terms – Ellery's Essays

What Did They Say?

I was a staff industrial engineer in a multinational consumer goods corporation and I was in a meeting with two (2) senior accountants. We were discussing why the budget for operating expenses was going up for the department I was assigned to. Whenever I replied to questions about expenses, both accountants would huddle and talkContinue reading “What Did They Say?”

Who’s Responsible for Collections?

It’s a question that bothers many organizations. Who should be responsible for collecting debts from customers? Some people say it should be Sales, because a sale to a customer ends not with an order that is delivered but with an order that is collected. Others say it should be the Supply Chain, particularly Logistics, orContinue reading “Who’s Responsible for Collections?”