FOREWORD SUPPLIER COLLABORATION GIVES FIRMS A COMPETITIVE EDGE
AS AUTOMATION LIBERATES PEOPLE FROM TRANSACTIONAL SUPPLY CHAIN ROLES , FIRMS ARE NOW TARGETING STRATEGIC SUPPLIER COLLABORATION
“ The point of supplier programmes is collaboration ”
ELVIRE REGNIER LUSSIER , CPO CONSULTANT & COACH
McKinsey research shows that organisations that regularly innovate in partnership with suppliers are more likely to see the biggest earnings growth - sometimes up to 10 % more .
In this issue , we explore how organisations are seeking to make procurement and supply chain more strategic in nature as they seek competitive advantage in a tough market . Tapping into supplier innovation is pivotal to this .
We learn how digitalisation is changing the profile of procurement teams , for example . In the past transactional areas procurement – such as contracts – were people-heavy , but automation is freeing-up people ’ s time in these areas , giving scope for people to be strategic , and collaborative .
“ The point of supplier programmes is collaboration ,” CPO consultant and coach Elvire Regnier Lussier tells us . “ You need strategic buyers and an entrepreneur mindset .”
Read on , for these and many other insights across logistics and procurement , as well as supply chain sustainability and tech .
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