Supply Chain Frontiers issue #34. Read all articles in this issue.
As the global economic crisis has unfolded, supply chain managers have become more involved in the financial management of businesses. To address this shift, the MIT Center for Transportation & Logistics (MIT CTL) is hosting a symposium that will explore the dynamics of the rapidly evolving relationship between finance and the supply chain.
“The Changing Dynamics of Supply Chain and Finance” symposium will focus on the increasingly important link among the supply chain, operating costs, and working capital. Participating speakers include leaders from both the finance and supply chain organizations within the food, auto parts distribution, industrial parts manufacturing, and consumer products industries, including:
* Navdeep Gupta, Director of Treasury, Advance Auto Parts
* John MacInnes, Treasurer, NYPRO
* Waheed Zaman, Senior Vice President–Product Supply, Chiquita
* Matt Farrell, CFO, Church & Dwight
The presenters will share their own cases to illustrate various ways in which the supply chain has had a material impact on the financial results of their businesses by reducing and proactively managing working capital and operating expense – and ultimately freeing up valuable cash.
MIT CTL partner companies are encouraged to bring their financial counterparts for a progressive discussion on ways to further integrate these two groups and create operating advantage for their businesses. The event is scheduled to take place on October 21, 2009, on the MIT campus.
The symposium is open to MIT CTL partners. For more information, contact Nancy Martin, nlmartin@mit.edu .