|
Companies spend millions wringing every bit of inefficiency from supply chains. But, there is a hidden trove of efficiency and value that leading companies are just beginning to consider. While streamlining the physical and financial supply chain provides significant value, greater collaboration between the two is necessary for the full economic benefits.
Two supply chains exist in virtually all forms of commerce, the physical supply chain and the financial supply chain. The management of the physical supply chain has evolved from physical logistics management to more sophisticated transaction management and now to planning and collaboration between trading partners. Most companies have spent the last few years focused on improving physical supply chain efficiency. Some of the benefits include shorter time to market, reduced production costs, reduced inventory costs, and better collaboration between trading parties.
Please login below to access
the full text of this paper. If you are not currently an online member or subscriber
sign-up today, it's free. For online membership, click
here.
|
