))
Navigating Global Trade Strategies with Kristian Ording
Manage episode 451159955 series 3551996
Content provided by 3rdwave. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by 3rdwave or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
In this episode of Trade Talks, we sit down with Kristian Ording, a seasoned professional with a 17-year tenure at Newell Brands (Rubbermaid, Sharpie, Graco, Coleman, and more). Kristian shares his deep insights into global trade and compliance, procurement strategies, and freight logistics. They discuss the complexities of managing indirect and direct spend, negotiating payment terms, and leveraging technology in international trade. This conversation dives into key aspects of global market operations and offers valuable knowledge for both industry veterans and newcomers.
00:00 Intro
00:37 Meet Kristian: A Journey in Trade
04:08 Understanding Procure to Pay (P2P)
06:19 Challenges in P2P Implementation
13:15 Negotiation Strategies and Supplier Management
16:17 Working Capital Initiatives and ERP Systems
28:19 Exploring the Freight Side
32:12 Global Transportation and Logistics at Newell
35:29 Negotiation Strategies and Market Dynamics
37:29 Value Beyond Cost: Free Days and Payment Terms
41:44 Challenges in Freight Management
57:52 Conclusion
Tune into "Trade Talks by 3rdwave" and don't forget to like, comment, and subscribe for more insights into the world of global commerce.
Stay connected with us on LinkedIn and visit our website for more updates and resources:
LinkedIn: linkedin.com/company/3rdwave-blinco
Website: 3rdwave.co
9 episoade
Distribuie
