Viewpoint: Looking at SCF as a supply chain risk mitigation tool
SCF is well known as a tool for optimising working capital. But we need to think more about its ability to remove many kinds of risks from the supply chain.
SCF is well known as a tool for optimising working capital. But we need to think more about its ability to remove many kinds of risks from the supply chain.
After the inaugural Supply Chain Finance Community Forum Asia in Singapore, Michiel Steeman reflects on SCF in China and the rest of the region.
New business models are relieving suppliers of their financing costs, improving buyers' cost of goods sold and introducing new opportunities for SCF.
Forty Dutch companies have now signed the Betaalme.nu pledge. But a European version would work better for the largest companies whose supply chains span borders.
More guidance from the accounting profession would help clarify when trade debtors must be reclassified as debt. New SCF Community research sheds some light.
The launch of the SCF Barometer at the SCF Forum in Amsterdam last month gives the clearest picture yet as to current rate of use of supply chain finance and its success.
Blockchain holds huge promise. That's why the SCF Community is taking part in a major programme to develop working pilot projects, says Michiel Steeman.
The flow of information is such an important part of the supply chain it could transform the role played by logistics service providers, says Michiel Steeman.
Supply chain finance is a tool that has almost limitless possibilities, says Michiel Steeman, founder and chairman of the Supply Chain Finance Community.
Viewpoint: Supply chain finance in the circular economy
By Michiel Steeman|April 2nd, 2017|
The circular economy will create new models of asset ownership, creating the concept of the 'product as a service'. Supply chain finance has to rise to this challenge.