Presentation on theme: "Creating Supply Advantages Chapter 2 pages 46-59 Richard Herman Georgeann Tynyk Michael Verti."— Presentation transcript:
Creating Supply Advantages Chapter 2 pages 46-59 Richard Herman Georgeann Tynyk Michael Verti
Effective supply chain Management optimizes People & Technology Sourcing Supplier Mgmt & Development Day-to Day Purchasing Performance MgmtInformation Mgmt Human Resource Mgmt P&S Strategy Organization House of Purchasing & Supply Framework
Matching the right people with the right job across the supply chain adds value Issues: Buy-in from outside traditional purchasing functions. Opportunities: Education, cross functional skills, communication, incentive structures linked to corporate strategy Implications: Less supplier turnover, increased productivity, quality and ROI.
IT facilitates the collection and transparency of data, providing competitive advantages Issues: Cost, uniformity of technology, security Opportunities: Two-way learning, efficiencies, breaks down barriers, resource identification Implications: reduce design development time, faster time to market, reduce barriers to education
Challenges Going Forward Reduction of direct control Increased responsibility for non-traditional roles Collection paralysis Ignoring implications downstream Applying Leadership Practices Identify Procurement leadership benchmarks Identify poor practices Size the opportunity Map the plan of attack
Your consent to our cookies if you continue to use this website.