Tweet

What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 5)

Written by: Jon Hansen

Article Overview: There are many factors both internally as well as externally that are affecting supply chain/ procurement practices today. From the growing talent vacuum to the continuing lack of collaboration between Finance, IT and Purchasing relative to corporate initiatives. What in your own experiences and opionions are the top 3 issues that procurement professionals face?

What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 5)

Chetan, Entrepreneur, India

1. Non-recognition as an important function. This happens all the time and I have seen in one occasion being headeed by a senior person who fell out of favour with the top layer of the organization (It was clear that he was on his way out and this was the last step in his exit "process")

2. Heavier influence of the Finance in decision making

3. Above two leading to lesser say in other issues a) related to tools (IT) being used in their process b) initiatives not being gives due inportance (like having an infleunce on final outcome of the operations) c) being side-lined in general

Related Articles
  What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 6)
  How to Succeed in Business, Without Setting Your Hair On Fire
  What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 20)
  What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 12)
  Human Resources Outsourcing & Small Employers: A Perfect Match in a Tough Economy

Article Tags: entrepreneur, favour, finance, india, infleunce, initiatives



Related Forum Posts
Re: What is your biggest challenge? Today? - [quote:3ce2ievo](Oh, the state of the human condition! What challenges we create for ourselves. Do the birds of the air toil as we do? Or do they simply revel in the joy of each moment?)[/quote:3ce2ievo] GT - Be like the birds... That's my biggest challenge today.
Re: What Businesses to Bail Out? - That's the tough thing. People are really hanging onto their money right now, in fear that they may lose their job. No one is secure and it's going to be one of our biggest challenges ever to get through this crisis. All the money Obama sank into the system to get things moving and 10 months later we are still losing jobs. There's got to be a better way.
Re: What is your biggest challenge? Today? - My today biggest challenge was to avoid distractions... and i managed.
Finding Good People - From my own experiences and from interviewing some of Canada's fastest growing companies, one of the biggest challenges always seems to be finding good people to hire. What have you guys done to find good people and keep them in your organization?
Survey the Landlord - Terry, my suggestion is simple but powerful - Survey. Survey Landlords and find out what is important to them. By doing this it does two things: 1. You will find out trends/under-operated services that Landlords are currently unsatisfied with = your client will be able to fulfill 2. You are infact Marketing your clients services by doign this because when you are approaching your landlords it not a sales pitch and they have someone to clear their frustrations with. Then when you approach them after a month (when you've put your numbers together and identified services that are most important) you can remind them of the survey and share with them the results. At this point you can end with an offer to use your clients services to manage their property. I use this method with my clients who are looking for new services to develop in thier markets. It's simple but powerful.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Is the iPad useful? One CEO tells all ....

Igniting Your Unstoppable Business Destiny

Designing Employee-Enhancing Training Programs

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.