Supply Chain Management: Relationships, Risks and Rewards

In today’s global economy, competitive advantage is increasingly a function of the ability to move raw materials, components and finished goods through an entire supply chain into the hands of your customers rather than simply manufacturing efficiency. Successful management of supply chain relationships and risks is critical to success, and indeed survival especially in difficult business conditions. There is not however a “one size fits all” supply chain solution – strategies and tactics vary from company to company, and even within companies, depending on the product.  

Participants in this audio webcast will gain practical knowledge about managing the risks, and reaping the rewards, of supply chain relationships using a 7-step Supply Chain Management Model. You will learn how to:

• Evaluate your strategic positioning to take a holistic view of supply chain management
• Perform Value Chain Analysis of your capabilities and supplier performance Identify key opportunities and risks associated with your supply chain
• Develop an effective supply chain strategy
• Match proper accounting techniques to different supply chain relationships
• Implement changes, performance monitoring and continuous improvement

Take advantage of this opportunity to benefit from the diverse experience of two leading financial executives whose subject matter expertise comes from the “front-line” of day-to-day supply chain responsibility. 

Note: Your registration confirmation will include a link to the access instructions for this web event. Access instructions and materials will be available on or about September 23rd. Be sure to add service@cpa2biz.com to your safe sender e-mail list.

Presenter:
Ed ODonnell, CPA
Paul Massey, ACMA

Moderator:
Kenneth W. Witt, CPA

Ed O’Donnell is Vice President, Business Analysis for Teknor Apex Company, a custom compounder of thermoplastics, including vinyl, elastomers, nylon, and color concentrates. Headquartered in Pawtucket, RI, it manufactures in the U.S., Singapore, China, and the UK and sells in 90 countries.

Ed began his career in 1981 and has held financial positions in several industries, including newspaper publishing, financial services and commercial printing. He spent five years with Price Waterhouse Coopers and was an audit manager with Ernst & Young. He joined Teknor in 1998 and established its financial planning and analysis group.  In August 2005, he was asked to lead Teknor’s worldwide Supply Chain Initiative.  In June of this year, the company achieved a milestone in which all business units worldwide had successfully implemented Sales & Operations Planning (S&OP) and Material Requirements Planning (MRP).

Ed is a graduate of Providence College with a Bachelor of Science in Business Administration and an MBA from Boston University.  He is also a Certified Public Accountant.

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Paul Massey, ACMA is the Finance Leader for Cummins Turbo Technologies based in Charleston, South Carolina. He has over 20 years financial and operations experience in a variety of industries and has held a variety of financial roles as Management Accountant, Financial Controller and Group Financial Controller. During this time, Paul has also spent 8 years in non manufacturing roles as Materials Manager, Purchasing Leader, Plant Manager and Director of Worldwide Manufacturing.

Paul started his career in the UK where in 1991 he became an Associate of the Chartered Institute of Management Accounts (ACMA)  In 1994 Paul completed his MBA at Bradford University before moving to the US with his current company Cummins Turbo Technologies.
In his current role Paul has responsibility for the financial functions associated with US and Brazil operations as well as financial support for WW Manufacturing and WW Supply Chain functions. His current role requires balancing between daily/monthly financial reporting needs along with strategic analysis for long term decision making.

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Webcast System Requirements

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Operating System

• Windows Vista
• Windows XP
• Windows 2000

Older Windows operating systems, including Windows NT / 98 / ME, will most likely work but are not officially supported. Please consult http://support.microsoft.com/default.aspx?pr=lifesupsps to determine if your operating system is still supported by Microsoft.

Macintosh and Unix/Linux-Based operating systems
This presentation incorporates advanced multimedia features that allow elements such as slides, polling questions, surveys, and application demonstrations to be dynamically sent out and synchronized with the presentation. Certain standard browser plug-ins do not fully support these features in combination with Macintosh and Unix/Linux operating systems. Supported browsers with a properly installed Adobe Flash player plug-in (version 8+) will be able to view live and on-demand presentations streaming in Adobe Flash format. Not all presentations will feature this option, so alternatives include using the Firefox Web browser in combination with a properly installed RealPlayer plug-in. Please note: Presenters may not offer either option with the live Webcast.

• Pentium III 733mhz+ or equivalent

• 256MB

• Internet Explorer 6 ¹
• Firefox 2.0+
• Pop-up Blocking Software Disabled ²

¹ - Internet Explorer is the preferred browser for presenters.
² - The presentation is built on pop-up-less technology; however, the presenter may choose to use pop-up windows. In these cases, pop-up blocking software must be disabled for the presentation to work correctly. In many cases, holding down the "CTRL" key while opening the Webcast URL will temporarily disable your pop-up blocking software. Please consult the documentation for your pop-up blocking software to determine the correct way to temporarily disable it.

Hardware

• AUDIO: Sound Card with speakers
• VIDEO: Monitor with 1024x768+ resolution support

Media Players

• Windows Media Player 9+
• RealPlayer 10+ ³
• Adobe Flash Player 8+ 56k

³ - If you receive a message that the system did not find RealPlayer installed within your Firefox browser, it's possible the plugin needs to be reinstalled (this can happen if the browser was installed after the player). Simply reinstall RealPlayer to fix this condition. (NOTE: If you have Windows Media Player or Adobe Flash Player installed, you do NOT need to install RealPlayer.)

• Dial-up Modem ⁴
• Cable Modem/DSL ⁵
• Corporate LAN ⁶

⁴ - 56k Dial-up Modem. The presentation must have a low bandwidth video of 56kbps or audio-only 28kbps option listed.
⁵ - Cable Modem/DSL. The presentation must have a broadband video 100kbps or higher option listed. Typical Cable Modem/DSL speeds will average between 500kbps - 2mbps. Check with your local ISP for bandwidth allotment.
⁶ - Corporate LAN. The presentation must have a broadband video 100kbps or higher option listed. Bandwidth on corporate LANs can vary based on network traffic. Check with your local IT administrator for bandwidth allotment.

You can TEST YOUR SYSTEM now.