Strategic management accounting

Question 1. (15 marks) After finishing your 3-year contract as an Assistant accountant at Mega Mart, a multinational grocery chain, you have been recently appointed as a Strategic Management Accountant in Cheap Groceries Pty Ltd, a rapid growing local chain of grocery stores. As opposed to your experience at Mega Mart you were surprised to see a long list of suppliers with a great deal of time wasted in managing the suppliers and late deliveries. You suggested to your CFO of implementing Strategic Management upstream activities. The CFO asked to you draft a detailed proposal of techniques used in Strategic Management upstream activities and its role in creating value for the organisation. [Answer here]