Coronavirus and Supply Chain Series - Rebranding Procurement with Leslie Venetz and Katie Johnson from Procurement Leaders
Release Date: 10/01/2020
Adventures in Supply Chain
This episode covers the 2024 Predictions for Supply Chain. ✅ChatGPT As Supply Chain and Procurement practitioners always looking for ways to make our work more effective and efficient, my prediction is that the use of ChatGPT will trend upward. ✅Dashboards for Communication with Stakeholders Data visualizations like those from PowerBI will be on the rise because they have different levels of aggregations so your stakeholders can see only what they are looking for. ✅Sustainability Sustainability has been trending in the most recent years. I think 2024 will not be the exception....
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Ready to know the top 10 inventory management metrics that everyone in supply chain and procurement must know. In this video you will know the top metrics, the meaning, and calculation. Everything is here. #1 Inventory Days of Supply #2 Inventory Turnover #3 Cash to Cash Cycle #4 Return on Working Capital #5 Inventory Carrying Cost #6 Cost of Goods Sold (COGS) #7 Obsolescence for Raw Material, WIP, and Finished Goods Inventory #8 Perfect Customer Order Fulfillment #9 Inventory Accuracy #10 Customer Order Fulfillment Cycle Time Bonus Tip: For Free and Actionable Resources, please...
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Inventory has a tremendous impact on your profit and loss statement and balance sheet. If it's not properly balanced against demand, it's hard for companies to serve customers, which can lead to problems. For example, Nike's difficulty with responding to supply chain issues and inflation that's negatively impacted its profit. On the other side, because of low inventory led to the company to file for bankruptcy after 90 years in business. In this episode, we will unveil 5 secrets for effective inventory management: Secret #1 – Increase Your Visibility Secret #2 – Focus on Better...
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Tim Cook—Apple’s CEO—says that inventory is “fundamentally evil”. In Accounting, inventory is an asset. This means a resource that the company expects to generate future benefits. It seems that Cook and Accounting views are in conflict. Who’s right: Apple’s CEO or Accounting? To answer this question, listen to this video and know the impact of inventory on the financial statements in S&OP/ IBP. For Free and Actionable Resources, please visit
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Sales and Operations Planning (S&OP) has been around since the late 1980’s. However, a handful of companies only are successful in this cross-functional process that “integrates demand, supply, operations, and financial planning into one game plan for business.” This is the definition by the . It is unfortunate that most organizations are just capturing a small fraction of the potential benefits of S&OP. In this episode, we are going to cover: - Benefits of S&OP/ IBP - 5...
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Walmart has a negative working capital. Coca-Cola has a positive working capital. Which company is doing better? Another question for you. Being in Supply Chain and Procurement, how can you improve working capital? In this video we are going to cover: What’s working capital? What’s the difference with cash? What are the metrics we can use? How can we improve working capital? What’s the impact of inventory on working capital? For Free and Actionable Resources, please visit
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Ready to know the top 10 financial metrics that everyone in supply chain and procurement must know? In this episode you will know the top metrics, the meaning, and calculation. Everything is here. Top 10 Financial Metrics for Supply Chain Professionals #1 – Gross Margin #2 – Operating Profit Margin #3 – EBITDA #4 – ROA #5 – Inventory Turnover Ratio #6 – Days Sales in Inventory #7 – Accounts Receivable Turnover Ratio #8 – Accounts Payable Turnover Ratio #9 – Working Capital Ratio #10 – Operating Cash Flow Ratio For Free and Actionable...
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What is the Difference Between Sales and Operations Planning (S&OP) and Integrated Business Planning (IBP)? Is that the right question? Or should we ask if there are any differences between S&OP and IBP. In this episode we will dive into the key aspects of S&OP and IBP, compare them against each other for you to decide if they are different. We will cover the following aspects: -Focus -Scope -Execution -Approach -Language For Free and Actionable Resources, please visit
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I am not an Accountant; Why do I need to know about cash flow if I am in Supply chain, I am in planning, S&OP? Fair question. To advance in your career and improve in your sales and operations planning or in integrated business planning, you need to know the language of the business. And that language is Finance and Accounting. In this episode, you will learn about the Cash Flow Statement and its key components so you can understand the impact of operations on a fundamental financial statement and think like the CEO and CFO. After all, cash is king. For...
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The Profit and Loss Statement or P&L? Why do I need to know about that if I am in Supply chain? These are valid questions. Supply Chain is not Finance or Accounting. But, we need Finance and Accounting to be successful in Supply Chain careers and to improve in sales and operations planning or in integrated business planning. It is the language of the business. In this episode, you will learn about the Profit and Loss Statement (P&L) or Income Statement and its key components so you can understand the impact of operations on a fundamental financial statement and think...
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Adventures in Supply Chain podcast is pleased to present this video episode of the "Coronavirus and Supply Chain Series" with Katie Johnson and Leslie Venetz from Procurement Leaders.
Founded in 2004 and headquartered in London, Procurement Leaders is a global network serving major corporations and procurement, sourcing and supply chain executives by providing independent procurement intelligence, professional development and peer to peer networking.
Katie Johnson is the Director of Account Management, Americas. In her role, Katie has impressive accomplishments including:
- Customer Obsession Award winner 2019 - Elected by Executive Leadership Team
- Developed and implemented a global account health scoring and cadence methodology to identify and reduce risk sooner, ensuring more value for our customers
Past experience of Katie includes different positions at CEVA Logistics, Business Implementation and Development Manager at NDLI Logistics, and Business Analyst at Waterpik, Inc.
Leslie Venetz is the New Business Development Director, Commercial Accounts, Americas at Procurement Leaders. In her role, Leslie has gone beyond delivering results to be a Member of the PL Curiosity, Sustainability & Giving Back Pillars; being the Commercial Voice for Women Procurement Leaders Diversity Community and being Nominated by CEO to represent PL on World50's Diversity & Inclusion Committee.
Leslie is a motivated and dedicated sales leader, with a powerful history of success in new business development. Her expertise has been in event sales for Fortune 1000 senior-level executives, consultative sales, and SME sales.
In addition to sales expertise, Leslie has in-depth knowledge related to public speaking, fundraising, and non-profit events.
Past experience of Leslie includes Vice President, Sponsorship Sales, Business Development and Strategic Planning at Carpathia Marketing LLC; Head of Sales American Expansion at PHMG Worldwide, and Director, National Accounts at Marcus Evans Group.