Synopses & Reviews
Discover how your supply chain and operations work impacts financial performance, and how to align your efforts to help your company succeed – the fastest, best way to supercharge your own career! As a supply chain or operations professional, you may clearly understand your operational performance goals. But if you want to get promoted, you need to know how your day-to-day work powerfully impacts the financial metrics your top executives care about most.
Financial Intelligence for Supply Chain Managers gives you this insight. Steve Leon broadens your view of what you do every day, so you can make your entire business more successful. Using new case studies and executive interviews, Leon explains:
- How supply chain and operations decision-making directly impacts ROI, Return on Assets, Working Capital, Cash Conversion Cycle and other key financial metrics
- How to make choices that help your company lead financially from a supply chain and operations perspective
- What to do when executive management sets a specific financial goal
- How the cross-functional nature of supply chain management makes it harder to achieve financial goals – and what to do about it
- What you need to know about financial documents such as balance sheets and income statements
- How performance measures and reward systems can sometimes conflict, damaging financial performance – and what to do about that, too
Supply Chain Finance will be indispensable to everyone with supply chain or operations responsibilities -- in inventory, purchasing, sourcing, logistics, transportation, manufacturing, service operations, forecasting, demand management, supply chain network design, process improvement, supply management, project management, and beyond!
Synopsis
As a supply chain or operations professional, you may have a clear understanding of your operational performance goals. But it will take more than that to rise in the organization. You need to understand how your work powerfully impacts financial performance, based on the metrics your senior executives, board members, and investors care about most.
Financial Intelligence for Supply Chain Managers gives you this insight.
Leading supply chain consultant Steve Leon broadens your view of what you do every day, and helps you optimize your actions and decisions to make your entire business more successful. Using new case studies and executive interviews, Leon explains:
- How supply chain and operations decision-making directly impacts ROI, Return on Assets, Working Capital, Cash Conversion Cycle and other key financial metrics
- How to make choices that help your company lead financially from a supply chain and operations perspective
- What to do when executive management sets a specific financial goal
- What you need to know about financial documents such as balance sheets and income statements
- How the cross-functional nature of supply chain management makes it harder to achieve financial goals -- and what to do about it
- How performance measures and reward systems can sometimes conflict, damaging financial performance -- and what to do about that, too
Whatever your current supply chain or operational role, Supply Chain Finance will help you understand what top management really cares about, and help your corporation achieve it. If you want greater responsibility (and more money), that's how you get it.
About the Author
STEVE LEON (Orlando, FL area), Clinical Professor at the University of Central Florida, teaches supply chain and operations management in its Executive MBA, MBA, and undergraduate programs. His research focuses on supply chain performance, sustainability, entrepreneurship, and air transportation. He publishes and presents widely in both academic and industry publications and forums worldwide. Before joining UCF, he had an 18-year career in the airline industry, principally in flight operations, training, and satellite communications. He holds a Ph.D. in Transportation and Logistics from North Dakota State University, an MBA with an International Business concentration from Loyola University Maryland, and a B.S. in Aeronautical Studies from the University of North Dakota. He is author of Sustainability in Supply Chain Management Casebook: Applications in SCM.
Table of Contents
I. Corporate Financial Goals and Objective
II. Supply Chain Management
III. Financial Ratios
IV. Income Statement
V. Balance Sheet
VI. Cash Flow Statement
VII. Cash Conversion Cycle
VII. Inter-Intra Firm Collaboration