The United States holds the unenviable position of having a higher statutory corporate tax rate than any of our major trading partners - and all OECD countries. Among 135 nations, the U.S. rate is exceeded only by the United Arab Emirates.
The financial aspect of the supply chain is an often-neglected topic when discussing supply chain management. It is left only to the financial department, and everyone else forgets that the whole organization depends on it.
Analyst Insight: The lack of understanding of the supply chain by the financial team is the third-highest obstacle in achieving supply chain performance. The supply chain is a complex system with increasing complexity. Many unknowing financial leaders try to manage it through Excel spreadsheets which is inadequate to truly understand the trade-offs. - Lora Cecere, Founder of Supply Chain Insights