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Myths and Facts about Supply Chain Financing

Supply Chain Finance (SCF) is subjected to various myths. I wish to take this opportunity to clarify some of the myths and to provide facts to enable funders, buyers and suppliers optimize the solution. Myth 1: Funding is Committed This is not true. One of the key characteristics of SCF is that funding by the […]

Why Supply Chain Finance is gaining traction globally

Supply Chain Finance (SCF) also known as supplier finance or reverse factoring is a set of solutions that optimizes cashflow by allowing businesses to lengthen payment terms to their suppliers while providing an option for the supplier to get paid early. It is instructive that typically, buyers wish to extend payment terms as far as […]

Finally a unified definition for Supply Chain Finance?

  Like most young concepts, Supply Chain Finance has not had a universally-accepted definition thereby creating inconsistency across the range of solutions available in the market. However in 2014, the International Chamber of Commerce championed the formation of an initiative dabbed the Global SCF Forum which brought together various industry associations with membership across the […]

Manufacturing & industrial winner: ARCELORMITTAL SOUTH AFRICA

Category: Manufacturing and industrial Winner: ArcelorMittal South Africa Summing up: A supply chain finance programme with an enthusiastic rate of take-up was implemented with 12 weeks, injecting hundreds of millions of rand into the economy-afflicted South African steel industry. What the judges said: ‚ÄúThis programme was important for the local market. The onboarding process is […]