Moving from the CFO role at a subsidiary of Bayer to the leadership role in a small, relatively new start-up is a career leap that not many would undertake.
Debt-laden construction firm criticised for supplier payments goes into liquidation after rescue efforts fail. Unpaid supplier bills may go back months.
The latest SCF Barometer supports our experience that supply chain finance is growing and changing - an indicator of how it and the profession are maturing.
Corporates that extend their payment terms to suppliers without offering a supply chain finance facility will eventually pay the price, says Prof Lisa Ellram.
A discussion of the challenges with data and benchmarking, new UK rules, implementing SCF and the findings of the latest Lloyds Bank Working Capital Index.
There appears to be a major gap in the market when it comes to providing multi-tier financing for the suppliers of suppliers. Two years ago, a workshop at the SCF Forum focused on multi-tier financing, with a total of 23 banks and fintechs invited to talk about what they could do towards its development. In [...]
Managing working capital can be challenging when customers want longer payment terms, said Lieven De Weder, group purchasing manager for Belgian group Puratos. The company is an international group with subsidiaries in 70 countries, specialising in the production of ingredients for bakery, chocolates, cake mixes and patisserie. It invests heavily in R&D and innovation, out [...]
Newer players in the world of supply chain finance include logistic service providers. Until recently few saw them playing a key role in SCF, yet they know about financial and payment flows – and what goes where. That was the opening premise of Federico Caniato, professor at Politecnico di Milano, who moderated the workshop session [...]