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/Tag:payment terms

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 [...]