Sathyanarayanan Ramesh’s Post

Curious to hear what working at Capgemini Invent is like? Watch this video to hear my story 😉 For further questions do not hesitate to send me a message!

KPMG India, one of India’s leading professional services firms, and Arkieva, a global leader in #supplychain #planningsolutions, recently announced a #strategicalliance to deliver successful #supplychain transformation projects. The #alliance will look to help businesses unlock the complete potential of their #supplychains and enable #smarter, resilient, and future-ready #supplychainecosystems. From #planning to #delivering, Arkieva’s technology and advanced analytics-enabled supply chain planning solutions, combined with KPMG in India’s strength in Business Consulting, the alliance will help businesses plan more proactively and enable them to have a clear single view over the entire #supplychain, which includes #Demand, #Supply, and S&OP (Sales and Operations Planning visibility). Also, it will help #optimize assets to lower costs, enable faster #decisionmaking, and #capitalize more quickly on #marketopportunities. KPMG India Arkieva Akshat Bal Dikshit PMP CSCP DDPP Ashith Hegde Vidya Mohan Kristan Theile #supplychain #AI Rhea Sachdeva https://lnkd.in/d2bzSHzc

I’m thrilled to share a bit about my professional journey and the incredible experiences I've had at KPMG over the past 10 months. One of the most significant projects I worked on involved optimizing a client's supply chain. When the client initially approached us with this challenge, I embraced the opportunity with a confident attitude, despite having no prior experience in supply chain optimization. Here are some key learnings from this journey: Embrace Challenges with Confidence: When tasked with supply chain optimization, I dove into extensive research to understand our current processes and benchmarked them against competitors. This initial step was crucial in identifying where improvements were needed. Focus on Problem-Based Solutions: I conducted a root cause analysis (RCA) across all involved processes—manufacturing, logistics, inventory management, and more. By pinpointing areas where we were losing money, I could devise solutions that addressed the problems holistically, rather than focusing on individual verticals. Implementing Comprehensive Strategies: Starting with manufacturing, I identified inefficiencies and implemented automation to increase efficiency and reduce waste. For logistics, we optimized the network using Optilogic, which took 2-3 months to implement but resulted in a streamlined logistics plan. We also explored direct delivery options and conducted a greenfield analysis to determine optimal warehouse locations, ultimately reducing freight costs. The final step was providing a detailed plan for setting up a new manufacturing unit, highlighting potential savings and efficiency gains. This project was a transformative experience, teaching me the importance of thorough research, problem-solving, and strategic implementation. It also reinforced my passion for tackling complex challenges and delivering impactful solutions. I'm excited to connect with fellow professionals and exchange insights on supply chain optimization and strategic consulting.

Supply Chain Digital takes a look at the top 10 supply chain consulting firms, which include Accenture Boston Consulting Group (BCG) Deloitte KPMG and McKinsey & Company See the list: https://lnkd.in/eVbWva97 #Consultants #Strategy #Efficiency

Supply chain network optimisation - Why now is the time to optimise your supply chain footprint. Here at KPMG we have been helping clients navigate the supply chain questions all boards and c-suite executives have been asking. Whether it's to improve efficiency and reduce cost in the present, create an agile network for the future or start the digital twin journey. To find out more about our supply chain network optimisation capability, please get in touch with myself or Ellen Bryant. #supplychain #logistics #supplychainnetwork #sustainability #kpmguk #supplychaintechnology #supplychainstrategy

Looking to optimise your Supply Chain. Might be worth a conversation with Iain and Ellen.

Have you noticed the growing focus on Procurement Excellence initiatives recently? I've really noticed that there is more talk and hiring going on around roles that focus on the intersection of people, processes and technology. However, there is still a lack of understanding of where this will lead us in the evolution of the #procurement skill set. I've had some very interesting conversations with respected professionals from across the #digitalprocurement ecosystem on this subject recently, some of which are reflected in my observations in this video (see the link in the comments below). If you would like to contribute to or discuss my research on this subject please get in touch directly. Edbury Daley #procurementexcellence #procurementtech #proctech #cpo #procurementleaders

CPOs will need to focus on operating model performance, GenAI, supplier partnerships and sustainability while balancing supply security and cost. In Brief: As 2024 begins, supply chain procurement priorities need to reflect a shifting economic and social environment. EY identified five priority actions for Chief Procurement Officers as they respond to procurement future trends and challenges. CPOs should review business models, leverage GenAI, develop strategic partnerships, drive sustainability, and balance supply resilience with cost-efficiency. I n the rapidly evolving landscape of supply management, economic and social crises, the focus of Chief Procurement Officers (CPOs) and their teams is continuously shifting. As 2024 gets under way, it is time to take a closer look at procurement future trends that will define the CPO agenda this year. In this article, we delve into five emerging priority actions. Our strategic analysis of these five key areas will provide valuable insights for procurement leaders, enabling them to drive efficiency and effectiveness in the future procurement landscape.

The latest report from The Hackett Group Inc. shows procurement leaders are refocusing on improving spend cost reduction, as businesses continue to struggle to grow revenue while dealing with high interest rates, fears of recession, and a potential for labor and skill shortages. Are you looking at technology, including GenAI, to quell fears and fill some of these gaps? With companies focused on how to reduce costs and increase margins, improving supplier relationship management and third-party risk, improving sourcing to get the lowest prices, and integrating procurement technology into your processes are good places to start. Check out the report for more insights: https://hubs.ly/Q02n09rL0 #procurement #costreduction #digitaltransformation

Procurement leaders face ongoing challenges in 2024, requiring constant adaptation. This McKinsey & Company article addresses these challenges and provides a toolkit with proven strategies and action plans to help businesses drive sustainable impact in their procurement functions in the coming years. 💻 Read the full article to learn more: https://lnkd.in/euD_GPPM