Head of Governance, Process- and System Development Controlling/Accounting/Risk
thyssenkrupp Steel Europe AG
“Implementation of a Networking Capital (NWC) Steering Cockpit at thyssenkrupp Steel Europe AG”
Implementing a Networking Capital Management and Steering System is vital for optimizing working capital and enhancing financial resilience in modern businesses. Through comprehensive assessment and advanced analytics, organizations can gain insights into cash flow dynamics and liquidity requirements. Integration of technology solutions facilitates automation and real-time visibility, while fostering a culture of collaboration ensures profitability, strengthened supplier and customer relationships, and enhanced operational efficiency.
Although the benefits of an implementation are undisputable, embracing innovation and alignment of technology with overall business objectives come with challenges which are inevitable.
Biography
Sebastian Lieu studied Business Administration at the University of Hamburg. He has been an integral part of thyssenkrupp Steel Europe AG since 2005. Throughout his career, starting with being a trainee in IT to roles in System Management and Controlling, Sebastian collected lots of experience. He is currently Head of Governance, Process- and System Development at thyssenkrupp Steel Europe AG, where he continues to lead strategic initiatives and contribute to the growth of the company.