20-11-2024
Navigating Global Trade Strategies with Kristian Ording
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 Intro00:37 Meet Kristian: A Journey in Trade04:08 Understanding Procure to Pay (P2P)06:19 Challenges in P2P Implementation13:15 Negotiation Strategies and Supplier Management16:17 Working Capital Initiatives and ERP Systems28:19 Exploring the Freight Side32:12 Global Transportation and Logistics at Newell35:29 Negotiation Strategies and Market Dynamics37:29 Value Beyond Cost: Free Days and Payment Terms41:44 Challenges in Freight Management57:52 ConclusionTune 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-blincoWebsite: 3rdwave.co