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Uncovering Hidden Cash Lurking in Existing Business Systems

Posted on: 24-02-2016 12:49:09651


Bob Ferrari, Supply Chain Thought Leader, has published a new blog on his Supply Chain Matters website as part of his continued relationship with Every Angle. This blog focusses on the potential hidden costs that are often found lurking within complex business processes. Like Lisa, our unofficial Business Value Discovery mascot, Bob argues that supply chains are often rife with hidden opportunities for cash reduction and cash generation. The complex and enormous nature of precision engineered business systems environments, such as SAP ERP, means that processes which are only even slightly misaligned or overlooked can result in potentially huge cash saving opportunity for ERP incumbents.

In one example Bob explains that the pressures to act fast can cause organizations to download and modify data in individual Excel spreadsheets without closing the data loop in their backbone ERP application. Bob summarizes that this type of scenario can result in often undiscovered and bloated inventory.

Company heads are under constant pressure to do more with less, but too frequently they turn to the ‘tried and tested’ methods of cost reduction; regardless of their success rates. What if employees didn’t necessarily need to be let go? What if training didn’t need to be cancelled? What if those important marketing events could still go ahead? What if organizations could instead release wasted working capital currently being absorbed by the business? The findings are often surprising. Which is why Every Angle now offer a Business Value Discovery service which promises to unearth costs worth ten times the cost of the initial engagement – or there’s no charge!

Read Bob Ferrari’s new Supply Chain Matters blog in full here.

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