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The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” This reminded me of a prior post I wrote about the subject and I wondered if Pierre was writing about me. If so, in my (imperfect?)
The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” The post This is NOT Thought Leadership, it’s Practical Talk About Supplier Value Management appeared first on Directworks.
In summary, after almost 15 years of leading major transformation projects and teams internationally for three multinational companies, I got to experience procurement in its early days, when purchasing was a standalone island fighting to earn its place at the leadership table.
Anecdotally, this is a bit lower in Canada, except for particular functions with very strong starting compensation like DemandPlanning. The top 5 leadership skills, or soft skills, were, in order: Communication, Collaboration, Critical Thinking, Big Picture Future Planning, and Problem Solving. Soft skills on the rise.
Andrew’s career started in supply chain and M&A roles in Unipart Group, before moving to Royal Mail where he was part of the procurement leadership team that transformed the function, achieving CIPS Gold accreditation in the process. Also key was demandplanning, matching our purchasingplans with the ever-changing demand situation.
Andrew’s career started in supply chain and M&A roles in Unipart Group, before moving to Royal Mail where he was part of the procurement leadership team that transformed the function, achieving CIPS Gold accreditation in the process. Also key was demandplanning, matching our purchasingplans with the ever-changing demand situation.
Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path. Simultaneously, honing presentation skills is crucial for leadership.
Additionally I enlisted leadership support from each customer team and from each manufacturing location. The global Inventory management business processes that we focussed on made phenomenal improvements: Supply/DemandPlanning. Buyers historically purchased materials in a very indistinguishable manner.
Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our DemandPlanning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.
READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO! Specializing in industrial engineering, lean manufacturing, and B2B sourcing, they work with businesses of all sizes, offering expertise in supply chain processes, continuous improvement, and leadership.
Configured a highly structured and efficient reverse logistics program to supplement demand inventory and reduce sourcing costs. ModusLink immediately tackled the forecasting and demand challenges. by implementing its proven demandplanning methodology. Learn more at [link].
These analytics can also help identify known risks and predict future risks by spotting patterns and trends throughout the supply chain, increasing planning accuracy, and better predicting future demand. What are some examples of Supply Chain Analytics?
Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. SCM #SupplyChain #Logistics #Distribution #HumanResources #Hunger #FoodWaste #Leadership. Food is wasted at every stage of the Supply Chain, as shown in the following table. All Rights Reserved.
However, the retailer’s supply chain executives struggled to gain acceptance for the idea from their leadership because it resulted in the retailer carrying a far larger fraction of the logistics cost. Leadership #SupplyChain #Business #SCM #Procurement #Purchasing. Invest in the Right Infrastructure and People.
Here are some of the most common data quality issues procurement and purchasing teams face. This can lead to problems with cost benchmarking, demand forecasting, and more. Geographic Segmentation Geographic segmentation is about analyzing how purchase prices vary across plant locations and geographic areas.
By sharing real-time sales data and demand information, CPFR enables accurate forecasting and demandplanning, minimizing information distortion, and promoting synchronized inventory replenishment. For Walmart, agility has been a critical factor in maintaining its leadership position in the retail industry.
Expertise: Process improvement, support for procurement capabilities, purchasing management, Procurement Management Consulting, Procurement Strategy, and Procurement Conference Speaker James Meads is an independent consultant and advisor that focuses on working with mid-market companies and startups in the procurement technology space.
Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.
This operating model included order to cash, make to demand, purchase to pay, finance and planning processes. I was planning consultant implementing demandplanning, supply planning and production planning across 10 Sara Lee business units.
Dr. Muddassir Ahmed's background – From corporate to SCM thought leadership. If I have to use a separate platform to do RFQ procurement and standard spend analytics, then use my ERP to create my purchase orders and track my shipments, then somebody else has got to give me visibility. He then moved to the UK for a PhD scholarship.
For leadership teams navigating an uncertain economy, this is the time to bring discipline and automation to core operational data. If shipping times get worse, tariffs go higher, demand softens or whipsaws, and the margin for error shrinks fast. A WMS is only as good as the data you feed it.
These include bulk-break purchasing, facilitating connections with reliable clients, and renegotiating with existing suppliers to reduce procurement costs. Supply Chain Planning as a Service has emerged as a game-changer, enabling companies to efficiently outsource non-core activities. Why outsource DemandPlanning?
Procurement – the effective purchasing of raw materials, back-office goods and professional services – as well as Logistics – the orchestration of the movement of those goods – might not seem to be as important as sales, marketing, R&D or finance at first blush. The best in the business can get you all three.
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