File Name: supply chain strategy and financial metrics desmet.zip
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. Supply chains have become
Companies are struggling to balance service to customers, supply chain costs, and inventory, a balancing act I depict as the supply chain triangle of Fig- ure 1. First, the company needs to deliver service to customers, the quality of which is af- fected by the lead time between order and receipt, the reliability of that lead time, the breadth of our product portfolio, and the flexibility of the ordering process. Second, it tries to deliver that service at minimal cost. Third, since the financial crisis, companies are increasingly concerned with their in- ventory position, which forms the major element of their working capital. In their book The Discipline of Market Leaders , Treacy and Wiersema ar- gue that a firm can only be successful if it pursues a particular long-term strategy. Table 1 summarizes the features of each.
more proficient with the financial metrics of supply chains to assess the benefits and costs of By using the supply chain triangle of Bram DeSmet, organizations can fulfil cost of manual labour with a lower cost per unit after the automation.
An overview of big data analytics application in supply chain management published in This study reviews the available literature regarding big data analytics applications in supply chain management and provides insight on topics that received a good deal of attention and topics that still require investigation. This review considers the expansion of big data analytics in supply chain management from to
It presents a comprehensive methodology for connecting supply chain improvements to business performance, a topic that has not been often addressed. I would recommend this book as a must-read to all supply chain practitioners. As the fundamentals of supply chain are being redefined by the digital revolution, it is absolutely needed for supply chain executives to become much more proficient with the financial metrics of supply chains to assess the benefits and costs of those technologies.
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