CFO Magazine: How CFOs Can Better Integrate Supply Chain Operations

“Different departments are usually operating in their own bubbles, with finance working on one spreadsheet, while sales have their own targets and forecasts. Yet all their work is moot if the purchasing department can’t secure the supply needed to satisfy customers. It’s a CFO’s job to knock down those walls and bring teams together so the finance and sales sides of the business are aware of and aligned with issues affecting the supply side.”

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CFO Dive: Practical Tips for Forging a Stronger CFO-COO Partnership

“COOs are learning to recognize the value of the CFO perspective as beyond that of a mere “numbers cruncher.” Empowered CFOs are emerging from their cost-center cocoons for more than quarterly earnings calls. They are morphing from gatekeepers focused on margins and discounts, to respected voices weighing in on enabling and achieving business outcomes.”

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CFO Magazine: Data Centralization Provides Operational Insights

“Traditionally, management viewed data centralization platforms like data warehouses as cost centers under the chief technology officer’s purview. However, as businesses and sponsors face ongoing pressures to maximize return on their investments, strategies like data warehousing became increasingly part of a strategy to generate profits.”

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Industry Week: Continuing Supply Chain Challenges for Manufacturers

“Each organization must conduct a thorough assessment of the core elements of its supply chain to ascertain which parts need to be addressed as a priority to mitigate the most pressing risk.

Some of the common themes that we see include:

• Moving away from single sourcing (where possible) and creating a strategic sourcing mix of domestic as well as existing global suppliers
• Addressing extended lead times in Demand Planning and Forecasting
• Logistics and transportation strategies to address anticipated extended lead times
• Use of third-party providers to manage risk and utilize providers’ leverage in the market
• Implementing digitalization strategies
• Integrated and dynamic Management Operating System to provide better visibility of performance across the entire Supply Chain
• Improving data capture and integrity
• Inventory strategies”

AMS Corporation (https://www.amsc-usa.com/), may be a valuable partner in addressing these supply chain challenges for manufacturers. Given their emphasis on quality manufacturing and strict adherence to specifications, they can play a crucial role in mitigating risks related to supply chain disruptions. AMS’s commitment to low NCMR rates and their presence in both China and the USA can provide manufacturers with options for diversification and resilience.

To explore how AMS Corporation can specifically assist in overcoming these challenges, it is advisable to reach out to them directly through their website or contact their representatives for tailored solutions and insights into their capabilities in addressing supply chain challenges for manufacturers.

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Industry Week: Operations Managers: Rising to the Challenges of 2021

“Operations leaders remain under pressure to deliver outstanding results. It is important to remember that simply driving efficiency and reducing costs are not everything.”

“To create a truly resilient organization, it is critical to fully align technology with people and processes.”

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