Supply Chain Matters

OCTOBER 21, 2023

GM executives further indicated a desire to finish the negotiations. From our lens, that latter statement adds further clarity to the labor union’s broader goals in these negotiations. Cascading Effects As expected , the cascading effects across the industry’s various production and supply networks continue with each passing day.

Negotiating Skills 52

Negotiating Skills Buyer Training Supply and Demand Report 52

Supply Chain Matters

SEPTEMBER 29, 2023

In parallel, workers across Ford Motor’s Canadian production facilities avoided a strike action after a tentative three year labor contract agreement was reached after extended hours of negotiation. The notions of win-lose vs. win-win in contract negotiations is real for all parties, and for the industry itself. Stay tuned.

Negotiating Skills 64

Negotiating Skills Expense Reduction Inventory Reduction Cost Reduction Strategies 64

Supply Chain View from the Field

AUGUST 22, 2013

For example, several procurement executives noted that they had difficult getting internal stakeholders to see purchasing as anything other than a “cost-cutter” or “hardball negotiator”. Both marketing and procurement talent pools can learn skills from one another as they develop applications in each of their respective areas.

Procurement Analytics 68

Procurement Analytics Negotiating Skills Procurement Purchasing Skills 68

Talking Logistics

JUNE 6, 2018

The Talent Ecosystem. It used to be the norm for companies to hire young people out of college or technical schools, train them, and then nurture them over long careers with the company. That scenario is much less common today, especially with the high competition for talent. Which “power skills” are most important for success?

Talent Management 112

Talent Management Logistics Network Optimization Software Resource Reduction Logistics 112

Supply Chain Matters

MARCH 8, 2022

And business leaders, I likewise implore you to review your organization’s HR practices – from hiring to programs designed to train and retain the most richly diverse workforce possible. After all, diversity in the workplace isn’t just the right thing to do, it is the smart thing.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 52

NC State SCRC

OCTOBER 12, 2016

Stuart discussed the need for a supply chain Swiss Army knife skill set. On any given day, he has to pull one of many tools and skills to deal with the problem du jour. “We would never move that material!”. In short, he has to be able to “figure stuff out” using whatever tools he has in his Swiss Army knife.

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

Supply Chain View from the Field

OCTOBER 4, 2015

Talent should be part of building a procurement transformation, and not an after-thought. Some of the research we’ve done has identified predictive models that consider the future requirements and skill sets in different areas of supply management.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

NC State SCRC

MARCH 17, 2017

We have to be clear on what skills we expect our people to bring to the table, and if you are hiring the right people we will have greater confidence. But this also means we need to coach, mentor, and train people along the way, so they feel equipped.”

Procurement 40

Procurement Buyer Training Miami Agile and Lean Supply Chain 40

NC State SCRC

DECEMBER 22, 2017

One of the key lessons I took away from this experience was the importance of training machines, and understanding not only the potential of cognitive learning, but also the limitations of computers in completing tasks that are performed by humans (which I wrote about in another blog earlier this year on Big Blue beating Gary Kasparov in chess ).

Predictive Analytics Software 72

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 72