Guide
CFO’s Guide to Improved Cash Flow Through Tighter Inventory Control
The guide emphasizes the importance for CFOs of improving cash flow by managing inventory more effectively amid economic challenges. It outlines strategies such as rationalizing product lines to focus on high-profit items, fine-tuning demand forecasts to avoid surplus inventory, and optimizing inventory levels to minimize carrying costs. The guide also suggests enhancing inventory data accuracy and minimizing fulfillment costs by leveraging advanced inventory and financial management systems. These steps are crucial for maintaining profitability and operational efficiency.