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chief financial officer

Why Financial Reengineering Does Not Equal Supply Chain Improvement

By | metrics that matter, Uncategorized | 5 Comments

Financial Reengineering is the radical redesign of business processes and organizational structure in order to achieve significant improvements in performance, such as productivity, cost reduction, cycle time, and quality. It is the basis for many recent developments in management. Sounds good? Right? Think again. The traditional supply chain leader was only focused on cost reduction. This sounds aligned with financial reengineering. Right? The correct answer is “Wrong.” Let me explain. Financial…

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