Successful management of supply chain relationships and risks is critical to succeed, and indeed survive especially in difficult business conditions. There is not a ‘one size fits all’ supply chain solution – innovative strategies and tactics vary from company to company. Management accounting practices must support this reality rather than being rooted in traditional organisational settings. Management accountants need to work with their management colleagues to support development of greater supply chain advantage.
This new publication from Professor John Cullen was the focus of a CIMA Infocast interactive web seminar (in association with AICPA and CMA) which went out live on Thursday 24 September.
Participants were able to access practical knowledge about managing risks and reaping the rewards including:
* evaluating your strategic positioning to take a holistic view of the supply chain
* performing value chain analysis of your capabilities and supplier performance and identify key opportunities and risks associated with your supply chain
* developing an effective supply chain strategy
* implementing changes, performance monitoring and continuous improvement