Call us today: +44 20 3086 7753|scfbriefing@adaugeomedia.com
/SCF Briefing

About SCF Briefing

www.scfbriefing.com To contact us, please email scfbriefing@adaugeomedia.com

2017 Gold Award winner: METSO CORPORATION

By |November 29th, 2017|

Five companies were short-listed out of the global field of entry for the 2017 Supply Chain Finance Awards but it was the submission by Metso Corporation that stood head and shoulders above the rest – earning the company the coveted Gold Award. In offering suppliers a combination of early payment solutions, Metso was truly demonstrating [...]

2017 Manufacturing and industrial winner: METSO CORPORATION

By |November 29th, 2017|

Category: Manufacturing & industrial Winner: Metso Corporation Summing up: Metso offered multiple solutions to ensure that suppliers' needs were met. A combination of a standard supply chain finance programme and dynamic discounting allows Metso to capture the whole spend curve – not just a part of it. What the judges said: “The combined solution of [...]

2017 Manufacturing and industrial highly-commended: MANN & HUMMEL

By |November 29th, 2017|

Category: Manufacturing & industrial Highly-commended: Mann & Hummel Summing up: A long-established programme continues to grow and deliver results as Mann & Hummel itself grows through acquisition and expansion. What the judges said: “An impressive story with clearly quantifiable results. A thoroughly successful SCF model that shows convincing growth rates.” Key facts: After four years [...]

2017 FMCG, food and beverage winner: CONAGRA BRANDS

By |November 29th, 2017|

Category: FMCG, Food & Beverage Winner: Conagra Brands Summing up: An SCF programme that has been praised by suppliers and allowed Conagra Brands to achieve 78% of its three-year working capital goals within less than 12 months. What the judges said: “A convincing success story! The thoroughly-committed cross-functional team was a success factor.” Key facts: [...]

2017 FMCG, food and beverage highly-commended: Nestlé

By |November 29th, 2017|

Category: FMCG, food and beverage Highly-commended: Nestlé Summing up: The partnership between Nestlé and CRX Markets allows the company to work with its relationship banks in a way that lowers the total cost of ownership for suppliers while strengthening Nestlé’s supply chain. What the judges said: “A success rate of 100% in supplier onboarding is [...]

2017 Transport and logistics highly-commended: Affiliated Hospital of Qingdao University

By |November 29th, 2017|

Category: Transport and logistics Highly-commended: Affiliated Hospital of Qingdao University Summing up: Lower purchasing costs, reduced risks and easier access to cheaper finance created a multi-win supplier ecosystem for this large Chinese hospital. What the judges said: “This programme has a very positive social impact as it reduces risks in the financial ecosystem of the [...]

2017 SCF Innovation awards for TradeIX, TrustBills and Taulia

By |November 29th, 2017|

Innovation is what drives the supply chain finance market forward and this year the judging panel decided to recognise the cutting edge achievements of three technology businesses that are doing exactly that: TradeIX, TrustBills and Taulia. Each business is named as a winner of a 2017 SCF Award for Innovation. TradeIX is using distributed ledger [...]

TradeIX and PrimeRevenue founder Robert Barnes wins 2017 Leader Award

By |November 29th, 2017|

The 2017 Supply Chain Finance Leader of the Year Award goes to Robert Barnes, founder and CEO of TradeIX. This new, innovative company – a winner of a 2017 SCF Award in its own right – is “rewiring” trade finance by creating API-driven blockchain technology to create the most connected and secure platform infrastructure for [...]

WPP accused of payments delay, breaching Prompt Payment Code

By |November 22nd, 2017|

Advertising giant WPP tells employees to delay payments to suppliers until the New Year, breaching terms of the Payment Code it's signed up to.

Could supply chain finance have saved Toys R Us?

By |November 16th, 2017|

Toys R Us went into Chapter 11 when news leaked out of its financial postion, scaring toy suppliers into demanding cash up front.