Supply Chain Best Practices

Copy the Best: Supply Chain Benchmarking

• Quantitative vs. qualitative benchmarking
• Types of process frameworks
• Benchmarking against process standards
• Establishing a cross-functional benchmarking team
• Defining performance gaps
• Prioritization and developing a performance road map

Inventory Management & Optimization

• Types of inventory
• Applying procurement strategies that maximize inventory turns
• Speeding the cash-to-cash cycle time
• The financial justification for change
• Supplier relationship management: strategies, approaches, and tools
• Supplier collaboration and your company's culture

Managing Information to Deliver Supply Chain Excellence

• The importance of ERP systems
• Understanding your company’s IT infrastructure and capabilities
• Approaches to internal systems integration
• IT integration with all your suppliers?
• Normalizing, digitizing, and automating, and accelerating the demand signal

A New Paradigm for Outsourcing

• Is your relationship transactional or outcome-based?
• Defining desired outcomes that are measurable
• Developing an effective outsourcing contract
• Designing a pricing model that incentivizes desired behaviours
• Evaluating cost/service trade-offs
• Creating a governance structure that works

Performance Management: Defining, Measuring, & Improving your Results

• Rationale and approach to performance management
• Identifying, defining, and tracking your metrics
• Aligning your metrics with corporate goals: creating a cascading metrics program
• Incentives and continuous improvement

Understanding the Supply Chain

• Supply Chain Definitions
• Customers, competitive advantage and demand
• The Global Supply Chain
• Incoterms 3000 and reducing Risk
• Recognising Risks in the Supply Chain

Identifying Supply Chain Instabilities and Risks

• Internal supply chain risks
• PESTLE risks
• Inventory and financial risks
• Disruption and security risks
• Procurement and logistics risks 

Understanding the Risk Spiral, Reducing Supply Chain Risk

• Consequences, Outcomes
• Analysing the key drivers of risk
• Improving visibility and reducing variability
• Maintaining velocity, Restoring confidence
• Enabling agility and synchronicity in supply chain
• Applying Supplier Relationship Management

Using Risk Management Tools and Techniques

• Risk mitigation matrix and options
• Risk management principles
• The role of Procurement and Supply Chain strategy
• Evaluation and prioritisation of risks
• Developing a risk management culture
• Contingency and risk management planning

Rethinking the Supply Chain

• Supply chain futures and predictions
• China supply chain effects
• Reengineering supply chains end to end to minimise risk
• Organisation development
• Models for change