DUJAT – PWC seminar: “Foreign exchange market and counteractions, and cost reduction for the European head quarter”
PwC office in Amsterdam (Thomas R. Malthusstraat 5, 1066 JR Amsterdam)
14:00 Registration, Coffee/ Tea
14:30 Welcome speech by Piet Oldenziel, Treasurer of DUJAT
14:35 Welcome speech by Bart Koolstra, Chairman of the Japan Desk PwC Netherlands
14:40 “Indirect Procurement Optimisation” – Hubert Verweij (Principal Manager, PwC Advisory) and Sonoko Takahashi (Senior Advisor, PwC Advisory)
In many cases, organizations run their direct procurement operations already very efficiently. However, the Indirect Procurement function tells us another story. Purchasing indirect goods (e.g. office supplies, IT, temporary personnel & professional services, MarCom, logistics, travel, etc.) is often characterized by a lack of strategic direction, unclear roles & responsibilities, much local autonomy, no standardized processes that comply to segregation of duties, and hardly any support by IT applications. Is your European organization characterized by many sales divisions with much local autonomy concerning Indirect Procurement? Are you not leveraging on European indirect spend? This is your chance to improve your profit margins.
“Supply Chain Network Designs”– Bas Daver (Principal Manager, PwC Advisory) and Sonoko Takahashi (Senior Advisor, PwC Advisory)
This is about analysing, (re)designing and optimizing the physical ‘shape’ and operational characteristics of a supply chain network (manufacturing and distribution). Supply chain globalization, increased complexity, rising cost and the need to respond rapidly to customer demand changes and supply chain disruptions are forcing companies across industries to re-think their supply chain networks.
“Reverse Logistics”– Hubert Verweij (Principal Manager, PwC Advisory) and Sonoko Takahashi (Senior Advisor, PwC Advisory)
Nowadays reverse logistics plays a key role in driving a positive customer experience through the direct client interface, especially with consumer goods and internet sales. However, many organizations struggle with optimizing their reverse chain due to the concerning complexity. Case studies prove that reverse chain optimization is one of the topics left in the supply chain where big steps can still be made considering costs, tax exposure and revenue growth. Does your organization already have a good closed loop supply chain?
15:40 Coffee Break
16:00 “Forecasts of the foreign exchange market and the future of Euro” – Mr. Shun Kikuchi (Bank of Tokyo Mitsubishi UFJ (Holland) N.V.)
Mr Kikuchi of BTMU Holland provides his view about the foreign exchange market in 2012 and the Euro currency, taking into account main political or economic events in the main countries (i.e. Europe, Japan and U.S.A.) in 2012.
16:20 “Foreign exchange market and counteractions” – Arno Groenewoud (Senior Manager, PwC Tax) and Haruhisa Shirato (Manager, PwC Tax)
Because of the European fiscal problems in the last year, there has been a significant foreign exchange rate instability. Some companies are facing severe difficulties in their operations especially under the strong Japanese yen. However, besides such difficulties, there are business opportunities, e.g. M&A. We will discuss the impact of the foreign exchange market and some ideas from a tax, accounting and advisory perspective. Through open discussions, all participants can share their views and difficulties and Mr Kikuchi, DUJAT or PwC can provide some comments.
16:50 Closing remarks by Radboud Molijn, Managing Director of DUJAT
17:00 Invitation to the Drinks