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Think Tank
SC Finance & Revenue Management: Page 14
Will a New Whistleblower Law Spell the End of Cryptocurrencies?
A new law that richly rewards corporate whistleblowers could bring an end to the use of cryptocurrencies for money laundering.
East Palestine Train Derailment Has Cost Norfolk Southern Almost $1B
The organization said that it took a $416 million charge against its Q2 2023 earnings to cover the estimated ongoing clean-up costs of the derailment site.
Yellow Corp. Preparing to File for Bankruptcy
A bankruptcy filing would put Yellow at great risk of liquidation since the organization’s customers have begun abandoning the trucker in droves.
Watch: Money Matters: Connecting Supply Chain and Finance
While it's important to connect the supply chain to finance, all company functions and departments must be linked, says Reggie Twigg, supply chain marketing lead at Anaplan.
Optimize Indirect Spend with Autonomous Sourcing
Procurement leaders are still struggling with inefficient and costly processes when it comes to indirect spend. AI-powered autonomous sourcing can address this issue.
Home Depot Planning to Cut Costs by $500M
By reducing its costs, the organization believes it'll remain on track for its earnings guidance from this quarter, which will see 2023 sales decline by 2% to 5%.
How an Asset-Light Fulfillment Model Can Free up Cash Flow
Healthy cash flow is essential to establishing strong vendor relationships, seizing growth opportunities and maintaining financial stability.
New Financial Options Are Removing Barriers to Warehouse Automation
Organizations both large and small face a significant hurdle when advancing warehouse automation initiatives.
Increasing Business Efficiency With Sales Tax Automation
By automating tax compliance, companies can cut costs and processing time, protect themselves against fines and penalties resulting from audits, and create a better customer experience.
Siemens to Invest €2bn to Boost High-Tech Plants
In Singapore, the German industrial conglomerate will reportedly spend €200 million to build a facility that will produce factory automation devices to meet rising Asian demands.
Why Should You Audit Your Freight Bills?
As transportation costs continue to rise and supply chains become increasingly complex, the demand for freight audit and payment services will likely grow.
GM Investing Over $630mn in Fort Wayne Assembly Plant
Since 2013, GM has invested over $31 billion in U.S. manufacturing and parts distribution including $2 billion in the Fort Wayne Assembly plant.
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