Finance
As stated in a recent Supply & Demand Chain Executive Article, effective supply chain management is based on the ability to know the “what, where, when, and how” of your operations in real-time. However, it’s more than this. It’s the ability to understand the ripple effects and consequences from changes made to the [...]
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Aberdeen and Hackett are right - Supply Chain Finance is important - and poor supply chain finance can trap millions, tens of millions, and, if the organization is large enough, hundreds of millions of dollars in the supply chain. However, the only way to free up that money is to get it right - [...]
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Last month, SupplyManagement.com ran an article titled Buy Now, Pay Later that examined the repercussions for suppliers, and ultimately your business, if you fail to settle your invoices on time. According to Experian, the average business takes more than two months (61 days) to pay its bills and evidence gathered by the Federation of Small [...]
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The Ariba - Orbian partnership is something I expected everyone and his dog would be picking up on and writing about, but with the exception of Mickey North Rizza’s (AMR) and Jason Busch’s (SpendMatters) analyses, I haven’t really found anything of note, which is surprising given the potential significance of the partnership (if Ariba pulls [...]
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CFO Research Services recently produced a white-paper on CFO’s Views on Procurement - Information, Risk, and Money, sponsored by Ariba, that had some interesting insights on how some top senior finance executives view the procurement function.
The following are the points that I found most interesting in this 20-page study:
improvements in cost management & decision [...]
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In the April issue of Business Finance Magazine, Beth Enslow of Aberdeen Group penned a great article on How to Create a More Competitive End-to-End Supply Chain using Supply Chain Finance.
According to the article, by merging physical supply-chain information with financial supply-chain data and flexible funding methods, companies are able to not only [...]
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Aberdeen recently released a report on Technology Platforms for Supply Chain Finance How to Drive Competitive Business Advantage by Increasing Payment and Financing Automation with Business Partners that found that best-in-class companies are six times more likely to have gained significant competitive advantage due to implementing Supply Chain Finance technology. They also processed [...]
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Last fall I introduced Supply Chain Finance (SCF) to this blog and noted that a supply chain finance solution is a combination of trade financing provided by a financial institution, a third-party vendor, or an enterprise itself, and a technology platform that unites the trading partners and the financial institution electronically and provides the financing [...]
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Back in September, a really good article materialized over on the Supply Chain Management Review site that complements Aberdeen’s recent research brief Get Ahead with Supply Chain Finance: How to Leverage New Solutions for End-to-End Financial Improvement that I wrote about in Supply Chain Finance and their recent report New Strategies for Financial Supply Chain [...]
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