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Supply Chain Strategy and Financial Metrics: The Supply Chain Triangle Of Service, Cost And Cash [Pehme köide]

  • Formaat: Paperback / softback, 288 pages, kõrgus x laius x paksus: 235x155x15 mm, kaal: 435 g
  • Ilmumisaeg: 03-May-2018
  • Kirjastus: Kogan Page Ltd
  • ISBN-10: 0749482575
  • ISBN-13: 9780749482572
Teised raamatud teemal:
  • Formaat: Paperback / softback, 288 pages, kõrgus x laius x paksus: 235x155x15 mm, kaal: 435 g
  • Ilmumisaeg: 03-May-2018
  • Kirjastus: Kogan Page Ltd
  • ISBN-10: 0749482575
  • ISBN-13: 9780749482572
Teised raamatud teemal:
Supply Chain Strategy and Financial Metrics is a step-by-step guide to balancing the triangle of service, cost and cash which is the essence of supply chain management.

Supply chains have become increasingly strategy-driven, and this Supply Chain Triangle approach puts the supply chain at the heart of the strategy discussion instead of seeing it as a result.

Supply Chain Strategy and Financial Metrics fully reflects the 'inventory' or 'working capital' angle and examines the optimisation of the supply chain and Return on Capital Employed. Including case studies of Barco, Casio and a selection of food retail companies, this book covers building a strategy-driven KPI dashboard, target setting and financial benchmarking. Regular examples and diagrams illustrate how different types of strategies lead to different trade-offs in the Supply Chain Triangle. This ground-breaking text links supply chain, strategy and finance through financial metrics, therefore creating value for the shareholder. Online supporting resources include worksheets covering basic financial concepts such as cash flow and working capital, with example data sets and guidelines/exercises to make it interactive.

Arvustused

"This book is a milestone in the evolution of supply chain planning literature. It presents a comprehensive methodology for connecting supply chain improvements to business performance, a topic that has not been often addressed. I would recommend this book as a must-read to all supply chain practitioners." * Harpal Singh, CEO, Arkieva * "A very timely book. As the fundamentals of supply chain are being redefined by the digital revolution, it is absolutely needed for supply chain executives to become much more proficient with the financial metrics of supply chains to assess the benefits and costs of those technologies. Metrics beyond cost, like cash, are going to define the future evolution of digital supply chains and change current practices dramatically." * Prof. Dr. Carlos Cordon, LEGO Professor of Strategy and Supply Chain Management, IMD * "This book is a great contribution in the evolution of business and supply chain excellence to a more holistic approach to create sustainable business performance and results. It provides a clear picture and extensive guidance for leaders to connect all the dots of a chosen business strategy with a supply chain strategy, and links this to the right business performance measurement. Prof. Dr. Bram DeSmet has created a masterpiece which can be used for any business transformation and I am convinced that winning companies will implement the methods described in the book as part of their business excellence journey towards sustainable success." * Frank Vorrath, VP Global Supply Chain, Johnson Controls * "This book provides a practical guide towards formulating and implementing Supply Chain Strategy; highly recommended for all supply chain professionals!" * Prof. Dr. Jack van der Veen, Evofenedex chair Supply Chain Management, Nyenrode Business Universiteit * "Excellent companies have more than good products and marketing, above all they have a perfect supply chain. By using the supply chain triangle of Bram DeSmet, organizations can fulfil their promises to their customers. The supply chain triangle takes care of the right balance between service to customers, the costs customer are willing to pay and the cash the organization must generate to be able to exist and to innovate." * Michel Van Buren, Managing Director, BLMC & Solventure, Netherlands * "Improving service, while optimizing cost and working capital is the mission of supply chain at Owens Corning. The supply chain triangle introduced in this book captures the dynamics involved and what are the strategic limitations. A must-read for any supply chain professional." * Tony Heldreth, VP Supply Chain, Owens Corning *

List of figures
xi
List of tables
xix
About the author xxi
Foreword xxiii
Frank Vorrath
Foreword xxv
Johan Heyman
Preface xvii
Acknowledgements xxix
Introduction 1(8)
01 The Supply Chain Triangle of service, cost and cash
9(34)
What is supply chain management?
9(3)
The Supply Chain Triangle
12(4)
Companies struggle with balance in the triangle
16(2)
Traditional organizations cause tension in the triangle
18(2)
Increased tension in the triangle as growth stalls
20(2)
Expanding the triangle from cash to capital employed
22(3)
Aligning the triangle is about optimizing ROCE
25(2)
Accounting basics: inventory, working capital, and cash generation
27(14)
Conclusion
41(1)
References
41(2)
02 Strategy in the Supply Chain Triangle
43(34)
Treacy and Wiersema's three strategic options
43(5)
Mapping Treacy and Wiersema to the Supply Chain Triangle
48(6)
Linking the three strategies back to ROCE
54(1)
Case study: Barco
55(5)
Case study: Casio
60(3)
Strategies: to change or not to change?
63(1)
Case study: Food retail companies
64(7)
Conclusion
71(1)
Case study: Owens Corning
71(3)
Notes
74(1)
References
74(3)
03 Financial benchmarking in two dimensions
77(18)
Benchmarking in two dimensions
78(3)
Which KPIs to include in a benchmark
81(11)
Conclusion
92(1)
Reference
93(2)
04 Financial target setting in two dimensions
95(18)
Adding `indifference' or `bang-for-the-buck' lines to the EBIT/inventory graph
96(15)
Conclusion
111(2)
05 The impact of strategy on financial benchmarking and target setting
113(34)
Mapping Treacy and Wiersema to the EBIT% vs inventory turns graphs
114(10)
Mapping Treacy and Wiersema to the EBIT% vs CCC graphs
124(4)
Mapping Treacy and Wiersema to the EBIT% vs fixed asset turns graph
128(7)
Conclusion
135(1)
Case study: Henkel
136(4)
Case study: Bekaert
140(5)
References
145(2)
06 Redefining the service corner as a value corner
147(26)
Redefining the service corner as a value corner using Treacy and Wiersema
148(2)
Redefining the service corner as a value corner using Crawford and Mathews
150(11)
Defining metrics for each of our value drivers
161(5)
Conclusion
166(6)
References
172(1)
07 Building a strategy-driven KPI dashboard
173(40)
Defining financial metrics for the cost side and the capital employed side of the triangle
173(4)
Building our strategy-driven KPI dashboard
177(13)
Understanding the impact of strategy on the dashboard
190(7)
Comparison with the SCOR model
197(10)
Conclusion
207(1)
Case study: Johnson Controls
208(4)
References
212(1)
08 Implementing the strategy-driven supply chain
213(36)
Strategy and supply chain in the 1990s
214(4)
A shift in thinking: from agile to strategy-driven supply chains
218(10)
Defining your strategy-driven supply chain
228(14)
Implementing your strategy-driven supply chain
242(1)
Conclusion
243(1)
Case study: The Strategy Compass
244(4)
References
248(1)
Index 249
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.