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However, it’s only early February 2024, and we already have several major disruptions impacting supplychains. This is an important time for the supplychain profession. Supplychains are in the news, on governments’ agendas, and in the spotlight. For more information on the research, click here.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global SupplyChains. Labor activism in the form of labor contract negotiations among U.S.
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.
Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supplychain variables. . View Webinar Replay.
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.
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 July 2024 Gartner survey also found that 72% of procurement leaders are focusing on incorporating generative AI, anticipating a shift towards strategic decision-making and innovation. Procurement leaders recognize the imperative in front of them, but what does it mean for the future skills profile of the profession? efficiency gap.
The connection between RPA and supplychain functions may not be clear until you realize just how much paperwork is involved in supplychain transactions. Brian Belcher, Co-founder and Chief Operating Officer of Vector, asks, “When will supplychains finally move on from paper?”[1] 1] Good question.
My point here is that we’re now entering what many are calling the ‘new normal’, where a new pattern of life is established based around the need to manage and mitigate the COVID-19 pandemic. This presents challenges for procurement leaders. Just as the world is having to change, Procurement will need to change too.
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.
The SupplyChain Matters aler our readers to an upcoming Linked-In Live futurist discussion event featuring our founder, Bob Ferrari. This insightful event is titled, “ SupplyChain 2025: What to Expect (and What Not to) in a Volatile World.” Keith Moore is the CEO of AutoScheduler.AI All rights reserved.
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. All rights reserved.
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.
Subscribe to SupplyChain Game Changer. 6 Reasons SupplyChain Employees Look For New Jobs! Research has shown time and time again strong employee engagement is vital to the success of any organization, especially within the supplychain discipline. Subscribe Here! Email Address. GET our EBOOK HERE.
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. A supplychain cannot function in isolation. All rights reserved.
master of ceremonies”) for the Procurement Leaders Forum in the heart of Boston at Sixty State Street. Today’s knowledge forum focused on TalentManagement and featured one speaker who really inspired me. Take a supplychain view of the recruitment process. I am on the road this week, acting as Chair (e.g.
The Ferrari Consulting and Research Group , through its affiliated SupplyChain Matters blog, announces the release of a second published research advisory in an overall three-part series: The Importance of SupplyChain and Human Resources Strategy Alignment for Addressing Talent Recruitment and Retention Needs- Part Two.
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. Talent and skills retention have indeed taken center stage.
Protect Your Bottom Line With a Smart SupplyChain Design Strategy. The Data Needed to Transform SupplyChains. TalentManagement in Logistics: Why It’s More Important than Ever. SupplyChain Visibility: Past, Present, and Future. SupplyChain Visibility: Past, Present, and Future.
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.
Supplychain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supplychain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address. Making The Right Choices.
In addition to manufacturing or production, ERP then expanded to include finance, accounting, order management, supplychainmanagement, payroll, and HR. PeopleSoft itself had recently acquired JD Edwards, a mid-market ERP provider specializing in manufacturing and supplychain solutions.
The SupplyChainManagement Review, one of the leading practitioner journals in the field of supplychain, is hosting their first ever conference in November at the Rosemount Hilton at O’Hare Airport in Chicago. It’s the golden age of procurement – so take advantage of the opportunities!
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.
The Ferrari Consulting and Research Group highlights the release of a second published research advisory on the Importance of supplychain and HR alignment for talent lifecycle needs. Talent recruitment challenges already existed in many industry areas prior to the global pandemic and have since grown more concerning.
Subscribe to SupplyChain Game Changer. As we come to the end of our 3rd year here at SupplyChain Game Changer it is time to publish our semi-annual 2019 Top 10 List. We thank you for your ongoing support and ask you to continue to spread the word about SupplyChain Game Changer. Our 2019 Top 10 List!
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 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.
An article published in the Wall Street Journal identifies what I have been saying for years now… Supplychaintalent is a hot commodity! Many of the skills that we’ve identified in prior posts on this site have discussed the key skills and knowledge that recruiters are looking for in supplychain students.
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. Among the topics discussed are: What’s driving the supplychain planning talent shortage?
Thesis Ideas for SupplyChain Students! SupplyChain Does the behind-the-scenes process of grocery shopping intrigue you? If so, it may be a good idea for you to become a supplychainmanager. Originally written for SupplyChain Game Changer and published on January 27, 2023.
The SCRC’s SupplyManagement Maturity Index was highlighted in a recent Wall Street Journal article , that identified the companies best prepared to weather the storm ahead in terms of supplychain disruptions. As one manager noted, “Supply market intelligence may be the only competitive advantage of the future!”.
Logistics complexity – in the form of fragmented channels, increased product variations, and consumer demand for customized solutions – has been increasing, according to a global study published recently by BVL International, a worldwide supplychain and logistics membership organization. on August 12, 2013. 3. Cost pressure.
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. All rights reserved.
The SupplyChain Matters blog provides highlights of the ASCM SupplyChain Professional 2024 Salaries and Careers Global Report released this week. based supplychain professionals reportedly has reached a major milestone, hitting a record-breaking $103,000, which reflects the 50th percentile.
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supplychains research advisory. Background.
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