Cost Cutting Initiatives Stressing You Out? Let’s Explore the Hidden Value

The last few years have been highly unpredictable – and the spare parts supply chain hasn’t been… spared. In response to the disruptions, many manufacturers not only increased spending, but they also increased their levels of buffer stock. With demand starting to slow, they will need to adjust yet again, ideally without creating undue stress.Paul Noble, is the Founder and Chief Strategy Officer with Verusen and Nick Griffith is a Senior Product Manager. They have extensive experience working with industrial supply chains and they are putting it to work to help manufacturers cut costs and reveal the value hidden within their operations.In this livestream-based episode, Paul and Nick speak with co-hosts Scott Luton and Greg White about:• Why poor data quality continues to elevate supply chain risk• How manufacturers can balance their operational risk targets and working capital strategies• Why MRO may be an overlooked opportunity to capture valueAdditional Links & Resources:Learn more about Supply Chain Now: https://supplychainnow.comCheck out our new Supply Chain Now Media Kit: https://bit.ly/3emdLcKSubscribe to Supply Chain Now and all other Supply Chain Now programs: https://supplychainnow.com/subscribeJoin the NOW Community: http://bit.ly/41kpUSOLeveraging Logistics and Supply Chain for Ukraine: https://vectorgl.com/stand-with-ukraine/2022 Q4 U.S. Bank Freight Payment Index: https://freight.usbank.comWEBINAR- What Running a Data-Driven Supply Chain Means to Evenflo: http://bit.ly/3Zvun3fWEBINAR- How Collaboration, Tail Spend Management, and VMI Can Improve Up and Downstream Communications: https://bit.ly/41jsl85This episode is hosted by Scott Luton and Greg White. For additional information, please visit our dedicated show page at: https://supplychainnow.com/cost-cutting-initiatives-stressing-explore-hidden-value-1109