Methods For Assessing Time And Cost In A Food Supply Chain

This chapter presents an overview of supply chain time - cost mapping (SCTCM), a framework which any organization can deploy which will enable them to gain greater visibility of both time and cost in their supply chain operation. The framework is underpinned by incorporating the tools and techniques of time-based process mapping and activity-based costing. It provides an organization with a holistic perspective of supply chain time and costs associated with a single product. The SCTCM can be used to identify and evaluate waste (non-value adding time) and provide additional insight into the costs associated with the supply chain activities consumed by a product. The framework provides a base case which can then be used to measure the impact of different improvement scenarios in terms of changes in total time and cost and highlights the impact of trade-offs between the individual activities that make up the supply chain process for a given product.