Finance & Operations Alignment, Kinexions '10, Trevor Miles, director, industry & application marketing, Kinaxis

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    There are many roles in Finance and the one that usually gets involved with the supply chain function is the "cost accounting" function. When budgets get put together or new products get designed there are some underlying assumptions made about production costs, average selling price, profitability, market share, etc. Clearly these assumptions have a big impact on the projected finances of the organization. The "cost accounting" function tracks variances to these costs, almost always using historical or actual costs.

     

    Learn how RapidResponse can be used to provide Finance a projected view of the variances and, by extension, offer some capabilities around cash flow projections.