JAGGAER’s Post

The Heidrick & Struggles Mexico City team recently partnered with Kearney to host a dynamic Supply Chain event, sparking insightful discussions on the Supply Chain Management function and the evolution of the Chief Procurement Officer (CPO) role. Here are our top key takeaways from the event:  ➊ The Driving Culture: Chief Procurement Officers and supply chain leaders need to become culture champions to drive innovation. It’s about connecting ecosystems rather than running processes. ➋ Bring it Back to the Business: CPOs must provide strategic business insights that advance supply chain risk management with intelligence. ➌ Elevated Leadership Role: The CPO is evolving into a “Chief Value Officer,” externally focused and advising the CEO on how to win in the market and sharing creative ways to accelerate. #LeadershipinMexico #CPOs #SupplyChain #SupplyChainLeaders

2 of 7 Best Procurement Practices Blueprint for Procurement Leaders - LEVERAGE SUPPLIER RELATIONSHIPS! Get Your Free Digital Copy at https://lnkd.in/gUKhpc2V While Kraljic Matrix is used to segment suppliers based on the complexity (or risk) of the supply market, you can Generate Real Power in the Leverage Quadrant – image on the right.   While it is a common practice to encourage buyers to focus on Strategic Suppliers as a best procurement practice, this is not the best usage of Kraljic matrix.   The better practice is to take suppliers from Routine/Non-Critical (R) & Strategic (S) quadrants and move them to Leverage for much better results related to cost savings and strategic relationship building! Get the Full "7 Best Procurement Practices Blueprint" at https://lnkd.in/gUKhpc2V A concise, no-nonsense blueprint for success with practical & impactful advice. It's straightforward and actionable - no fluff. An invaluable resource for Procurement Leaders. #procurementleaders #supplierrelationships #procurementleadership #procurementexcellence #procurementinsights

Master the Art of Supply Chain Management: A Cutting-Edge Handbook for Business Leaders Seeking Innovation and Efficiency in Today's Market. Gain Insights, Strategies, and Techniques to Drive Success and Stay Ahead of the Competition. #SupplyChainInnovation #BusinessLeadership #EfficiencyStrategies #MarketAdvantage Credits: https://lnkd.in/du5wucvY

Navigating conflicting priorities is key for modern procurement managers. Recently, a former teammate of mine sought advice on numerous procurement targets she has which were somewhat antagonizing business demands for speed. I emphasized keeping business needs at the core and prioritizing ROI. By aligning procurement with overarching business goals, we empower leaders to drive strategic value. It's about more than just KPIs —it's about delivering impactful solutions that propel the business forward. #ProcurementLeadership #BusinessFirstAgile

The various crises that we all lived through over the past few years have left their mark in boardrooms around the world. Increasing supply chain resilience has become a key focus area for company leaders across industries. Many supply chains are redrawn and redesigned by: ✅introducing additional suppliers, ✅increasing of inventories, ✅nearshoring and regionalization initiatives. 44% of company leaders value increased supply resilience over cost efficiency as the report by McKinsey highlights. As a result, the supply chain management and procurement disciplines are no longer perceived as mere administrators and cost cutters by their internal leadership teams but are seen as an integral part for the company’s success long-term. 🟢 This shift in mindset is a fantastic opportunity for those suppliers that understand how to create value in their customer’s supply chains above and beyond the actual product they supply. 👉 When was the last time you spoke with your customer about their supply chain risks? -------------------------------------- Let’s build bridges between #procurement and #sales. 👍

Keeping up with the pace of procurement transformation can be a challenge. CPO's must communicate and justify annual priorities and actions for the year ahead. This Leadership Vision outlines the trends, challenges and actions to anticipate in 2024. #ProcurementLeaders #CPOs

In times of poly-crisis, leaders must reinvent their approaches to purposeful value creation. This year, the Asia Pacific Procurement Congress will showcase leading examples of how #businesses turn purposeful #value creation into impact. Come together for 2 days of insights and knowledge sharing, a unique chance to join over 200 procurement leaders, innovators and thought leaders of the industry. Ready to lead the value creation agenda and drive the #procurement function forward? 🔷 Find out more: https://lnkd.in/eA-fqSUE

🚀Beyond Cost Savings: The Evolving Role of Procurement Leadership In case you missed out on our Webinar with Georg Rösch VP of Direct Procurement Strategy at JAGGAER and Iain Prince Partner - Management Consulting Supply Chain at KPMG you can now catch up and watch the recording 🎥. ✅Gain insight into the role of procurement leadership and how it has undergone a significant transformation, evolving beyond its traditional focus on cost reduction to become a strategic driver within organizations. Key Takeaways: 🔹Gain insights into the strategic evolution of the procurement function 🔹Understand how procurement strategies align with broader organizational objectives 🔹Learn practical strategies to enhance procurement's contribution to organizational success 🔹Explore emerging trends and technologies shaping the future of procurement 👉Watch now: #ProcurementLeadership #costsavings #ProcurementInsights

A skill that sets supply management leaders apart now as well as into the future? The ability to communicate. How the importance of communication transcends all aspects of supply management was emphasized during this month’s 2023 CAPS Executive Summit. Read more: https://hubs.li/Q0283_wH0 #supplychainleadership #CAPSSummit

1 of 7 Best Procurement Practices Blueprint for Procurement Leaders - IMPLEMENT SPEND PROFILE/ABC CATEGORIZATION! Get Your Free Digital Copy at https://lnkd.in/gUKhpc2V A concise, no-nonsense blueprint for success with practical & impactful advice. It's straightforward and actionable - no fluff. An invaluable resource for Procurement Leaders. Discover How to Effectively Use the 7 Best Procurement Practices. Get Your Free Digital Copy at https://lnkd.in/gUKhpc2V #procurementleaders #spendprofile #procurementleadership #procurementexcellence #procurementinsights