Sustainability in supply chains is becoming a priority for global business, according to new HSBC research. SCF Briefing spoke to the bank’s Stuart Nivison to find out more.
Top honours went to Siemens against a record number of entrants for the 2018 SCF Awards. China's Professor Hua Song was named Leader of the Year.
The 2018 SCF Leader of the Year award goes to Professor Hua Song, adviser to the Chinese government on SCF and widely regarded as China's top expert.
The market for SCF in China has been forecast to be around RMB15bn in 2020, while the value of receivables and inventory has been put at RMB350-500 trillion.
In a popular SCF Forum session, Andrew Sawers interviewed Alex Griffiths, head of EMEA corporate ratings at Fitch and author of 'that' report.
Supply chain finance leaders warned that technology alone won’t make your supply chain finance programme a success - closer collaboration between all key parties is key.
The German brakes systems and rail equipment provider Knorr-Bremse is “still working on” the challenges of setting up some form of inventory finance programme, said Pietro Solazzo, corporate finance and treasury manager at the company, speaking at the SCF Forum in Amsterdam.
The Cameroon electricity company ENEO now has minority state ownership after its 2014 partial takeover by Actis. But the company has been suffering financially because of a number of challenges. These include the need to make substantial investments to bring electricity to more of the central African country’s people, explained Brigitte Konso Epse Yanda and [...]
“We started this because we realised the environment is changing,” said Roger Sutter, head of treasury and working capital at Kuehne + Nagel. “We wanted to provide our suppliers with an early payment solution which is fast and convenient.” He added: “SCF is all about speed. It’s about getting money as quickly as possible to [...]