Turning a Supply Chain Into a Value ChainAn 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. Who Should Attend:Business owners, COO, CEO, Presidents, CFO, VPs of Materials Management and Procurement, Lean, Six Sigma, and Operational Excellence champions, anyone with an interest in learning how to improve supply chain effectiveness through leveraging Lean methodologies, practices and principles. About the Presentation:The Japanese perfected Target Costing and Kaizen Costing strategies 20 years ago and have been able to dominate many markets, including consumer electronics and automobiles. Clearly, to compete globally, American producers must learn how to level the playing field. Saying that the Target Costing approach makes sense and we should do it is one thing. Actually doing it is another matter altogether. In this workshop's lecture portion we will examine roadblocks and barriers that prevent American companies from gaining the potential benefits of this and other concepts that define the "winning value chain", or excellence in value stream/supply chain performance. Summary Learning Objectives:
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