap looks
- 22:10Speaker 2: like over the next two to three years while they
- 22:12Speaker 2: wait for realization.
- 22:14Speaker 3: Great, all right, moving on to slightly longer timeline. So
- 22:18Speaker 3: if we're going to look at a five year planning horizon,
- 22:21Speaker 3: then we're looking at the supply chain as a whole.
- 22:24Speaker 3: We're not looking for quick wins anymore. We're looking for substantial,
- 22:28Speaker 3: overarching changes. And so one of the ways to do
- 22:33Speaker 3: that not only with technology, but also collaborative relationships with
- 22:37Speaker 3: other businesses, whether upstream, downstream, or horizontally. What types of
- 22:42Speaker 3: partnerships or ecosystem investments should companies think about in order
- 22:48Speaker 3: to build those resilient and future proof supply chains.
- 22:52Speaker 4: Look up Poppy in on that one for a couple
- 22:54Speaker 4: of minutes. So one of the podcast guests was Alan
- 22:58Speaker 4: Weiller a company called Exceptional Difference, and talk about this
- 23:01Speaker 4: wisdom gap and the phenomena that the baby boomers are
- 23:06Speaker 4: retiring out, we haven't developed the future workforce, and he
- 23:09Speaker 4: advocates that this is a longer term thing. This is
- 23:12Speaker 4: the years in the making, right, It's a company culture
- 23:16Speaker 4: thing of putting it out there. Look, we need to
- 23:18Speaker 4: have an actual, functionally robust mentorship program. So as we're
- 23:23Speaker 4: we're bringing new people into the supply chain workforce. We're
- 23:25Speaker 4: actually putting them into the responsibility of making some of
- 23:29Speaker 4: those critical decisions under control, under mentorship, allowing them to
- 23:34Speaker 4: get the body knows and do some builder things in
- 23:36Speaker 4: a control of fashion and learned by the mistakes. Because
- 23:39Speaker 4: of certain things you can't learn vicariously, You've got to
- 23:42Speaker 4: experience them. So I found that pretty interesting. And then
- 23:45Speaker 4: the other one that I think doesn't get nearly enough
- 23:48Speaker 4: press is i'll call it public private partnerships. And I've
- 23:52Speaker 4: seen some cool stuff isolation. Heard a story about an
- 23:55Speaker 4: inner city organization focused on bringing in German trades skills
- 24:01Speaker 4: and training up inner city children to be able to
- 24:04Speaker 4: enter skilled trades both to maintain buildings and the like
- 24:08Speaker 4: within that municipality in the city, but also to be
- 24:12Speaker 4: people that can go into the maintenance and operations departments
- 24:14Speaker 4: to keep manufacturing plans running. I think that's brilliant. So
- 24:17Speaker 4: I think organizations that are thinking longer term is you know,
- 24:21Speaker 4: do I have a chief I'll call it people officer?
- 24:25Speaker 4: Is that aligned at the board level? And I really
- 24:29Speaker 4: thought about our basis for competition five ten or even
- 24:32Speaker 4: fifteen years in the future, and where are the people
- 24:35Speaker 4: that going to come from to fill those jobs. Because
- 24:37Speaker 4: the factors, you're still going to need somebody to turn
- 24:38Speaker 4: a ranch on those machines. I'm sorry, You're still going
- 24:41Speaker 4: to need to pipe things through, You're still going to
- 24:43Speaker 4: need wire. Machines are going to break, They're going to
- 24:45Speaker 4: have to be this basic infrastructure would be a great
- 24:48Speaker 4: thing to think about. There are not enough people are
- 24:50Speaker 4: in the workforce in those trades. They're not okay, So
- 24:54Speaker 4: it's going to if the problem's going to get worse.
- 24:56Speaker 4: So what are we doing to create the environment. So
- 24:59Speaker 4: our organization are community. This is why I talk about
- 25:01Speaker 4: the public private partnership. Is are we tapping into available funding?
- 25:07Speaker 4: Help us fund kindergarten grade school, beginning to introduce children
- 25:11Speaker 4: to the notion that manufacturing and supply chain and engineering
- 25:14Speaker 4: their professions they should aspire to. Whether they're being astronauts
- 25:18Speaker 4: or lawyers or doctors. The fact is we need those people.
- 25:21Speaker 4: So you've got to get stigmatized. Well, if you're not
- 25:24Speaker 4: going to be a doctor, there must be your afailure.
- 25:26Speaker 4: That's just playing wrong. We've got to stop that kind
- 25:29Speaker 4: of social dialogue and retool the dialogue around what are
- 25:32Speaker 4: the meaningful jobs to keep this world humming. In the future,
- 25:36Speaker 4: you can in fact be a contributed society without being
- 25:39Speaker 4: some fancy degree professional. So I'm on a rant. I'll
- 25:43Speaker 4: take a breath here, right.
- 25:45Speaker 2: I love the rant because I think we come out
- 25:48Speaker 2: of the school where hey, you need to go to college,
- 25:51Speaker 2: get a four year degree, then go get your cushy
- 25:54Speaker 2: job and make big bucks and that's your career path.
- 25:58Speaker 2: And I'm so in favor of the traditional trades and
- 26:03Speaker 2: things like that, Like people don't necessarily understand like those guys,
- 26:07Speaker 2: if you get your certifications of things like that, you're
- 26:10Speaker 2: in demand and you're making a very nice living. And
- 26:14Speaker 2: I think that's one of the things that needs to
- 26:16Speaker 2: be understood more and pushed more, and from the school
- 26:20Speaker 2: levels up from coming out of high school. The vocational
- 26:23Speaker 2: learnings redeveloping some of that I think is huge. On
- 26:26Speaker 2: the other piece of that, we were kind of talking
- 26:29Speaker 2: about the digitalization, right, and the one thing that I
- 26:32Speaker 2: really liked it where you're hitting home on around was
- 26:34Speaker 2: that mentorship. Right. As we get into this digitalization, it
- 26:38Speaker 2: creates a lot of quantitative analysis, right, and what people
- 26:43Speaker 2: are not going to have is numbers. They say, don't life,
- 26:47Speaker 2: but numbers lie, they don't necessarily paint the true picture.
- 26:51Speaker 2: And without having a qualitative mindset to understand when data
- 26:56Speaker 2: is telling me something and do I react to it
- 26:59Speaker 2: one way or the other. That is the gap that's
- 27:02Speaker 2: there because the baby boomers are leaving the workforce, that
- 27:05Speaker 2: thirty years of experience of understanding, hey, this is how
- 27:08Speaker 2: this runs well and the data starts to flip out
- 27:11Speaker 2: differently and saying no, no, no, this is we need
- 27:14Speaker 2: to me jerk react to what's happening. It's like, now
- 27:17Speaker 2: you need to kind of slow down and understand what
- 27:20Speaker 2: this is because it's cycles, right. So I think some
- 27:23Speaker 2: of that that's going to get lost is the qualitative
- 27:27Speaker 2: reasoning that people have to have when they're looking at
- 27:30Speaker 2: quantitative data, because that's going to be lost in the workforce.
- 27:33Speaker 2: It's all the baby boomers exit.
- 27:35Speaker 4: Yeah, I completely agree with that, and I'd just like
- 27:38Speaker 4: to add on to expand on that for a second.
- 27:40Speaker 4: Mind is, Yeah, urge organizations really think about what's that
- 27:44Speaker 4: workforce of the future look like in supply chain and elsewhere.
- 27:47Speaker 4: Supply chain is kind of our topic here, but what's
- 27:50Speaker 4: the nature of work look like ten years from now?
- 27:53Speaker 2: Okay?
- 27:54Speaker 4: Yeah, and then it kind of come down to, let
- 27:56Speaker 4: one say, so, who are the individuals are really impacted
- 27:58Speaker 4: by that? It's going to be different, the nature of
- 28:02Speaker 4: the work they're doing is going to be different. So
- 28:03Speaker 4: what's our strategy to develop that workforce of the future,
- 28:07Speaker 4: the mentorship program, prepare the leaders of the future to
- 28:09Speaker 4: work in that environment, and then what is the soft
- 28:12Speaker 4: landing that we're prepared to invest in for the people
- 28:16Speaker 4: that would be displaced. I'd love your example of the
- 28:17Speaker 4: folks funding the cash regisers, you know at the home
- 28:20Speaker 4: depot or the costco or whatever. I think those organizations
- 28:23Speaker 4: probably have a plan for those folks. They're not disclosing.
- 28:26Speaker 4: It's probably because it's part of their secret sauce, part
- 28:29Speaker 4: of their company culture. But you've got a bet they've
- 28:32Speaker 4: given us and thought. So we're all kind of challenged
- 28:35Speaker 4: as leaders in our organizations for what is it that's
- 28:38Speaker 4: going to be different from those folks. And I'm going
- 28:40Speaker 4: to tell you right now.
- 28:41Speaker 2: I work with.
- 28:41Speaker 4: Organizations that are attempting to digitize and they keep finding
- 28:44Speaker 4: out over and over again the number one barrier is
- 28:48Speaker 4: people because they're scared. They don't understand they're going to
- 28:51Speaker 4: actively or passively disrupt and fight you all the way.
- 28:56Speaker 4: That's because we haven't done a good job at all
- 28:58Speaker 4: as leaders of what the future of work looks like
- 29:02Speaker 4: and then equipping them to do that work, or failing that,
- 29:06Speaker 4: how are we going to retool those people so if
- 29:09Speaker 4: they can a go into a different industry altogether, maybe
- 29:12Speaker 4: they're not even working for us anymore, but we're enabling
- 29:14Speaker 4: them to be able to go into a different industry
- 29:16Speaker 4: as part of our greater good strategies in organization. Let's
- 29:20Speaker 4: face it, if we need five people to produce an
- 29:22Speaker 4: unit today and we're going to need two three years
- 29:23Speaker 4: from now, then we have an obligation to think about
- 29:27Speaker 4: how we're going to prepare people for that.
- 29:30Speaker 2: Yeah, and jail on that. Right. A client to that
- 29:32Speaker 2: we've been working with on a current project is we
- 29:35Speaker 2: were having these discussions in regards to automation, right, and
- 29:38Speaker 2: it's its displacement of certain jobs, and they were adamant
- 29:44Speaker 2: that might we do not want you to say job reduction.
- 29:49Speaker 2: We will repurpose these people because these are valuable people
- 29:53Speaker 2: in the organization. We will take them and give them
- 29:56Speaker 2: another opportunity. But we're not getting rid of people because
- 29:59Speaker 2: we're having a tough time finding people, and they have
- 30:03Speaker 2: a backlog of what they're trying to do, and like,
- 30:05Speaker 2: we'll take somebody that is currently driving a forklift that
- 30:08Speaker 2: has been with us for ten fifteen years, and we
- 30:11Speaker 2: will put training into them to allow them to do
- 30:13Speaker 2: like a next level job up. But we want the
- 30:16Speaker 2: people that are fitting the culture, that have the mindset,
- 30:19Speaker 2: that want to be here and that if worked hard
- 30:21Speaker 2: for the company, and we're going to make sure that
- 30:23Speaker 2: we find a place for them. So that was a
- 30:25Speaker 2: strong message that at least from that company that hey,
- 30:28Speaker 2: we value the people and I don't want to lose them.
- 30:31Speaker 4: We're going to repurpose them. I agree with that what
- 30:34Speaker 4: I'm hoping for. At this dinnerate discussion last night with
- 30:39Speaker 4: some really cool people in Detroit, and we were lamenting
- 30:42Speaker 4: that publicly traded organizations are driven to the court as
- 30:45Speaker 4: a results run private accruiting investment or organizations driven to
- 30:49Speaker 4: the next flip of ownership. They really are not willing
- 30:52Speaker 4: to invest in that three to five even ten year approach.
- 30:56Speaker 4: So how do we make that call it for how
- 30:58Speaker 4: do we imbed that into the psyche of the future organization?
- 31:02Speaker 4: At dinner last night, they asked me, who's the company
- 31:04Speaker 4: you really admire? And I had to sit there and
- 31:07Speaker 4: really think hard about that, because I'm telling you, I
- 31:09Speaker 4: have kind of a job just view of corporate behavior
- 31:12Speaker 4: and we're really serious about three, five, seven, ten years?
- 31:17Speaker 4: Are we really serious? And then what are we doing
- 31:19Speaker 4: to make that fill of proof? That's a challenge I've
- 31:21Speaker 4: put out there that corporate America, in my mind, is
- 31:24Speaker 4: just not able to in the current state. I think
- 31:27Speaker 4: that way as much as we would like at least,
- 31:29Speaker 4: that's my opinion. Yeah, that's a big ying yang right now,
- 31:33Speaker 4: right is how do you maintain stackholder equity for short
- 31:36Speaker 4: term gains versus how do I project my company long
- 31:39Speaker 4: term to be successful? And they those two compete against
- 31:42Speaker 4: each other all day long.
- 31:44Speaker 3: All right, So, reflecting on the growing role of sustainability,
- 31:48Speaker 3: we've talked about it in a couple areas here today
- 31:51Speaker 3: and over the next five years, some of those policies
- 31:54Speaker 3: that are coming into play are going to be at
- 31:57Speaker 3: that point enforced. How can companies set sustainability as just
- 32:02Speaker 3: a core organizational operational principle, building it into every aspect
- 32:08Speaker 3: of their supply chain. Because we have some deadlines coming up,
- 32:11Speaker 3: you know globally and even regionally, some deadlines on those
- 32:16Speaker 3: sustainability goals with the Paras Accords and other legislation. How
- 32:21Speaker 3: can they be ready for those and set themselves up
- 32:24Speaker 3: for success. We've only got a few years to do it.
- 32:27Speaker 2: I think what we're going to see here is companies
- 32:31Speaker 2: have to have a cultural change from the top. They
- 32:35Speaker 2: need to look at their overall strategies. How these strategies
- 32:39Speaker 2: are applying down and filtering through the organization. But it
- 32:43Speaker 2: needs to be a top down approach that the company says, hey,
- 32:47Speaker 2: we want to beat this type of company. Now you
- 32:51Speaker 2: all need to get on board, and we need to
- 32:53Speaker 2: start looking at things a certain way. And until that happens,
- 32:58Speaker 2: they're crossing the ts in the eyes to meet the
- 33:01Speaker 2: mandates that are coming through.
- 33:03Speaker 4: I completely agree with that, and now we'd add to
- 33:05Speaker 4: that that the second piece of the Caauzolia is as
- 33:08Speaker 4: to the top leaders finding out what.
- 33:10Speaker 2: We need to focus on.
- 33:12Speaker 4: And so every industry, the basis of competition is going
- 33:16Speaker 4: to be a little different. You're early in the growth curve,
- 33:19Speaker 4: you mature, you decline. Is it an industry that's going
- 33:22Speaker 4: to be fundamentally changed through technologies and things that are
- 33:25Speaker 4: coming from the legislation perspective, And it really comes down
- 33:28Speaker 4: almost on a company by company basis of drawing that down.
- 33:31Speaker 4: If here's the longer this I mentioned. You know, the
- 33:33Speaker 4: sixty five things you can do to deal with a
- 33:35Speaker 4: forever labor shortage. You can't do all sixty five. You're
- 33:38Speaker 4: not going to So you've got to get really precise
- 33:41Speaker 4: around what are the the key things we want to
- 33:43Speaker 4: learn bad in our culture, the basis of competition in
- 33:47Speaker 4: the future, the reality we're going to be in, and
- 33:49Speaker 4: draw it down to, Okay, what do we need to
- 33:52Speaker 4: be listening for, like I said it really well, and
- 33:55Speaker 4: what are the leading indicators we need to be paying
- 33:57Speaker 4: attention to to tell us when to pull the trigger?
- 33:59Speaker 4: Uns one of the things that have a high and
- 34:02Speaker 4: likelies that are occurring that we should be prepared. And
- 34:05Speaker 4: so I'm just piggybacking up. I can't just say and
- 34:07Speaker 4: just drawing attention to It really comes down to almost
- 34:10Speaker 4: like a personal thing, you know, like a corporation is
- 34:12Speaker 4: really like a person, and it's got life some cycles.
- 34:16Speaker 4: It starts everything as an amateur, and it's got to
- 34:18Speaker 4: learn how and blah blah blah, blah blah sect people.
- 34:21Speaker 4: So it's the same thing. It's a very personal thing
- 34:23Speaker 4: at the corporate level around what are we focusing on why,
- 34:27Speaker 4: and then embedding that in the psyche so that it's
- 34:30Speaker 4: bulletproof and doesn't change with the next CEO or the
- 34:33Speaker 4: next owners even and has it's a life of its
- 34:36Speaker 4: own that can be sticky in the fabric how the
- 34:39Speaker 4: company operates just basically an operating system. It's integrated so
- 34:43Speaker 4: deeply into how they do business and what they are
- 34:46Speaker 4: that it can't it can't undo it very easily.
- 34:50Speaker 2: Hey, Ron, And I think to add to that too,
- 34:52Speaker 2: is where companies look at change management and how do
- 34:56Speaker 2: they go about making these changes and making them stick?
- 35:01Speaker 2: And that is one of the toughest things I think
- 35:03Speaker 2: that organizations have is managing that change management component of
- 35:08Speaker 2: how do I get from point A to point B
- 35:10Speaker 2: and not upset the apple cart and make everybody run
- 35:13Speaker 2: with their hair on fire and were nun scared? Right?
- 35:16Speaker 2: So I think that is a huge initiative there.
- 35:19Speaker 4: Yeah, that's the subject of an entire podcast in and
- 35:22Speaker 4: of itself.
- 35:23Speaker 2: Yeah, for sure, I got people to talk about that,
- 35:28Speaker 2: all right, gentlemen.
- 35:28Speaker 3: So some final thoughts on achieving the right balance between
- 35:32Speaker 3: that short term flexibility and a sustainable long term vision.
- 35:37Speaker 3: What are some of the key indicators that supply chain
- 35:40Speaker 3: leaders should be monitoring to make these informed decisions and
- 35:44Speaker 3: to adjust their strategies over time.
- 35:48Speaker 4: I would just kind of repeat something I said earlier
- 35:50Speaker 4: is get good at listening for the short and long
- 35:54Speaker 4: term indicators, Listening to the market, listening to the governments
- 35:57Speaker 4: that you do business, where do you sell, what's going
- 36:01Speaker 4: on in those geographies politically, economically, et cetera. Learning how
- 36:05Speaker 4: to listen toward both the short and long term indicators
- 36:07Speaker 4: of certificate change, and then becoming skillful at moving that
- 36:12Speaker 4: upstream into your organization. What are we hearing? What does
- 36:14Speaker 4: that mean to us? What do we rationalize from that?
- 36:17Speaker 4: And then better at going upstream to the listening and
- 36:20Speaker 4: engagement of supply partners upstream for okay, what do you
- 36:24Speaker 4: hear it? Because guess what, I might be selling ten
- 36:27Speaker 4: percent of my products into this market. We probably have
- 36:29Speaker 4: suppliers that live there every day in that market. They
- 36:33Speaker 4: know a whole lot about it. We're never going to learn.
- 36:36Speaker 4: So how do we engage and create the collaboration across
- 36:40Speaker 4: the value chain? So we can have this active dialogue
- 36:42Speaker 4: of both the medium, short and long term strategy. Now
- 36:46Speaker 4: it's just kind of a both short and medium term
- 36:48Speaker 4: and then a bigger picture perspective. What is the basis
- 36:51Speaker 4: to compete five, ten, fifteen years in the future, What
- 36:55Speaker 4: does that workforce look like in that future, what markets
- 36:58Speaker 4: are we in, and what are the technologies look like
- 37:00Speaker 4: that we're dealing with, And have those scenarios out in
- 37:03Speaker 4: front of them, and basically have in your roadmap thought
- 37:05Speaker 4: through is as we get these indicators, what path does
- 37:09Speaker 4: that suggest and do we have the right things in
- 37:11Speaker 4: place so that we can move in that direction. So
- 37:13Speaker 4: if we're going to button it up, let's people process
- 37:16Speaker 4: the technology, but using the market and market forces and
- 37:19Speaker 4: political forces, we can anticipate shape what we commit to.
- 37:24Speaker 2: I would agree with that around one hundred percent. And
- 37:26Speaker 2: I think it's also the companies are looking at it
- 37:29Speaker 2: and if they're in the forefront of this and they
- 37:34Speaker 2: look at the different things they can do for sustainability,
- 37:37Speaker 2: can they be an early adapter to those technologies or
- 37:41Speaker 2: strategies that would be applied, and does it create a
- 37:45Speaker 2: cost benefit for the company, right, because if they can
- 37:49Speaker 2: monetize it, they will implement it exactly and they will
- 37:53Speaker 2: gain traction faster. There's the ones that you have to
- 37:57Speaker 2: do that are going to cost you, right. I think
- 38:00Speaker 2: there are things out there that companies can do in
- 38:02Speaker 2: regards to hey, what do we do in regards to
- 38:05Speaker 2: renewable energy sources? Again, can we invest in that that
- 38:09Speaker 2: pays us back in that five to ten year window.
- 38:12Speaker 2: That's a great example, a great example. I think some
- 38:15Speaker 2: of those type of initiative in designing lean and designing
- 38:19Speaker 2: clean products, right, like how do we create and use
- 38:23Speaker 2: more recycled content, even though that's a benefit to us,
- 38:27Speaker 2: and it's a benefit to the customers and it's a
- 38:28Speaker 2: benefit to the environment. Right. So, I think as they
- 38:31Speaker 2: get better at looking at some of these sustainable efforts,
- 38:34Speaker 2: they can become the early adopters in that technologies or
- 38:38Speaker 2: the strategies that they're applying. I think it does create
- 38:41Speaker 2: that cost benefit for them long term, but they've got
- 38:45Speaker 2: to probably pay the piper up front to get there,
- 38:47Speaker 2: all right.
- 38:48Speaker 3: That brings us to the end of this episode. Thank you,
- 38:52Speaker 3: gentlemen so much for your insights. I know that our
- 38:56Speaker 3: listeners are going to really enjoy this this episode, so
- 39:01Speaker 3: I look forward to getting some feedback from our listeners
- 39:04Speaker 3: out there of what they thought about these one, three
- 39:08Speaker 3: and five year planning horizon tips, tactics insights for our listeners.
- 39:13Speaker 3: If you have a suggestion for a topic or would
- 39:16Speaker 3: like to be a guest on our show, please reach
- 39:19Speaker 3: out to me. We'd love to hear from you. You
- 39:20Speaker 3: can contact me at podcast at meboch dot com at
- 39:24Speaker 3: any time. As always, thank you for listening to Speaking
- 39:28Speaker 3: of Supply Chain. If you've enjoyed this episode, please rate
- 39:31Speaker 3: and review us on whichever podcast platform you prefer. We're
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- 39:38Speaker 3: to tune in next time.
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