The Importance of Working Capital and its Connection to Inventory
It would be impossible for a company to only focus on profits. To maintain a healthy balance sheet and a healthy business overall, there are many other factors to consider in addition to profit. Working capital is one of the factors your company should have a good understanding of. How is Working Capital Calculated? Working […]
Understanding the Connection Between Your Inventory and Cash-to-Cash Cycle
In The Importance of Working Capital and its Connection to Inventory, we dove into what exactly working capital is and how it can be calculated. To recap, working capital is the amount of assets a business has available after all current liabilities have been accounted for. Companies need to have a good understanding of their […]
Procurement
How Owl’s Performance Management Software Eliminated 90% of Low-Value-Added Activities for a Multi-Million Dollar CPG Company Challenge A prominent multi-million-dollar CPG company faced significant challenges in their procurement processes. Their issues revolved around the need to consolidate data from two separate ERP systems to review spending reports. The existing approach was highly manual and time-consuming, […]
White Label
Mercado Labs Helps Its Customers Measure Supply Chain Progress and Success with a White-Labeled Solution from The Owl Overview Mercado Labs is a supply chain platform that improves the way companies buy and move products they sell. Their platform automates the global supply chain across the first mile so importers can plan, buy, and move […]
Inventory Expiration
$500K saved on Nearly Expired Inventory Introduction In this case study, we’ll examine how the Head of Planning for a manufacturing company was able to cut costs on inventory expiration in a short period of time with The Owl’s Inventory Expiration module. By leveraging The Owl, the Head of Planning was able to use data-driven technology […]
Using your supply chain to prepare for a post-Covid19 reality
Henry Ford faced a business dilemma in 1914. Public opinion was that he was eccentric, crazy, an outsider. The cost of his Model T was around $500, but the per-capita income in the United States was only $354 in 1913. Additionally, factory workers were very nomadic, travelling from factory to factory to obtain higher wages. […]