January 2022 saw the launch of the four-year Procurement Initiative cooperation project between the Munich-based management consultancy H&Z and the Institute for Supply Chain Management. The Procurement Initiative sees itself as a modern think tank at the interface of entrepreneurial action and political decisions in order to shape the future of procurement management. The ISCM-HSG is driving this project with a renowned cooperation partner and a circle of leading CPOs in Europe.
Looking back to 2022, the team has already achieved important first milestones in the cooperation project. In addition to the development of a new website (https://www.procurementinitiative.org) and a LinkedIn channel (https://www.linkedin.com/company/the-procurement-initiative), these include the development of many important insights from practice for practice. The latter were compiled by broadly put on interview, inquiry and Workshop series together with procurement experts to the focus topics Resilienz, lastingness and value contribution. Excerpts from the project work are presented briefly below.
The study "Economic Impact of Rising Inflation and Savings Expectations on German SMEs and Ways Foward" identified levers for managing inflation. In addition, the study highlights selected developments surrounding the topic of "inflation" from an economic perspective and quantifies the additional financial burden on small and medium-sized (SMEs) companies in Germany. The result: the financial burden ranges from 113 to 228 billion euros per year. The study is available at the following link: http://www.alexandria.unisg.ch/266313/.
The "State of Supply Chain Resilience" study - based on a broad survey of over 100 purchasing managers in the DACH region - investigated the vulnerability of the companies surveyed to disruptions and determined which capabilities have been built up to manage these risks. In this context, the study elaborates an assessment tool that can be used by practitioners to determine their own level of supply chain resilience. The study can be downloaded from the following link: https://www.alexandria.unisg.ch/266744/.
The Pulse Check Q4/2022 study assessed the sentiment of decision makers in the procurement and supply chain environment regarding supply chain resilience, inflation-related cost increases and the importance of sustainability measures. Based on a broad survey of 191 procurement executives, the study provides a comprehensive picture of current pressure points and possible solutions and can be downloaded from the following link: https://www.alexandria.unisg.ch/267913/.
H&Z Management Consulting