The Supply Chain Triangle of Service, Cost And Cash
Sponsored by Arkieva, your One-Plan S&OP software. Find our more about Arkieva at www.arkieva.com IBF's industry-leading S&OP Assessments assess your company's maturity level and provide tailor-made recommendations to improve specific areas - all designed to take you to the next level in your S&OP evolution. Click here for more information: https://bit.ly/3d58dMTI interview Bram Desmet, author of 'Supply Chain Strategy And Financial Metrics', the book every executive and CEO should read! It deals with balancing the supply chain triangle of service, cost and cash and how your product strategy directly impacts how this triangle is balanced. Different strategies have different levels of complexity which come with different levels of cost, which drives different levels of inventory, and different levels of investment in fixed assets. 05:40 How your product strategy defines product complexity, inventory and cash flow09:50 Balancing the service, cost and cash triangle11:00 Why Lego has very poor inventory turns and why that isn't a problem12:40 How strategy impacts how your balance the service, cost and cash triangle14:35 EBITDA, days of inventory and working capital17:50 Understanding ROI for capital deployed with ROCE20:45 Rebalancing the triangle during Covid-1925:00 How forecast accuracy impacts the service, cost and cash triangle30:30 My experience of different company strategies and how they impact inventory management and service levelsCheck out Arkieva at www.arkieva.comCheck out IBF at www.ibf.org and www.demand-planning.comSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org