Supply Chain Finance Part 2—Pitfalls of Silo-Based Management
TOPIC: Supply Chain Finance Part 2—Pitfalls of Silo-Based Management
Plenary Session 4 at Supply Chain Risk Management Forum
WHEN: Tuesday, March 29 2011 at 12:45 a.m
Priority Code: 3BL1
Mike Croza, Managing Partner, Supply Chain Alliance Partners
Fergus Groundwater, Program Lead, Global Trade Management Centre of Innovation, Export Development Canada
Brian Smith, Supply Chain Leader, KPMG LLP
Risk is present in all stages of an enterprise’s value chain, from sourcing to post-sales service, and integrating risk and cash flow management is critical to building an efficient and effective supply chain.
However, many organizations remain silo-based from a function and management perspective, and fail to fully account for the risks and the cash flow implications of decisions that cut across silos.
High performance supply chains are characterized by internal cross-functional teams and enterprisewide collaboration. This session will examine best practices to mitigate cash flow risks and collaborate for more efficient supply chain management. The emphasis will be on operations across business functions, what the innovators are doing now, and where finance, supply chain, and risk professionals can look for solutions to mitigate the risks.