The procurement function in most organizations deserves more attention than it gets. Most executives associated with procurement lack the competencies and perspectives required to identify gaps and effectively manage the function. This paucity of attention and capabilities is a certain path to extinction in this age of abrupt supply and demand shifts, intense competition, material […]
Tag Archives | Supply Management
The Kraljic Matrix
Contributed by Mark Bridges on October 23, 2023 in Operations & Supply Chain, Strategy, Marketing, & Sales
Solving the “Great Divide” – 5 Step Approach For Successful Supply Demand Integration
The “Great Divide” as referred to by Peter Drucker is the perennial issue of disconnect between Demand and Supply side within organizations. Companies are trapped in a pattern of reacting to the whims of the marketplace without developing a proactively designed supply capacity. Curiously enough, such companies are often the victims of their own success […]