Korn/Ferry has long been a force in the market for finding supply chain management talent. Globally, we have performed about 900 supply chain searches in the past five years, an average of over three per week. Supply chain management expertise has become a key market differentiator for top performing companies in virtually every industry. Benchmarking statistics show that best-in-class supply chain performance companies are on average 40 to 50 percent more profitable than median performing companies, and enjoy much shorter cash cycle times, significantly faster turnover of inventory, and much lower total supply chain costs. Trends such as globalization, outsourcing and movement of sourcing to low-cost regions have all led to more complexity in supply chains and an even greater need for proven talent.
Korn/Ferry’s Supply Chain Center of Expertise focuses on meeting the cross industry functional talent needs in supply chain as well as general management talent needs for the vertical market companies that perform supply chain services for other companies. Functional needs include the talent necessary to lead the end-to-end integrated supply chain functions of Demand Planning and Management, Sourcing, Procurement, Manufacturing (internal and outsourced), Distribution and Logistics, Quality, Operations Excellence, and Customer Service. Most of these functions occur in every company that has a supply chain, whether it is Industrial, Consumer, Life Sciences, Technology, Healthcare or Financial Services.
Vertical market companies that perform supply chain services include transportation companies (rail, truck, ocean, air), third party logistics (3PL) providers, public warehousing and storage companies, and supply chain consulting companies.