Supply Chain Vector [Electronic resources] : Methods for Linking the Execution of Global Business Models With Financial Performance نسخه متنی

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Supply Chain Vector [Electronic resources] : Methods for Linking the Execution of Global Business Models With Financial Performance - نسخه متنی

Daniel L. Gardner

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Summary

Whether analyzing the drivers of sales, COGS or GS&A expense, the relationship between income statement performance and the tactical components of lead time, landed costs and inventory availability should now be abundantly clear. The key for today's global manager is to be aware that these links exist, understand their impact at multiple levels of the income statement and, most importantly, be in a position to act on what is uncovered. In conjunction with conscientious, long-term management of the balance sheet, daily attention to the income statement will enhance productivity and, ultimately, profitability. Without this broad-based, financially oriented mentality, organizations will be left to rely on hearsay, guesswork and flawed judgment to run their businesses.

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