Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
In the world of international trade, the process of exchanging payments, information and documents between buyers, sellers, banks, and other involved parties is becoming increasingly important for financial institutions. This community aims at presenting views and innovative ideas related to this financial supply chain space.
The collapse of Carillion poses an urgent question for participants in Supply Chains who have no payment security, and have made deliveries of goods and services with a credit period. That means almos...
Banks will profile corporate credit risk blending financial indicators with supply chain performance metrics. This point represents the hinge that will connect corporate supply chain process data with...
Across multiple industries, the issue of late payment is often a cause for concern. In the retail trade in particular, headlines featuring struggling small businesses and lengthy delays are a regula
I have posted a long document on Linkedin (Applying Blockchain in the Supply Chain) describing which blockchain features best apply to the Supply Chain process elements below. I wish I could post it h...
Supply chain failures compromise the ability of an organisation to operate effectively and in extreme circumstances even to survive. Yet many businesses struggle to mitigate the risk of such failures:...
Most organisations strive to be on the best possible terms with their clients but too often neglect with third parties that contribute to the success of their business. The nature of buyer and supplie...
The question of what exactly is blockchain has come to the fore this week with the publication of the eBook ‘Blockchain Meets Supply Chain: Rewiring Business Operations for the Digital Age’ which ackn...
It is 417 years this April since the Dutch arrived in Japan with their black ships. Trade with Japan was opened up and, as they say, the rest is history. The Dutch are about to make history again. Th...
Global E-commerce growth continues to outpace the entire retail sector. In 2016, eMarketer research estimates that total sales were worth around $1.9 trillion, up 6 percent from the previous year. Des...
Blockchain-based applications developed by SCtech (pronounced “skytech”) players (i.e., software vendors dedicated to developing blockchain-based applications for supply chain management) are disperse...
In considering practical applications for Blockchain for banking processes, one of the specific areas that is in dire need of this type of technology is trade finance. Long reliant on complex banking ...
Global Supply chain finance’s (SCF’s) original value proposition is to facilitate access to finance by arbitraging an “anchor” buyer’s lower funding costs on selected suppliers’ behalf. This principle...