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Why do you need to know about the balance sheet if you are in Supply Chain; maybe in planning, S&OP/ IBP and you are not an Accountant? Fair question. To advance in your career and improve in your sales and operations planning or in integrated business planning, you need to know the languag…
I am not an Accountant; Why do I need to know about cash flow if I am in Supply chain, I am in planning, S&OP? Fair question. To advance in your career and improve in your sales and operations planning or in integrated business planning, you need to know the language of the business. And th…
There are so many acronyms that we use in planning! In this episode, you will learn the terminology and key concepts about all of them: - S&OP—Sales and Operations Planning - SIOP—Sales, Inventory, and Operations Planning - IBP—Integrated Business Planning - FP&A—Financial Planning an…
Why do you need to know about Finance if you are in Supply Chain? Being in Supply Chain, Logistics, Operations, Procurement, you have a massive impact on the business financial performance. In this episode, you will learn about the three core financial statements: - Income Statement or Profit…
The Profit and Loss Statement or P&L? Why do I need to know about that if I am in Supply chain? These are valid questions. Supply Chain is not Finance or Accounting. But, we need Finance and Accounting to be successful in Supply Chain careers and to improve in sales and operations plannin…
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