Definition
The total value of goods delivered or services provided for which payment has not yet been received.
Learn more about Accounts Receivable
Supply chain leaders must work within the supply chain organization and across the enterprise to manage customers’ perceptions. Delivering excellence in terms of the CX requires a team effort to break down functional walls and collaborate across…
Many companies do not have processes in place to control procurement spending, leading to millions in wasted dollars from untracked dark purchases.
Logistics technology creator Imaginnovate said today it has developed back-office automation for final-mile delivery carriers.
Supply chain collaboration is key to optimizing activities that link the customer to the bottom line.
If history is our guide, economies take a turn every nine years. Yet time and again, a strong business cycle and fading memories convince us the good times will go on forever. Ten years after the great recession, we surveyed 100 manufacturing…
When a recession hits, customers can reduce your revenues and stop your outbound flow of products faster than you can trim expenses and stop your inbound flow of raw materials. Working capital will be stressed as your materials pipeline backs up…
GDP growth is expected to dip across the board in 2019, and Eastern Europe is not immune from this cloudy outlook. For businesses trading within the region, this isn't so much cause for distress as it is a call to keep a close watch on…
Payment terms are a great area for leadership by procurement. But there are some pitfalls to avoid.
FusionOps, a provider of self-service, pre-built analytics for the supply chain announced the extension of its cloud-based platform. Two major new features, dashboards and sales reporting and the FusionOps iPad app, are now available.
Pioneering companies must continuously evolve their supply chains to create capabilities mandated by their business strategy to create competitive advantages. The failure to do so can be fatal.
