Joshua Gao's Blog @joshuagao - Tumblr Blog

Elevating Quality Standards with Customer Feedback and Continuous Improvement

Quality standards at Jon Renau are established by our dedicated quality assurance team, which works closely with our product development and manufacturers to ensure that our products meet or exceed all required specifications. And these standards need to constantly reviewed and updated based on industry trends, technological advancements, and, most importantly, customer feedback. Our commitment…

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#Logistics #Supply Chain

Continue to Evolve Your Vendor Code of Conduct

After you publish your Vendor Code of Conduct, is your work done as the operation leader? Is ethical sourcing is just words, or actions? At Jon Renau, we are continuing evolving our vendor code of conduct to respond to the evolving industry trends, because we found strengthening our vendor code of conduct is the most proactive approach that not only benefits our team but also contributes to the…

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#China #EthicaSourcing #supplychain

Create an Effective Partnership With Your Shared Service Vendors

Create an Effective Partnership with Your Shared Service Vendors

Creating an effective partnership with your shared service partners requires a clear contractual foundation and ongoing vendor management effort. In this article, I plan to summarize many different models of contractual structures that I had experienced in the past, despite some of these models did not exist 10+ or even 5 years ago. Because these different models were essentially created to…

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#shared service #Supply Chain

Borrow More or Spend Less

What if the #debtceiling debates happen in the boardroom of a private business? Shall a company cut expense or borrow more? #business #opex #capex

I hope you noticed the debates related to #debtceilingcrisis going on :-), in essence, shall our government raise the #debtceiling , i.e borrow more, or shall the government agree to reduce its expenses or increase tax income (rate); or the government actually need to do both, therefore reducing expense at the same time raise debt ceiling…. After I read all the recent news headlines, I cannot…

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#Internet #Logistics #Supply Chain

Contract Manufacturing Models and Near Shoring

Contract Manufacturing Models and #NearShoring A thread ⬇️

Every time when there is a hiccup in the global supply chain, there will be voices in the US pushing from offshoring to near shoring. If you have read my blog “Made in USA”, which was written in 2013, it is almost about 10 years ago now. I remember that crisis was resolved and the tide died down, I would say the voice went away for a long while, and actually to the opposite, there was continuous…

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Lead Procurement Through Volatile Economy

https://www.slideshare.net/secret/bngxkXrDQejid6

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#Supply Chain

Manage Business Process Outsourcing (BPO) with A/I

I looked it up of how to manage Business Process Outsourcing with ChatGPT, here is the answer that I have received: As the trend toward business process outsourcing (BPO) grows, companies are faced with a new learning curve. They need to understand the elements of establishing a successful BPO relationship, beginning with the proper contract vehicle, which can play a critical role in fostering…

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Big Tech Lay-off and Procurement Focus in 2023

I am sure you noticed there are two big news hit the headlines after 2023 started: Big tech companies are laying off thousands of workers Artificial intelligence (A/I) is finally caught the eyes of media outlets, ChatGPT got millions of hits overnight And people are connecting the dots and started saying, gosh, those jobs were eliminated now and would never come back, because they will be…

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#Internet #Supply Chain

Goodbye, Petco

Today is my last day with Petco after 4.5 years, so it sets another milestone of my career. It closed a window, hope it opens another door. I still remember the first day in 2018 when I came to Petco and received warm welcome from procurement and shared service team. Time flies by so fast… In the next 2 years, I launched and led the Cost Transformation Office, not just looking at every corner…

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#Logistics #Supply Chain

Farewell, Crotonville

GE Crotonville facility got shut down as a part of 3 way split and transformation of GE, that is where lots of GE leaders spent weeks of their time immersing themself into GE leadership training, just like myself. Every part of those trainings is still freshly vivid to me, in spite that all of them are close to 15 to 20 years ago. Obviously this is a part of cost saving measure, while GE no…

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How Procurement Leaders Cope with Inflation

The responsibilities of procurement have been continuously evolving in recent years, at the year of 2022, much more exceeded the traditional procurement activities, such as sourcing goods and services to allow business to operate in a profitable way. Recent disruption of services and supplies across globe, regardless caused by Covid or what not, or worldwide inflations when global governments…

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#Supply Chain

Querétaro, Mexico

Queretaro, Mexico

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Cost Savings Vs Cost Reduction

Lots of people will confuse about the concept of cost savings versus cost reduction, so every time when procurement leaders talk about cost savings, they are concerned about service quality will suffer.

In case of cost reduction, the primary objective is to cut back on expenses by reducing the scope or the frequency of the services without considering if it may have a negative impact on the end…

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Business Cards, It is Time to Move On!

Even as today’s technology goes, most of business meetings still start with a business card exchange process, followed by a handshake and introduction and then the business meeting will go on.

In the past 8 years, I have been working at DJO Global, one of the world’s leading orthopedics companies and managing a global procurement team for direct and indirect materials. Every time when I finished…

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