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Think Tank
SC Finance & Revenue Management: Page 62
What Stands in the Way of Supply Chain Efficiency Today
Across industries, companies large and small are facing similar supply chain challenges: managing an overwhelming availability of data; meeting the growing demands of globalization; and hopping the artificial-intelligence and machine-learning bandwagon.
Why Blockchain Will Survive, Even If Bitcoin Doesn’t
We’re now awash in “crypto” hype — cryptocurrencies like bitcoin and fundraising efforts like initial coin offerings. For every venture capitalist or technical expert, there’s a half-dozen hype men and fly-by-night startups making the entire space look like a 21st-century version of the Amsterdam tulip mania.
We Know Where the Material Is, But … Where's the Payment?
Advanced supply chains of today connect buyers and sellers in a digital manner for their order and shipments. Often the benefits of rigorous procurement policies between trading partners are ignored with pricing discounts, service levels and rigorous procurement protocols disregarded in an effort to just "get the business done." The buyer may get the raw materials ordered, but the products aren't of the typical quality at the right price. Communication and collaboration are lacking. -David Cahn, Director Product Marketing, Elemica
Blockchain Comes to the Freight Industry
Transportation providers are jumping on the blockchain bandwagon in a big way.
Breaking Free of the Supply Chain Death Spiral
Slowing growth, intensifying competition and rapidly changing consumer preference are creating rising cost pressures, driving major focus to reduce supply chain costs across industries. However, companies are stuck in an endless death spiral of cost cutting with little impact to the bottom line. Leading companies are breaking this cycle with ZBSC (zero-based supply chain)— a way to drive profitability by looking forward, continually improving bottom line results in a rapidly changing world. –Gary Hanifan, Managing Director, Accenture Strategy, Supply Chain & Operations Strategy
Providing Cash Flow Predictability for Buyers and Suppliers
While it's known that supply chain finance (SCF) provides cash flow predictability and control to buyers, it is less known that suppliers benefit from early payment of receivables with cash flow improvement and economic security. From investment grade suppliers to those on the tail end, suppliers of all sizes have seen the benefit of SCF realized through visibility via technology, payment flexibility and growing their own working capital to invest in growing their business. -Nathan Feather, CFO, PrimeRevenue
A Look at the World's Most Powerful Wind Turbine
GE Renewable Resources said it’ll spend as much as $400m over the next few years to build an offshore wind turbine almost 100 meters taller than the Washington Monument.
The Path Forward for Agility
Sales and operations planning. So important, yet success is so elusive. While many companies approach S&OP as a technology implementation, success requires a focus on 60 percent culture, 30 percent process and 10 percent technology. Companies cannot get to success without technology, but it cannot be the primary focus. A successful implementation can improve agility by 25 percent to 35 percent. -Lora Cecere, Founder, Supply Chain Insights
Crunching Car Data for Cash: An Israeli Startup Takes On Google
The road to profits is paved with good data.
Commodities Shipper Seeks $150M to Start Digital Coin
The shipping agency that struck the first freight deal settled in Bitcoin is now seeking $150m to launch its own cryptocurrency.
Lost in Translation? GM Plant Shutdown Shocks South Korea
Only weeks into a new job heading General Motors Co's international operations, Barry Engle flew into a frigid South Korea in January and held a series of meetings with government officials to discuss the future of GM's loss-making local unit.
Funding the Response to Disruption in the Industry
Historic disruption is happening across the food and beverage industries. Changes in consumer preferences and rapid consolidation have created a challenging business environment for many companies. Response to these pressures can't happen fast enough, especially for companies that have historically dominated the market. Shrinking margins and revenue declines mean there is less cash on hand to invest in innovation – and that's driving companies to find new ways to improve cash flow. -Tom Roberts, SVP Global Marketing, PrimeRevenue
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