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how to calculate dio

How to calculate DIO?

Days Inventory Outstanding (DIO) is a liquidity metric that measures the average number of days a company takes to sell its inventory. Efficient inventory management is an important part of the success of any business. One key metric that helps in evaluating how well a company manages its inventory is Days Inventory Outstanding (DIO). DIO […]

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how to calculate dpo

How to calculate DPO?

Days Payable Outstanding (DPO) is a key financial metric that indicates how long a company takes to pay its suppliers. A well-managed DPO can lead to improved cash flow, allowing a company to use its available funds more effectively. It also impacts relationships with suppliers, as consistently delayed payments can strain these relationships, potentially leading

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spend management

5 steps for effective spend management

Effective spend management is crucial for maintaining financial health and achieving long-term success in today’s world. Whether you’re a small startup or a large corporation, understanding and controlling your expenses can make a significant difference in your bottom line. Spend management not only helps in saving money but also ensures that your financial resources are

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how to calculate DSO

How to calculate DSO?

Days Sales Outstanding (DSO) is a critical financial metric that measures the average number of days it takes a company to collect payment after making a sale. Understanding DSO is crucial for businesses as it provides insights into the efficiency of their accounts receivable processes and overall financial health. A well-managed DSO can improve cash

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supply chain podcasts

21 supply chain podcasts you need to know about

Staying updated in the world of supply chain and logistics requires reliable sources of information. Podcasts have become an invaluable tool for professionals to gain insights from industry leaders, stay informed on trends, and explore innovative solutions. With their convenience and accessibility, podcasts allow you to learn on the go, whether you’re commuting, working out,

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what is esg

What is ESG?

In modern business, the concept of ESG (Environmental, Social, Governance) has risen to prominence, not just as a metric of sustainability but as a crucial component of corporate strategy. ESG represents a set of standards for a company’s operations that socially conscious investors use to screen potential investments. There are three main criteria: the Environmental

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Supply chain finance in construction

How the construction industry can benefit from supply chain finance

Efficient resource flow management is critical in a sector as vital and changing as construction. But even the strongest businesses can suffer from supply chain complexities, something the construction industry frequently faces. Here’s where supply chain finance in construction becomes a game-changer, providing strong answers to typical financial roadblocks. The importance of supply chain in

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the role of treasury in supply chain finance

The role of treasury in supply chain finance (SCF)

The treasury role is essential to supply chain finance (reverse factoring) because it controls the financial risks associated with the supply chain and makes sure the company has the liquidity it needs to meet its operational demands. This involves a strategic approach to managing capital and financial resources, ensuring that the company can optimise its

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cfo challenges

Challenges for CFOs in 2024

The scope of a CFO’s responsibilities has expanded to include strategic partnership, technological innovation, and driving business growth. In fact, the modern challenges of a CFO dictate that they are no longer just the gatekeeper of financial integrity but they have gradually become architects of business strategy, providing their unique insight into financial data therefore,

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