/Tag:payment terms

US supermarket giant backtracks on supplier squeeze

By |July 11th, 2018|

Kroger, America’s biggest grocery chain by revenue, met resistance to plans to pay produce suppliers within 90 days instead of the current 30.

The voice of academia: David Wuttke of EBS Universität

By |June 13th, 2018|

David Wuttke is Assistant Professor of operations management at the EBS Universität für Wirtschaft und Recht, one of Germany’s leading private business schools.

UK suppliers indicate support for late payment legislation

By |May 8th, 2018|

More than six in 10 smaller firms would support legislation requiring payment to be made within 45 days, according to a recent survey.

  • Boeing

Boeing stretches supplier payment terms to improve cash flow

By |July 22nd, 2016|

Aircraft manufacturer Boeing is said to be seeking to extend supplier payment terms from 30 days to upwards of 120 days as part of a continued effort to reduce cost, conserve cash and reduce inventory. “To align with industry norms we are in the process of adjusting the payment terms of our large suppliers,” spokesperson [...]