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I recently interviewed John Zapko at Lenovo, who talked to me about some of the issues Lenovo is facing globally around supplychaintalentmanagement. As we drive in this complex world, having that level of talent is really critical for us, and it is clearly the biggest challenge we have.
A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supplymanagement executives. Marketing and IT see this to some extent, but not like procurement.
I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. The earliest traces of this can be linked to materials management.
One of the most interesting panels from the Boston Procurement Leaders conference was focused on TalentManagement. We heard from a number of speakers on the subject of how the need for talent is shifting dramatically in the years ahead. We see people who have emotional intelligence and who can be an influencer.
master of ceremonies”) for the Procurement Leaders Forum in the heart of Boston at Sixty State Street. Joanna Martinez from Cushman and Wakefield, a large real estate and facilities management person, discussed the challenges of working with HR as a procurement person. Use procurement tools to demonstrate how you can help HR.
Bayer Crop Science – Internal Procurement Audit – Undergraduate Team: Hamilton Brewer, Emily Ciriano, Scott Gray. NACCO – ROI and TCO Options - MBA Team: Robert Elder, Chris Godfrey, Alex Stewart – Project Sponsor: Chris Cox, NACC. Advisor: Cecil Bozarth, NC State Faculty.
A CPO in the financial services industry also noted that a need to redefine procurement’s role in the enterprise is happening, driven by the recognition that a new type of procurement capability is needed: Prior to our transformation, the ONLY metric by which our performance was measured is how much money we saved for the organization.
A recent review by Peter Smith of my new book , “The Procurement Value Proposition”, co-authored with Gerard Chick, provides some solid support for the message Gerard and I were seeking to develop. We need to be up to the challenge of creating the “impossibly talented” procurement professionals of the future.
As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.
I had a chance to review the new book by Jim Hansen and Kelly Barner, “ Procurement at a Crossroads “, which explores the many changes that the profession is facing, and challenges individuals to do things differently. (I The authors also go through and explore a number of other procurement issues that are often debated.
We talked about how procurement needs to think about the five core “game changers” that are going on in the world, including the balance of power, technology, globalization, demographics, and sustainability. But you still have responsibility for the lower rungs of the ladder!
Readers can access our summary and highlights from the 2023 report , along with prior years of ASCM and other noted talent surveys by clicking on the search term: SupplyChainTalentManagement in our Categories Menu appearing on the right-hand panel.
I will be delivering a session on the Value of Procurement, as part of the noise we’re creating around the new book “ The Procurement Value Proposition “ As part of this promotion, I recently did an interview on what I plan on covering at this event. The interview is posted on the SCMR website.
Most recently, a failure in supplier communication and process compliance on the Horizon caused the worst environmental disaster in the Gulf, and BP’s procurement staff have spent enormous amounts of time and money to address these shortcomings. Descriptions.
The SupplyChain Matters blog announces the availability of our latest recorded podcast- What SupplyChain Leaders Should Anticipate in Leadership and Workforce Reskilling Needs in 2025. Our invited guest is Rodney Apple, the Founder and Managing Partner of SCM Talent Group.
Further included was manufacturing talent needs, and with consideration for moving outsourced production to domestic sourcing, the needs for retaining a highly skilled manufacturing talent in conjunction with factory automation. Management skills. Customer support and product as a service needs.
In this SupplyChain Matters posting we alert our many readers to the appearance of Bob Ferrari, our Founder and longtime supplychain technology industry analyst appearance in a recently published and very timely podcast.
It implies that transformation involves the ability of supplychain professionals to serve in roles that span multiple functions that include procurement, planning, operations and product management in functional or technology support dimensions. We applaud such cited strategies because they are long overdue.
The Ferrari Consulting and Research Group announces that our latest Research Advisory, 2023 Predictions for Industry and Global SupplyChains is now available for reading. In a prior five-part series of commentaries hosted on SupplyChain Matters , we have provided snapshots of five of our ten predictions for 2023.
The SupplyChain Matters blog announces the availability of the SupplyChain Matters Podcast Episode 17- Needs for More Diverse SupplyChainTalent from the Lens of Technology. There is a growing consensus that existing supplychain and talentmanagement processes and technology need a rethink.
This second advisory report addresses supplychain staffing skills and management across specific functional areas of: Product management and procurement. Management skills. Customer support and product as a service needs. Strategy, planning and decision making.
Much work remains across various dimensions of global supplychains, supplychainmanagement, procurement and product functions, and for supplychain technology development and technical support areas to strive for increased diversity, opportunities and gender equality.
We need to be up to the challenge of creating the “impossibly talented” procurement professionals of the future. Our organizations need people who are ready to take on the many challenges that exist in the supplychain environment we face today.
On this Labor Day holiday, the SupplyChain Matters blog extends our salute and recognition to the many supplychain workers who plan, procure, coordinate, and directly support the movement of multi-industry components and finished products to respective markets and to businesses and consumers.
Additionally, the creation of a website will allow for the processes to be more transparent to enable more efficient interactions with our global procurement colleagues. The team on this project will be interviewing contract management team members to document contracting processes.
That is likely to motivate supplychainmanagement and procurement teams to want to continue to route shipments from Asia to other U.S. West Coast labor agreement expired in July 2022, there has yet to be a firm timetable for agreement entering into 2023. ports to avoid the risk of a worker slowdowns or a work stoppage.
This is likely to include select areas of added business and supplychain digital transformation, but in more managed and focused scope. Procurement and supplymanagement leaders will be expected to provide both leadership for supply resiliency and added value, but also supply network cost reductions.
Relationship management, data modeling, problem solving, sourcing analysis, negotiation, data-driven decision-making, metrics development, forecasting, process flow, BOM understanding, MRP/production schedule, Pareto analysis, and information presentations are all key skills that he applies in his CPO role.
The SupplyChain Matters blog announces the publishing of our latest recorded podcast episode: What Should SupplyChain Leaders Expect in 2024. Our podcast conversation focuses on business C-Suite expectations of supplychain leaders in the coming year.
In this fourth SupplyChain Matters reader update, we highlight this week’s developments related to ongoing UAW labor strike involving the big three U.S. big three automakers with implications to their supply networks vs. prior strategies in targeting just one. auto companies.
Background In February of this year, numerous business and aerospace industry media reported on the milestone of the largest commercial aircraft order in the industry’s history.
The SupplyChain Matters blog calls reader attention to a recently published podcast featuring supplychain technology industry analyst Bob Ferrari speaking on a very timely topic.
In this SupplyChain Matters commercial aircraft industry specific commentary, we focus on Airbus’s reported Q2-2024 and first-half financial and operational performance.
In this update we want to alert our SupplyChain Matters global readership to our latest upcoming podcast episode. Multi-industry supplychain teams continue to focus on the final aspects of supporting and executing Q4 and 2023 business goals.
In this fifth SupplyChain Matters weekly reader update, we highlight the latest developments related to ongoing UAW labor strike involving the big three U.S. auto companies. automakers production facilities based on the union’s perception of whether weekly progress is being made in individual negotiations.
The International Brotherhood of Teamsters labor union announced yesterday that 86.3 percent of UPS union workers have now voted to ratify the newly negotiated five-year labor agreement. This announcement follows the announcement of a tentative agreement that was reached in late July.
The SupplyChain Matters blo g provides highlights of the ASCM 2023 Salary and Career Report released this week which depicts responses depicting high job satisfaction and compensation levels. In the area of increasing Diversity, Equity and Inclusion, the responses indicate some narrowing of gaps but added efforts needed.
Continuing my reporting of the Procurement Leaders meeting in Miami, I sat in on a very interesting session that included three professionals from very different walks of life: Captain Harry Thetford – Defense Logistics Agency. And being there upfront from a logistics and procurement perspective becomes key.
Tania Seary , Founder and CEO of Procurious, has built a social media community platform for procurement and supplychain professionals. If you see a woman trying to speak up in a meeting but being ignored, say something about it and make sure that woman is provided the opportunity to share her thoughts. ”.
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog provides an overview of our 2024 annual prediction themes for industry and global supplychains.
Technologists utilize the term “narrow AI” to depict artificial intelligence and machine learning technology that is currently being successfully deployed among specific supplychain business process and decision-making areas.
Supplier driven innovation was also a major theme at the Procurement Leaders meeting in Miami this spring. This will require re-designing the processes used to manage these sales-procurement relationships. I had an opportunity to sit through some wonderful presentations at CSCMP in Atlanta this year.
In this third SupplyChain Matters reader update, we highlight the ongoing supplychain and manufacturing implications of the labor strike involving the three U.S. big three automakers with implications to their supply networks vs. prior strategies in targeting just one. unionized auto companies.
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