Supply chain management the most important set of skills and tasks for a company

Ackerman We talk glibly about change in supply chain management - continuous change, managing change, coping with change, even leading change.

Supply chain management the most important set of skills and tasks for a company

Is it enough to have a business-related degree and a little supply chain experience, or is supply chain leadership something that you must work hard to acquire specific qualities for? Supply chain is all about people using technology as a tool. Nothing is more important than working on your people skills if you want to be a successful supply chain leader That said, there are few supply chains if any that run successfully today without the support of enterprise technology tools like warehouse management and enterprise resource planning ERP systems.

For that reason, you really need at least a modicum of IT understanding just to work in a supply chain environment. To be a supply chain leader, you will need to be familiar with the use of enterprise software applications like WMS, TMS, and ERP, as well as analytics software, which is increasingly becoming a staple source of leadership decision support.

Enterprise IT Skills at User-level There was a time when supply chain leaders could rely on subordinate employees to do the hands-on work with business information systems, and be content to receive reports and Excel spreadsheets containing data for decision-making. Furthermore, your need for technology understanding extends beyond hands-on use.

It will help if you have knowledge of automation technology too, given that more and more companies are applying automation in distribution centres and warehouses.

Supply chain management the most important set of skills and tasks for a company

Eventually the point may be reached where skills in technology become more important to supply chain leaders than their people skills. A Grasp of Economics and Market Dynamics The supply chain world is changing rapidly and sometimes unpredictably, in line with the market dynamics across many industries, all of which are being affected by rapid shifts in customer and consumer buying-behaviour.

Many markets which used to be purely local or regional, have now become global, as have the supply chains that serve them. As a supply chain leader you will need to focus on what lies ahead and to some extent, be able to predict it.

This can only be possible with a thorough understanding of the market dynamics relating to your industry and your company.

Of course each industry and the niches within them are subject to their own specific market dynamics. As a basis to quickly adjust to supply chain careers moves, it will help a lot to be familiar with the basic concepts of economics. Understanding Cost-to-serve Supply chain leaders play a very active role in the profitability of their employing companies.

For instance, too few companies focus on the real costs involved with serving customers. The result of this inattention is often a one-size-fits-all approach to service, inevitably leading to the over-servicing of some customers and the under-servicing of others.

More to the point though, a single service offering can impair profitability, perhaps creating a situation where logistics costs cause some sales to actually generate losses instead of profits. Every company wants supply chain leaders who can make direct and positive impacts on the bottom line—but not every company has such leaders.

Flexibility is the skill that will help you to do that. Flexibility gives you the ability to let others do the innovative thinking. Your flexibility will give those innovative thinkers the confidence to present their ideas, since they know that you will adopt them if it makes sense to do so.

Flexibility will keep you from feeling too comfortable in the status quo to ever let it go. Flexibility will ensure that change often termed the only constant in supply chain management will not faze you or cause you undue stress.

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In turn, your team will be encouraged to embrace, rather than resist change. Flexibility is one of the soft skills that differentiate successful supply chain leaders. An inflexible leader may doggedly try to follow the original plan, becoming ever more frustrated in the process and hampering, rather than helping the situation.

Inflexibility often manifests in the belief that changing a plan is an admission of poor planning, which may not be the case at all. Work on your flexibility as a leader. Accept that plans should always be work-in-progress, and adapt your approach when required.

In any case, if you make it to the C-suite or indeed, to any senior leadership position, it will help you and your managers do a better job if you understand the key principles, pitfalls, and challenges inherent in project management.

The most important project management skills to acquire as a supply chain leader are as follows: The ability to negotiate successfully for resources, budgets, and schedules A high degree of personal organisation A proactive approach to risk management Of course the above-noted skills are also valuable for supply chain leaders in general, not just as part of a project-management skill set.

Personal organisation will be vital for keeping track of numerous projects for which you are likely to be a sponsor and meeting your obligations toward them. You may sometimes be called upon to support project business cases, hence the need for negotiation skills.

The required skills can be learned but one thing is certain:Latest procurement and supply chain news, opinion, analysis, practical advice and tips from Supply Management, the official publication of the Chartered Institute of Procurement & Supply (CIPS) Careers and skills.

Law. Procurement. Supplier relations. Supply chain. Analysis. Careers and skills. Risk.

The Supply Chain Resource Consortium at NC State University, along with faculty and students from Florida State University, are currently in the middle of a major project studying the types of needs that new supply chain managers will require in the future. 4. Operations Leaders are Effective at Supply Chain Management. Supply chain management plays a vital role in the success of a company. Operations leaders within an organization are working to design and execute supply chain strategies that maximize productivity, minimize risk and effectively respond to fluctuations in demand. Latest procurement and supply chain news, opinion, analysis, practical advice and tips from Supply Management, the official publication of the Chartered Institute of Procurement & Supply (CIPS) Careers and skills. Law. Procurement. Supplier relations. Supply chain. Analysis. Careers and skills. Risk. The five secrets of supplier.

The five secrets of supplier. to guide individuals considering careers in supply chain management, supply chain professionals seeking to advance their positions, and human The APICS Supply Chain Manager Competency Model was a research project undertaken skills, and abilities needed by supply chain managers.

̥ Performance trade-offs ̥ Warehouse management. Nov 05,  · The supply chain refers to the resources needed to deliver goods and services to a consumer.

Supply chain management the most important set of skills and tasks for a company

Not surprisingly, the importance of supply chain management is an integral part of most businesses and. Mastering the Skills Required for Today’s “New Basics” of Supply Chain Management. what are the most important of the new basics? We discuss a number of them in this article; but be assured that the list will continue to grow.

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Mastering the Skills Required for Today’s “New Basics” of Supply Chain Management. More slideshows. Job description and duties for Supply Chain Manager. Also Supply Chain Manager Jobs. Develop procedures for coordination of supply chain management with other functional areas, such as sales, marketing, finance, Discover What Is Most Important To You in Your Life and Your Career Identify Your "Transferable Skills".

May 12,  · Efficient management is the key to success, especially in supply chain management. There are various factors involved in effective logistics management, for example, automation and perfect coordination. But, there is always a scope for improvising the process.5/5(45).

6 Key Supply Chain Leaders' Skills and Why You Need Them | Supply Chain and Logistics Blog