Procurement revolution will cut costs and working capital
by Bija Knowles
The automation of much of the procurement function will reduce costs and the need for resources through the supply chain
Total Working Capital Management is the optimization of every aspect of every process, every system and every structure across the entire supply chain, as the figure below shows. Total Working…
Read moreby Bija Knowles
The automation of much of the procurement function will reduce costs and the need for resources through the supply chain
by Bija Knowles
Delaying payments to suppliers to free up working capital is nothing new but can put smaller companies under huge pressure
by Bija Knowles
Every £10 invested in e-procurement software can bring a cost saving of £72, through savings on supplier costs and internal processing
by Brian Shanahan, Founder & CEO , Informita
Brian Shanahan, CEO and founder of Informita & Termscheck is passionate about why it is essential to get the basics in accounts receivables right before introducing automation.
by Bija Knowles
Too many companies treat accounts receivable (AR) as an afterthought but in doing so, they overlook opportunities – establishing an excellent order-to-cash process is essential
by Bija Knowles
The supply chain could be a key way of tackling the UK's productivity gap, according to research by the Federation of Small Businesses
by Bija Knowles
Many supply chain executives are not leveraging their c-suite counterparts to improve supply chain functionality and transform it into an engine for new growth
by Bija Knowles
Today the UK's Association of Corporate Treasurers (ACT) kicks off its two-day annual conference in Liverpool's King's Dock
by Jack Large
Annual subscription gives corporate treasury suppliers and advisers access to 1000s of viewers world-wide for only a few £100s/year
by Bija Knowles
The British government has asked businesses to map their supply chains to highlight areas of the economy that would be most at risk in a post-Brexit environment
by Bija Knowles
Planning is a key priority for supply chain professionals in 2018, with managing supplier relationships, inventory management and procurement also identified as areas for improvement
by Bija Knowles
Barclays Corporate Banking has launched a new product designed to help businesses with their working capital needs when pursuing sustainable activities
by Bija Knowles
Recent reports give a mixed picture of economic and business sentiment in Britain
by Jack Large
Pharma working capital management study shows that excess working capital has risen 33% to €68 Billion since 2015
by Bija Knowles
Late payments are a scourge throughout business supply chains worldwide. Now the European Commission has announced action to ban unfair trading practices in the food supply chain
by Bija Knowles
Lack of supply chain visibility, a dearth of digital skills and Brexit/NAFTA uncertainty are some of the challenges facing procurement leaders
by Bija Knowles
The Global Trade Report, by Thomson Reuters and KPMG International, looks at how global trade practitioners are managing centralisation, classification and free trade agreements
by Bija Knowles
Is your supply chain strategy outdated and unsuited for the future of business? Half of all companies in a recent survey think so
by Jack Large
PwC survey shows that deterioration in net working capital days is at a five year high and average returns on capital employed (ROCE) has fallen by 5%
by Bija Knowles
Keeping suppliers waiting beyond the payment terms for invoice payment makes no economic sense and is damaging the supply chain – yet 27 per cent of invoices are paid late in the UK
by CTMfile
EMAGIA launches voice activated artificial intelligence digital assistant Gia to optimise the way enterprise finance operates
by Bija Knowles
Chief financial officers are faced with expanding responsibilities when it comes to driving corporate growth – but taking cost out of the business is an overall priority
by Bija Knowles
While increasing profit margins can relieve short-term cash flow difficulties and appease shareholders, it's not necessarily the way to grow a healthy organisation
by Bija Knowles
Profitability can put processes such as cash conversion in the shade. This article by McKinsey suggests ideas for implementing a working capital improvement programme in a big organisation