Description
Gain an understanding of strategies on how to organize your supply chain systematically.
A majority of manufacturers have organized their supply chains on a more ad hoc basis divorced from their core business model. Because importation is a constant moving process, many procurement systems do not 1) obtain andor maintain up to date information, 2) use we have always done it this way before as their modus operandi, 3) only manage basic risks, 4) do not manage longterm risks, and 5) do not establish a means to minimize exposure to changing business and regulatory environments. This nonstrategic approach can result in the destruction of both gross margin and net profit. This information will provide concrete guidance how to think more strategically about your supply chain, understand supply chain created risks to your business, hedge against business and regulatory risks, and organize your supply chain as a practical strategy to establish and control your gross profit margin.
Date: 2019-05-17 Start Time: End Time:
Learning Objectives