Supply chain support key to closing UK’s productivity gap
The supply chain could be a key way of tackling the UK's productivity gap, according to research by the Federation of Small Businesses
Working Capital Management
Background
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 moreCollaboration with c-suite needed to ‘wake up’ supply chain
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
ACT Conference highlights: Brexit Britain to 21st Century Treasury
Today the UK's Association of Corporate Treasurers (ACT) kicks off its two-day annual conference in Liverpool's King's Dock
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UK businesses asked to map supply chains for post-Brexit risk view
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
Three strategies for good supply chain planning
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
Barclays launches green loans for sustainable trade
Barclays Corporate Banking has launched a new product designed to help businesses with their working capital needs when pursuing sustainable activities
UK business confidence since Brexit vote is mixed picture
Recent reports give a mixed picture of economic and business sentiment in Britain
Is maintaining working capital efficiency impossible?
Pharma working capital management study shows that excess working capital has risen 33% to €68 Billion since 2015
European Commission tackles late payments in food supply chain
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
Just 6% of procurement leaders have full transparency of supply chain
Lack of supply chain visibility, a dearth of digital skills and Brexit/NAFTA uncertainty are some of the challenges facing procurement leaders
Global trade practices: increased centralisation and sophistication
The Global Trade Report, by Thomson Reuters and KPMG International, looks at how global trade practitioners are managing centralisation, classification and free trade agreements
Three steps to improve your supply chain strategy
Is your supply chain strategy outdated and unsuited for the future of business? Half of all companies in a recent survey think so
Slow collection of receivables why manufacturing leaking €177 billion WC
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%
Late payment is bad for business – yet 27% of UK invoices paid late
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
Hey Gia: Give me an update on total cash received so far this week
EMAGIA launches voice activated artificial intelligence digital assistant Gia to optimise the way enterprise finance operates
CFOs focus on reducing operational costs
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
Don’t destroy company value by cutting costs
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
Four strategies for better working capital management
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
Five key steps to optimise your working capital
GrantThornton WCM study shows only 3% of companies improved their cash-to-cash cycle in 2017 and that £8.8bn net can be released from UK companies balance sheets
Use of supply chain fraud analytics on the rise
More companies are using analytics to prevent and detect financial abuses within the supply chain, according to a recent Deloitte poll
More CFO collaboration with procurement can impact bottom line
Procurement and finance departments are not collaborating sufficiently, with only around half of CFOs surveyed saying they work closely with procurement and support procurement technology
Invisible transaction technologies set to take off and change payments
Retail transactions processed through “invisible payments” technologies such as Amazon Go will increase eightfold in value in the next five years, according to a study by Juniper Research
How good is your WCM performance really?
PrimeRevenue launch Working Capital Grader: an interactive tool for comparing performance with your peers