Latest Financial Supply Chain Articles
Just how big the global market for the Chinese currency has become was put into sharp focus at the International and Commercial Bank of China’s (ICBC) recent renminbi (RMB) internationalisation summit in Singapore.
As a concept, supply chain management (SCM) is an entrenched discipline with well honed techniques for financing and risk mitigation. However, often overlooked is the fact that supply chains exist within a cultural context and this article looks at the specific nuances applying to trade between Brazil and Korea.
Optimising working capital by putting a squeeze on smaller suppliers was deployed by many large corporates before the global financial crisis hit. However, more recently companies and their treasury departments have come to recognise the pitfalls of such an approach and instead are seeking means to fund the smaller operators that they depend on.
An innovative supplier tooling finance programme, designed by Citi, helped Rolls-Royce’s suppliers make precision parts for its engines. The ‘funding the unfundable’ supply chain finance (SCF) project means long-term tooling investments are made at good rates that leverage Rolls-Royce’s strong credit rating.