We were tremendously excited!
We had just completed the acquisition of a company that had great, complementary technical capabilities, a broader geographic footprint, new customers, and accretive profitability.
The CFO and I took over day to day management of the acquired company. A few weeks after the excitement of the acquisition had died down the CFO called me into his office.
“We are out of cash. Next week we have to decide to either pay the employees or pay our suppliers. We don’t have enough cash to do both.” How could we be missing cash?
We were in trouble.
What happened to the cash? How were we going to become solvent again and keep the business afloat for the long term?
It was another case for the Supply Chain Detective™!
Continue reading “The Supply Chain Detective™ and The Case of the Missing Cash!”