Supply Chain Cost Management and Value Improvement

Talent development, innovation, practices and methods to drive an efficient supply chain.

Details

March 8 & 9, 2018

$985

Course runs from 8 a.m. – 5:30 p.m. each day

Registration fee includes course materials, campus parking and catered breakfast.

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Maps & Directions

"At Wal-Mart, it goes back to Sam Walton and the foundation and business model that we simply operate for less, or everyday low cost. We're known for operating in a very efficient way and then giving those savings to our customers."
- Mike Duke, former CEO Walmart

About the Program

Supply chain management involves the flow of materials, cash and information from the source of raw materials to end customers, and back. It is the cornerstone and basis of every company’s operations, and determines success in the marketplace. Supply Chain Costs are one of the critical elements in the management and structure of the supply chain – they range from 50% to 80% and more of the entire costs of the company. Managing, maintaining and reducing these costs are, therefore, one of the key strategic imperative of the company. At Rady’s Institute for Supply Excellence and Innovation (ISEI), we integrate analytics, technology and innovation with the end-to-end supply chain, to understand total costs, liquidity, customer satisfaction, and the mitigation of risk.

This program explains the dynamics and elements of costs in the supply chain, provides an analytical framework and tools for assessing and reducing costs, and shares the key practices adopted by successful companies. We focus on the key costs at the “edges” -supply, costs-to-serve and product profitability – those aspects of the supply chain that matter! The Course will provide an understanding of total supply and customer costs, and give the attendees an approach and method to manage and reduce costs using Anklesaria’s Total Cost Solution. We will discuss Analytics and Metrics across the end-to-end supply chain to develop decision-making and anticipatory information around costs, enhancing the competitive advantage and cost profile.

Who Should Attend

Directors and Managers in supply chain and finance who want to understand the costs and cost dynamics in the supply chain, analyze these costs and optimize them, and lead their companies to higher levels of effectiveness and efficiency in today’s dynamic and changing environment.

Key Benefits

Participants can expect to enhance both their professional capabilities while contributing significant value to their business stakeholders.

Attendees will leave with:

  • A firm understanding of the critical Supply and Customer Costs – those critical “Edge” cost elements
  • Tools that include Anklesaria’s Total Cost Solution, Cost profiling and models, the Anklesaria Aim & Drive methodology, Costs-to-Serve and Product Profitability, and the components and importance of Total Delivered Cost.
  • Analytics relevant to today’s increasingly complex & competitive supply chain
  • Insights from industry thought leaders
  • Acquire ideas on innovation & improvements across different industries, with immediately-applicable leading practices for supply chain effectiveness and personal success
  • A network of peers within and across industries

Course Format and Content

The program will feature high-profile faculty members from the Rady School of Management, as well as speakers with experience in a wide spectrum of companies. The program will span 2 days and uses a combination of presentations and discussion sessions among participants, industry experts and faculty members.

March 8, 2018

Day 1: Supply Costs

March 9, 2018

Day 2: Supply Costs, Customer Costs and Analytics

The End-to-End Supply Chain, Key Issues and Trends, the “Edges” and Cost profile

Anklesaria Aim & Drive Method (contd.)

Total Cost Solution (Leveraging Volume to Leveraging Ideas)

Costs-to-Serve, Product Profitability and Total Delivered Cost

Cost Profiling and Models (Industry Cost, Should-Cost and Dynamic Cost Models)

Cost Analytics - Descriptive, Predictive and Prescriptive, Key Metrics and Measurement, and Data

Breakthrough Cost Solutions using the Anklesaria Aim & Drive method

Wrap up and Consolidation

Faculty

Professor Hyoduk Shin: Dr. Shin holds a Ph.D. from Stanford Graduate School of Business, and an M.S. in Statistics from the University of Chicago.  He is a recipient of Lieberman Fellowship from Stanford University, and has numerous awards of Excellence in Teaching at Rady and Chairs’ Core Course Teaching Award at Kellogg.  His has been published in numerous journals, and his research interests include forecast information sharing and investment in supply chain management, competitive strategies under operational constraints, and the economics of information technology.

Professor Vish Krishnan: Dr. Krishnan holds a PhD in engineering from MIT and is currently Chaired Professor and a founding faculty at UC San Diego’s Rady School of Mgmt and a Visiting Professor at MIT.  Vish has also been a visiting Professor at the Harvard Business School, and has co-authored some of the most cited articles on the topics of innovation and growth strategy. He has been the winner of the Most Valuable Professor award with substantial industry and entrepreneurial experience.

Professor Terry August: Dr. August received his PhD from Stanford Graduate School of Business, an MS in financial mathematics from Stanford, and both MS and BE degrees in chemical engineering from Vanderbilt. He has worked in product development, manufacturing operations and software engineering for companies such as Clorox and Quickblocks. Currently, he co-directs the MS program in Business Analytics at Rady, and has been recognized by the UCSD Chancellor’s Associates with a faculty excellence award for graduate teaching

Christopher Gopal: Chris has over 35 years executive and consulting experience in Global Supply Chain & Operations, Technology and Innovation and is considered a global thought leader in the field. His Industry/executive positions have included VP positions in WW Operations at Dell Computer, Unisys and SAIC, and he was the Director and Senior Partner at Ernst & Young Global Supply Chain & Operations Consulting. His consulting clients have included major global companies, and he is the lead co-author of three books on Supply Chain & Operations Management. Chris was nominated to the 2015, 2016 and 2017 Supply Chain Guru panels for SC Digest. He holds a PhD from USC and an MBA from the Cranfield School of Management, UK. Chris serves as the Executive-in-Residence at the Institute for Supply Excellence and Innovation at the Rady School.

Jimmy Anklesaria:  Jimmy is considered one of the world authorities in the field of Supply Chain Cost Management.  He has 40 years of executive, consulting and academic experience and has impacted the transformation of several Fortune 100 companies.  Jimmy has authored two of the leading books in Cost Management, “Zero Base Pricing”  and “Supply Chain Cost Management”.  He is a Fellow of the Institute of Chartered Accountants, holds a law degree and an MBA from the University of San Diego.  Jimmy serves on the Board of several profit and non-profit organizations.