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Procurement and Finance Groups, Unite!

SupplyChainBrain: Procurement and Finance Groups, Unite! http://ping.fm/1RIX9

Financial failure tops supply chain risks

Global risk advisers, Aon and strategic business partner, State of Flux, have published the 2009 Risk in 21st Century Supply Chain survey, in which 75% of respondents site financial failure as the greatest risk to their supply chain. Other key risks identified by 43% of firms are physical damage at a supplier’s facility and 29% highlight data security.

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Supply chain execs fear protectionism could lead to global depression

More than 80 percent of supply chain managers recently polled at manufacturing companies involved in international trade expressed concern that growing protectionism could sink the world into a global depression. Respondents also feared the current economic downturn could result in a prolonged reversal of world trade. On a somewhat brighter note, three-quarters of them believed the recession would not last more than another 12 months.

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Recession: How Will You Play to Win? | Chief Financial Officer | CFO | Economic Downturn - Deloitte LLP

Chief financial officers (CFOs) are confronted with unimaginable circumstances resulting from a worldwide credit crunch and an inevitably challenging recession. It’s increasingly important for CFOs to be efficient operators of their finance business, stewards who manage to preserve value, catalysts for changes that drive new efficiencies and strategists in a new, post-recession environment.

Recession: How Will You Play to Win? | Chief Financial Officer | CFO | Economic Downturn - Deloitte LLP

Benchmarking Foreign Innovation

While many nations have taken the innovation challenge to heart and put in place a host of policies to spur innovation, the United States has done little, consequently falling behind in innovation policies and risking falling behind in innovation performance as well.

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