Finance

Showing Value (Part IV)

Monday, January 23, 2012 · Robert A Rudzki
One of the important design choices in building a credible cost reduction tracking system is what should we measure our cost reductions against. There are some basic choices.

Risk Management Becoming More Complex

Wednesday, January 18, 2012 · Patrick Burnson
The California Transparency in Supply Chains Act of 2010 went into effect just 18 days ago, and industry analysts say that the state is leading the way toward nation-wide adaptation.

Showing Value (Part III)

Wednesday, January 18, 2012 · Robert A Rudzki
The importance of relevance to the P and L Statement cannot be overstated.

U.S. Treasury Joins Ranks of European Governments in Embracing e-Invoicing

Monday, December 5, 2011 · Bob Cohen, Vice President, North America, Basware
The federal government has made a firm commitment to e-invoicing, joining a growing number of countries promoting the use of this technology in the public sector

Always Have an Exit Strategy

Monday, November 14, 2011 · Robert A Rudzki
Don’t get locked into a provider and its technology in such a manner that the “exit costs” make it difficult to change directions when the time comes to do so.

More evidence that “on-shoring” may gain currency

Tuesday, November 8, 2011 · Patrick Burnson
When higher U.S. productivity, the actual labor content of a product, shipping, and other factors are taken into account, the cost advantage of making many goods in China that are bound for sale in the U.S. will be marginal.

“Paycheck cycle economics” impacts the supply chain

Monday, November 7, 2011 · Patrick Burnson
The Trade Balance report due out Thursday should show the trade deficit widening in September, and the Michigan Consumer Sentiment Index issued the following day should edge up in early November

Supply chain professionals get economic update this week

Monday, October 24, 2011 · Patrick Burnson
The two most important measures of consumer confidence, the Conference Board’s consumer confidence index and Reuters/University of Michigan’s consumer sentiment index will show confidence and sentiment at recessionary levels in October

Supply Chain financial settlement may be enhanced with new Ariba acquisition

Thursday, October 20, 2011 · Patrick Burnson
In a move to expand its global footprint, Ariba, Inc. announced that it has closed the acquisition of b-process, a privately-held provider of France’s largest electronic invoice network and one of the largest e-invoicing networks in Europe.

Supply Chain finance growth prospects in the EU remain strong

Thursday, October 13, 2011 · Patrick Burnson
While the European Union is advising banks to raise more capital to protect themselves against losses on sovereign debt, 75 percent of top EU banks still believe growth prospects for Supply Chain Finance (SCF) to remain “strong” or “very strong.”

Scams, Spam, and Flim Flam

Monday, September 19, 2011 · Martha Lessman Katz
There are hundreds of versions, some more sophisticated than others. But they are very successful, due in no small part because, we are assured, they are “100 percent risk free” and offer the promise of a huge windfall.

New report says e-invoicing is gaining traction

Monday, September 19, 2011 · Patrick Burnson
A report by The Institute of Financial Operations indicates that companies are becoming more sophisticated in how they approach procurement and finance

The Case for Infrastructure Investment: Lessons from Medco and Staples

Tuesday, September 13, 2011 · Karl Manrodt, Michael Ogle and Lisa Harrington
Companies like Medco and Staples share a common belief: The innovative investment in supply chain infrastructure — and in particular automated materials handling and distribution systems—is a foundational element in market leadership and business success. Their stories…

Accelerating Value in Mergers & Acquisitions: Dow’s Success Story

Friday, July 1, 2011 · Paula Tolliver
Dow Purchasing relied on its robust processes, governance and organizational structure—along with some novel change management approaches designed to clarify roles and unify around corporate priorities—to quickly and efficiently integrate the most complex acquisition in…

Supply Chain Finance: Research findings point toward failed cost cutting strategies

Thursday, June 30, 2011 · Patrick Burnson
The Hackett Group, a global strategic business advisory firm, has recently detailed the problems large companies face mitigating commodity cost increases
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