Supply Chain Management Self-Study Webinar (1.5 Hours)

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 self-study 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: 

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
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

• 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

Bottom
Price: 
$99.00
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
1.50
NASBA Field of Study: 
Finance