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متابعة

What is the biggest headache that procurement professionals are facing in managing their organization's supply chain?

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تم إضافة السؤال من قبل Mohamed Saad Mohamed , Senior Procurement Officer , Saif Bin Darwish
تاريخ النشر: 2013/12/28
Raheel Ahmad
من قبل Raheel Ahmad , Manager (Regional Indirect Sourcing) - Asia Pacific , AVON PRODUCTS INC. (a US multinational Fortune 500 company) on visit to UAE

Some of the biggest challenges (headaches) for procurement professionals can either be due to internal / external factors or both. The top three reasons would be:

1 - Change in requirements (eg. specificataions, quantity, etc.) from the demand side are examples of internal factors

2 - Price Fluctuations owing to taxes, inflation, currency rates, external factors, etc. are examples of external factors

3 -Delays or deviation from delivery schedule due to logistical issues or from vendor side 

Alexander Kurunthottical
من قبل Alexander Kurunthottical , 22+ Years of Procurement & Contracts Management , N A

The main challenges are:

- Volatility  and Bull Whip effect in the demand

Other issues are:

- Getting support of (i) Senior management (ii) Finance (iii) I.T. 

- Lack of planning & precise forecasting

- Maintaining optimum cost over a period of time

- Operation flexibility

- Skills development of procurement professionals on an ongoing basis

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