- Introduces the concept of the strategy-driven supply chain by exploring the effect of a poor strategy on supply chains and how strategy should translate into supply chain design
- Offers practical guidance on implementing the strategy-driven supply chain concept in an organization from the top down or bottom up
- Emphasises the need for strategic integrated value planning and execution as the next step beyond S&OP and IBP
- Explores the financial context of how Return on Capital Employed (ROCE) links to other financial metrics and targets like growth, EBITDA and free cash flow
- Builds and fully expands on the fundamental concepts of Bram DeSmet's previous book, Supply Chain Strategy and Financial Metrics
The Strategy-Driven Supply Chain
Integrating Strategy, Finance and Supply Chain for a Competitive Edge
Design a new mission and purpose for the supply chain with this actionable guide to integrating strategic, financial and operational planning.
Key features at a glance
EAN: 9781398600454
Edition: 1
Published:
Format: 235x156
320 pages
About the book
Different strategies lead to different supply chains, and a lack of strategic choices leads to a blurred focus. This book introduces the concept of the 'strategy-driven supply chain', which changes the role of supply chain from operational-tactical to tactical-strategic.
Building on the fundamentals of the author's previous bestselling book, Supply Chain Strategy and Financial Metrics, this new work defines a mission and purpose for supply chain management which puts supply chain at the heart of the triangle of service, cost and cash. The Strategy-Driven Supply Chain explains the need for integrated value planning and execution as the next step beyond S&OP and IBP and how to use a strategy-driven scorecard with a focus on Return on Capital Employed (ROCE) as the overall value metric.
The Strategy-Driven Supply Chain includes numerous tools to put these ideas into action, including a method to analyse financial metrics and compare them to key competitors, and exercises to define an organization's strategic choices (or lack thereof). It also features real-life examples of how to use the supply chain triangle to engage sales, finance and operations and case studies that illustrate the impact of strategy on the supply chain and financial metrics. This practical guide outlines a seven-step approach to integrating the people, process, tooling and analytics aspects of the change journey to the strategy-driven supply chain.
About the authors
Dr Bram DeSmet is the CEO of Solventure where he helps global production and retail organizations in the domain of Strategy, Supply Chain and Operations. He is a Professor in Operations & Supply Chain Management at Vlerick Business School, Belgium and a visiting Professor at Peking University, China.
The Strategy Driven Supply Chain book is another masterpiece and must read for Business Executives and Supply Chain Professionals who want to integrate strategy, finance and supply chain in order to create a competitive edge for their organizations. The integrated value planning and execution model (IVP& E) has the potential to become the main business management process for companies in future.
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