Despite the shift to digital taking place across all industries, many organizations are still relying on manual, paper-based accounts payable processes.
An increasing number of organizations are relying on their supply chains to fund operations, says Dale Rogers, On Semiconductor professor of business at Arizona State University, but what is the effect on suppliers?
Total cost of ownership is the single most important reason why you might want to reshore your operations, says Harry Moser, founder and president of the Reshoring Initiative.
Global supply chains will need an estimated $100 trillion in investment to achieve the planet’s goal of net-zero carbon emissions over the next three decades, according to new research that pins as much as half of that price tag on small- to medium-size businesses.
Amazon warned Wall Street that it will have to spend billions of dollars hiring workers, paying them more and even speeding partly empty trucks to their destinations to ensure that supply chain snarls don’t derail the holiday shopping season.
The move to online sales exposes many small to mid-sized retailers to potentially massive accounting errors, creating a snowball effect in terms of profit loss.
In the midst of a growing supply chain crisis, suppliers are increasingly being forced to accept longer payment terms from buyers. Both sides are desperate to protect their cash, but the trend threatens to undermine the stability of suppliers, and can only serve to exacerbate the situation.
The race to wean shipping off oil and switch to cleaner fuels should prove lucrative for investors and is drawing interest from fund managers, according to Boston Consulting Group.
The latest news, analysis, trends and solutions regarding supply chain finance and revenue management. New technologies in finance and revenue management are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using finance and revenue management solutions for supply chain optimization.
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