Five Important Questions CEOs And CFOs Should Ask Their Supply Chain Directors
Source: Centre for Strategy Development
Complex supply chains are inevitable in many Australian and New Zealand businesses. The complexity brings about uncertainty and increased levels of risk. Businesses pay for this risk by carrying higher inventories and incurring a higher cost of funding within the supply chain. Understanding and managing these supply chain risks are key to improving the overall performance of the supply chain. Five key questions should be asked by CEOs and CFOs to begin the process of managing this risk.