Insights for a Successful Supply Chain Finance Program: Separating Fact From Fiction
By 3 minute read
• Updated August 18, 2023 •In today’s multinational supply chains, efficiency remains king as corporations and suppliers seek ways to improve productivity and financial health. But as economic volatility and innovation pressures arise, many companies find themselves wondering if they are doing enough.
The good news? There is a tremendous amount of working capital trapped in most supply chains. Unlocking this capital has the potential to increase cash flow, improve financial health and competitiveness of all supply chain constituents, and free up funding for strategic innovation and process improvements.
For many corporations, supply chain finance has become an integral tool in making this happen. Having made the leap from niche to mainstream, supply chain finance programs are helping companies unlock significant amounts of cash flow each year. Yet, despite these successes, there are many myths surrounding how supply chain finance works and how to leverage it within the enterprise.
This white paper debunks some of the most common myths to help companies better understand the potential that supply chain finance can deliver to their business.
Insights for a Successful Supply Chain Finance Program: Separating Fact From Fiction