For these reasons, the supply chain is a natural focus for CFOs. It determines how cash will flow through the business and where capital will be invested to fuel the company. CFOs across the board agree it is imperative to transform the supply chain into a high-performance competitive advantage. According to research from SCM World, CFOs report the top pressures driving their companies to improve supply chain management include:
CFOs strongly believe good supply chain performance is vital to financial success and studies have shown a majority of CFOs believe the supply chain is directly linked to their ability to meet corporate objectives.