Businesses continue to cut back as the economy continues to worsen - seemingly every day. Cutting costs in a reasonable and smart manner is required; however, cost cutting alone rarely achieves success.
Businesses should always look for ways to increase cash flow.
With all the competing demands within a supply chain organization, a $1 Million Dollar Planner is the person that can see the bigger picture and communicate just how the company’s objectives can be achieved.
You wouldn’t think so from the way companies are hoarding cash; however, in general, they have a stockpile of cash and remain leery to spend it. Last year, there was a 2% decrease in days working capital (DWC), according to CFO Magazine.
To succeed in the new normal, supply chain can be your strategic advantage.
The recovery is here; there’s no more time for analysis and inaction.
Those businesses who are prepared and ready to leverage opportunities will be those who succeed during this “new normal” timeframe.
