Why You Need Experienced, Green Supply Chain Executives
As businesses today begin to focus on the complexities of supply chain sustainability, it is becoming increasingly clear that companies need forward-thinking procurement executives who can lead the charge into this new frontier. For instance, sustainable supply chains that capture value-creation opportunities can provide considerable competitive advantage, so particularly in this down economy, it’s essential for procurement management to take a holistic approach that recognizes the direct correlation between sustainability and profitability.
Having said that, it’s time to ask the tough question: Is your supply chain team up for the task?
If you need a little help answering, check out the latest edition of Supply & Demand Chain Executive, where Jay Millen and Lisa L. Walker, both with Korn/Ferry International, take an in-depth look at what’s now required for successful supply chain leadership.
In “The 21st Century Supply Chain Executive: Global and Green,” Millen and Walker provide a thoughtful discussion of the trends that are driving sustainable supply chains. Then, they outline the skills necessary to successfully navigate in this new, complex economy. Their list of required procurement capabilities includes:
- Cultural sensitivity and global awareness of sustainability issues.
- Business acumen in commodities trading and procurement agreements.
- Corporate and global citizenship.
- Innovative thinking about products and services.
- Excellent communication capabilities.
These days, the spotlight is shining brightly on supply chain sustainability and risk management. It’s time for you to design effective development programs and recruitment plans to ensure that your company has the supply chain leadership you’ll need to succeed.
