Practical Insights (Blog)

In the first of a four-part series on the resilient, agile, digitally enabled supply chain of the future, Nathanael Powrie, EVP Data Analytics and Simon Knowles, Chief Marketing Officer, answer some frequently asked questions. They consider what it attempts to accomplish and, as businesses look to the future, explain why they believe it is integral to short, mid and long-term resilience, agility and risk reduction.

Improving your supply chain continuously as new trends emerge, can be the key difference in maintaining sustainable growth for any company.

Nathanael Powrie, EVP Data Analytics, discusses how harnessing new technological advancements powered by developments in IoT, combined with advanced analytics, drives companies to leverage smart data for smart procurement.

Mark McTigue, EVP Private Equity, and Joe Esteves, VP Private Equity, discuss why private equity firms are increasingly deploying data analytics to help them buy right and buy smart in a challenging market.

Now more than ever, buyers and suppliers are under pressure to cut down on waste in order to reduce costs, improve return on investment, manage resource scarcity and reduce the environmental impact of operations. Joseph Esteves, VP Industry Partner and Nathanael Powrie, VP Data Analytics at Maine Pointe discuss the vital role food waste management plays in the future of supply chains.

A recent United Nations report, How to Feed the World in 2050, found that food production may need to increase up to 70% by 2050 to feed the 9.7 billion people who will live on Earth by that time. Reducing waste and ensuring healthy and sustainable products are becoming hot topics in a bid to protect our planet and its inhabitants. Meeting these challenges will necessitate extensive changes to the traditional food supply chain. This will place buyers and suppliers under increasing pressure to cut down on waste to lower costs, improve return on investment, manage resource scarcity and reduce the environmental impact of operations.