Sam Nasr

Now, more than ever, senior leaders across organizations must have a deeper understanding of supply chain. I share my observations with Harvard Business Review on the four things effective leaders should be doing to sharpen their supply chain skills. #supplychain #leadership https://lnkd.in/darxmCX5

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Happy Thursday : 24 Ideas for Supply Chain Cost Saving by Gartner Gartner for Supply Chain Source : Gartner Explore cost-cutting tips for Sourcing, Procurement and Logistics with high potential return Supply chain performance potential is often hindered when short-term cost goals are prioritized over long-term business value. Reducing supply chain costs is further complicated by supplier substitution, outsourcing, supplier refinancing and inventory changes. #SupplyChainCostSavings #ProcurementEfficiency #SourcingStrategies #LogisticsOptimization #CostReduction #SupplyChainManagement #InventoryOptimization #SupplierRelationships #TransportationEfficiency #OperationalExcellence #SupplyChainResilience #CostControl #EfficiencyImprovement #SupplyChainStrategy #ProcurementBestPractices https://lnkd.in/dGqdAf7S

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Are you not getting the most out of your supply chain? Unsure where to start? Let Lean Focus help. With decades of hands-on experience and a deep understanding of what excellence looks like, we can guide you in the right direction and help your procurement team reach its full potential.

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In the world of Supply Chain Management (#SCM), strategic delay can often be employed as a #negotiation tactic. However, this approach can sometimes be overused, leading to #procrastination and #inefficiency. To mitigate this, it's essential for SCM professionals to schedule their decisions and set clear #deadlines. By doing so, they can harness their skills, processes, and judgment in alignment with their goals, avoiding the trap of habitual delays. Let's focus on making timely decisions that drive progress and efficiency in our supply chains. #SupplyChainManagement #SCM #Efficiency #DecisionMaking #procastination

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As a Chief Procurement Officer, I’ve always believed that procurement is not just about cost-cutting—it’s about creating value, fostering innovation, and building resilient supply chains that drive long-term success. In today’s dynamic global landscape, procurement is at the forefront of addressing key challenges: 🌍 Sustainability: Partnering with suppliers who share our vision for a greener future. 💡 Innovation: Leveraging technology to streamline processes and enhance decision-making. 📈 Resilience: Ensuring supply chain stability in an unpredictable world. Every contract signed, every relationship built, and every decision made is an opportunity to align with our organization’s mission and deliver impactful results. I’m proud of the incredible teams and suppliers we collaborate with who make this journey possible. Here’s to transforming procurement into a strategic powerhouse that shapes the future! What strategies or innovations are driving success in your procurement or supply chain functions? Let’s discuss! #ProcurementLeadership #SupplyChain #Sustainability #Innovation #ValueCreation

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Efficient, effective procurement and supply chain operations are critical to staying competitive in today’s market. But how does a company start their journey to optimization? Here are five steps to take your procurement and supply chain organization from tactical to strategic. https://lnkd.in/eZJQ5nux

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5 Biggest Mistakes Sourcing Buyers Make Procurement Tactics Procurement Leaders | A World 50 Group Community Purchasing & Global Supply Chain Professionals Ameen Haque

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I've just finished reading Launch of the Century by Richard Markoff and Florian Magnani. It's a nice story, which follows a pretty typical scenario that many supply chain managers will have faced during their career. The book uncovers some of the challenges and trade offs needed to run a complex supply chain. I would really recomend that people, who work in functions outside supply chain management, new supply chain management employees and business management students read this book to understand a little more about our world

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The Power of Small Wins in Supply Chain Leadership "Small consistent efforts, not grand gestures, lead to lasting impact." In supply chain leadership, it's often the small, incremental changes that drive significant results. Focus on: 1. Streamlining processes, one step at a time. 2. Building strong relationships with suppliers and stakeholders. 3. Investing in employee development and upskilling. 4. Leveraging data analytics for informed decisions. 5. Embracing sustainability and social responsibility. These small efforts add up to: Improved efficiency Enhanced resilience Increased customer satisfaction Better decision-making Competitive advantage Leaders, prioritize incremental innovation over grand transformations. Share your small win stories! What incremental changes have driven impact in your supply chain? #SupplyChainLeadership #SmallWins #IncrementalInnovation #Logistics #OperationsManagement #LeadershipLessons

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📑 The Transformational Shift: Moving from Supply Chain to Value Chain 📥 Download FREE White Paper 🌐 https://lnkd.in/gwgU6CPf 💡 Supply chain professionals can transition their mindset from traditional supply chains to value chains, enabling them to drive greater efficiency, collaboration, and value creation across the entire supply network 🍁 VCARE Academy white paper resources provide in-depth analysis and guidance on issues in the value chain and propose recommendations with specific solutions to overcome the challenges. 💬 You can also Contact via WhatsApp https://lnkd.in/dVZQ2V82 Or LIVE Chat Support on our website 💬 LIVE Chat with VCARE Academy and learn how they can help you improve your supply chain expertise, and at the same time, enhance your company’s supply chain capabilities. ⭕ WhatsApp: https://lnkd.in/g5F-_w-v  ⭕ Telegram: https://t.me/vcaresupport #supplychain #logistics #leadership #certification #sustainability #futureofbusiness #SupplyChainInnovation #FutureofLogistics #manufacturing #supplychain #ai #blockchain #machinelearning #robotics #sales #forecasting #supplychain #logistics #manufacturing #production #inventorycontrol #warehousing #sustainability #circulareconomy #demandplanning #ddmrp #salesandoperationsplanning

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Supply Chain Essentials: Understanding Lead Time In logistics, lead time is a critical metric that measures the duration between placing an order and receiving the goods or services. It encompasses the entire supply chain process, including: ✅ Procurement: Sourcing and purchasing raw materials or goods ✅ Production: Manufacturing or preparing the goods for delivery ✅ Transportation: Moving the goods from the supplier to the customer Effective management of lead time is vital for: ✅ Accurate inventory planning and control ✅ Streamlining supply chain operations ✅ Meeting customer expectations and deadlines ✅ Reducing costs and improving efficiency By understanding and optimizing lead time, businesses can: 🚚 Improve forecasting and demand planning 🚚 Enhance collaboration with suppliers and partners 🚚 Increase customer satisfaction and loyalty 🚚 Gain a competitive edge in the market Take control of your lead time and transform your supply chain performance! #Logistics #SupplyChain #LeadTime #InventoryPlanning #Procurement #Production #Transportation #Efficiency #CustomerSatisfaction #CompetitiveEdge #LinkedIn

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Supply Chain Disaster: 5 Consequences of Ignoring Data Analytics Are you flying blind in your supply chain? Failure to leverage data analytics can lead to: 1. 30% higher inventory costs 2. 25% longer lead times 3. 20% lower order fulfillment rates 4. 15% reduced supplier reliability 5. 10% decreased customer satisfaction Don't fall behind! Embrace data-driven supply chain management to: ✅ Improve forecasting accuracy ✅ Reduce inventory costs ✅ Enhance supplier relationships ✅ Increase order fulfillment rates ✅ Boost customer satisfaction Key metrics to track: ✅ Supply chain visibility ✅Inventory turnover ✅Lead time reduction ✅Supplier performance ✅Order fulfillment rates Leverage AI, ML, IoT, cloud computing, and blockchain to transform your supply chain! Share your data-driven success stories! I am curious to know about your experiences. #SupplyChain #DataAnalytics #Logistics #Procurement #OperationsManagement #SupplyChainOptimization #Efficiency #Productivity #Innovation

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AI vs. Human Expertise: Will Procurement Roles Be Obsolete? As AI advances, many wonder if procurement roles will soon be obsolete. While AI can automate routine tasks, optimize supplier management, and analyze data faster than humans, it can't replace the strategic and relational aspects of procurement. AI is excellent at streamlining processes, but human expertise remains vital for negotiation, relationship-building, and navigating complex challenges like ethical sourcing. Procurement professionals will likely work alongside AI, using it to enhance their decision-making and focus on higher-value tasks. In the next five years, procurement roles will evolve but not disappear. Professionals will need to adopt new skills, using AI as a tool to boost productivity while handling more strategic initiatives. Conclusion: AI will reshape procurement but won’t replace the human element. Instead, it will empower professionals to make better decisions and focus on innovation. What are your thoughts on AI’s role in procurement? Let me know in the comments! 4o

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Supply Chain Transformation- Journey A typical #SCM transformation is needed when • An organisation needs to scale up and/ or • There is a need of #cultural shift on #qualitative needs and / or • Change in the nature of business • Cultural #transformation enveloping all above The typical journey needs multi-pronged actions involving : 1. identifying Change Agents : People who fit the profile internally and using pelicans can principle you get a few of them from outside 2. Putting those in critical areas where the impact of the change shall be maximum the fastest 3. Identifying the early adapters as well as nay sayers. Building momentum around / with early adapters 4. Identifying key objectives and create a plan to execute and teams to execute 5. Ensure Collaboration by creating Platforms for meaningful engagement 6. Measure progress : with periodicity 7. Manage Kay Stakeholders so that they are also part of it and can contribute 8. The first phase is slow and clumsy with a lot of red tape, resistance to change by majority 9. Keep the main thing the main thing and do not loose sight of it and ensure early successes 10. Once it catches up the peer group also start responding considering it as a norm to bring up ideas and create projects. The goals drive starts mushrooming first amongst #Leadership and then throughout . The entire process may take 18 to36 months. .#supplychainmanagement is the life line of global village, what do you say

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Streamline Your Supply Chain: 5 Steps to Success Optimize your supply chain operations with these essential steps: Define objectives aligned with business goals Map processes to identify bottlenecks Develop Standard Operating Procedures (SOPs) Implement and train stakeholders Review and refine procedures regularly Key procedures to establish: Procurement Inventory management Order fulfillment Transportation and logistics Quality control Return and reverse logistics Supplier management Risk management Tools to consider: Flowcharts Process mapping software (e.g., Lucidchart) SOP templates Supply chain management software (e.g., ERP, SCM systems) Best practices: Collaborate with stakeholders Continuously monitor and improve Ensure compliance with regulations Foster a culture of transparency and accountability Share your supply chain optimization tips! #SupplyChain #Operations #Efficiency #Productivity #Logistics #Procurement #InventoryManagement

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The very much awaited Supply Chain Top 25 for 2024 has just been released Today.... I'd like to congratulate these organizations and teams for such amazing work and great initiatives to elevate the Supply Chain Profession- Well done! You can listen in to today's announcement here- https://lnkd.in/dXMvHN-N #gartnersc #top25 #supplychain

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World-Class Purchasing Strategies Unlock efficiency and innovation: 1. Streamline supplier networks 2. Leverage data-driven decision-making 3. Foster collaborative relationships 4. Implement sustainable practices 5. Continuously monitor and optimize Elevate your procurement game! Share your best practices! #ProcurementExcellence #SupplyChainOptimization #WorldClassPurchasing #Innovation #Sustainability

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When it comes to the supply chain management world, chaos is inevitable. Knowing this, supply chain leaders have an important responsibility: to guide their teams through moments of chaos and help them embrace productivity during these times. Many times, we discover invaluable insights from unexpected chaos - the more we lean in, the better. #SupplyChain #Leadership #Chaos

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