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Tag: supply chain talent

Price Bumps Turn to Brand Marketing for CPG Companies

Introduction Economic levers being pulled by manufacturing companies in 2024 involve marketing and volume plays. Companies don’t have the power to push prices like they did in 2020 and later. Those margins are now fixed. Unlike a lot of the tech world, Consumer Packaged Goods (CPG) companies don’t have the option really to reduce labor costs in any meaningful way to recoup margins without also compromising production. They have hence turned to investing these price hike profits in marketing to increase brand awareness. Supply chain pressures easing have allowed a lot more flexibility in how these organizations use their [...]

By |March 28, 2024|Tags: , , , |

Channel Free Logistics Innovates Supply Chain’s Traditional Operations

Introduction According to Bill Thayer, “Logistics is the part of retail where you can truly be very collaborative.” Thayer’s company Fillogic has developed a process and practice he dubs “channel free logistics.” We talked to Thayer on our most recent podcast about how he developed this concept as well as how he came to learn about the importance of logistics practices in the effectiveness of retail operations. One thing we came away from was his insistence on the criticality of relationships and collaborations in creating more effective logistics modes. We also discuss how Fillogic has been able to engage [...]

By |March 21, 2024|Tags: , , , |

Human Capital Management Finds Value Using Supply Chain Management Tactics

By Andrew Lobo This article is a companion piece our Podcast with Andrew Lobo, "The Future of Supply Chain Talent Management."  Introduction - Why compare Supply Chain Management to Human Capital Management? The purpose of this article is to examine the various aspects of supply chain management (SCM) and suggest that many of the tools, processes, and technologies could be useful inspiration for how we manage talent. By leveraging established methods used in SCM we can potentially improve how we manage talent. The current US GDP is approximately $27 trillion. Of this, depending on the specific measurement method used, [...]

By |March 7, 2024|Tags: , , , |

Vendor Management Skills Accelerate Supply Chain Career Growth

This article is a companion piece our Leadership Podcast, "The Art of Leading Other Leaders."  Introduction Your supply chain career will advance much faster once you master the art of external vendor management and can balance that with your internal priorities and obligations. The most successful leaders in supply chain are those that  conduct the symphony of interdependence in balancing and managing internal relationships and obligations with long term partners. Some people thrive on leading internally and find career growth there. Some people do better handling vendors, third party suppliers, and other external relationships. The people that can have [...]

By |February 12, 2024|Tags: , , , |

Supply Chain Experience Provides Many Profitable Opportunities

Supply chain experience holds immense potential for professionals seeking a rewarding and lucrative career path. Leveraging this expertise effectively can unlock various opportunities across industries and propel individuals toward greater success. In this guide, we'll explore strategic ways to maximize your experience for a more profitable career. The future of supply chain can’t be seen in detail, but if you’re willing to follow the breadcrumbs, there’s a lot we can figure out. In doing so, we can prepare different tactics and strategies for employers and employees to help protect the bottom line and generate career advancement opportunities. Highlight Specialized [...]

By |January 11, 2024|Tags: , , , |

A Hybrid Work Schedule Provides the Best of Both Worlds

Introduction Hybrid work schedules were once reserved for rare instances of satellite offices or other special circumstances. The Pandemic has disrupted the norms more than initially thought and made these working arrangements more prevalent across industries, including supply chain. Compensation packages in supply chain and other industries reflect these changes and employers are wise to accommodate new demands while candidates should be aware of limitations involved in certain working environments. Employers have been saying that remote working will die for quite some time. But, that doesn't seem to be the case. Prevalence of Hybrid Work Schedules According to a [...]

By |January 5, 2024|Tags: , , , |

Talent Pipeline Management in a Neutral Market

Talent pipeline management continues to be a crucial element of success or failure in today’s world of supply chain. This is another in our series analyzing the intersection of supply chain and talent. We will continue reporting on this in real time so that employers and employees in this dynamic field can hopefully gain some insights on useful tactics and not be blindsided by ebbs and flows of how the market impacts supply chain talent strategies. _________________________________________________________________________________________________________ 2023 was certain to bring about a recession. It never happened but companies prepared as if it was imminent and worked to [...]

By |December 7, 2023|Tags: , , , |

2024 Supply Chain Trends & Failed 2023 Predictions

Introduction 2024 supply chain trends will be difficult to predict. First we have to figure out what went on in 2023 and where some of those predictions fell short. The year in supply chain has been full of change and disruption. Some of the predicted supply chain trends in 2023 came to fruition and some didn’t. We know that no one has a crystal ball and that prognosticators often fail. We’re going to look at some things that panned out and others that didn’t and what that might mean for 2024. Make no mistake about it: we live in [...]

By |November 25, 2023|Tags: , , |

Comparing Contingency and Retained Search: What’s the Difference?

Navigating the complex world of executive search can be a daunting task, especially when it comes to choosing between retained search and contingent search methods. Both approaches have their merits, but which one is best suited for your company’s specific needs? In this blog post, we’ll explore the key differences between retained search and contingent search, weigh the pros and cons of each method, and provide valuable insights to help you make the right decision for your organization’s talent acquisition strategy, with a focus on the benefits of retained search. Key Takeaways Retained search is a comprehensive and consultative approach [...]

By |November 16, 2023|Tags: , , , |
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