Supply Chain Strategy and Financial Metrics: The Supply Chain Triangle Of Service, Cost And Cash

Excellent synopsis of current thinking in the critical area of business strategy execution through supply chain. The author has smoothly connected supply chain basics with more advanced approaches to strategy execution. I most appreciated his points regarding SCOR and the importance of broadening ones approach to performance management beyond this rigid domain. The book is well written and highly accessible conceptually to both novice and advanced supply chain practioners.

A specialist but quite an essential book that looks at the intricacies of supply chain management and financial issues, the trinity of supply chain strategy and metrics in other words and shows how all elements should be strategically in balance for best effect.The author seeks to explain, through an accessible, step-by-step approach, the importance of balancing service needs, costs and cash flow within the supply chain, considering the position of inventory (tied-up capital). The aim is to enhance the potential return on capital and providing high levels of dependable, prompt service by the supply chain being a crucial part of strategy rather than just a cost or necessary action. Monitoring, evaluating and benchmarking the activities are essential, and a certain amount of tinkering and adjustment will be required depending on individual circumstances and more.The hard work still falls to the reader, who may need to implement or amend workflow and attitudes within their company. It is not helped by customers today being more demanding on many levels. What used to work in the past is less relevant for most businesses. Companies may need to react differently, getting their products into more markets and networks, with price and time pressures coming at them from all angles.Some case studies are used to help bring the theoretical text into real-world focus, which also can allow the reader to understand how different approaches have worked for various companies. The book’s price is quite high, which unfortunately means it is unlikely to be an impulse buy for the curious reader, but for those who need (or should need) this kind of information you won’t even be looking at the price tag if you examine the book and gel with it immediately. Cost is significant, going back to the book’s central focus, but it is not always the only metric a customer will buy on. Differentiation and agility are also key factors, and everything has to be sustained throughout the organization – sustainability also includes financial performance too!When it comes to examining your organization, the author gives a framework that should help connect business strategy to supply chain strategy and the existing marketplace. The current customer marketplace is reviewed in depth along with marketplace behaviour before being tuned in towards the right business and supply chain strategy, performance measurement and management. One of the key aims is that once you have a revised plan in place, you continue to watch it – it should never be a ‘fit and forget’ component. Through the book, you will be guided how to be more observant, reactive and better placed to make minor (or major) adjustments as required too.This book is something that you quite rightly invest time and effort to read, understand and exploit. It is a book for doing, and there may be an element of pain in the reading process due to the sheer amount of material on offer and the degree of thought that you should give its contents. After that, the even-harder work can fall on your shoulders. You get rather a lot, for a very good price, in relatively few pages!

This book is awesome! It goes step by step lying down the building blocks of what is and how to operate a strategy-driven supply chain. It goes through the process of defining concepts and theories and then bringing those together nicely. It is also relevant to point out that this book will enable you to fully understand how the supply chain can or will affect the financial results with the implicit statement that as a supply chain leader, your actions must have a positive financial impact, otherwise you performance is being measured on the wrong KPIs.Recommended 100%

This book presents supply chain knowledge as a tool to accomplish an organization's goal. How different supply chain design and ideas can enhance value to customers. Even though, a unique set of benchmarks ( namely, revenue, cost and asset based) track performance of different supply chains, all supply chain designs/ideas should optimize and maximize return on capital employed (broadly return on assets). Keeping this concept in mind, this book quantifies impact of different supply chains to achieve the organization goal and add customer value

Great book

The First 3 chapters are the Zest of the book based on the triangle Of Service, Cost And Cash. The rest are details on calculating the metrics and optimization which has to adapted to your organization's supply chain. Included are a few decent case studies. Go it new $50 so I am Ok with it. Biggest hurdle will be getting executive buy in and staff adaptation every time one tweeks the metrics which has to be tied into your supply chain software (ERP) system.

One of the best books in terms of practical applications to benchmarking supply chain performance!

Bel libro per chi, lavorando nella supply chain, desidera aggiornarsi, mantenere i concetti acquisiti, espandere qualche concetto.