Don’t look now, but it’s officially August! There are exactly 5 weeks until Labor Day, which means you’re either trying to hold onto summer as long as you can or you’re counting the days until the first day of school because your three small children are so loud and active they make it very hard to objectively stay on top of the comings and goings in procurement and Wait! Don’t color on my podcast interview notes with crayon – I NEED those!! (But enough about me…) Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.
“…more than 70% of the top 1,000 companies around the world will have adopted supply chain finance programmes within the next couple of years.” (p. xiii)
Financing the End-to-End Supply Chain, by Simon Templar, Erik Hofmann, Charles Findlay, is an educational investment that many procurement and supply chain professionals will benefit from. Despite being one of the top ‘up and coming’ professional topics, there is still a lack of solid understanding in the professions that will be required to see supply chain finance programs through.
I came to this review with just enough knowledge to be dangerous – and enthusiastic. In my opinion, supply chain finance is the ‘Robotic Process Automation’ (RPA) of 2016. BY 2017, SCF will be a regular part of corporate conversations across industries and geographies.
This week’s event schedule is a little crazy – one on Tuesday, one of Wednesday, and then EIGHT on Thursday! With that many events, there is bound to be one that you’ll benefit from. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.
One of my father’s favorite sayings was “Less Jaw work and more Paw work”. In other words, enough talking, it is time to get moving!
As the Saying goes – Try, Try, Again. You learn from what you did wrong, make the necessary adjustments and try again. Of course, learning from others mistakes in the first place is even better and a highly recommended approach.
I can remember as a teenager having a bad attitude about something. It could be homework, a chore of some kind or even a social engagement that I did not want to attend but I had to. I often got the “your attitude will determine the kind of day you have” message. I did not believe them but of course that was very accurate. It was better if I made up my mind for it to be better.
We have talked about how Supply Chain finance can benefit everyone in the supply chain. In order for processes to be sustainable long term, they need to have solid benefits for those involved. Otherwise, at some point it will break down. However, we are referring to your suppliers and customers, NOT your competitors!
There is a phrase of "win, win, win" where the buyer, the supplier and the customer all benefit. With Supply Chain Finance, that is just the case.
How an organization manages its money is critical. That is nothing new. However, there are trends in procurement influencing how that is done.