Buyers are increasingly paying invoices late as they struggle to manage their working capital amid the global Covid-19 crisis, preliminary research from the SCF Community shows. Corporate payment practices have worsened during the Covid-19 crisis with an increasing number of buyers admitting to paying their suppliers’ invoices late, according to the early research findings from [...]
Supply chain management professor Xiande Zhao outlines recommendations to help Chinese businesses weather the pandemic Businesses in China must learn from their experiences of the devastating impact of Covid-19 to ensure their supply chains are more responsive and resilient to future shocks, says Dr Xiande Zhao, professor of operations and supply chain management at the [...]
Discussions around Covid-19 impact dominated the annual SCF Observatory Conference Supply chain finance could provide much-needed liquidity to small businesses in Italy struggling with the impact of Covid-19 and facing an increase in cancelled orders and delayed payments from their customers, says Federico Caniato, director at the SCF Observatory. Caniato was speaking to SCF Briefing [...]
SCF Personalities: Sunil Mascarenhas, supply chain finance relationship manager, Asian Development Bank
ADB’s SCF evangelist is keen to expand the reach of supplier finance in Asian markets, he tells SCF Briefing - and technology will be a key part of that mission. When Sunil Mascarenhas moved to Manila last year to take up a new role with the Asian Development Bank (ADB), he knew the move would [...]
Ad Rietberg, founder of fintech Agri-Wallet, wants to make a positive impact on the agricultural sector, improving the lives of small farmers and looking after the environment. It quickly becomes evident when talking to Ad Rietberg, founder of fintech firm Agri-Wallet, that he has a real drive to encourage more sustainable and environmentally friendly behaviour [...]
SCF providers are exploring the potential of artificial intelligence (AI) technology, with some arguing it is a tool capable of taking the market to the next level.
The use of AI in supply chain finance has divided opinion at the SCF Forum Europe this year with industry leaders unable to agree on whether it will live up to the hype surrounding its potential.
Category: Transport and Logistics Winner: Airbus Partner: Taulia Summing up: A large-scale SCF programme designed to be expanded to more than 12,000 global suppliers with the aim of improving the health of the supply chain and provide access to affordable financing. What the judges said: “Very strong case, with significant numbers outlining the financial strengthening [...]