Author: Pete Loughlin

22 Aug

Posted at 09:07h in Dynamic Discounting, Financial Supply Chain Management, Supply Chain Finance by
1 Like
So you think DPO is important? Well it is of course but manging it effectively comes at a price and it may be higher than you think. DPO (days payables outstanding) is an imoportant KPI for AP people but in many cases there is a hidden cost in keeping DPO figures high. It's the often significant opportunity cost of not taking discounts.

16 Aug

Posted at 16:03h in AP Automation by
1 Like
Capture technology is old right? Scanning business documents for archiving, processing and workflow is at least a 20 year old way or working. And as we increasingly use email and electronic messaging, our reliance on paper for business is diminishing. So capture as a business technology has no future. Right? – Wrong. Capture is alive and thriving and, as a recent Forrester report explains, it’s got a bright future.

17 Jul

Posted at 14:24h in Supply Chain by
0 Likes
This month, State of Flux, the London based procurement and supply chain consultancy, has launched its fourth annual Global SRM Survey 2012 which is, for the first time, divided into two areas: a buy-side survey to validate the procurement and supply chain perspective and a sell-side survey that captures the account team perspective of SRM. The new approach should provide one of the fairest reviews to date of both the supplier and the customer experiences of current SRM globally.

16 Jul

Posted at 07:59h in Supply Chain Finance, Vendor Risk Management by
1 Like
Many suppliers will offer a discount for early payment. The decision to accept the discount is normally based on two factors. Are you in a position to pay the invoice early? (i.e. are your purchase to pay processes efficient enough to do so) and secondly, the size of the discount. What is not normally considered is arguably the most important factor of all – the mitigation of risk.