Last week Sourcing and Supply Chain executives from a group of Fortune 500 companies from around the world gathered for The Mpower Group’s Next Practices Xchange (“NPX”) to share ideas and challenge one another on the move “From Cost to Value” within their organizations. This has been one…
There have been many articles in the popular press about the perceived growing dominance of China on the global supply chain (e.g. China will be the largest economy in ten years, China will lead the world in patent filings, etc.). There are many writers that have held this…
From Cost to Value – Making the transition from a cost or TCO based organization to a value creating organization that impacts bottom and top line business needs. Top Sourcing and Supply Chain Executives discuss ‘Next Practices’ in Strategic Sourcing and Supply Chain Management.
Today we’re going to let our readers in on a little secret. Actually, it’s a big secret. It is one of the most powerful strategies that you can deploy in a sourcing engagement. And based on our research, it’s one that is almost never used.
Often, part of the “madness” we find ourselves struggling with in complex change scenarios is of our own making. That’s right, we sometimes “do it to ourselves.” We attempt to drive positive change and optimism as part of our initiatives, but others may discount our message because we…