Supply Chain Management and Logistics Blog. Posts are about end-to-end supply chain management and logistics in a time of challenging disruption. Tom provides leading supply chain management and logistics consulting and advisory assistance based on real-world experience. He brings authority and domain expertise to clients. Email Tom at: tomc@ltdmgmt.com Check Tom's profile at: https://www.linkedin.com/in/tomcraig1/
Thursday, November 6, 2014
ACCOUNTING & SUPPLY CHAIN MANAGEMENT
We believe that Accounting is still back 100 years with the Ford Model A, when labor
was the big cost, and there was no real international activity. They view inventory as an asset, and it shows
on the balance sheet. They treat freight
and warehouse as costs on the monthly P&L.
And nowhere on any recognized financial statement is service. And therein lies the rub with supply chain
management.
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