On Financial Supply chain management...
Filed in archive Point of view by ehsan on January 04, 2007

As a definition, SAP provides this:
Financial supply chain management is the most effective approach to optimize working capital levels, streamline accounts receivable
processes, and eliminate excess costs linked to payments.I think it's all because of the increasing importance of managing cash flow. Running out of money at certain points in time, even though you might have a lot as inventory, has become more probable. And, another thing, I also believe that Financial SCM is beyond some systems to automate monitoring accounts receivables, etc. but a lot about soft skills and negotiation with suppliers to change the terms of contracts.
Am I right?
Permalink: On Financial Supply chain management...
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financial supply+chain supply chain management chain+management financial+supply
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