Deutsche Bank has been confirmed as the first sponsor of the Supply Chain Finance Awards, to be presented at a celebration dinner on December 8, 2016.

The first-ever SCF Awards will be the highlight of the fourth annual Supply Chain Finance Community Forum which again takes place at the Beurs van Berlage, Amsterdam. Each year the Forum brings together treasurers, procurement directors, CFOs and others from the corporate world who want to develop their supply chain finance programmes.

Bas Marteijn, managing director, head of trade finance Benelux at Deutsche Bank, said: “I expect the award evening to show what is happening at the forefront of innovation and the tangible steps that are being made. It is an important moment for us to be part of.”

“It’s good to put in the spotlight and celebrate the industry leaders in supply chain finance. It is an industry that has seen tremendous innovation over the past five years.”

Winning qualities

There are five categories in the awards which are designed to encourage the use of SCF to optimise working capital while supporting the supply chain.

Marteijn said that the key to a top-class SCF programme, worthy of an award, is one that “provides value to all stakeholders that are involved: not just the corporates but the suppliers must also have tangible benefits – such as supplier care, access to funds and also access to information. By doing that, corporates are really strengthening their supply chain.

“You now see banks, law firms and other suppliers such as fintech culminating around that mission. This will determine what the leading programmes and who the leading corporates in this industry are,” he said.

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