Four Enablers to Achieve a Balanced Approach to Inventory Management
As CFOs deepen their collaborations with supply chain leaders to deploy and improve revenue assurance models, they’re seeking reassurance that “just-in-case” approaches will not lead to excess inventories or trigger working capital and cashflow management risks. Supply chain leaders can assuage these concerns by acquainting corporate finance leaders with the new processes and protocols they […]
Labor Shortages Challenge Supply Chains to Automate While Retaining Employees and Their Trust
Among the business topics that have dominated the press over the past two years, supply chain difficulties and labor shortages have certainly been at the top. But the two are not mutually exclusive. Organizations across all industries are having a hard time finding employees to keep their supply chains operating as efficiently and smoothly as […]
Winning at the Retail Supply Chain Game
When supply chains unravel, customer experience (CX) can crumble – unless retailers are prepared to respond. Many retailers today are feeling the pain where it hurts most in the form of fleeting customer loyalty. Persistent global supply chain challenges can trigger CX and customer loyalty downfalls – even for retailers at the helm of omnichannel. […]
4 Steps To Transform Supply Chain Management Amid Today’s New World Order
The CFO’s purview continues to expand amid the shifting tides of globalization. Supply chain risk management represents a newly vital, and growing, segment of that purview. To illustrate: When the Kremlin threatened to nationalize the assets of Western companies that pull out of their country in protest over its invasion of Ukraine, CFOs within those […]
The Ripple Effect of Supply Chain Disruption on Budgeting and Forecasting: Think Flexible and Long-Term
Two years ago, COVID-19 lockdowns threw economies and supply chains into turmoil. Last year, supply chain disruptions and inflation were assumed to be transitory. More recently, the crisis in Ukraine and the lockdown of Shanghai and other cities have further exacerbated matters. Amid this turbulence, it should be no surprise that management teams across industries […]
7 Ukraine Flashpoints Require CFOs’ Attention
Enduring and adapting to an often-grueling business climate resulting from the pandemic has enabled CFOs to develop new muscles within their finance organizations in terms of better analytics, forecasting, real-time data access, supply chain management and de-risking, and more. Unfortunately, they’re going to need these tools even more to address the fallout from the horrific […]
