Financial Intelligence for Supply Chain Managers: Understand the Link between Operations and Corporate Financial Performance

Financial Intelligence for Supply Chain Managers: Understand the Link between Operations and Corporate Financial Performance by Leon, Steven M.. Hardcover edition. ISBN: 9780133838312.

As a supply chain or operations professional, you may have a clear understanding of your operational performance goals. But it will take more than that to rise in the organization. You need to understand how your work powerfully impacts financial performance, based on the metrics your senior executives, board members, and investors care about most. Financial Intelligence for Supply Chain Managers gives you this insight. Leading supply chain consultant Steve Leon broadens your view of what you do every day, and helps you optimize your actions and decisions to make your entire business more successful. Using new case studies and executive interviews, Leon explains: How supply chain and operations decision-making directly impacts ROI, Return on Assets, Working Capital, Cash Conversion Cycle and other key financial metrics How to make choices that help your company lead financially from a supply chain and operations perspective What to do when executive management sets a specific financial goal What you need to know about financial documents such as balance sheets and income statements How the cross-functional nature of supply chain management makes it harder to achieve financial goals — and what to do about it How performance measures and reward systems can sometimes conflict, damaging financial performance — and what to do about that, too Whatever your current supply chain or operational role, Supply Chain Finance will help you understand what top management really cares about, and help your corporation achieve it. If you want greater responsibility (and more money), that’s how you get it.