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Tim Cook has been instrumental in overseeing the company’s global supplychain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success. Attend workshops, seminars, and conferences related to procurement and supplychainmanagement.
The techniques devised in strategic sourcing and category management strategies to choose suppliers and build strategic partnerships are due for an overhaul. Today’s uncertain and volatile markets make agility and change inevitable as well as essential. appeared first on SupplyChain Game Changer™.
Yet challenges like the COVID-19 pandemic, global supplychain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. Reduced Sourcing A turbulent market, supplychain disruptions, and rapid inflation have all created challenging times for procurement professionals.
Organizations are now expected to not only manage cost but also to ensure supplychain resilience, mitigate risks, and contribute to strategic objectives. Technology usage: Walmart uses a proprietary Retail Link system that helps in managing its supplychain by tracking sales and inventory levels in real time.
I joined KPMG in their supplychain practice and spend the next 16 years on consulting assignments in a smaller firm. In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. Our organisation has adopted agile ways of working.
So, the term ‘spend orchestration’ that some like to use is really just upgraded spend management. It is even reminiscent of the earlier days of Ariba with ‘Enterprise Spend Management’ (albeit focused heavily on savings and indirect spend) and then Coupa as it began to set the standard for S2P suites with ‘Business Spend Management.’
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