Boston Procurement Leaders part 3: Talent Management Challenges

Supply Chain View from the Field

One of the most interesting panels from the Boston Procurement Leaders conference was focused on Talent Management. We heard from a number of speakers on the subject of how the need for talent is shifting dramatically in the years ahead. He shared with us what is happening in the procurement talent space: “What I was hiring for 10 years ago is very different for what I am hiring for now. The Vendor Management team are starting to sound like banking regulators.

Interview: Get ready for Supply Chain Outlook conference!

Supply Chain View from the Field

The Supply Chain Management Review, one of the leading practitioner journals in the field of supply chain, is hosting their first ever conference in November at the Rosemount Hilton at O’Hare Airport in Chicago. MBA Supply Chain MBA Supply Chain Programs Strategic Sourcing Supplier Relationship Management Supply Chain Management Supply chain Relationships Supply Chain Students Supply Chain Talent Management

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Insights from Ryder Innovate 2014

Talking Logistics

Jason Mathers, Senior Manager, Environmental Defense Fund. Source: “Sustainability and Green Initiatives in Transportation & Logistics,” Jason Mathers, EDF, Ryder Innovate 2014. Managing Carrier Capacity in an Improving Economy. Talent Management as the Core of a Supply Chain Strategy. But this demand for talent greatly exceeds supply. Suppliers (supplier management and supplier quality issues).

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

In thinking about the show and its construct I thought about the incredible amount of risk that the performers and producers are managing. These world class performers have astonishing talent but they are also working in an environment designed to eliminate risk and maximize safety. Supply Chain Professionals, although not usually theatrical, also work in an environment in which they are managing a tremendous amount of risk. Supply Chain Risk Management.

6 Signs the Future of Work is Here!

Supply Chain Game Changer

How companies reshape the way they engage digital talent will have a huge impact on their ability to innovate. The best talent is not always located where you are. Making it possible for team members to work remotely is the only way to liberate talent across the company. This is also the only way to source critical skill gaps that are not available inside the company, like AI/ML engineers. Innovation requires a diverse mix of talent. Subscribe Here!

Sourcing Analytics Combined with Relationship Management is Key for Automotive Suppliers

Supply Chain View from the Field

Unemployment rates are less than 2%, so talent management is important for companies seeing the growth of industry in Mexico. One of the biggest challenges is the need to manage engineering changes. In fact, automotive OEM customers only allow design changes once a year, which means that any changes in supplier source, specification, tooling, or any other element of process or design production has to be accumulated and implemented all at one time!

“Procurement at a Crossroads”: Spot On and Makes You Think

NC State SCRC

They delineate the groups of procurement talent as traditional buyers, Generation Net, and second career professionals. Book Reviews Strategic Sourcing Supplier Relationship Management Supply Chain Management Supply chain Relationships Supply Chain Talent Management Supply Market Intelligence

Future of Procurement Study Available

Supply Chain View from the Field

The earliest traces of this can be linked to materials management. The purchasing function was such a major contributor to the performance of the organization that the chief purchasing manager had top managerial status. [ii]. Although procurement has certainly evolved from its early roots, it still faces challenges in terms of executive recognition, talent management, and organizational challenges.

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A Call to Action: Make Supply Chain Management a Magnet for Millennials

TMC

A Call to Action: Make Supply Chain Management a Magnet for Millennials. In last week’s blog post I highlighted how there needs to be a cross-functional approach to attracting talented professionals to the company – especially supply chain management, which is facing a talent shortage crisis. How can supply chain management become a profession of choice for these individuals? million qualified individuals if it is to keep pace with the demand for talent.

Interview on Buyer’s Meeting Point BlogTalk Radio: Creating Procurement Value is a Lot of Work!

NC State SCRC

The issue around managing people was a strong theme – as was the need to think about adopting analytics into the core abilities that help build a business case that allows people to influence and drive change within their stakeholder community. Emerging Issues in Supply Chain Organizing for Supply Chain Strategic Sourcing Supplier Relationship Management Supply Chain Talent Supply Chain Talent Management

MBA Supply Management Class Prepares Exciting New Set of Projects for Fall 2016

NC State SCRC

Benchmarking Supply Management salaries : Understand what the ‘going rate’ is for key roles in Supply Management, so it can better develop its ‘employee value proposition’ to more effectively attract, develop and retain key staff. total annual cash compensation) for key roles like Category Manager, Director, and Senior Director of Supply Management. The team on this project will be interviewing contract management team members to document contracting processes.

Insights From Procurement Leaders Conference Part 1 – Making HR Your Friend!

Supply Chain View from the Field

There were hundreds of brilliant individuals in the room and in the space of two minutes, I had run into two fellow Wolfpackers: the Chief Procurement Officer of DeutscheBank, Ken Litton (an NC State engineer) as well as one of my former NC State research assistants, Chandra Kujinthapam, who now works as a supply manager at RJ Reynolds. Today’s knowledge forum focused on Talent Management and featured one speaker who really inspired me.

Five Predictions (About Prediction) that Every Procurement Professional Should Consider

Supply Chain View from the Field

Most spend management looks at historical spending – which is interesting, but doesn’t tell you where the puck is going! Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force. As we’ve noted in prior posts, talent is the key to procurement organizations.

SCM is smoking hot!….Why students should consider NC State for a supply chain major.

NC State SCRC

An article published in the Wall Street Journal identifies what I have been saying for years now… Supply chain talent is a hot commodity! But organizations also need to work on investing in a talent management strategy, beginning by partnering with targeted universities to help shape and develop the people that they need to fulfill these roles. We need to be up to the challenge of creating the “impossibly talented” procurement professionals of the future.

SCM 40

Winning Student Posters Focus on Visibility, Total Cost of Ownership, and Procurement Processes

Supply Chain View from the Field

Strategic Sourcing Manager – Tires, Wheels, and Mounting Systems. John Deere World Headquarters – Enterprise Supply Management. Inventory Management MBA Supply Chain Strategic Cost Management Supply Chain Risk Supply Chain Students Supply Chain Talent Supply Chain Talent Management Undergraduate Supply Chain Market Intelligence Supply Chain Supply Chain Disruptions

What Do We Do Now?

Supply Chain Shaman

Supply chain talent is a growing gap for leaders. The biggest issues are in mid-management roles. There is currently a 9:1 demand to supply ratio for supply chain graduates, and the skill level of new hires cannot stretch to fill the missing mid-management gaps. However, I am surprised that most companies do not see the gap in supply chain talent as a critical need to fill. When it comes to talent management, it is a “single threaded needle.”

ThroughPut Inc. Appoints World-Renowned Just-in-Time, Lean & Kaizen Expert Mr. Takao Sakai to Executive Advisory Board

ThroughPut

may finally help engineering managers everywhere do what Toyota Product Development (TPD) and Toyota Production System (TPS) achieved decades ago. This platform can be Kaizen-for-the-people, helping everyday workers, factory line managers, process engineers, data analysts, financial officers and company executives run smoother, less stressful, zero-waste operations.” SOURCE ThroughPut Inc. NEWS PROVIDED BY ThroughPut Inc. Dec 03, 2018, 18:00 ET.

Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. About Us.

SCM 26

Challenges of global fast fashion supply chains (Part IV)

Supply Chain Movement

Talent development. In this series on global fashion retail we have discussed about network design and inventory location in Chapter 1, stores replenishment in Chapter 2 and sourcing and manufacturing lead times in Chapter 3. In this final chapter of the series, we want to discuss about talent management, as it is a major current concern for global supply chains. In any case, talent is not an easy topic in the global fashion industry. 4) Talent development.

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Supply Chain Talent: Our Take on Deloitte’s Survey Report (part 1)

Demand Solutions

“In times of change, when experimentation tends to be rampant and results are still far from conclusive, one source of guidance can be to look at the companies who are succeeding, and discover what they are doing differently.”. It’s an excerpt from “Supply Chain Talent of the Future,” Deloitte’s report on their third annual supply chain survey. But what I found compelling was how Deloitte identified the leaders in supply chain management.

Survey 141

Supply Chain Talent: Our Take on Deloitte’s Survey Report (part 1)

Demand Solutions

“In times of change, when experimentation tends to be rampant and results are still far from conclusive, one source of guidance can be to look at the companies who are succeeding, and discover what they are doing differently.” It’s an excerpt from “Supply Chain Talent of the Future,” Deloitte’s report on their third annual supply chain survey. But what I found compelling was how Deloitte identified the leaders in supply chain management.

Survey 100

Seasoned Leadership in Action™ – An Interview with Sheri Hinish, The Supply Chain Queen®!

Supply Chain Game Changer

I’ve made a career rethinking supply chain strategy, sales and operations planning, and talent management helping executives and their teams reimagine their approach to supply chain management by: 1) leveraging new ways of thinking about supply chain and sustainability in the world we share. When I started my career, I believed that for businesses to be successful, they had to master supply chain management. Subscribe Here! Email Address.

Digital supply chains, AI, Blockchain and the future of work – Insights from the Gartner supply chain executive conference

Kinaxis

Amidst wide ranging predictions about what machines will do to human jobs, Dr. Lynda Gratton of London School of Business made an interesting observation in her keynote speech on talent management. Supply chain management is after all a people’s business. Atul concluded his presentation noting that 70% of supply chain transformation efforts fail due to change management and data quality issues, and advised the attendees to address these to ensure success.

Creating an analytics organization for supply chain

Supply Chain View from the Field

analytics group noted that a lot of what they had done was in constraint management and inventory and demand. Don’t just limit yourself to one or two data sources, but drive creating thinking. In the supply chain area, we are certainly seeing a strong need for analytics in areas like collaborative forecasting, inventory management, production planning, and logistics network design. Supply chain analytics Supply Chain Management Supply Chain Talent

Preparing for Our Future: Recruiting Millennials to Supply Chain Management

CH Robinson Transportfolio

Recruiting Millennials to Supply Chain Management | Transportfolio. In last week’s blog post , I highlighted the need for a cross-functional approach to attracting talented professionals to the company—especially supply chain management, which is facing a talent shortage crisis. How can supply chain management become a profession of choice for these individuals? Keeping pace with the demand for talent. Let’s make supply chain management appealing.

Addressing UN Sustainable Development Goal 8: Helping Automotive Businesses Tackle Modern Slavery

EcoVadis

Across the industry, automotive manufacturers have implemented a standard set of tools in CSR management systems to reduce the risk of human rights violations, and consequently increase the value added to human capital, within operations and across the supply chain. The deployment of performance and talent management is key to enriching the human capital value of the blue or white-collar employees of the industry.

5 Procurement Focus Areas for States in 2020

ivalua

Modernization : Whether large or small, all states are dealing with the mounting technical debt that comes from managing decades old systems that don’t enable strategic initiatives or the sharing of data, provide a poor user experience, and are prone to security vulnerabilities. These legacy systems include many different processes, including sourcing, procurement, and payment systems used by the states. If you don’t have a master data management strategy, now is the time.

Scheduling 'Order Release Process' Intelligently - Infosys Blogs

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. About Us.

Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

However, sourcing managers with a narrow focus on delivery are missing out one of the greatest advantages of forging collaborative supplier partnerships: an opportunity to drive synergies that are otherwise perceived as impossible within the confines of the business. As a sourcing manager, you may need to go outside your comfort zone to think about new, innovative ways to collaborate for achieving sustainability because Collaboration comes in more than one flavor!

2013 Third-Party Logistics Study

Supply Chain Movement

3PLs and shippers each see themselves as the largest sources of innovation within their relationships. Shippers and 3PLs largely agree on the top requirements for innovation, including trusting relationships, talent/right people, and operational excellence. Shippers report adverse weather as the biggest source of supply chain disruption, followed by extreme volatility in commodity, labor, or energy prices/supply.

Supply Chain Management:Gamification - An EAM perspective

Infosys Supply Chain Management

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Supply Chain Management:Why not WMS App? - Infosys Blogs

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. About Us.

Supply Chain Management:Maintenance Practice- A standard to be.

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. About Us.

Supply Chain Management:E-retailers exploring same day delivery

Infosys Supply Chain Management

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Supply Chain Management:Managing After-Sales Service by.

Infosys Supply Chain Management

Management Consulting. Application Management. Infrastructure Management. Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management. TradeEdge – Demand Chain Management. Wealth Management. About Us.