Almost all issues and challenges in major cost reduction/optimization initiatives are “predictable” and “inevitable”.  If that is true, then it stands to reason that a logical approach is to deal with them up front to significantly minimize their impact.  Every study of large initiatives in corporations ends up with the same factor identified at the core of success or failure – Change Management.  The successful incorporation of Change Management techniques early and throughout the Strategic Sourcing/Supply-Chain Management process absolutely determines whether an initiative will succeed or fail. The goal of Change Management in Strategic Sourcing and Supply-Chain Management is to:

• Accelerate and guarantee the realization of business benefits (i.e.)  Sourcing savings and Supply-Chain optimization

• Establish a climate of collaboration with your internal business and Supply-Chain partners that will lead to the most successful outcome

• Develop support for Strategic Sourcing and Supply-Chain Management within the enterprise

• Manage chaos by anticipating, addressing, and even resolving issues/problems that occur during the Sourcing/Supply-Chain process   

 

Next Meeting

 

Change Management in Strategic

Sourcing and Supply Chain Management

- Friday, August 22, 2008 -

Interested in Joining BPX? Call or email now for details! Pete Iacullo 630-268-8963 petei@thempowergroup.com

Interested in Attending This BPX Meeting? Call or email now! Pete Iacullo 630-268-8963 petei@thempowergroup.com

ABOUT BPX

The Best Practices Xchange is a collaborative, members-only group, comprised of senior executives from the Midwest based Fortune 500 organizations.

The council is a small peer to peer organization (25-30 members) which engages in the sharing of ideas in a forum setting.

All members bring expertise and varied talents to the group and as such all participants benefit from involvement with the group.

There are no sales pitches. Meeting topics, dates, and locations are member driven. 

The BPX Membership

• Blue Cross Blue Shield

• Caterpillar   

• FMC Technologies

• Volvo Construction Equipment

• Nicor Gas

• WE Energies

• John Deere

The Council's activities focus on the development of best practices related to:

• Supply Chain Management

• Strategic Sourcing

• Risk Management

• Leadership and Organizational Strategy & Execution

BPX Charities

The Best Practices Xchange donates 50% of membership dues to Charities. Charities are chosen by members. The BPX is a proud supporter of: