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Analysis of the Major Bottom-Line Benefits of Tax Effective Supply Chain Management (TESCM) for Large European Life Science Companies

• Tags:
• supply chain,
• tax,
• supply,
• chain

Overview Taxes, as the saying goes, are one of the few certainties in life. This is especially true in the corporate world where there is a vast array of them - from corporate income tax and VAT to property tax, payroll taxes, contributions to social security, custom duties, and excise taxes. Capgemini and Ernst & Young use a concept called Tax Effective Supply Chain Management (TESCM). TESCM models the different options available when considering tax implications in the development of a supply chain strategy. This paper explores the impact of considering tax when developing the supply chain strategy.

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