Navigating the Supply Chain Landscape

Summary

In this conversation, Craig Thornton shares his extensive experience in supply chain management, discussing the evolution of the industry, especially post-COVID. He emphasizes the shift from a focus on cost to a greater emphasis on value and relationships with suppliers. Craig highlights the importance of perspective in leadership, the balance between data-driven decisions and relationship management, and shares valuable negotiation techniques. He draws parallels between his experiences in sports and leadership, advocating for a servant leadership approach that fosters collaboration and support among team members. In this conversation, Brandon Stanchock and Craig Thornton delve into the complexities of supply chain management, particularly during crises. They discuss the importance of prioritization, the tension between operations and supply chain, and the need for continuous improvement and personal development. Craig shares insights on future trends in supply chain, including the challenges of freight and the resurgence of vertical integration. The discussion emphasizes the significance of effective communication and planning in ensuring successful supply chain operations.

Chapters

00:00 Introduction to Supply Chain and Leadership
05:00 The Evolution of Supply Chain Post-COVID
10:03 The Shift from Cost to Value in Supply Chain
14:56 Building Strong Supplier Relationships
19:50 The Importance of Perspective in Leadership
24:56 Negotiation Techniques for Success
30:04 Leadership Lessons from Sports
40:07 Navigating Supply Chain Crises
46:52 The Tension Between Operations and Supply Chain
54:00 Continuous Improvement and Personal Development
01:03:06 Future Trends in Supply Chain Management