Supply Chain Finance can help you identify ways to identify, free up, and exploit assets just sitting there. I recently completed an inventory management class and we got to talking about the assets that are sitting around an organization.
We did a quick exercise identifying the assets sitting around and the biggest one nobody had a clue about was cash. The company financial person took everyone through the identification of how much cash is sitting around the company and you should have seen the eyes get wide.
A lot of small actions, if acted on, added up to a potload of money. Take the time to identify the small actions at your place and you too will come up with a lot of cash. If you want to see the impact of this, let me know and we'll set up a demo of The Cool Connection and you'll see for yourself what a rockstar you could be yourself back at work or with your client
BLOG AUTHOR:
CHUCK NEMER
CSCP, CPIM, CLTD, CHSCA, CSSC, CPIA
FOUNDER, THE GURU OF BIZ
EMAIL : chuck@theguruofbiz.com
WE HELP SUPPLY CHAIN PROFESSIONALS MAKE MONEY, SAVE MONEY, AND FIX PROBLEMS WITHOUT PAYING BIG FEES
Chuck Nemer is a trainer/consultant with 40 years of experience in Supply Chain Management, Lean, Leadership, and APICS. He currently works with approximately 50 universities and 3000 students annually in supporting the use and play of the simulations in the classroom. Within those 40 years, he has taught, and continues to teach, professional certification classes for APICS, professional development seminars and programs on his own, and on behalf of colleges in their outreach programs to local and regional manufacturing firms.
FRONTIERS OF SUPPLY CHAIN MANAGEMENT.
This LinkedIn group is all about a place to learn and discuss what's going on at the frontiers of supply chain management. We are posting supply chain articles, news, host interviews, and host live streaming conversations so you can stay on top of what's going on in supply chain.