Listen to the visionary for the only automotive trade association that represents OEMs, suppliers and mobility companies. Get the inside track on the evolution of internal combustion (ICE) supply chains to electric vehicle (EV) and autonomous vehicle (AV) supply chains.

Episode notes:
3:31 the automotive supply/value chain. Operating at the intersection of innovation, production and policy. 4:55 semiconductor supply shortage impact on automotive supply chains resulting in loss of 1-2M units of production (after auto production had ceased completely in 2020). 8:28 reinforcing US domestic semiconductor/automotive supply chains to address disruptions. 9:53 evolution of industry to electrification and autonomy. 10:20 shift from drilling for oil, to mining for minerals. 11:21 impact on exhaust systems, fuel systems and emissions. 13:38 impact on labor. 15:12 policy critical to this transition. 16:14 regulatory blueprint to drive adoption of EVs & AVs. 18:12 fleets as a ‘vehicle’ to scale new markets. 19:22 adoption will come from a combination of regulation and economic factors. 20:02 Automatic Driver Assist Systems (ADAS). 22:02 building an EV charging infrastructure. 24:21 new supply chains for EVs/AVs and the batteries that power them. 27:10 domestic supply chains for lithium-ion/solid state batteries (Panasonic, LG Chem). 31:35 total cost of ownership threshold, “cost-parity” and “convenience-parity”. 33:24 timeline for scale. 35:25 global leadership for US in AVs. 37:12 sensors and ADAS technology for vehicle safety. 39:12 environmental impact/sustainability of sourcing. 40:45 competition between US and China for OEM production of EVs. 42:26 global competitive landscape for AVs, US needs to seize its technology advantage. 44:00 innovators in EV and AV space achieved through partnerships (convergence of mobility and technology). 47:10 GM’s and Honda’s investment in Cruise, Ford’s investment in Argo, Toyota partnering with Uber. 48:07 AI as a key technology input for AVs through awareness and perception algorithms (enables accessibility as well). 49:33 FCC needs to address importance of connectivity (V2V critical). 51:19 achievability of Paris Climate Accord GHG/emissions goals depends not just on the automotive industry but the entire ecosystem (grid resiliency, reimagined supply chains, industrial retooling, workforce evolution, consumer awareness, access/affordability). 53:12 Biden administration, Gina McCarthy communicating the needs for reduced emissions and transition to electrification. 53:40 Autos 2050 conference on the intersection of innovation and policy to address environmental, economic and safety goals.

How Bid Ops has automated supplier negotiations and brought artificial intelligence to supply chain management. Strategic sourcing trends for 2021 and so much more!

Episode notes:

John Cooper/Industrial Exchange on increased SKUs increasing management costs 7:12. ‘Spend fragmentation’ 8:17. Volatility and disruption 8:43. Massive congestion at ports 9:07. Instability associated with economic inequality 9:46. Strategy for identifying mission critical processes 10:09. Increasing optionality and process speed 10:52. How AI can automate supplier negotiations 11:33. Smart defaults 13:38. Cunningham’s law 14:06. Default pricing 15:23. Winners curse 16:23. AI and ML make automating intelligent price recommendations at scale possible 16:50. 2-5x cost saving 18:23. Adaptive target pricing 18:31. How behavioral economics informs the development of AI 20:49. Daniel Kahneman’s “Thinking Fast and Slow” 21:14. Fair Markets and Ariba 22:29 Leading with ‘best outcome’ 23:39. Inefficiencies in supplier negotiations 26:09. Adverse and auspicious selection 26:41. Sourcing enablement 28:39. Sourcing collaboration 31:31. Criteria for selecting strategic sourcing solutions 35:26. ROI from Bid Ops solutions 41:15. UCB Biopharma 45:40. BASF chemical manufacturing 48:15. Holman ARI Automotive 50:29. Bell Food and Beverage 52:18. Consumer Packaged Goods 53:14. The importance of a digital strategy 54:34. Embracing the cloud 55:34. Prepare for volatility 58:45. Optionality + Agility = Resiliency 1:04:22. Agility 1:08:07. Building deeper supplier relationships 1:09:56. The rise of sustainability as a business imperative 1:13:08. EV sustainable procurement  (Lordstown and Nikola) 1:16:39. The most talented workers are drawn to companies with a mission for social good 1:17:28. CSR measurement companies EcoVadis and IntegrityNext 1:18:25. Role of data management in AI 1:20:42. Coupa and Netsuite ERP solutions 1:27:53. Procure to play companies SourceDay and Procurify 1:28:07.

PeakSpan supply chain and procurement growth-stage investment strategy. 

Episode notes: PeakSpan mission 6:37. PeakSpan supply chain technology platforms 9:54. Efficiency targets for investments 13:46. Distinction in investments at 3-5M vs 25M+ 17:29. Value of Zenefits, Netsuite and Oracle perspective 18:27. Why supply chain? 21:01. Cold chain 23:35. Front of the house vs back of the house software adoption 28:03. Omnichannel 29:10. Valuing cost-saving as much as revenue generation 29:40. Importance of data 32:42. Coupa spend management 34:50. ERP market penetration 36:33. Logistics value 38:49. Importance of Labor 42:06. Thesis for XOi investment 46:09. Trends to watch for in 2021 50:54.

PeakSpan's Top 10 Predictions for #SupplyChain and #Procurement #Software in 2021. https://tinyurl.com/y6rl2txf