The Ledger
Curated content foranalytical business leaders
Forbes: Hatching Innovation In Sustainability And Tech: A Q&A With Rembrandt’s CFO
“Information technology and finance/accounting are very complementary. One often hears that a finance/accounting department is only as good as the data provided. The same is true for good IT departments. IT provides systems and tools for both data collection and data consumption. Accounting is the number one consumer of IT data. It is very important for the IT team to provide means to collect and maintain data used to inform the business profitability.”
Harvard Business Review: In Uncertain Times, Big Companies Need to Take Care of Their Suppliers
“The consequences of past buying practices for supply chain resilience are clear. By driving production offshore, companies have ended up with far-flung supply lines subject to logistics disruptions and huge cost escalations. Transactional behavior toward domestic suppliers has weakened them, and in industries such as autos and aerospace, it has driven consolidation. This ultimately weakens OEMs’ bargaining power, while reducing the diversity of their supply base.”
Supply Chain Dive: Facing Production Constraints, Hershey Turns to SKU Rationalization
“”Often, the pursuit of growth can lead companies to develop or release too many products in their portfolios for the sole purpose of innovation,” Wilson said. “However, if there is not a rigorous internal process for reviewing SKU impact to top and bottom-line revenue, then what was intended to be innovation can lead to negative business outputs.””
CFO Magazine: What the Ukraine Crisis Means for CFOs
“The war also reinforces the crucial importance of sound data systems that enable CFOs to drill down into their supply chains to understand where they have risks and opportunities.”