Tag Archive: finance

Why Financial Acumen is Relevant to Operations

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As we brainstormed our unique value proposition with our advisory board and marketing team, the topic of financial acumen rose to the surface. Traditionally, we’ve talked about people, processes and systems and how our unique combination of these elements delivers superior business performance; however, this statement failed to include a vital element of our success — financial acumen. When I was a VP of Operations and Supply Chain, we constantly were pursuing how to reduce costs while improving the performance of the product and service to our customers. Understanding how to get to true costs — not double or triple…
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