I realize that I’ve been banging the drum loudly lately about the pending supply management talent crisis. And, at the risk of sounding too much like an Al Gore the-sky-has-a-hole-in-it sensationalist, the evidence that there is a huge fissure in the supply management talent pool continues to mount.
In recent weeks, Aberdeen Group cited recruiting and retaining top talent as the #1 challenge […]
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January 9th, 2007 | Posted in Supply Management, Skills Rectruitment and Development, Best Practices
‘Tis the season for prognosticators to peer into their crystal balls and tell the world what they see. I tried to curb the urge to add my own two-cents on what the coming year holds for supply management. But Sourcing Innovation blogmaster Michael Lamoureux literally threw me on the bandwagon.
I’m embarassed to say he coaxed me […]
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January 8th, 2007 | Posted in Supply Management, Enviro/Social Sustainability, Skills Rectruitment and Development, LCCS and trade, supply risk
Supply management may finally be getting its due. Not only is the function being recognized as a strategic corporate initiative, but supply managers are also getting pay hikes.
Results of Purchasing Magazine’s 26th annual salary survey show average compensation for the supply management field rising to $83,205, a 6% boost over last year. (Read Purchasing’s synopsis […]
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December 29th, 2006 | Posted in Skills Rectruitment and Development
Aberdeen Group’s latest report, The CPO’s Strategic Agenda, discusses how new pressures are forcing supply management organizations to hire talent with unconventional backgrounds. In recent years, we’ve seen an increase in the number of recruits with finance, engineering, and technology backgrounds added to the supply management team. The Aberdeen report cites a company adding marketing expertise to […]
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December 18th, 2006 | Posted in Skills Rectruitment and Development, Best Practices
Yesterday, Geraint John, editor of CPO Agenda, examined supply management trends and approaches in Europe. In today’s final installment of this Supply Excellence exclusive interview, Geraint shares his views on how the supply management talent crunch has reached Europe’s shores and how leading organizations are combating it. He also delves into supply management technology use […]
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December 12th, 2006 | Posted in Supply Management, Skills Rectruitment and Development, Best Practices, Spend Analysis
What’s the biggest risk facing supply management executives today? It’s not supply constraints, logistics delays, or even unforseen natural or man-made disasters.
Nope. Today’s top supply risk is recruiting and keeping top talent.
That’s the word from Aberdeen Group’s latest study of 200 supply management professionals and executives. According to the report, The CPO’s Strategic Agenda, “top […]
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December 7th, 2006 | Posted in Skills Rectruitment and Development, Best Practices, supply risk
The most consistent gripe I hear from supply management executives today it is about the talent crunch. My week in Europe revealed that this challenge transcends borders. At ProcureCon Europe, Dr. Martin Hofmann, Group Executive Director of Purchasing for Volkswagen, opened his presentation with a surprising statement: “The single biggest challenge we face is finding […]
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November 16th, 2006 | Posted in Supply Management, Skills Rectruitment and Development, Best Practices
Previous Supply Excellence posts have highlighted the challenges of hiring and retaining skilled supply management professionals and the increase in talent poaching as a result of these issues. Last week, former General Electric chief Jack Welch and his wife, Suzy, former editor at Harvard Business Review (HBR), chimed in with simple, straightforward advice: the best way […]
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September 21st, 2006 | Posted in Skills Rectruitment and Development
During my tenure as supply management editor, advisor, analyst, and now solution provider, I received countless questions on strategy and technology. One common inquiry: How do I convince C-level executives of the importance of supply management?
In his book Straight to the Bottomline, Supply Excellence contributor Doug Smock offers sage guidance on how supply managers can […]
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September 1st, 2006 | Posted in Supply Management, Skills Rectruitment and Development, Best Practices
Last week, I shared my contribution to Michael Lamourex’s pet project to get industry thought leaders to predict the future of strategic sourcing and supply management. Other contributors to the initiative include Michael, who is blog master for Sourcing Innovation, Procurement Central master Dave Stephens, David Bush, author of the e-Sourcing Forum. But it was […]
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August 29th, 2006 | Posted in Supply Management, Skills Rectruitment and Development
