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 [...]
As digital marketplaces grow in popularity and number, challenges occur for procurement. “On the less regulated platforms, unknown suppliers that haven’t been thoroughly vetted, can sit alongside household names. It can be hard, therefore, for buyers to tell whether a purchase is ‘safe,’” says Ian Nethercot.READ MORE at Supply Chain Digital
Planning may not seem like a fundamental challenge to supply chains today. But Gary Forger explains, “As the supply chain gets longer and extends through more countries, managing all that movement requires increased planning and coordination. Hierarchical planning makes that possible with a very positive impact on supply chain efficiencies.”READ MORE at Supply Chain Management Review
“Slow, manual supply-chain planning processes can be a thing of the past, with machines taking on repetitive tasks that aren’t a good use of human capacity,” according to McKinsey & Co. “The time has come for a new approach. Led by pioneering players in high-tech and online retail, the digitization of planning promises unprecedented levels of responsiveness, [...]
