About this Presentation
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What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The speakers argue for a shift from cost-centric measures to flow-centric measures in managing supply chains, emphasizing the importance of relevant information in decision-making.
All benefits in manufacturing are directly related to the speed of flow and information, and promoting and protecting this flow is the most efficient way to achieve a company's primary goal of maximizing return on investment.
The speakers introduce the concept of 'smart metrics' as a major evolution in the management accounting body of knowledge. These metrics, they argue, create real-time visibility of the status of demand-driven flow, enabling better management of supply chains.
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