Supply Chain Management Webinar
Overview
Procurement and supply chain management teams are responsible for more than just driving down costs. They're also accountable for boosting customer satisfaction, mitigating supplier risk for responsible outsourcing, and freeing up working capital. In this webinar, an expert will explore the benefits of digital technology, advanced analytics, and modern processes for improving the procurement and supply chain experience, with a focus on:
- Responding to today's supply chain challenges
- Enabling a company's agility
- Methodologies for flexible planning
Objective
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To provide businesses with guidance on the benefits of digital technology, advanced analytics, and modern processes for improving the procurement and supply chain experience.
SPEAKER:
Andrea Vardaro Thomas, Director, BPI Finance, Protiviti
Emphasis
-
What Are The Current Challenges?
– Market uncertainty, price
volatility and inflation
– Geopolitical risks
– Vendor concerns (single
source, material shortages,
etc.)
– Labor shortages
– Other (weather, operations,
etc.) -
Long-Term Impacts of Supply Chain Disruptions
– The impact on operating
income, sales growth, costs,
and stock valuation -
How Are Companies Responding?
– Raising prices
– Absorbing costs
– Stockpiling
– Adding new vendors
– Frequent forecasting
– Advanced/predictive
analytics -
Key Attributes to a Company's Agility
– Real-time data
– Technology
– Talent
– Relationships with vendors -
Agile Planning Approaches
– Demand forecasting
– Integrated business planning
– Scenario planning
– Rolling forecast:
– Better visibility for future
year growth
– Adaptability to changing
market conditions
– Rationalized forecast cycles
– Reduced complexity
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