Shawn Mattar’s Post

What steps can #supplychain leaders take to change the perceptions of the C-Suite? Our research discovered a disconnect between industry leaders and the C-Suite on the role of supply chains, this article in Supply Chain Digital outlines several key steps to take.

What steps can #supplychain leaders take to change the perceptions of the C-Suite? Our research discovered a disconnect between industry leaders and the C-Suite on the role of supply chains, this article in Supply Chain Digital outlines several key steps to take.

In an era of growing volatility, the time is now for a shift in how organizations view their supply chains. Our research found many C-Suite leaders are underestimating how their #supplychain can be a growth engine. Read more of our findings in Supply Chain Digital:

Our 2024 EY Supply Chain Survey uncovered concerning perception gaps between #supplychain and C-Suite leaders around the value of the supply chain. What steps can industry leaders take to change those perceptions? My colleague, Ashutosh Dekhne, shares his thoughts with Supply Chain Digital:

What supply chain priorities for cost savings? - #FoodForThought for the weekend According to a recent study conducted by the Boston Consulting Group, the majority—65%—of executives are placing significant emphasis on reducing #supplychain and #manufacturing expenses as the primary areas for cost-cutting within their organizations. Factors such as persistent uncertainties, the imperative to restructure operations for future resilience, and the emergence of disruptive technologies like #GenAI are compelling leaders to prioritize effective cost management strategies. Delve deeper into these insights in the article: https://bit.ly/43Zet4I

A new article in Supply Chain Management Review shed light on why executives are turning to manufacturing and the supply chain to find cost savings in 2024, citing findings from Boston Consulting Group (BCG)’s recent survey of over 600 global C-suite executives. Here are some of my takeaways: • To cut costs, there’s a specific focus on optimizing procurement, logistics networks, distribution, and warehousing operations • Companies are investing heavily in digital lean manufacturing and advanced planning processes • Quick savings wins can unlock resources into areas that require longer-term investment, such as modernizing the supply chain For more insights, read the full article here: https://lnkd.in/eHrKNhpY

Is there a danger in undervaluing Supply Chain Management ? I do say Yes - getting > 50 - 75 % material and innovation from your supply base triggers importance to actively control material costs, mitigate risks and create value on that front to stay competitive in the market - Staying away from it and eliminating heatcount does not improve competitiveness and costs more than it saves

If you've attempted to transform your supply chain, only to come up against resistance from the business, you're not alone. This survey report goes into detail about what you should (and shouldn't do) to maximise your chances of success. #GartnerSC #SupplyChain #Logistics

🌐 Procurement and Supply Chain: Strategic Drivers of Competitive Advantage In today’s volatile and interconnected business landscape, the intersection of procurement and supply chain management has evolved from operational necessity to strategic imperative. 📊 Procurement is no longer just about cost savings—it’s about building value through supplier relationships, risk mitigation, and innovation. 🚛 Supply Chain Management is the linchpin that transforms strategic sourcing decisions into tangible outcomes, delivering efficiency, resilience, and customer satisfaction. The modern C-suite challenge: How do we ensure these two critical functions operate not as silos but as integrated enablers of business success? ✅ Key focus areas for leaders: 1️⃣ Resilience through collaboration: Align procurement and supply chain teams to respond proactively to disruptions and drive organizational agility. 2️⃣ Data-Driven Decisions: Leverage advanced analytics, AI, and real-time data to enhance procurement strategies and supply chain visibility. 3️⃣ Sustainability as Strategy: Embed ESG principles across sourcing and logistics to future-proof operations and meet stakeholder expectations. 📈 Case in point: Consider a global organization navigating supply disruptions. Through aligned procurement and supply chain strategies, they diversified suppliers, implemented predictive analytics, and streamlined their logistics network. The result? Enhanced resilience, reduced lead times, and long-term cost savings. What’s at stake? Organizations that view procurement and supply chain management as strategic levers rather than cost centers are better positioned to thrive in an era of uncertainty. 💬 Leadership Insights: How is your organization transforming procurement and supply chain functions into drivers of competitive advantage? Let’s discuss strategies, innovations, and best practices.

Enhancing visibility is crucial to optimize supply chain performance. Organizations need to track key metrics to identify areas for improvement. Gaining visibility into the root cause of performance issues enables targeted corrective actions. Even simple tools like Excel spreadsheet trackers can have a significant impact. Visibility provides: 1. Insights into supply chain dynamics 2. Identification of bottlenecks and inefficiencies 3. Data-driven decision-making 4. Ability to create targeted corrective action plans 5. Improved communication with internal and external stakeholders Some benefits of enhanced visibility include: 1. Increased inventory turns 2. Improved on-time deliveries and fill rates 3. Cost reduction 4. Enhanced supply chain resilience 5. Better collaboration and alignment among stakeholders By gaining visibility, organizations can develop a data-driven approach to supply chain optimization, leading to improved performance and competitiveness.