Commodity-and-Energy-Risk-Management.pdf

Assist to evaluate client effectiveness and

Info icon This preview shows pages 6–9. Sign up to view the full content.

View Full Document Right Arrow Icon
Assist to evaluate client effectiveness and efficiency in managing inventory input and output Assist to develop strategies to reduce inventory investment and improve cash flow Provide recommendations for performance measurements/ metrics at the business unit, function and individual levels Provide visibility and linkage between operational inventory performance and financial statement profit/loss results Tax-Efficient Supply Chain Management Assist clients to evaluate and align distribution networks and manufacturing footprint taking into account impact of higher energy costs, customs, and financial considerations Assist to align global and regional business strategies across operations taking into account tax, duties, customs, risk exposure, and financial considerations Organisations are challenged to evaluate alternative strategies for operational improvements due to a variety of economic pressures. KPMG can offer assistance with many supply chain related issues and help your management team to reduce cost, add value and minimise risk. S T R A T E G Y C O N C E P T I M P L E M E N T A T I O N Commodity & Energy Risk Management Model Development, Validation & Remediation Operations Tax Accounting Regulatory Internal Audit Forensics & Investigations Governance, Roles & Policies Hedging & Risk Strategy Credit & Collections Risk Reporting & Management Information Systems 6 | Commodity and Energy Risk Management
Image of page 6

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
KPMG Service Activities Operations Risk and Control Define operational risk strategies supporting critical processes and systems to be consistent with corporate objectives and risk tolerances Establish operational risk indicators to measure and evaluate operational performance (e.g. employee, process, systems, and operational capital efficiency indicators) Quantify operating risks to better understand and mitigate operations exposure Track benefits and/or consistency of new or existing procurement/supply chain operations Benchmark procurement practices and processes to industry practices – review and identify improvement areas within: Internal process efficiencies Forecasting and reporting cycles Evaluate existing policies and guidelines and enhance to meet high sourcing and procurement objectives Recommend metric, score cards and operating reports to track performance and compliance Operations Commodity and Energy Risk Management | 7
Image of page 7
Tax KPMG Service Activities Tax Planning and Analysis Analyse the tax implications of commodity and derivatives strategies Review international transactions for opportunities to reduce tax liabilities Assess existing or proposed cash management and funding strategies for negative tax implications and recommend improvements, as applicable Review proposed transaction for anticipated tax risks, treatment and financial impact (GAAP/IFRS) Tax Implementation Identify local and international tax guidance, rulings or treatment Identify programmes, policies, or tools to implement
Image of page 8

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 9
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern