The Covid-19 global crisis could spark the acceleration of purchase order financing as companies urgently need cash to bring their supply chains back to life. As some lockdown measures are cautiously eased around Europe, many businesses will be eager to re-start operations and revive their broken supply chains. Yet, to restart almost from scratch – [...]
Viewpoint: as the tragic global health crisis of Covid-19 becomes an economic one too, there is an urgent need to improve the resilience of our supply chains.
The scale of the human tragedy of the Covid-19 outbreak unfolding around the globe can often seem overwhelming. Who could anticipate the speed at which the virus took hold over one country after another? National death tolls have become a depressingly regular feature of each passing day. As I write this, there have been more [...]
Governments and regulators are calling for a reappraisal of some supplier finance programmes. We should respond positively, says Michiel Steeman. Supply chain finance has faced renewed criticism in the media just a month into the year. The bad press is not new – we are familiar with similar accusations against multinationals taking their SCF programmes [...]
Michiel Steeman speaks to Alex Griffiths of Fitch Ratings, discussing his recent report on SCF and whether reverse factoring is a positive or negative development.
The birth of supply chain finance in Italy in 1963 carried risks that imperilled buyers and suppliers alike. China must ensure it does not repeat those mistakes.
Plans for a new blockchain 'living laboratory' will help explore real opportunities at the interface between the supply chain and finance, says Michiel Steeman.
What an orange bicycle in China tells us about how the Internet of Things, e-payments and 'pay as you go' models will revolutionise European supply chains.
Corporates that extend their payment terms to suppliers without offering a supply chain finance facility will eventually pay the price, says Prof Lisa Ellram.
For many companies, inventory finance has traditionally proved difficult to access. Logistics service providers are better able than the banks to provide it.
A new two-track system bridges supply chain strategy and finance - and brings together students from across the globe for a career-enhancing experience.