A record number of entrants from all over the world battled for the 2018 Supply Chain Finance Awards, with top honours going to Siemens for its long-established SCF programme. The company stood out amongst a field of six short-listed organisations which were as diverse as a UK government department and a South African chain of pharmacies.

Presentation of the Awards – again kindly sponsored by ING – was the closing highlight of the SCF Europe Forum 2018 at the Beurs van Berlage, Amsterdam.

“All of the judges have been extremely impressed by the quality of this year’s Awards entrants,” said Michiel Steeman, chair of the Supply Chain Finance Community and chair of the judging panel. “It’s clear that many companies from all across the world are pushing at the boundaries of excellence and ensuring that supply chain finance is a tool that they deploy to enhance sustainable value across the entire supply chain.”

He added that it was particularly exciting to see that the Awards had such a global reach this year. Entries came in from as far afield as China, Iran, Cameroon, South Africa, Latin America, the US, Romania and Liechtenstein.

Siemens was also the winner in the Manufacturing and industrial category, where US group Hillenbrand was highly-commended.

ICA Gruppen was the winner in the FMCG, food and beverage category, with Crown Commercial Service coming out on top in the Government and not-for-profit category. South Africa’s Dis-Chem Pharmacies won the Retail and apparel prize while Philips was the winner in Technology and telecoms. Kuehne + Nagel picked up the top Award in the Transport and logistics category.

The 2018 Supply Chain Finance Awards

Category winners and short-listed for the Gold Award: Click on the winners’ names to read about their winning entries

FMCG, food and beverageICA Gruppen (Sweden)
Government and not-for-profitCrown Commercial Service (UK)
Manufacturing and industrialSiemens (Germany)
(Hillenbrand (US) was highly-commended)
Retail and apparelDis-Chem Pharmacies (South Africa)
Technology and telecomsPhilips (The Netherlands)
Transport and logisticsKuehne + Nagel
Innovation AwardArviem
SCF Leader of the YearProfessor Hua Song, Renmin University of China
Gold AwardSiemens

The annual Award for SCF Innovation was won by Arviem, the leader in end-to-end cargo-tracking technology which earlier this year unveiled a new inventory finance facility.

The increasingly global nature of supply chain finance was highlighted by the SCF Leader of the Year Award going to Professor Hua Song of Renmin University of China, Beijing. Prof Song is widely regarded as the leading expert on SCF in China and is the lead adviser to the Chinese government on SCF matters.

The Awards were judged by an independent panel of experts:
• Andrea Buralli, group operations sourcing director, Luxottica
• Prof Dr Michael Henke, Fraunhofer Institute (vice chair of the judging panel)
• Matthieu Landmann, controller, Nestrade SA
• Mikko Vainikka, director, treasury operations, Metso
• Prof Michiel Steeman, Windesheim University (chair of the judging panel)