Accenture: providing expert supply chain consulting
The global professional services firm, Accenture, works with clients to deliver innovative supply chain strategies that enables profitable growth.
Accenture operates across a diverse range of industries to provide innovative supply chain strategies that allows its clients to achieve significant profitable growth through new and existing markets and flexing its strategy, digital, technology and operations capabilities. As a Fortune 500 company, Accenture has a multi-billion-dollar supply chain and has significant purchasing power that drives positive change on a global scale. As the world shifts to become more technological, companies now rely on a greater supply network rather than a supply chain.
With a drive to help clients accomplish high performance through supply chain mastery, Accenture Strategy combines global industry experience and skills in supply chain strategy to enable organisations to transform their supply chain capabilities. Accenture works with its clients to introduce innovative solutions that align its operating models to support business strategies, optimise global operations and accelerate the skills and capabilities of the supply chain workforce.
Accenture also values its sustainability initiatives and is well-placed to enable organisations to utilise sustainability as a lens to create value in a digitally disrupted world which drives innovation and growth. Speaking to Supply Chain Digital in the latest edition of the magazine, Kai Nowosel, Chief Procurement Officer of Accenture, said: “With a multi-billion-dollar supply chain, Accenture has the purchasing power to drive positive change on a global scale, creating a more economically inclusive world and helping to shape the future of procurement. Our ambition is to shift the culture of buying both inside and outside Accenture, while generating long-term value for our clients, suppliers and communities. By improving the efficiency of our operations, harnessing the innovative spirit of our people and developing new sustainability solutions, we aim to accelerate the global shift to a low-carbon economy and to lessen the effects of climate change.”
Helping organisations to achieve business and societal value through sustainability, Accenture focuses on improving value creation from sustainability solutions in key areas, such as:
- Circular economy and resource effectiveness
- Trust, transparency and traceability
- Digital trust and responsibility
- Sustainable value
“Accenture is using the power of new technologies such as AI, blockchain and extended reality to address a variety of complex societal challenges in areas including health, human rights, inclusion and environmental sustainability,” added Nowosel. “We believe through these technologies we can create solutions that make a positive, lasting impact for people and communities in ways that were not previously possible. We are going beyond responsible buying.”
Through its services, Accenture brings together strategy, operating model, process and technology enablement:
- Supply Chain Vision and Strategy – the design and implementation of the corporate vision into supply chain strategies in order to achieve high performance in traditional supply chains and service operations.
- Supply Chain Operating Model – architecting a blueprint that ties closely to the supply chain vision and strategy for efficient supply chain processes and execution.
- Supply Chain Value Transformation and Optimization – unlocking value in supply chain processes and service operations through a transformation journey to recognise the critical path to achieving value.
- Control Tower Design and Value Realization – modelling a control tower which Accenture understands is vital to be successful in the new volatile environment.
- Digital Supply Chain – introducing opportunities of digital disruption and helping clients transform linear supply chains into digital supply networks.
For more information on all topics for Procurement, Supply Chain & Logistics - please take a look at the latest edition of Supply Chain Digital magazine.
The Talent War for Skilled Tech Workers
Post-pandemic, our biggest problem might be a lack of skilled tech talent. As companies move forward with their digital transformation plans, they aim to hire new staff and train their current employees. Out of 750 UK companies polled in a Studio Graphene digital report, 45% plan to hire new tech staff in the next 12 months and more than half (53%) intend to invest in training for their current workers.
Companies are realising that their survival now depends on a limited pool of qualified technology workers. Among the hardest-hit economies are those in Brazil, Indonesia, and Japan, but even the United States and the UK will experience the squeeze. “It’s pure supply and demand”, said Alan Guarino, a Korn Ferry vice-chairman. “Companies are paying more...but there’s still a shortage of high-skilled workers. Technology is the thread that runs across every aspect of business”.
Which Jobs Are In Demand?
According to a 2021 IT salary report by Robert Half Technology, the most in-demand tech jobs of the year include information security professionals, cloud architects, database administrators, systems analysts, and DevOps engineers, among others. But in those fields, it’s difficult to find hires with significant experience, multiple specialisations, and a high level of expertise. And multinationals such as Google, Apple, and IBM usually scoop them up.
Regardless of the exact role, companies need workers who can implement advanced security systems, target cloud and network vulnerabilities, document risk points and failures, and abide by new industry tech regulations. This will likely mean that companies start to take certifications like the ones pioneered by Google and Amazon, instead of insisting on four-year undergraduate degrees.
But even as coding boot camps and year-long certification programmes have ramped up to try to close the gap, smaller tech firms and startups struggle to compete with their bigger counterparts. Remote work doesn’t help matters. “Hire-from-anywhere policies will only heat up a tight candidate market”, said Ryan Sutton, a district president of technology staffing services at Robert Half. “Companies who were already having a hard time recruiting are no longer just working against local competitors, but potentially desirable companies across the country”.
How Can CIOs Solve the Crisis?
As governments try to do their part—Poland offers residency and potential citizenship to skilled tech workers, India offers broad IT, telecommunications, and cybersecurity programmes, and the Netherlands lets its foreign employees earn 30% tax-free income—company executives must take measures of their own.
Some CIOs have started looking to other countries to source expert talent. In the United States, where 80% of U.S. employers state that tech recruiting is a significant challenge, some firms are looking to Mexico, where 20% of college graduates have engineering degrees. As a result, tech companies such as Cisco and Intel have sourced labour from both the U.S. and Mexico.
To compete, here are some first steps:
- Invest in cybersecurity and cloud development training programmes
- Hire based on skills and expertise, not necessarily degrees
- Outsource to other countries with high percentages of skilled engineers and programmers
Overall, companies that broaden their search for talent and upskill their current employees will be best equipped for digital transformation. As Ritam Gandhi, founder and director of Studio Graphene, said: “Our research shows that, on the whole, UK businesses have adopted a long-term mindset [towards] technology and innovation”.