Supply Chain Management Self-Study Webinar

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

DETAILED LEARNING OBJECTIVES

• Understand the major challenges impacting modern supply chains

• Identify key roles of FP&A in supply chain management

• Recognize technologies that enhance accuracy in demand forecasting

• Understand the importance of scenario planning in supply chain risk mitigation

• Identify the benefits of cloud-based SaaS platforms for supply chain management

• Understand the role of Generative AI in enhancing supply chain processes

• Recognize strategies FP&A teams can use to support decision-making in supply chain management

• Understand how integrated business planning (IBP) aligns with FP&A activities for better strategic outcomes

• 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