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Holistic Supply Chain Management

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Description
The Omnichannel Retail Supply Chain
A Tactical Approach to Improving Supply Chain Operations with a Focus on Working Capital Management

There is a renewal of interest in the financial elements of supply chain management today. Businesses are using agile, cloud-based technology to optimize working capital and glean liquidity from improvements in supply chain activities.

Managers previously immersed in day-to-day operations are beginning to see their role in working capital management take on a new form. They are inspecting the different components of the cash conversion cycle and finding ways to free up cash in the supply chain – a responsibility once reserved for the CFO.

In a rapidly changing global trade environment, organizations must use cash wisely while remaining open to investments that support long-term prosperity – in technology, people, and infrastructure. Today, companies are illustrating the importance of a holistic approach to working capital management, embracing new technology while adapting workflow to meet the demands of an agile, global supply chain.

Developed by
GT Nexus

Innovative Retail Technologies EDI Academy