New Trade Horizons: Geopolitical Realignment and Global Markets

01/16/25 • 21 min

Tune in to the latest episode of Supply Chain Deepdive where hosts Michael Jung and Jess Williams delve into the Boston Consulting Group's (BCG) thought-provoking report, "Great Powers, Geopolitics, and the Future of Trade." This episode explores the anticipated major transformations in global trade dynamics over the coming decade, highlighted by geopolitical shifts. The hosts dissect the strengthening of North American trade relationships, China's deepening economic engagements with the Global South, and the rising influence of emerging economies such as India and Southeast Asia. Through expert analysis and discussion, this episode provides listeners with insights into how these global shifts will reshape international trade and what businesses can do to navigate this evolving landscape successfully.

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🔒 Navigating the Maze: Regulatory Complexity in Procurement

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Dive into the intricacies of regulatory impacts on procurement in this episode of Supply Chain Deepdive, titled "Navigating the Maze: Regulatory Complexity in Procurement." Hosts Michael Jung and Jess Williams explore the critical insights from Gartner’s report, "Regulatory Complexity and the Future of Procurement." The episode delves into how an increasing array of antitrust laws, ESG regulations, and protectionist policies are reshaping procurement strategies. Key discussions include the necessity for enhanced compliance, the strategic importance of supplier diversification, and the imperative for greater supply chain transparency. The hosts also discuss how agile network design, robust category and supplier management, and strategic technology investments can fortify supply chains against regulatory upheavals. Concluding with actionable recommendations, this episode equips procurement leaders with the knowledge to adapt their strategies and staffing to navigate these complex regulatory landscapes effectively.

Next Episode

Redefining Retail Procurement: Strategic Priorities for 2025

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Join hosts Michael Jung and Jess Williams on a new installment of Supply Chain Deepdive as they delve into Boston Consulting Group's insightful white paper, "Indirect Spend in Retail - Procurement Leader Priorities for 2025." This episode examines the evolving landscape of retail procurement, unveiling key priorities and challenges faced by Chief Procurement Officers (CPOs). Drawing from a survey of 32 retail procurement leaders, the discussion highlights how enhanced cost control, risk management, and technology adoption can revolutionize indirect spend management. The hosts also explore the critical obstacles such as progress tracking, skill shortages, and the need for better cross-functional teamwork. Featuring strategic themes for 2025, this episode provides a roadmap for procurement leaders aiming to boost efficiency and achieve sustainable value in a dynamic retail environment.

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