Today’s achievement is tomorrow’s expectation | Balancing cost reduction and performance improvement As growth in many global economies has slowed, companies are seeking savings and efficiencies to help offset the downward pressure on revenues. Since a large portion of an organization's expenses flows through it's supply chain, it will come as no surprise management will expect its supply chain organization (pdf, 880kb) to increase efficiencies during the current downturn. To better guide their companies, it is important to recognize where these efficiencies may be found, to understand how leading companies approach their global supply chains, and to take the appropriate actions. Working capital management In recent years, European telecom operators have achieved considerable progress in developing new sources of revenue, while improving operational and financial performance, resulting in better sales growth, strong balance sheets and positive free cash flow. "Cash generation: performance in working capital management" considers the active management of working capital. Request your copy. What's next for the CFO? CFOs are finding themselves caught between expectations that they will help create a company’s strategic direction, and the weight of compliance and regulation. How can a CFO balance the demands on their time? We surveyed 250 top C-suite executives across the world to gain insight into what’s next for the CFO. Supply chain sustainability |
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IFRSIn an increasingly international market, the move to a globally agreed set of accounting standards seems a natural progression.
Learn more about how Ernst & Young can help you with the adoption of IFRS.
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