177. Managing global sourcing risk

Guest Name: José Manuel Velarde, Senior Manager, Procurement at Huntsman Corporation, Language: English, Publication date: June, 08. 2022 Jose Manuel Velarde is an experienced supply chain professional with over twenty years of experience whose passion is to develop the next generation of supply chain leaders.  His professional experience comes from leading and supporting global supply chain projects, CAPEX projects, and organizational supply chain transformations in the US and other twenty-one countries with global companies like Huntsman Corporation, KBR, Centrica, FMC Corporation, and CEMEX. At Huntsman Corporation, Jose is co-leading the procurement transformation for the Americas region, including the implementation of category management across all countries in the region and the development of Huntsman’s Procurement University.  Jose is a very active member in the local supply chain associations in Houston, serving various years in the local board of directors of the Association for Supply Chain Management, and participating with other local professional and non-profit associations. Jose is currently an adjunct professor of supply chain at the University of Houston and at North American University where he teaches courses in global supply chain, operations, distribution channels, procurement, capstone projects, and business. He is a Certified Professional in Supply Management (CPSM), a Certified Professional in Supplier Diversity (CPSD), a Certified Supply Chain Professional (CSCP), and is Certified in Production and Inventory Management (CPIM). Here are some of the highlights from the podcast: Global sourcing is becoming more and more relevant in today's globalization environment. It represents an enormous opportunity but also a situation that may create significant risks. The question now is how to assess the risks and how to mitigate them. What’s your view on this? What are top risk management priorities in global sourcing? Are there any tools dealing with supply chain risks including sourcing risks helping companies with improving their decision-making process based on data analytics? What can be the key measures to keep up with the latest trends in global sourcing? Check out our other podcasts DIRECTORY here. You can connect with Jose over on Linkedin.