Category: Manufacturing & industry Winner: SASOL Partner: Taulia Summing up: An automated dynamic discounting programme that allowed Sasol to deploy its surplus cash while more effectively meeting its suppliers’ needs. What the judges say: “Has unlocked substantial value for the company.” “Rapid scaling and decent earnings early into the programme, interesting innovative features.” Key Facts: [...]
Category: Transport & Logistics Winner: Highly Commended Partner: PrimeRevenue Summing up: A SCF programme designed to improve the shipping company’s working capital position while also being used as part of a recruitment drive to attract top-tier hauliers at a time when the industry is facing a shortage of quality sub-contractors. What the judges said: “The [...]
The calibre of entries this year was extremely impressive, but Airbus beat the stiff competition to win the Gold award for 2019. The size, scope and scalability of Airbus’ supply chain finance programme won over this year’s judges, with comments praising the “impressive results both in terms of speed, supplier acceptance and working capital impact”. [...]
Category: Technology & telecoms Highly Commended: Scientist.com Partner: Kyriba Summing up: A programme designed to bring the benefits of supply chain financing to small suppliers of research services within the pharmaceutical industry where extended payment terms are the norm. What the judges said: “Excellent entry and concept.” “It is a plus that the solution created [...]
The 2019 SCF Innovation award is presented to Agri-Wallet, a financial solution that is bringing the benefits of supply chain finance to smaller companies in Africa involved in the agri-food industry that are often underserved by other financial institutions. It is a mobile business application developed by Dodore Kenya with support and financing from Rabobank. [...]
Category: Technology & telecoms Winner: Evoqua Water Technologies Corp Partner: PrimeRevenue Summing up: A programme designed to improve DPO ratios and unlock liquidity for an expansion strategy built on acquisitions. What the judges said: “Great DPO step-up and proven inclusion of all key internal stakeholders in the decision-making process.” “A well-executed programme.” Key Facts: A [...]
Financial technology companies are ramping up their focus on ‘sustainable’ supply chain finance that helps maintain the health of the entire supply chain.
A new report from the SCF Academy looks at differences in how SCF is developing in China and how the country is setting benchmarks in terms of innovation.