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Supply Chain Strategy and Financial Metrics is a step-by-step guide
to balancing the triangle of service, cost and cash which is the
essence of supply chain management. Supply chains have become
increasingly strategy-driven, and this Supply Chain Triangle
approach puts the supply chain at the heart of the strategy
discussion instead of seeing it as a result. Supply Chain Strategy
and Financial Metrics fully reflects the 'inventory' or 'working
capital' angle and examines the optimisation of the supply chain
and Return on Capital Employed. Including case studies of Barco,
Casio and a selection of food retail companies, this book covers
building a strategy-driven KPI dashboard, target setting and
financial benchmarking. Regular examples and diagrams illustrate
how different types of strategies lead to different trade-offs in
the Supply Chain Triangle. This ground-breaking text links supply
chain, strategy and finance through financial metrics, therefore
creating value for the shareholder. Online supporting resources
include worksheets covering basic financial concepts such as cash
flow and working capital, with example data sets and
guidelines/exercises to make it interactive.
Different strategies lead to different supply chains, and a lack of
strategic choices leads to a blurred focus. This book introduces
the concept of the 'strategy-driven supply chain', which changes
the role of supply chain from operational-tactical to
tactical-strategic. Building on the fundamentals of the author's
previous bestselling book, Supply Chain Strategy and Financial
Metrics, this new work defines a mission and purpose for supply
chain management which puts supply chain at the heart of the
triangle of service, cost and cash. The Strategy-Driven Supply
Chain explains the need for integrated value planning and execution
as the next step beyond S&OP and IBP and how to use a
strategy-driven scorecard with a focus on Return on Capital
Employed (ROCE) as the overall value metric. The Strategy-Driven
Supply Chain includes numerous tools to put these ideas into
action, including a method to analyse financial metrics and compare
them to key competitors, and exercises to define an organization's
strategic choices (or lack thereof). It also features real-life
examples of how to use the supply chain triangle to engage sales,
finance and operations and case studies that illustrate the impact
of strategy on the supply chain and financial metrics. This
practical guide outlines a seven-step approach to integrating the
people, process, tooling and analytics aspects of the change
journey to the strategy-driven supply chain.
Different strategies lead to different supply chains, and a lack of
strategic choices leads to a blurred focus. This book introduces
the concept of the 'strategy-driven supply chain', which changes
the role of supply chain from operational-tactical to
tactical-strategic. Building on the fundamentals of the author's
previous bestselling book, Supply Chain Strategy and Financial
Metrics, this new work defines a mission and purpose for supply
chain management which puts supply chain at the heart of the
triangle of service, cost and cash. The Strategy-Driven Supply
Chain explains the need for integrated value planning and execution
as the next step beyond S&OP and IBP and how to use a
strategy-driven scorecard with a focus on Return on Capital
Employed (ROCE) as the overall value metric. The Strategy-Driven
Supply Chain includes numerous tools to put these ideas into
action, including a method to analyse financial metrics and compare
them to key competitors, and exercises to define an organization's
strategic choices (or lack thereof). It also features real-life
examples of how to use the supply chain triangle to engage sales,
finance and operations and case studies that illustrate the impact
of strategy on the supply chain and financial metrics. This
practical guide outlines a seven-step approach to integrating the
people, process, tooling and analytics aspects of the change
journey to the strategy-driven supply chain.
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