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What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 7)

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 7)

Sham, Deputy General Manager, India

Biggest challenge in supply chain/purchasing is the non-recognition of this team as frontline function and being treated as support function.

Secondly, the unplanned, unscheduled and incomplete information from user funtions often leads to curtlailed timelines and pricing which ties your arms in decision making.

Thirdly, always one programme of management in assinging this function of reducing the cost instead it should be linked to cost efficiency wherein you map the investment vis-a-vis the revenue by way of Cost benefit analysis, or idling time, or first mover advantage which can be reflected in total case study and not by judging the decision making or ordering.

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Article Tags: case study, cost benefit analysis, efficiency, first mover advantage, india, sham, supply chain, timelines



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