Supply Chain Management Webinar (1 Hour)

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: 

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
Bottom
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
1.00
NASBA Field of Study: 
Finance