Supply Chains and Supply Networks: How Do I Win?

Author(s):

Nick Little, MCIPS
Nick Little, MCIPS, Assistant Director, Executive Development Programs, The Eli Broad Graduate School of Management, Michigan State University, 517/353-8711 x 71006; littlen@bus.msu.edu

90th Annual International Conference Proceedings - 2005 - San Antonio, TX
Abstract

Many publications, from learned academic journals through the more professional business pages of the Harvard Business Review have featured ‘Supply Chain Management’ as a critical component, if not the crucial strategic focus, to ensure success in today’s increasingly competitive business world. As a means of linking different service and materials providers together for a common goal – end consumer satisfaction and loyalty – it is evident that procurement has an absolutely vital role to play. Procurement people must deliver the best not just of themselves as model professionals, but from their supply base to ensure the traditional “rights of purchasing” (item, time, price, place, source) are supplemented by an ability to be both innovative yet reliable over time. This all has to be achieved against a background of product/service life cycles becoming shorter, the inevitability of change and increasing pace in the application of technology. However, even in the face of all this, there are things that individuals can do to rise above the crowd both in their profession and at their employing company. This paper and the presentation explore a few of the things that individuals could consider to adopt to make themselves stand out as a rising star and gives pointers and examples of how these things could be put into practice.

Supply Chains and Supply Networks: How Do I Win? — 93 KB (PDF)