Chain Reaction Podcast Supply Chains Improve Cash Flows
Supply Chain Management is critical to improving cash flows. When we think of supply chains we think of material flows and not about cash flows but it is the latter that is equally important and impacted by the actions we take in our supply chains. The big consulting firms bang on about profitability and return on investment both are important but there is one variable even more so. It is cash flow because without cash the business may not continue into the future to earn profit and return on investment. In this episode Tony Hines makes the point that supply chain actions determine cash flows and that may be the difference between success and failure.
Further Reading about this topic:
https://www.routledge.com/Supply-Chain-Strategies-Demand-Driven-and-Customer-Focused/Hines/p/book/9780415683197
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