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What Every CFO Should Know About Aligning Finance with the Supply Chain

Logility

Such alignment enables finance and supply chain leaders to fully understand each other’s challenges, goals, and opportunities and create mutually beneficial strategies that move the business toward greater compliance, higher profitability, and ongoing growth.

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SAP SE Reports Q4 and Full Year 2023 Financial Performance

Supply Chain Matters

SAP CEO Christien Klein noted in the company’s reporting that: “ SAP has delivered: We met or exceeded our outlook for 2023 in all key metrics.” For the SAP S/4 HANA Cloud segment, total backlog was reported as €5 billion, up 61 percent in constant currencies. billion at constant currencies in 2023. billion to €7.9

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What is S&OP? By Accenture Strategy Guest Blogger

Kinaxis

Metrics and Dashboard Reviews. One organization that did this well was a global consumer electronics company that operated across many competitive marketplaces and faced fluctuating currencies and foreign exchange rates. By Accenture Strategy Guest Blogger appeared first on The 21st Century Supply Chain. Forward Looking Plan.

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Supply Chain Leadership V: Howard Richman

NC State SCRC

When I was there, an employee’s base pay came every 4 weeks, and it would go up based on hitting certain metrics – Net Sales and Return on Total Assets. For example, one woman was trading foreign currencies, and took a strong position on Eurodollar. Oftentimes procurement is NOT part of the business strategy.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.

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Taking the Hill

Supply Chain Shaman

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. Financial ratios allow us to analyze performance across the peer group (large against small companies) and across currencies. The trade-offs are easier and the value network strategies more straightforward.

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Avoid “Lost in Translation”. Monetize S&OP to Include Finance.

ToolsGroup

To achieve Stage 5, S&OP must be “a fully integrated business planning forum… (where) metrics are value-based and aligned across the network and enterprise to support the required trade-offs.”. Gartner’s research is echoed by Lora Cecere of Supply Chain Insights. She says ERP is “reactive”.

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