CN - Brochure 2020

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Precision railroading. Procurement maturity Project partners


Precision railroading. Procurement maturity Paul Harridine, VP of Procurement and Supply Management at CN, tells CPOstrategy how a transformation will bring procurement maturity and stability for the backbone of the economy...

Written by

Dale Benton

Produced by

Richard Deane

CN : Pre cision railroading. P rocurement mat u r i t y


3


T

he discussion around procure-

more internally, or if you’re operating

ment transformation is seemingly

with a very high margin, then there is less

on a neverending upward curve.

incentive to look at building your procure-

More and more businesses the world

ment competencies or to look at your

over are investing in procurement trans-

procurement costs” he adds. “In the end,

formation and while this is not an entirely

it comes to every business, even those

new concept, it has certainly become the

with an extreme competitive advantage

talking point for procurement profession-

in a market. At some point, competitors

als and most importantly CEOs and CFOs

catch up and you have to be effective and

right now.

procurement expertise is key to that.”

“The fact of the matter is, when it comes

With a team of around 24,000 railroad-

to a procurement transformation journey

ers which transport more than C$250

there’s a really good return on invest-

billion worth of goods annually for a wide

ment for it,” explains Paul Harridine, VP of

range of business sectors, across a rail

Procurement and Supply Management

network of approximately 20,000 route-

at CN. “For one reason or another, a lot of

miles spanning Canada and mid-Amer-

sectors have never thought about it thor-

ica, CN is undoubtedly a market leader.

oughly. However, for sectors like auto-

Throughout times of crisis, and 2020 in

motive it’s been a core competence for a

particular is a year beset by crisis, CN has

long time, as it goes without saying that

a responsibility to continue to operate

procurement is key if your whole busi-

and to deliver on its promises perhaps

ness model relies on a high proportion of

more so than most other businesses..

costs being with suppliers. If you weren’t

CN has always been an extremely

good at Procurement you wouldn’t

effective business from an operations

survive very long.”

point of view and has led the industry for

Harridine acknowledges that while the

a number of years. Like all businesses,

benefits are as plain as day for a sector

the level of improvement or the speed of

like automotive, for other sectors with

improvement over time starts to slacken

entirely different business models, it

off. From an operational point of view, the

takes longer for the procurement penny

business recognised the need to look

to drop. “If you are a nationalised industry,

at other areas where it could improve.

if your business has a fairly small propor-

Continuing to drive what CN calls “preci-

tion of its costs with suppliers and much

sion scheduled railroading” could only

CN : Pre cision railroading. P rocurement mat u r i t y


5


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7


“ The fact of the matter is, when it comes to a procurement transformation journey there’s a really good return on investment for it” — Pau l Ha rri d ine V P P ro cu rem ent a nd Supply Ma na gem e nt at C N

take the business so far, for so long,

transformation journey. It can even be the

having been the leader in this for around

most challenging, but Harridine speaks

20 years. With more than $6 billion of

of a business that hadn’t really tried to

external spend each year, this is why, in

professionalise its procurement supply

2017, a decision was made to embark on a

management function prior to 2016. This

procurement transformation journey

apparent gap in performance between

CN engaged PwC to look at how it

what’s happening now and what the

might drive its procurement performance.

potential could be was by his own admis-

This process began in 2016, and as part

sion ‘pretty large.’ During this period the

of this journey CN sought to recruit a VP

business strategy hasn’t changed,” he

of Procurement and Supply Management

adds. “We’ve always been about growth,

that had experience of transforming

based on a foundation of precision

procurement in different environments.

scheduled railroading.

This is where Harridine entered the fray.

“Occasionally, you do get into business

A common question is often why now?

cycles where you suffer a temporary blip,

Understanding why, is the first step in any

but again, the long-term trend is growth.

CN : Pre cision railroading. P rocurement mat u r i t y


So there wasn’t any Eureka moment. The

committee members to make sure they

business just recognised that procure-

were all fully aligned to what it was we

ment investment was the way forward.”

wanted to do,” he says. “I also had to

To begin with, PwC worked with CN

engage with the team, and that was prob-

on a maturity profile, which highlighted

ably one of the most important steps,

different process and system areas

because there was a certain amount of

where the company was, relative to so

insecurity, given that the existing ways

called ‘world-class’ procurement func-

of working had been around a long time

tions. This initial benchmarking and

and you’ve got consultants coming in and

foundational work saw the two compa-

talking about organisational changes, and

nies draw up a roadmap. With Harridine

a new boss arriving. The ownership of the

coming on board, he admits he needed

transformation by the team is probably

to hit the ground running pretty fast.

the biggest factor in terms of how effec-

“We were able to get the endorsement

tive it will be.”

from the board and I then subsequently took that around the various executive

Trust is something that doesn’t come overnight, and a common challenge for 9


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CN : Pre cision railroading. P rocurement mat u r i t y

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many procurement professionals is build-

function leading these changes, the team

ing credibility. As Harridine admits, you

sees the success and is part of the solu-

start with a certain amount of credibility

tion and as success builds, it becomes

because you’ve been brought in by the

self-sustaining. In this regard, it moves

CEO and the CFO, but this only takes you

away from it being a top down initiative

so far. While this is crucial to success, it’s

towards a more bottom-up, collaborative

ultimately the responsibility of the people

approach with teams driving their own

in the function to make it happen. “That’s

targets and managing their own priorities

about building relationships. Trust doesn’t

toward the overall vision and objectives

exist in a vacuum and it tends to come

that are aligned to the corporate strategy,

following a period of delivering. It can

delivering value across the organisation.

take months, maybe even years in some

“From a stakeholder perspective, most

cases,” he says. The team and stakehold-

senior executives will always want to

ers need to buy into the process and so

engage in that discussion,” he says. “How

part of that building of trust is engaging

can I do better with what’s important to

them in the development of the solution.”

my function and my objectives? How can

Whether it’s a category management

I help the business do better overall?

strategy or a new process implementa-

When addressing areas for improvement

tion, Harridine had to make sure that all

it’s also important to not belittle what’s

key stakeholders were on the steering

happened in the past. Almost by defini-

committees and were a part of the work-

tion, people get a bit defensive of what’s

ing groups involved in implementing these

been done prior, so you’ve got to steer

new solutions. With the procurement

away from that as much as possible. The

“ Even through the most difficult of situations during 2020, as the backbone of the economy, we still have that inherent capability to still operate and deliver on behalf of suppliers and consumers and customers to keep the economy going” — Pa u l H arri d i ne V P P rocurem ent a nd Supply Ma na gem e nt at C N

11


key to this is engaging people in developing the solution and how it’s going to help them achieve their own objectives.” CN set out a timeline of three years for this procurement journey and, somewhat naturally, that meant that there were clear objectives that needed to be achieved within this time period. But as Harridine, and CPOs the world over know full well, this journey never stops. Harridine reflects on his previous experience in the automotive industry more than 20 years ago, where the function drove a 3% year-on-year improvement out of the cost base and muses that were he to speak to people there now; they’d still be driving that level of improvement each year. “You never move away from that mentality of how you’re going to drive

delivering on the promise of this trans-

another improvement in the following

formation but he is keen to acknowledge

year and you’re going to keep defining a

that the benefits and the achievements

strategy that allows you to do that,” he

go above and beyond these specific

says.

examples. “We stayed true to the course

“Yes, within the three-year timeframe,

and it’s paying dividends now. In our

we’d set some objectives in terms of

original goals, we were talking about a

redesigning processes, introducing new

100 million dollars of benefits and we

operating systems , expanding the team

have significantly exceeded that. We’ve

and implementing a new operating model.

created value in a multitude of different

As with every transformation, there is

areas that truthfully were not in that orig-

always a financial objective and an ROI

inal roadmap,” he says. “Going back to

associated with the programme .”

that alignment with stakeholders, there’s

Three years into this journey and Harridine can point to key successes,

a lot of different value creation opportunities in procurement that come from that

CN : Pre cision railroading. P rocurement mat u r i t y


alignment. Procurement is so much more than simply setting objectives around

“ I’ve never once thought about trying to do better than our peers in rail. We want to try and set the standard in rail by aspiring to be worldclass. By doing that, we become a true core competence for CN” — Pa ul H arri d i n e

traditional cost reduction .” No journey, no matter how successful in the end, is a seamless movement from point A to point B. That’s true of life and it is true of procurement. Harridine recognises this and is blessed to find himself within a company, and an industry space, that has a strong sense of stability that is intertwined with its very purpose as a business. “Even through the most difficult of situations during 2020, as the backbone of the economy, we still have that inherent capability to still operate and deliver on

V P P ro cu rem ent and Supply

behalf of suppliers and consumers and

Ma n a gem ent at CN

customers to keep the economy going,” 13


he says. And in that sense, there’s a kind

based on lean thinking. It is based on the

of certainty about the business that you

principle in a shop floor context, each

don’t always find in a lot of other business

morning the team gets together to talk

sectors.”

about what the production level needs to

Every crisis and every challenge is an

be that day, what quality issues there may

opportunity to reflect on and look at the

be and communications that need to be

resilience and the effectiveness of the

cascaded? So by having that daily pulse

work you are doing. For Harridine and CN,

on the business, everybody stays very

the current COVID19 pandemic crisis has

close and agile, and if things are happen-

certainly put the procurement function to

ing, everybody knows pretty quickly

the test.

what’s going on and you can reallocate

“Things come along from time to time that obviously test you and the key to

and reprioritise very fast.” Harridine is a firm believer that it’s not

addressing these challenges is having an

simply a case of having a process like this

operating model which is agile enough

in place. Once people are used to it and

to respond. In procurement we have a

use it in the right way, teams work remark-

process called ‘Perform’ which is broadly

ably effectively and become self-starting.

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CN : Pre cision railroading. P rocurement mat u r i t y


“ ... when I look at my function and the people in my team, I’d be amazed if anybody could show a team of people that have responded more effectively to a crisis than at our Procurement and Supply Management function at CN” — Pa u l Ha rri d i n e V P P rocurem ent and Supply Ma na geme nt at C N

“When challenges come, the determin-

function as a whole. Harridine agrees,

ing factor for success is how tight is your

noting that the biggest endorsement of

team?” If your model is effective then

CN’s processes and systems is that it ‘did

the team becomes tighter, he says. “You

not miss a beat operationally’. When one

see people go above and beyond and

considers the number of products and

when I look at my function and the people

services CN purchases, the number of

in my team, I’d be amazed if anybody

suppliers it has, the fact that operationally

could show a team of people that have

the business never stopped as a result of

responded more effectively to a crisis

the supply issue, highlights the robust-

than at our Procurement and Supply

ness of the procurement function.

Management function at CN.” The COVID19 pandemic for many

“People went above and beyond because they’re proud to work in CN and I

procurement professionals has been an

hope they’re proud to be part of the func-

opportunity to reflect on the work that

tion we’re in as well. We all believe in the

the function has been doing. More so, it

direction we’re going in,” he says. “That’s

enabled a sense of endorsement for the

probably the biggest endorsement for 15


us when we look back on 2020. In terms

“We go back to that maturity profile on

of pressure testing our operating model,

a periodic basis because it’s important

I think that the team has come through

to get a sense of progress and reset the

with flying colours.”

direction regularly” says Harridine. “ We’ll

When building or transforming a

do another maturity profile early in the

procurement function, one that aims to be

new year to see where we are and impor-

best in class, it’s important for businesses

tantly, figure out how we move that little

to benchmark against the best of the

bit further up the scale.”

best. The maturity profile looked closely

“I’ve never once thought about trying to

at the quality of CN’s strategic sourcing,

do better than our peers in rail. We want

procurement systems, governance and

to try and set the standard in rail by aspir-

supply performance management. It then

ing to be world-class. By doing that, we

examined it against procurement func-

become a true core competence for CN.”

tions all over the world, across industry and sector.

Outside of continuing to improve processes and efficiencies, sustainability

CN : Pre cision railroading. P rocurement mat u r i t y


is a key goal for CN and for procure-

Elsewhere, procurement at CN is

ment. We have key objectives relating to

exploring how to use technology more

Safety, Diversity and De-carbonisation.

effectively such as artificial intelligence,

As one of the only organisations accred-

robotic process automation and devel-

ited on the Dow Jones Sustainability

oping better data analytics. “If we get

global index, CN is already a strong player

all of those right, combining them with

in this regard but Harridine knows that

the supplier partnerships and supplier

more can be done on this front. “The key

innovation, then even more value will be

to improving our sustainability initiatives

generated,” says Harridine. “And if we

starts by setting targets in these areas

keep building those processes and capa-

and then investing in our people, both of

bilities behind the scenes the benefits will

which I am proud to say we have done.

look after themselves.”

We will only progress if we keep developing our people, our teams and their effectiveness.”

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