Author(s):
Debora P. Darty
Debora P. Darty, Sourcing Consultant, Georgia-Pacific Corporation, Atlanta, GA 30303, 404/652-2555, ddarty@gapac.com
Norbert J. Ore
Norbert J. Ore, Group Director, Georgia-Pacific Corporation, Atlanta, GA 30303, 404/652-6741, norbert.ore@gapac.com
Cash is king! This mantra is acutely relevant for companies faced with competitive pressures and customer demands for higher productivity and lower prices. Companies that have grown through acquisition are particularly challenged as the additional debt must be serviced. Cash generation and conservation become a focal point throughout the organization. Like it or not, supply management professionals find themselves in a new role working with suppliers of leasing services to evaluate the costs and benefits of leasing.