STAMFORD, Connecticut, December 10, 2014 /PRNewswire/ --
Presentation will cover common barriers and challenges, two critical metrics for driving business improvement, lessons learned from successful supply chain companies, and steps to make it happen.
Lora Cecere, founder and CEO of Supply Chain Insights and author of Metrics That Matter (Wiley, release date December 22, 2014) will discuss the importance of two key metrics - operating margin and inventory turns - in driving business improvement in the complementary webinar, "Connecting Financial and Operating Data," on Thursday, December 11, from 11:00 a.m. to noon, EST.
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"Faced with rising complexity and slowing growth, supply chain companies are struggling to improve balance sheet results. While all companies have improved revenue per employee, this efficiency improvement has not translated into operating margin improvements. And while cash-to-cash cycles have also improved, it is not due to improvements in inventory positions. Most companies feel stuck, as if they are being held hostage by traditional supply chain practices," said Cecere.
During the webinar, Cecere discuss why traditional focuses on functional areas or projects stymy improvement in the current business climate. She'll share lessons learned from the most successful supply chain companies - identified in the 2014 research report, "Supply Chains to Admire"- and demonstrate the insights gained by visually mapping key metrics. She will also talk about the role of technology in supporting critical data integration and analysis.
"In our experience, finance leads the way in bringing together operational and financial data for an enterprise-level view into the overall business impact of specific operational business decisions. As Lora's research shows, a myopic view by either operations or finance leads to decisions that erode margins," said Dave Kasabian, chief marketing officer for Tagetik. "Lora's presentation will offer practical, research-based guidance and real-world examples that can help financial professionals in supply chain companies quantify the value of bringing together finance and operational planning. While Tagetik offers a solution that addresses this challenge, this webinar is solely focused on Lora's research and her insight into the impact of finance and operational alignment on operating margins, market capitalization and other key performance metrics."
To register for the webinar, click here. https://attendee.gotowebinar.com/register/100000000065490963;jsessionid=abcUiiIdQe-fX75c8USOu
About Tagetik
Tagetik is one of the fastest growing global software companies in the performance management market, with operations in more than 30 countries and more than 650 customers worldwide. Tagetik delivers enterprise solutions while providing a 'boutique' experience, resulting in the highest level of client satisfaction in the industry.
With deployment options in the cloud or on-premises, Tagetik 5 provides robust functionality for budgeting, planning, forecasting, consolidation, close, reporting, profitability analysis, disclosure management, financial governance, and business intelligence - all from a single, unified platform focused around four core areas: usability, mobility, velocity, and flexibility. By moving to a unified financial solution, Tagetik customers have dramatically increased organizational efficiencies, reduced risk, saved money and improved their companies' bottom lines.
To learn more, visit http://www.tagetik.com
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About Lora Cecere
Lora Cecere is the founder and CEO of Supply Chain Insights, a company focused on providing independent, actionable and objective research and guidance for supply chain leaders. She is the author of two books, Bricks Matter and Metrics That Matter (available December 22, 2014). She is also a regular contributor to publications such as Forbes, Supply Chain Management Review, and CIO Magazine. In her "spare" writing time, she authors the popular blog, Supply Chain Shaman.
Prior to founding Supply Chain Insights, Cecere had nine years of experience working for analyst firms Gartner, AMR Research, and the Altimeter Group. She also has 10 years of experience working for supply chain technology companies.
Tagetik Corporate Press Contacts:
Elisabetta Pierallini
Luca Pieretti
+39-0583-96811
lucapieretti@tagetik.com
Tagetik UK Press Contact:
Shazna Virmani
+44-203-427-5484
shaznavirmani@tagetik.com
Tagetik US Press Contact:
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insidHR Communications
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