MoreThere's been a renewal of interest in the past few years around working capital management in the supply chain. We've seen a lot of the responsibility shift to supply chain and logistics managers from the CFO, and they're focusing on the cash conversion cycle.
The advent of cloud technology makes it easier to optimize working capital. Visibility on a cloud-based platform and having standardized, electronic documentation over the network gives managers the tools they need to free up as much cash as possible in the supply chain.
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