Marketplace

Procurement Leaders research, in partnership with GEP, explores how CPOs are balancing risks and growth in a complex environment

Over the last few decades, technology has driven significant change in consumer behaviour, and manufacturing processes have moved from lean efficiency to agility. With inventory management increasingly linked to competitive advantage and profitability, inventory processes have had to adapt. The pandemic changed everything, bringing with it supply shortages, increased shipping costs and greater uncertainty. Corporations have reacted by holding higher levels of safety stock, which comes at a cost. Today, balancing the competing priorities of holding just enough inventory to avoid production outages while reducing inefficient capital and storage costs is the central issue in inventory management. Taulia’s Inventory Management ecosystem takes a fresh, technology-led approach to tackling this issue.

Hear Russell Investments’ Morgan Walt discuss how she digitized the contracting process at the global investment solutions company. Her talk outlines the contracting challenges the company faced, her step-by-step approach to addressing immediate priorities and preparing for the long term