Beschrijving

Many utilities are scrambling to find ways to preserve cash. The dual blows of demand slowdown and the credit crunch make having cash on hand an essential component of doing business. Utility supply chain management (SCM) executives need to actively seek out ways to preserve cash in SCM-related activities. The good news is that there are a number of cash-preservation ideas that utility SCM executives can implement. By engaging the chief financial officer and the executive team for support and cross–functional resources, as well as applying active review of current and planned expenditures and programs, utility companies can find and free cash in various areas of the supply chain.