Supply chain management is certain to sizzle on through 2008. Integrated physical and financial supply chains were once a possibility for successful trade; now they’re essential.
For supply chain managers and their partners — from the finance department to the factory floor — there’s fresh interest in understanding how supply chain practices help define effective working capital management. How you move goods and make payments related to your sourcing and inventory can dramatically affect the amount of cash your business carries in its “wallet.”
But as you shop for the tools, tactics, platforms and partners that will help you manage your supply chain holistically, be sure to insist on a key component — visibility. Navigating through your strategy for global growth could be tough without it.