CFO Strategies For Supply Chain Resilience

Under the aegis of the fourth CFO Summit, CFOs deliberate on building resilient supply chains, writes Richa Tyagi.

- Richa Tyagi

The 4th ACMA CFO Summit, focused on “Driving Financial Excellence: CFO & Supply Chain Strategies for a Resilient Auto Industry”, brought together key stakeholders to highlight the growing role of Chief Financial Officers (CFOs) in shaping the future of the automotive industry. The event provided a platform for insightful perspectives on how financial chiefs can drive transformation, not just within their organisations' financial framework but across operations, technology, risk management, and supplier relationships.

Vivek Jindal, Chairperson, Northern Region, ACMA and Director & CEO, Uno Minda Ltd., welcomed the stakeholders in attendance and drew attention to the ongoing geopolitical shifts and the urgent need to align policy incentives with ESG goals and robust supply chain strategies. He stressed the necessity of embracing digital transformation to remain competitive and future-proof.

Following him, Anant Swarup, Former Additional Secretary, Department of Commerce, Govt. of India, underpinned the economic significance of the automotive industry, noting that the auto industry contributes seven per cent to India's GDP and eight per cent to exports. Here, the role of CFO found a unanimous mention as a capable stakeholder focused on data-driven risk management, diversifying supplier bases, and investing in innovative technologies. This broader role makes CFOs essential leaders of resilience and growth in today's dynamic market, it was agreed upon.

The keynote by Arnab Roy, CFO of Maruti Suzuki India Ltd., further amplified this view. He explained how a modern CFO must balance risk and opportunity, leverage capital efficiently, and use technology to illuminate decision-making. “Digital transformation is not a choice, it is a necessity. It lets us monitor operations in real time, extract actionable insight from data, and manage risks smarter and faster.”