Grassland Biome Food Chain

Grassland Biome Food Chain

Grassland Biome Food Chain

Grassland Biome Food Chain

Apple Macintosh has recently been a headline hugger after the death of Steve Jobs, who was considered as one of the greatest geniuses in the field of electronics and gadget innovations. Aside from the tributes served to the visionary co-founder of Apple, there seems to be an underlying story that may as well inspire a lot of entrepreneurs venturing into procurement business.

This is the story of Tim Cook, the new CEO of apple, who was promoted from being the Chief Operating Officer (COO) of the company.

While this seems to be an ordinary Cinderella story in the world of professionals, the transition of Cook’s position well serves as a good tale of success from Supply Chain and Procurement professionals. Tim Cook is one of the known Supply Chain Leaders who later became a CEO.

Grassland Biome Food Chain

Grassland Biome Food Chain

Grassland Biome Food Chain

Inspiring as it is, many entrepreneurs who are engaged in procurement seem to find this process intimidating. Then again, Archer Mathieson’s first Procurement and Supply Chain breakfast forum paved the way for the list of suggestions and secrets to attain the sought-after Supply Chain and Procurement Success.

From the roundtable discussions, it has been found that the most successful leaders have arrived to where they are today through five major pillars:

1. Talent Management

Honing the right talent is one important key to success, especially since this would help in dealing with the most complex and ever-changing nature of the business. In fact, one particular company had told the tale of how their Supply Chain function had developed from merely being a financial in-house function to an offshore set-up after applying various talent approaches.

Grassland Biome Food Chain

Grassland Biome Food Chain

Grassland Biome Food Chain

Skills on “softer” ranges are known to be the center of success outside the traditional technical expertise. This includes the ability of the leaders to maintain rapport among their customers, have a good grasp of the complexity of the business and deal with any kind of ambiguity by having good communication skills.

2. Stakeholder engagement

This would include engaging the stakeholders and influencing them both up and down within a specific organization amidst the complex and disparate nature of the business.

3. Development and Projection of Bigger Vision

This would allow people to look at all the aspects of the company, thus emphasizing the role of Supply Chain and Procurement in an organization. It is through this pillar that leaders can communicate their strategies, plans and view that can well engage the employees and make them proactive.

Grassland Biome Food Chain

Grassland Biome Food Chain

Grassland Biome Food Chain

4. Knowledge on the Macro environment and of the industry

This is especially crucial in predicting trends in the economy and communicating these to the other role players in the company to become competitive instead of simply becoming responsive.

5. Dealing with Changes

The business climate can be ever evolving, thus, expertise in change management is needed to bring in the full potential value of Supply Chain and Procurement towards the organization. This is one of the secrets of a known leader who was engaged in a UK-based organization without procurement. The challenge he faced was to develop the function out of nothing and build association between different parts of the business.

By Nelson Nigel
Article Source: ezinearticles.com