Forsyth Advisors - strategic sourcing & procurement

The rising costs of corrugated packaging are a direct result of supply chain constraints, increased demand from e-commerce, and higher freight and labor expenses. Companies must proactively manage these factors by optimizing packaging design and exploring alternative materials to protect their margins and stay competitive. Patrick Tipton #ecommerce #packaging #distribution

Did you catch John A. Shanahan's nutraceutical panel with Ryan Slamon Jacob Fishback and Cale Gardenhire late last month? John sat down to discuss raw material trends and the impact on companies from perspectives of the supplier, CDMO, and the brand. Access on-demand now: https://lnkd.in/g55ZkUgy

Ever wondered how a ship stuck halfway across the world could hike up the price of your burger? Learn the surprising ways this maritime mishap is connected to the cost of your favorite fast food meal: https://lnkd.in/gPYp-G4u Ivan Nunez #riskmanagement #supplychain #disruption

Yesterday we had the opportunity to host a lunch and learn session with a respected industry leader and educator Jason Miller. His insights not only enriched our team's knowledge but also affirmed that we're on the right path in our work. We're grateful for the chance to learn from the best and already looking forward to the next session!

When a massive container ship blocked the Suez Canal in 2021, it didn’t just create a traffic jam—it set off a chain reaction that reached your dinner plate. Find out how a global trade disruption impacts your everyday costs, from groceries to beyond. #riskmanagement #supplychain #consulting #disruptio

What does this mean for your supply chain and company? It’s crucial to collaborate closely with your suppliers and manufacturers to enhance warranties and product quality, ensuring consumers receive the items they bought. Changes in return policies like this affect more than just revenue; they also impact inventory management, sustainability (due to increased waste), and fraud, among other factors. Forsyth Advisors - strategic sourcing & procurement https://lnkd.in/gR46bPWv

Launch your career and make a difference at a fast growing company! We're #hiring a new Strategic Sourcing Consultant/Analyst to our Fall Analysts Program in St Louis, Missouri. The program includes thorough management development training and mentorship from every level of Forsyth Advisors. We want you if you're competitive, and eager to learn. Apply today, or share this someone looking for an accelerated career path in supply chain management and finance!

We are thrilled to announce the promotion of John A. Shanahan to the position of Vice President!   John has been an invaluable part of our team and has demonstrated exceptional growth and leadership. This promotion is a well-deserved recognition of his hard work and achievements.   Please join us in congratulating John on his new position! We look forward to celebrating this achievement and continuing to work together to reach new heights. Follow the link to see John's profile: https://lnkd.in/gTaNmmY5

A strike began this past Tuesday, August 13th at BHP’s Escondida, Chile’s largest copper mine. This is not the first time and likely will not be the last. Federico Bonora Kyle Pratt

Reading this headline, you might immediately think $$$ — but that's not always the case. Refocusing on initiatives like sustainability offers a valuable opportunity to review and improve your overall supply chain practices. For instance, Carhartt can actually achieve cost savings while enhancing sustainability by sourcing cotton from the right regions, securing contracts, and collaborating on pricing strategies to reduce expenses. Most companies, particularly in the consumer products sector, will face increasing social and legal pressure related to sustainability and ESG. This makes cost management even more critical than it is today. Therefore, it’s essential to multitask effectively, balancing cost reductions with improvements in other areas of your business. Forsyth Advisors - strategic sourcing & procurement https://lnkd.in/gxUA3kXG