Maximize Margins and Minimize Risks in Your Supply Chain

Supply chain and finance leaders play an important role in improving a company’s bottom line. But they’re often speaking different languages and making decisions based on different data. How can leaders bridge these gaps? And what difference can doing so make in profitability, resilience, and business performance?

Maximizing margins cover

Financial resilience begins with a resilient supply chain

Download this e-book to learn:

Where profitability is hiding in your supply chain
Why supply chain technology is essential to extract it
How supply chain savings and reduced risk can optimize cash flows and improve your company’s financial outlook

Supply chain disruptions can have huge financial implications for your business, from lost revenue to shrinking margins. In today’s fast-paced, ever-changing world, supply chain and finance leaders need to work in sync to make better decisions, faster. This guide can help supply chain leaders make the case to their finance counterparts for more investment in supply chain optimizing technologies. It will also help finance leaders see how supply chains can be more than a cost center, but a strategic differentiator.

“Today, your supply chain can either be a cost driver or an important strategic financial asset to the business.”

— Maximizing Margins e-book

FAQ

Who is this for?

This is for two types of people: finance and supply chain leaders. For finance leaders, you’ll gain a better understanding of supply chain processes and where improved margins and better profitability might be hiding. For supply chain leaders, you’ll be equipped with the language and tools your finance friends use so you can better advocate for supply chain investments.

How can I use this e-book?

Think of this as another tool in your communications toolbelt to help break down departmental silos and work better across teams. For example, do you have an interdepartmental meeting coming up? Think about assigning this as required reading in advance to help lay the groundwork for productive discussion.

What does Total Spend Management have to do with all this?

It’s hard for supply chain and finance leaders to work together if everyone is using different language and different sources of data to make decisions. Coupa’s #1 AI Total Spend Management platform brings these departments together by helping businesses gain more visibility, adaptability, and the best data for control so they can realize greater efficiencies, make smarter trade-offs. Coupa’s community-generated AI data network and industry-leading source-to-pay platform comprise a suite of tools for streamlining and automating procurement processes, increasing visibility and guiding supplier performance management, creating control over direct and indirect spending, optimizing invoicing all while improving corporate policy and ESG regulatory compliance.