Under ‘normal’ circumstances, optimizing back-office business activities such as paying bills, processing orders, and collecting cash isn’t at the top of the average organization’s priority list. But as we’re finding out now, no company is immune from the effects of an economic downturn. Many cash-compromised CFOs and COOs have rightfully turned their attention toward minimizing the negative impact of supply chain disruptions on working capital.

With economic volatility expected to continue or get worse, the reality for today’s companies is clear. This is either the moment to seize or sustain competitive advantage – not doing so risks damaging the financial health of the organization.

In this livestream-based episode, hosts Scott Luton and Greg White were joined by Dan Reeve, Vikas Shah, and Dr. Morgen Swink to discuss how business leaders are combatting rising prices and supply chain pressures to boost cash flow and ensure business resilience, no matter what comes next.

• Why companies need to be aware of the risk factors associated with all of their suppliers – and their large customers as well

• What kind of a cash position most companies are in currently, and how they are planning to manage their working capital going forward given the current uncertainty in most markets

• How a company’s supplier payment strategy and platform is critical to building and maintaining strategic supplier relationships

Additional Links & Resources:

Learn more about Supply Chain Now: https://supplychainnow.com/program/supply-chain-now

Subscribe to Supply Chain Now and all other Supply Chain Now programs: https://supplychainnow.com/subscribe

Check out the 2022 Supply Chain and Procurement Awards: https://supplychainprocurementawards.com/

Supply Chain Automation: Optimizing Cash Flow in the Age of Uncertainty: https://bit.ly/3vQvrU7

Meet with 6 River Systems at Modex: https://bit.ly/3tkmcsa

Join 6 River Systems' interactive site tour at Verte on March 30th: https://bit.ly/3vl0d7k

Global Upstate Conference on International Business and Foreign Affairs: https://upstateinternational.org/global-upstate-conference/

This episode was hosted by Scott Luton and Greg White. For additional information, please visit our dedicated show page at: https://supplychainnow.com/boom-bust-future-supply-chain-leaders-resilience-cashflow-854