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Think Tank
SC Finance & Revenue Management: Page 152
Supply Disruptions Sometimes Affect Share Value for Long Periods
Supply-chain disruptions cut about 7 percent of a firm's shareholder value, according to research by Accenture cited in a recent World Economic Forum (WEF) report on supply-chain resiliency.
Macro Trends Affecting Global Supply Chains
A discussion with Dinesh Dongre, vice president of strategy with Softeon, about how companies can shift their focus from cost reduction to growth, as a response to economic recovery.
Price Isn't Everything, But Supplier Auctions Still Make Sense
I've spent the last couple of posts urging procurement executives not to focus solely on price when they're choosing suppliers. Service, product quality, financial health, social responsibility and exposure to natural disasters and other potential disruptions are all elements that need to be factored into the mix. So you'd think this enlightened attitude would pretty much rule out the use of auctions for selecting vendors, right?
PrimeRevenue Launches Supply-Chain Finance-Enablement System
PrimeRevenue Inc., provider of a hosted platform for supply-chain finance, has launched SCiEnable.
Transforming Logistics Outsourcing
Greg Aimi, research director with Gartner, joins us in a discussion of new ideas in logistics outsourcing, including the move from transaction-based to strategic relationships between providers and their customers.
How DHL Express Improved Its Costing Analysis
A few years ago, DHL Express was in a downward spiral of data quality. The company had used a Microsoft costing tool deployed locally in the 200 countries in it operates. Graeme Aitkin, vice president of business controlling, said the tool used employee interviews to localize cost allocations, asking couriers how they spent their time every day. In the old days, he said, when the data wasn't available, it wasn't possible for a company to have a unified costing and pricing system across a global company.
Essential Keys to Meeting Customer Demand
Loren Troyer, director of order management strategy with John Deere, lays out what it takes to meet customer demand. He also discusses the benefits of "flexibility planning."
Today's Chief Procurement Officer Is a New Breed of Executive
The notion of a "chief procurement officer" isn't new. The U.S. Department of Housing and Urban Development has had one since 1998, and the title can be found in any number of other government agencies and branches of the military. Private companies have embraced it as well, although the position hasn't enjoyed a solid footing in most C-suites for more than a decade or so. Maybe it was the success of companies like Apple, with its mastery of supply management, that convinced top executives of the need to elevate procurement to the highest levels of the organization.
The New Normal: Big Companies Paying Their Bills Late, Later and Latest
When economic hard times hit in 2007-2008, CFOs and finance departments felt pressure to improve their organizations' working capital positions. The longer companies could hold on to cash, the more liquid they were, and the safer they felt. Paying bills quickly meant dipping into cash reserves, possibly taking away money from new-product development, mergers and acquisitions, marketing, or anything else that might drive top-line revenue. It was either that or be forced to rely for growth on expensive external financing. Everyone knew that when it came to days payable outstanding, longer was better.
Itelligence Buys SAP-Based Business Operations of Software AG in North America
Itelligence, a provider of SAP-based services for small and medium-sized businesses, has purchased the SAP consulting, license and maintenance operations of Software AG in the U.S. and Canada.
Expanded Mobility, Social Media and the Cloud to Drive Global E-Commerce Growth This Year
The increasing use of mobile apps to conduct key invoice processing functions from anytime and anywhere; expanding use of social media platforms to collaborate with colleagues, suppliers and partners; and the growth of the cloud as an enabler of automation for companies of all sizes, will power growth in e-commerce in 2013.
Epicor Debuts New Version of CRM for Retail Customer Engagement
Epicor Software Corp. has introduced version 7.0 of Epicor Retail CRM (Customer Relationship Management).
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