What is Supply Chain Planning (SCP)?
Supply chain planning (SCP) helps businesses ensure there’s enough product on hand to meet customer demand in the most efficient way possible. SCP uses forecasting, pricing strategy and inventory management techniques to identify raw materials and components that need to be purchased from suppliers as well as establish an optimized roadmap around production, fulfillment and […]
Financial Automation & Real-Time Business Insights Help DeNA Level Up
Founded in 1999, DeNA has grown rapidly over the past two decades. Today, it designs mobile games, free-to-play mobile apps and browser games. It also operates and develops a range of products and services, including ecommerce websites, entertainment content distribution and artificial intelligence (AI) technology. As DeNA grew and moved into new markets across Asia-Pacific, […]
What is Accounts Payable Automation (AP Automation)?
Automating accounts payable makes this time-consuming process more efficient and accurate. What’s not to like? By reducing the amount of manual tasks associated with accounts payable–like receiving invoices, coding them, routing them for approval, payment and reconciliation–AP automation helps businesses improve relationships with suppliers and partners, while saving time and money, reducing days sales outstanding […]
What is Cash Flow Analysis?
A cash flow analysis correlates line items across operating, investing and financing activities to create a cash flow statement that records how cash is coming in and how cash is going out. Organizations use this to review and analyze the current state of business, spotting trends and making adjustments where necessary. What is Cash Flow […]
Accounts Payable (AP) vs Accounts Receivable (AR)
Accounts payable (or AP) represents the amount of money a business owes to creditors and suppliers. Accounts receivable (or AR) is the amount of money owed to a company from creditors, such as customers, distributors and partners. AP is recorded as a liability on a company’s balance sheet, while AR is recorded as an asset. […]
What is ABC Inventory Analysis?
ABC inventory analysis is an inventory management technique that classifies inventory items based on their value to the business, using a ranking system that incorporates demand, cost and risk data. Inventory managers then group items into classes based on that criteria to help refine operational processes and ultimately help businesses more easily control working capital […]
What is Financial Modeling?
Financial modeling is a tool businesses use to determine likely financial outcomes based on historical performance as well as assumptions about future revenue, expenses and other variables. Financial modeling helps businesses guide financial planning and strategic decisions. What is Financial Modeling? – YouTube
Tips for Stabilizing Cash Flow
Stabilizing your cash flow is even more important these days. Some of the most common setbacks are late payments and long cash conversion cycles. Here’s how to proactively avoid them, and safeguard your company’s growth. Tips for Stabilizing Cash Flow – YouTube
What is Distribution Management?
Distribution management organizes everything needed to get the right product to the right buyer at the right time. It tracks the movement of goods from supplier to manufacturer to wholesaler or retailer and finally to the end consumer. Therefore, it includes processes and activities around raw good vendor management, packaging, warehousing, inventory, supply chain and […]
What is Order Fulfillment?
Order fulfillment is the process of receiving and processing goods for distribution to a customer based on that customer’s specifications. Order fulfillment takes place in distribution centers and usually includes inventory management, supply chain management, order processing, quality control and support, as well as exchanges or returns. What is Order Fulfillment? – YouTube
