The Talent Management Category

8 Steps to Designing a Strategic Meetings Management Program

Spend Matters welcomes this guest post from Lalit Sharma, consultant at GEP.
br> With the advent of modern communications technologies, the world has indeed become a smaller place. This has not only helped individuals connect with those who matter in their lives, but has also empowered organizations by providing virtual platforms that allow employees and experts engage in discussions without having to physically be in the same room.

Millennials Will Transform Procurement — Not By War, But Attrition

Although barely dry, all that ink covering 2017’s “procurement trends and predictions” will soon give way to a conspicuous rehash of the same stuff for next year. You can set your watch on it. Apparently, some things never get old (e.g., risk, collaboration, transparency, finance and globalization). So with four months left to go, I figured I’d put my safest, long-term prediction on the table. Driven by the certainty of death, it’s an absolute lock.

5 Things Employers of Choice Understand About Hiring Top Procurement Talent

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As a hiring authority in the procurement function, what can you do to improve your odds of bringing in the talent that you need? The 2017 Hiring Sentiment Study conducted by MRINetwork reveals that the inability to find quality talent is driven by lengthy hiring practices, lower-than-expected compensation and an employer sentiment that candidates should feel honored to be considered for their job opportunities. Based on the study’s findings, procurement employers of choice understand these five hiring insights better than their competitors.

A Sneak Peek at UT-Knoxville’s Inaugural Supply Chain Summer Program for Female High Schoolers

Michigan State University

What would a supply chain summer program for female high school students look like? The summer of 2017 may not even be halfway over, but a group of administrators and professors at the University of Tennessee — Knoxville are already working out the details of a weeklong supply chain summit to be held on campus in July 2018, aimed at female students from the state of Tennessee who will be rising high school juniors.

5 Young Supply Chain Professionals on What They Wish They Knew Earlier

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Whether you're a recent college grad or starting your first job in the supply chain, consider the following pieces of advice from five young professionals whom ISM and Thomasnet.com named as “30 Under 30” Rising Supply Chain Stars. As Christina Gill, one such “star” with over a decade of experience in supply chain, said, “This is an exciting time in your career. Be open, be adventurous, be a sponge, listen, learn, and take risks in your career.” So read on!

Who are the Employers of Choice for Today’s Procurement Leaders?

As a function, we’ve discussed at great lengths over the past couple of years how procurement has climbed up the corporate ladder to take on a more strategic role in many businesses. Although technology and a changing business landscape have undoubtedly increased the pace of this subtle shift, talented professionals have been the driving force behind it. Also well documented are the difficulties in locating and enticing these gifted individuals. While most companies still find themselves struggling to find the right talent, a select few have sourcing leaders lining up to work for them.

‘Best of the Best’ 10 Years On: APICS CEO Abe Eshkenazi on the Past, Present and Future of the Procurement Profession

Sales and operations planning hardly seems sexy on paper. Yet as more than 200 cross-functional professionals poured into the grand ballroom of the Chicago Marriott O’Hare for the 10th annual Best of the Best S&OP Conference Thursday, the participants seemed excited to tackle this essential business process, as well as learn from an impressive lineup of senior supply chain leaders. To learn more about the topics the presenters chose to speak on this year, I sat down with APICS CEO Abe Eshkenazi, who provided a fascinating perspective on how the conference has developed over the last decade.

‘Or Accept the Consequences’: Advice for Women in Supply Chain from Dr. Lisa Ellram and Dr. Wendy Tate (Part 2)

In Part 1 of this two-part interview, Dr. Lisa Ellram, distinguished professor of supply chain management at Miami University, and Dr. Wendy Tate, associate professor of supply chain management at the University of Tennessee – Knoxville, talked to me about the challenges that women working in supply chain face and how different professionals they’ve known have dealt with the challenges – from learning how to play golf to taking on extra responsibilities. This second half of the interview covers the difficulty of changing traditional work cultures, the subtlety of modern-day workplace challenges, and advice that the two professors give their female students.

Getting Ahead by Playing Golf: Dr. Wendy Tate and Dr. Lisa Ellram on Challenges Faced By Women in Supply Chain (Part 1)

This past spring, I talked to Dr. Wendy Tate, associate professor of supply chain management at the University of Tennessee – Knoxville, to find out why female student enrollment in the university’s supply chain program had been dropping significantly. The conversation eventually led to the topic of both real and perceived weaknesses of female professionals in supply chain. Tate introduced me to Dr. Lisa Ellram, distinguished professor of supply chain management at Miami University. The two of them recently talked to me about the challenges that female professionals in supply chain face and how different women they know have tried to deal with these challenges to varying degrees of success.

MBO Partners’ Latest Report on U.S. Freelance Economy Shows a Wage ‘Barbell Effect’

Freelancers, contractors, contingent workers, gig workers, independent workforce. However you prefer to call this segment of the workforce, more than 40% of U.S. working adults are currently freelancers or have worked as a freelancer in the past. That share is expected to increase to cover half of the U.S. adult workforce, according to MBO Partners’ 2017 State of Independence in America Report, its seventh annual study of the U.S. freelance workforce.

10 Places to Look for New Procurement Recruits

Spend Matters welcomes this guest post from Zelim Suleymanov, chief executive of PrECA.

In my previous article, we defined two methods for recruiting procurement professionals. But now that you know your method, where do you look? Here a few tips on where and how to perform the search.

Traditional or Nurturing? 2 Methods for Recruiting Procurement Professionals

Spend Matters welcomes this guest post from Zelim Suleymanov, chief executive of PrECA.

It is not easy to find a top-class procurement professional. On the one hand, purchases require best practices expertise, and on the other hand, they need unconventional thinking and a creative approach. Highlights and challenges of up-to-date recruiting techniques with a focus on procurement can be found in a number of resources. Among them is procurement talent management and related issues described by Charles Dominick of the Next Level Purchasing Association.

I would suggest two possible headhunting models that can be used either individually or in combination when recruiting employees. They are what I call traditional and nurturing methods.