Turning a Supply Chain into a Value Chain - ComplianceOnline (Supply chain trainin)

Venue: Online

Location: Palo Alto, California, United States

Event Date/Time: Apr 24, 2009
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Description

An Executive Overview: Understand the challenges with developing a value chain strategy. To be effective, the value chain must truly integrate your customers and suppliers with your company around a single, common agenda – making money! A fully developed value (supply) chain is the key to successfully competing with China and other countries with low labor costs or government subsidies. This implies the ability to create target costing and manage “Kaizen costing” in the supply chain.

The Japanese perfected Target Costing and Kaizen costing strategies many years ago and have been able to dominate many markets, including consumer electronics and automobiles. Clearly, to compete globally, producers must learn how to level the playing field.

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Additional Information

An Executive Overview: Understand the challenges with developing a value chain strategy. To be effective, the value chain must truly integrate your customers and suppliers with your company around a single, common agenda – making money! A fully developed value (supply) chain is the key to successfully competing with China and other countries with low labor costs or government subsidies. This implies the ability to create target costing and manage “Kaizen costing” in the supply chain. The Japanese perfected Target Costing and Kaizen costing strategies many years ago and have been able to dominate many markets, including consumer electronics and automobiles. Clearly, to compete globally, producers must learn how to level the playing field.