Can the concept of financial supply chain management reduce the amount of cash corporations need to hold? Is the parallel with erp useful?
Answer Posted / Vipin Chandra Pal
Yes, Financial Supply Chain Management (FSCM) can help reduce the amount of cash that corporations need to hold by optimizing cash-to-cash cycles. This optimization is achieved through improved forecasting, inventory management, and payment terms negotiation. The parallel with ERP (Enterprise Resource Planning) is useful as FSCM is an integral part of SAP's ERP solution suite.
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