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1.1 Evaluate characteristics of global strategic decisions in organisations
• The characteristics of strategic decisions
• The vocabulary of strategy
• Strategic versus operational management
• The strategic position
• Strategic choices
• Strategy in action
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3.1 Evaluate how corporate and business strategic decisions impact on supply chains
• Strategic directions: market penetration, consolidation, product development and market development
• Diversification: related and unrelated
• Portfolio matrices: growth/share, directional policy and parenting matrix
• Drivers of internationalisation
• Global, regional and local dimensions to strategic choice
3.2 Evaluate how organisational strategy can be implemented in supply chains
• Methods of pursuing strategies: organic, mergers and acquisitions or strategic alliances
• Strategy evaluation: suitability, acceptability and feasibility
• Managing intended and realised strategy
• Strategy development in uncertain and complex conditions
3.3 Analyse the relationship between strategy and corporate, business and functional structures in organisations
• Structural types: simple, functional, multidivisional, matrix and transnational
• Aligning the supply chain to the organizational structure
• Centralised, devolved and hybrid structures
• Forming structures on lead buyers networks
3.4 Analyse the management of resources to support the development and implementation of strategy
• People as a resource
• Managing information
• The role of technology
• Managing finance: the financial aspects of value creation
• Funding strategy development and implementation
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2.1 Assess methods to analyse the global supply chain
• STEEPLED
• The use of benchmarking
• Determining measurable outcomes of success
• Devising metrics of performance
• The macro environment and the STEEPLED (social, technical, economic, environmental, legislative, ethical and demographic) framework
• Competitive forces- the five forces framework
• The industry and product life cycle
• Cycles of competition
2.2 Evaluate the regulatory influences on the global supply chain
• Licensing of imports and exports
• Controls through import and export tariffs and duties
• Price and service controls exercised by industry regulators and international bodies
• The regulations that impact on the employment of people, such as:
• Discrimination, equality and diversity
• Redundancy and dismissal
• Working time and payment
• Health and safety
• Minimum/fair wages
• Modern slavery
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4.1 Assess how costs and finance can impact on supply chains
• The financial objectives of different organisations (e.g. value for money, maximizing shareholder wealth)
• The costs of materials, labour and overheads
• Funding working capital and credit insurance
• Project funding
• Medium and long term financing options
• Corporate financing decisions in investment, finance and dividends
4.2 Evaluate methods for managing the volatility of currencies in supply chains
• Fixed and floating exchange rates
• Demand and supply factors in foreign exchange and the reasons for exchange rate volatility
• Spot, forward and derivative instruments in foreign exchange
• Services provided by the banking sector in foreign exchange
4.3 Analyse methods for managing the volatility of commodities in supply chains
• Demand and supply factors in commodities
• The differentiation of commodities
• Soft and hard commodity markets
• Speculation in commodity markets
• The use of spot, forward, futures and hedging in the buying and selling of commodities
• The use of a Contract for Difference (CFD) in the buying and selling of commodities
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