What is the P&L: Explained for Supply Chain Professionals

19/12/2023 14 min Episodio 43
What is the P&L: Explained for Supply Chain Professionals

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Episode Synopsis

The Profit and Loss Statement or P&L? Why do I need to know about that if I am in Supply chain?   These are valid questions. Supply Chain is not Finance or Accounting. But, we need Finance and Accounting to be successful in Supply Chain careers and to improve in sales and operations planning or in integrated business planning. It is the language of the business.   In this episode, you will learn about the Profit and Loss Statement (P&L) or Income Statement and its key components so you can understand the impact of operations on a fundamental financial statement and think like the CEO and CFO.   For Free and Actionable Resources, please visit https://usmsupplychain.com/ Please also visit our YouTube channel: https://www.youtube.com/@usmsupplychain387

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