Agenda: The Manufacturing Business Unit CFO Exchange
Wednesday, June 12
7:30AM – 8:30AM
8:30AM – 9:30AM
Building a Culture of Continuous Improvement within Finance and other Transactional Areas
What role should the finance organization play within a company focused on continuous improvement? Join Eric Lussier as he talks through a case study from the Operating Companies of Steel Partners will be showcased describing tangible means for the Finance organization to help lead and engage with lean principles of visual management, waste reduction and continuous improvement. The kaizen process of improvement can impact not only manufacturing processes but also transactional / financial processes and departments. This proven approach of the Steel Business System has helped improve not only the monthly financial close process but also the capital expenditure process, AR / AP and working capital improvements as well as monthly financial reporting and budgeting.
9:30AM – 10:30AM
Leaning out the Closing Process
The closing process can be a painful time for most finance leaders. The time it takes to close the books each month leads to inefficiencies and loss of momentum to focus on other strategic initiatives. Hear from Raj Barman, Chief Financial and Information Technology Officer at II-VI Optical Systems, on lessons learned when he effectively reduced the number of days it took for the closing process.
10:30AM – 11:00AM
11:00AM – 12:00PM
Driving Productivity Using Big Data
According to Forrester, between 60% and 73% of all data within an enterprise goes unused for analytics. In the digital age, this is a scary fact that should make organizations access their digital strategy. In this session, a leading manufacturer will address how they tackled this issue within their finance function, while also creating a talent stream for their organization.
12:00PM – 12:45PM
Join fellow manufacturing leaders in the finance space to discuss the issues important to you. This time will be spent having candid conversations with peers to help you solve your most pressing challenges.
12:45PM – 1:45PM
1:45PM – 2:45PM
Pervasive Trends Driving 2019 Markets
There’s no question we live in a tumultuous environment. Tom Joyce, Managing Director, Corporate Finance, Deutsche Bank Securities, Inc., will address the impact of economic, political, public policy and regulatory dynamics on the U.S. credit, foreign exchange, US interests and commodities markets. Attendees will walk away with key insights to take back to the office.
2:45PM – 3:45PM
A Culture of strategic finance
As manufacturers grapple with how to embrace industry 4.0 across their organization, the role of finance must be one step ahead to manage the organizations strategic initiatives while improving efficiencies. Hear from Cole Dunster, Director – Finance & Strategy, Performance Colorants & Ingredients, Milliken & Company, on how they have built a finance culture that looks horizontally instead of vertically. Through looking at the value stream to prioritize, using shared services and being deliberate with the hiring practice, Milliken has successfully created a strategic finance function that is prepared for what lies ahead.
Susan Costlow, Senior Director, Financial Practice and Council Strategy, MAPI
*Subject to change.