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Value Chain Forum
Chairman: Tom McGuffog FCILT
Your Institute is introducing some changes, making us more open and relevant to you, whichever sector of logistics or transport you work in.
We are replacing the four Faculties with eight Professional Sectors. These Professional Sectors will provide specialist activity for a particular area of interest whilst continuing to offer opportunity and involvement across the profession.
What you need to do...
We are now asking all members to update their details and tell us which Professional Sectors and Forums they want to belong to as soon as possible. You can do this in a number of ways - online through ‘My Membership', complete the Member Selection form that you will shortly receive in Focus, or complete the form included on the Current Awareness Bulletin over the next few weeks.
Please note, you can now belong to as many Professional Sectors and Forums as you wish.
Should you wish to make your selections online, please remember that you will need to create your password to login if you have not already done so. A short guide to making your selection online is available here.
Not a Member of CILT? Click here to find out how the new Professional Sectors and Forums are relevant to you.
Value Chain Forum
A Value Chain is the overall combination of internal and external resources, physical, financial and informational, which require to be marshalled in order to achieve the objectives of any organisation.
Value Chain Management involves optimising net added value for the end user, and for each of the participants in the chain, from beginning to end, through enhancing speed, certainty, safety and security of service at a low total cost, and at understood and accepted levels of risk
At the inaugural meeting in July it was agreed that the following topics would be initially reviewed, with the objective of producing a brief summary aimed at CILT members, along with references for further study. Members volunteered to produce first drafts for the next Forum meeting, with these being circulated to all in advance via a CILT web site. We shall provide examples of sound practice, which may be developed into case studies. Particular reference was made to:
'2016 – The Future Value Chain' – published by the Global Commerce Initiative in 2006
'SC 21' – the 21st century supply chain of the Society of British Aerospace Constructors – published 2007
Contacts will be made with other relevant organisations in order to gain a comprehensive view of developments in value chain management, and also to spread sound practice.
- How to agree sound, balanced objectives, rather than setting sub-optimal targets. Objectives should relate to Performance, Through Life Cost (including any Contract Costs) and Time.
- How to develop an appropriate methodology for defining and analysing any value chain. This will include inputs as well as outputs.
- How best to collaborate with other value chain participants, and what matters are best left to market forces and free competition. What role should formal contracts play, and what is best achieved via structured protocols or guidelines?
- How to develop more effective business planning.
- How best to structure Process Architectures.
- How best to structure Data Architectures. Due account will be taken of the impact of proprietorial standards.
- How best to define and manage complex projects, including risk mitigation.
- What are the key trade offs in relation to optimising transport costs and environmental impacts?
- How to establish customers' and end users' real requirements for service.
Reports & Presentations 
Webshop
The following book(s) may be of interest to you and can be purchased from Webshop Extra today!
Contacts
Contact the Institute for further information on the Value Chain Forum
