Genuine Parts Company Improves Supplier Health and Financial Flexibility with Supply Chain Finance

By PrimeRevenue • Published November 16, 2021 • 3 minute read

Founded in 1928, Genuine Parts Company (GPC) has a reputation for its highly competitive automotive and industrial parts business as well as a corporate culture that prioritizes customers and suppliers in every business decision. When the global pandemic hit, GPC needed to make broad working capital improvements that would give its North American, European, and Australasian operations maximum financial flexibility while offering suppliers access to affordable capital.

Download the case study to learn how supply chain finance helped GPC reduce their cash conversion cycle by 92% and improve DPO by almost 100 days – all while arming suppliers with the cash they need to withstand disruption.

Genuine Parts Company Improves Supplier Health and Financial Flexibility with Supply Chain Finance