Procurement is buffeted by the headwinds of market disruption: tariffs, cyberattacks and a tight labor market, says Marisa Brown, APQC. “Two winds of change have combined to create a perfect storm around the procurement function.” Brown believes that procurement can and must act as a strategic business partner by driving process improvements, cost savings and [...]
It’s time to move beyond calculating savings to creating a valuable impact. “The procurement industry has long assumed that spend cubes are vitally important and that not having one is heresy. Making matters worse, spend cubes have become axiomatic to procurement analytics,” says authors Elouise Epstein, Stephen Easton and TZ Shen from A.T. Kearney. In this [...]
There is still a gender gap in procurement, says Sheri Spinks. “I think it’s important now more than ever to give a voice to women in procurement. We need to talk about the enhancements and value we deliver as well as the soft skills we possess that contribute to our success in this area.” READ MORE [...]
According to Dr. Larry Lapide, “A major factor in achieving optimized supply-demand decision-making is the successful implementation of effective 'bridging' processes between customer-facing managers from sales, marketing, and customer service and supply-facing managers from manufacturing, operations, logistics, supply chain, and procurement." Read the S&OP roles he recommends for managers based on their mindsets. READ MORE [...]
The second annual survey from JDA Software, Inc. and KPMG LLP reveals that real-time visibility is driving digital supply chain investments enabled by artificial intelligence, machine learning and cognitive analytics. This survey details the key innovation investments across retail, manufacturing and logistics in 2019.READ MORE at Supply Chain Management ReviewXenon Group is a JDA alliance partner
