Description
A supply chain is only as strong as its weakest link. If there is a weak link in the chain, this can harm business and, in turn, the company. These risks are difficult to predict and counteract, especially in these uncertain times. The key here is flexibility, especially in financial terms. A high working capital can be achieved through reverse factoring and subsequently boosted with other supply chain finance methods, such as dynamic discounting.
But supply chain finance done right can do much more for procurement. The intensive discussions and personal coordination needed help take the relationship with your suppliers to the next level – toward close cooperation that benefits both sides and can be extended to other areas in the future.
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