The future supply chain professional: a proactive agent of change

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The future supply chain professional: a proactive agent of change

Procurement specialist Tsholofelo Tsholofelo explains who will hold sway as the logistics revolution continues

CENTURION, 16 January 2024 – The changing face of global supply chains demands a new kind of professional – one who is not only a custodian of procurement and logistics, but also a steward of sustainability.

That is the view of Head of Procurement for Africa at PUMA Energy, Tsholofelo Tsholofelo, who says the constant changes occurring in the logistics space point to a sector very different from what people might have imagined 10 years ago.

Tsholofelo, whose “Tsholofelo on Business” podcast has won widespread acclaim in South Africa, has partnered with the Chartered Institute for Procurement & Supply (CIPS), the world’s largest professional body for procurement and supply professionals, as a brand ambassador.

The CIPS Content Intelligence Hub, a portal offering organisations practical guidance in the procurement and supply profession, now offers additional thought leadership pieces on topics ranging from career development and finance to procurement technology and supplier relationship management.

Tsholofelo believes the supply chain landscape is at a crossroads as traditional paradigms are being disrupted by digitisation. Once characterised by linear processes and limited connectivity, supply chains are now experiencing a seismic shift as they embrace the power of these technologies.

“This transformation is not merely a modernisation of age-old practices; it signifies a fundamental reimagining of how goods are produced, distributed and consumed,” he says.

“Moreover, the infusion of data analytics, artificial intelligence, and the Internet of Things (IoT) into supply chain operations has given rise to a new era of real-time insights and predictive capabilities. This is at odds with traditional supply chain paradigms which relied heavily on reactive decision-making, and after-the-fact solution mapping.”

This shift has empowered logistics firms giving them the ability to anticipate disruptions, optimise routes, and enhance inventory management, cutting down on costs and improving customer overall customer satisfaction as goods are delivered on time.

These technologies do not come without risk, however, with increased digitisation, meaning organisations must be vigilant to issues such as cyberattack and data privacy intrusions.

But new technologies are not the only change turning the sector on its head, Tsholofelo says.

Thre greening of supply chains has also sparked innovative practices, from eco-friendly sourcing to circular economy models.

That said, sustainability brings its own challenges.

“Balancing economic viability with environmental responsibility remains a delicate dance. The realisation that sustainability encompasses social and ethical dimensions adds further layers of complexity to the equation,” he says.

What all this means is that future supply chain professionals will be compelled to take a “value-beyond-price” approach in the execution of their duties.

“They will need to be an ethical professional through and through, with a passion for the socio-political and socio-economic environments they operate in.”

In addition, the rise of e-commerce has engendered a change in consumer behaviour that has ushered in an era of demand volatility, personalised experiences, and expedited last-mile deliveries.

“The supply chain is challenged to synchronise itself with the whims of an ever-changing consumer. In this regard, warehouses are evolving into fulfilment centres that double as local distribution hubs, further blurring the lines between online and offline shopping. This shift has prompted supply chains to pivot swiftly, adapting to the new rhythms of digital commerce.”

The “revolution” occurring in the logistics realm is also seeing greater collaboration where, for example, sharing data for mutual benefit is becoming the new normal, while resilience is becoming a prized asset in any organisation.

“The future supply chain professional will embody a versatile set of skills that transcends anything their predecessors had. From harnessing data-driven insights to reimagining network structures, they stand at the forefront of leveraging innovation for optimised operations,” Tsholofelo says.

“Their role extends beyond the boardroom, as they will have to collaborate with cross-functional teams and bridge the gap between evolving technologies and human expertise. The future supply chain professional is not merely a responder to change, but a proactive agent of it.”

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About The Chartered Institute for Procurement & Supply:

We are CIPS, the Chartered Institute for Procurement & Supply. A global membership organisation driving positive change across our profession.

We are the voice and standard, defining and amplifying best practice across all our worlds.

As the awarding body for the profession we lead in education and training. Helping professionals advance their ambition.

We provide insights, information and tools. Enabling members to develop their own best practice.

We help build capability within organisations. Interrogating, troubleshooting and training.

Through all our work, we build a community. A global network of professionals powering procurement and supply so our societies can thrive.

Join CIPS, for your career, and the profession.

CIPS contact: Paul Vos, GM

PR by Transform Marketing 

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