The Ledger

Curated content for
analytical business leaders

Are You Prepared For a Labor Shortage?

The manufacturing industry projects a massive decrease in labor by 2030 due to the lack of upcoming engineers. This labor shortage can have serious consequences on the manufacturing industry as a whole. This could lead to wage inflation and an unhealthy war for talent, which could in turn adversely affect the overall productivity and profitability of the entire industry. So how can companies prepare for this challenge?

Read More at The Digitalist by SAP >

 

New Metrics for CFOs

A CFO’s primary role is in finance, but in the current business environment, effective CFOs fill many other roles as well: contending with regulatory change, keeping an eye on dynamic trade patterns, staying up-to-date in the industry, adopting new technology and data modelling techniques, communicating enterprise-wide, and providing strategic direction for the business as a whole. The role is evolving into a mix between CFO and CEO, which makes the hiring process for these roles so much more important.

Read More at Global Finance Magazine >

 

Digital Strength Leads to a Strong Business

Today, almost every business is focusing on how to drive profitability through digital. Whether digital is being used for improving omni-channel commerce or developing digital extensions to product lines, it is an important tool to stay competitive. Many business leaders are finding that traditional metrics underestimate the impact of digital, leaving their organization vulnerable to competitors. Digital strength may be the most important determinant of business health and future growth, but many managers are missing the digital signals that could help them better compete.

Read More at The Digitalist by SAP >

 

Transform Your Supply Chain With 5 Steps

How do you transform a supply chain finance program from a supplier early-payment initiative into a powerful working capital solution? The answer is an analysis-driven approach that can be broken down into five steps: Benchmark supplier terms and identify optimization opportunities, prioritize suppliers for program on-boarding, customize your message based on your supplier targets, arm your sourcing team with the right training, tools, and negotiation support, and measure for continuous performance improvement. These steps will allow finance professionals to free the cash hidden in their supply chain.

Read More at The Digitalist by SAP >