Tag: order to cash

Managing an Optimal Order to Cash Process

Receiving orders and receiving cash is the lifeblood of a profitable business.  However, the activities between the time the order is received to actually receiving the promised cash in the bank account is a process ripe with risks and opportunities.  There have been many years of conversations regarding Lean in supply chain and logistics management.  An area that should be examined as part of Lean is the order to cash cycle (O2C).  This cycle is…
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