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During the past few years, supply chain challenges have surged to the front-of-mind for an increasingly wide number of people.  Supply issues that used to be of concern mostly to behind-the-scenes experts in logistics, transportation and inventory management have now become catch phrases for the mainstream media, retail shoppers and virtually anyone who is faced with empty store shelves or long delivery times.

Supply chain transformation was previously identified as one of the Five Key Trends to Watch in 2022 and, if anything, it has become even more crucial in the first few months of the new year.

In today’s globally competitive environment, companies need to take a strategic approach to how they manage financial processes while engaging with both suppliers and customers across a range of different countries, regions, and markets. This will require a higher level of seamless integration between the Office of the CFO and various frontline manufacturing, logistics and supply chain functions.