Geopolitical risks are continuing to drive corporates to consider shifting their supply chains. A global trade report shows that this is easier said than done, with China still a dominant player.
The Hong Kong-based apparel supply chain management company has signed a partnership with two cinema management firms in China’s southwestern provinces.
The partnership offers suppliers access to payments at an earlier stage of the traditional supply chain, enabling more efficient release of working capital.
In an exclusive interview, Ricky Kaura, head of transaction banking Asia Pacific, Africa & Middle East at Standard Chartered addresses some of the key opportunities for the bank and its customers across areas like supply chain, sustainability, and technology.
Procurement three commandments: 1. never expect any congratulations 2. always be ready to be blamed when things go wrong 3. The only way to ‘defend’ yourself is to hang on tight to your SOP.”
Two influential companies are now working with a US-headquartered fintech company to provide a working capital solution to aid their supplier base, CT has learnt.
Once restricted to investment grade corporates, supply chain finance has slipped the painter of the big banks to be available in many forms. CT takes a look at your choices.