the strategic cfo and supply chain planning
DESCRIPTION
Traditional supply chain planning was mainly a tactical function, but the recent upheavals in the business landscape have brought forth its strategic importance. It is now time for CFOs to look beyond numbers to improve financial viabilityTRANSCRIPT
© 2012 WIPRO LTD | WWW.WIPRO.COM 1
The Strategic CFO &
Supply Chain Planning
Moving Beyond Numbers
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The Strategic CFO and
Supply Chain Planning
HIGHLIGHTS
Traditional supply chain planning was mainly
a tactical function, but the recent
upheavals in the business landscape have
brought forth its strategic importance.
It is now time for CFOs to look beyond
numbers to improve financial viability.
This white paper discusses how CFOs need to be
actively involved in supply chain initiatives,
supporting them with operational policies for better
performance and business sustainability and the
role of Analytics in driving this transformation.
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Refocusing Effort – Driving Economic Value
It is imperative for the
CFO's office to be
involved in planning and
monitoring the various
activities associated
with the budgeted plans.
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Economic Value Orientation
An organization has to look at multiple
levers during strategic planning to improve
bottom line.
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Disjointed Processes and The CFO
Disjointed supply chain planning lacks accuracy wrt products, distribution, cash
flow estimation, etc.
Optimizing the entire supply chain offers improvements to a company's working
capital position.
An involved CFO can essentially integrate individual department plans during the executive S&OP and drive all functions
towards a SINGLE NUMBER plan.
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The Supply Chain Process Continuum
Closing the loop with analytics
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Enabling Enterprise Performance with Analytics
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Conclusion
As CFOs gear up for this new role,
technological advancements are making the
transition smoother and empowering them to
make strategic decision.
Data gathered from supply chain functioning
can prove to be of immense value to predict
customer buying trends, supply-demand
forecasting, inventory turns etc.
Analytics can enable the CFO’s office to
regularly track progress, quickly drill-down
issues, and take corrective actions within the
company.
The technology enabled strategic CFO can
chart a new course for supply chain as a
competitive differentiator for the organization.
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For more details please visit the link below:
http://www.wipro.com/Documents/the_strategic_cfo_and_s
upply_chain_planning.pdf
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