Quotidien Fintech & Blocktech / Daily News

Lundi 4 Novembre 2013

The Financial Year Links | Order to Cash Cycle -- Show Me the Money!


We need to leave no stone unturned when it comes to identifying and eliminating waste in all areas of our Supply Chain and Logistics function. The quicker the customer order gets to the shop floor or warehouse, the faster it’s shipped and the sooner we get paid.

Much of the discussion for Lean and other continuous improvement programs tends to focus on the shop floor. When talking Lean in Supply Chain & Logistics Management, one area that needs to be carefully looked at is the “Order-To-Cash” (OTC or O2C) cycle, which is made up of a series of processes starting with a customer order and ending with the receipt and payment by the same customer.

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