How Do You Solve a Problem Like Procurement?

Procurement and supply chain management are critical aspects of any business, ensuring that the necessary materials and services are acquired efficiently and cost-effectively. However, these areas often present complex challenges that require the right leadership solution, whether on a permanent, interim, or fixed-term basis. 

Global Procurement Overview 

Procurement and supply chain challenges stem from various sources, including cost and risk management, supply chain resilience and sustainability. 

The headwinds in procurement can be cost, influenced by inflation cycles, interest rates, tariffs, and the cost of capital; and the medium to longer-term challenges surround the supply chain risk and resiliency, reputational risk, a move towards dual sourcing, and ESG responsibilities.

Ask yourself: 

• Are you getting value for money on your third-party spend? 
• Do you know where your products and services come from around the world?  
• Have you balanced your risk and resilience in terms of dual sourcing and regional vs. global strategies?  
• What is your exposure from an ESG perspective through the various tiers of your supply chain? 

These are strategic challenges - and they require leadership with the vision and experience to solve them. 

Odgers Solutions 

For immediate and short-term needs, interim solutions are often the best approach. We have partnered with various interim professionals who have been tasked with urgent and specific objectives. Interim solutions are typically engaged when rapid changes or quick implementations are necessary. 

When dealing with long-term strategic procurement transformations, effective permanent solutions are essential. If your business is seeking sustained impact and long-term improvements, our experts can guide you through the process and ensure the right permanent appointment. 

Executive Search and Interim Solutions 

Our access to leadership networks ensures that your procurement and supply chain function can be transformed into a high-performing entity. 

Odgers has market-leading expertise in procurement appointments across various organisational ownership structures, including FTSE companies, SMEs, and private equity portfolio companies. Our track record reflects our capability in these areas. 

Solving procurement and supply chain problems requires a multifaceted approach and expert solutions tailored to your business's unique needs. Whether you are facing immediate cost challenges or looking to implement long-term sustainable strategies, our team has the expertise to help you navigate and solve your supply chain issues. 

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Get in touch. Follow the links below to discover more or connect directly with our dedicated executive search experts and procurement leadership consultants at your local  Odgers office.