How organizations can meet financial expectations despite falling margins, fierce competition and be in a position of financial and operational strength?
Leading companies have known for some time that there is a clear and direct link between supply chain excellence and financial performance.
But knowing that supply chain management can provide a distinctive and sustainable competitive advantage to improve overall company business performance, and clearly being able to establish the link are two different things.
Both operations and finance managers have to be bilingual and understand each other's language. They must speak a common business language. The first step in developing this dual competency is a better understanding of how various concepts (in operations) and financial accounts are interrelated.
This course unveils the potential impact of supply chain management in all areas of financial performance (growth, profitability, and capital utilization).