The Talent Show

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Image you'd the opportunity to decrease costs with tens of per cent with relative ease instead of shaving of parts of a per cent with lots of effort? What if you could decrease lead times with days instead of hours and release tied up capital making very significant impact on both the P&L and the balance sheet? Imagine that you only have to pay around 500€ for a fridge that works seamlessly for at least ten years. 50€ per year for that piece of supply chain and engineering mastery. That is really amazing.Start your own business and open a simple bank account without much engineering or supply chain excellence. That would cost 100-150€ per year, three times the cost of a fridge. The financial supply chain is as inefficient and expensive today as the physical chain was 40 years ago. The lack of competitive pressure in the financial industry has reduced innovation and created very complicated, producer centric processes. Finance is in fact very simple, it's just transporting electronic data. The simplest supply chain in the world.CFO and CPO offices are under pressure to lower costs, decrease lead times, and untie locked up capital. They are also expected to find new revenue streams and concentrate on increasing the customer value. This is what we call lean 6 sigma. It's time to take it to the corporate financial supply chain.This is the background to The Talent Show where CPO, CFO, treasurers, supply chain managers, IT and legal corporate executives meet to interact and learn from each other. At our inaugural Show the key note speakers included Murat Dogan Erden, the award winning EVP and CFO at Turkcell, Peter Carlsson, former CPO at Tesla and Jesús García-Quílez Gómez, CFO at Abengoa. The end note speaker was Gerard Chick, an award-winning speaker and author. The Talent Show, Greater Copenhagen, Sweden took place on April 26-27, 2016. Check this space to take the next opportunity to participate.

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