Implementing Strategic Supply Chain Management

Implementing Strategic Supply Chain Management

 

Senior management must recognize the importance of supply chain management and support its transformation to the strategic level.  Firms can support a strategic supply chain through having a Chief Supply Chain Officer (CSCO) run all supply chain functions, synergizing all supply chain functional areas under one reporting structure.  Firms can also benchmark supply chain best practices from other firms in any industry to get the best performance possible from its supply chain.

 

The Role of a Supply Management Professional

 

A supply management professional has four major roles:

  • Being a leader in seeking new opportunities in the marketplace and driving these new opportunities through out the organization
  • Identify outsourcing opportunities
  • Finding the right outsourcing relationships
  • Having efficient and effective oversight of the procurement function