Develop and implement a supply chain strategy for the organisation

This standard is about developing and implementing a supply chain strategy for the organisation. It includes identifying objectives and reviewing the supply chain and all factors relevant to the strategy. It involves identifying obstacles, gaining the commitment of stakeholders, and using appropriate communication methods. 

Supplies are any combination of goods or services that are procured, delivered or stored in the supply chain.

This standard is for supply chain practitioners. They could, for example, be in purchasing, freight logistics operations or transport management roles.

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1. confirm the organisation's objectives and its strategies for achieving them
2. review the current supply chain strategy and how it helps to deliver the organisation's objectives
3. review all factors that are relevant to the development of the supply chain strategy
4. identify opportunities that will add value to the organisation
5. implement a supply chain strategy that will enable the organisation to be more effective in achieving its objectives
6. identify obstacles to the development of the supply chain strategy and explore methods for overcoming them
7. provide a rationale for the supply chain strategy
8. obtain the commitment of stakeholders and colleagues to implement the supply chain strategy
9. provide the organisation with information on the *supply chain strategy *

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1. your organisation's strategic aims, objectives and activities in relation to the supply chain
2. the types of supply chain management theories, models and practices
3. the relevant legal and regulatory requirements for supply chain management
4. how to develop and implement a supply chain strategy for your organisation
5. why it is important to compare the capability of local, regional and global suppliers
6. the types of quality management theories, models and practices
7. the types of change management theories, models and practices
8. the types of cost benefit analysis methods and procedures
9. the types of financial analysis methods and procedures
10. the types of performance measurement and benchmarking theories, models and practices
11. the types of risk analysis methods and procedures
12. the key challenges of supply chains and the ways of mitigating these challenges
13. the types of supply chain theories, models and practices
14. the stakeholder management methods and procedures used by your organisation
15. how to obtain commitment from stakeholders and colleagues to implement the supply chain strategy

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• ​Colleagues: permanent, temporary, agency staff, external
• Stakeholders: all organisations or individuals who have a vested interest in the organisation
• Supply chain: procurement, purchasing and supply, logistics, transport and operations management within and between international boundaries
• Supply chain strategy: design and planning of the "end-to-end" chain to maximise the potential to meet customer demand at the lowest possible cost

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2

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2027

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Current

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Original

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Lantra

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SFLSCM76

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Managers in Distribution, Storage and Retailing, Retailing and Wholesaling, Transport Associate Professionals, Warehouse and Distribution

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1243

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develop; supply chain; strategy

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