Interoperability through digital platforms is key to achieving scale in supply chain financing
One of the main hurdles to supply chain financing is the complex and fragmented nature of the supply chain itself, especially for global organisations. For instance, a tech multinational firm with a USD 20 bn annual turnover would typically have at least 200 suppliers spread across over 15 countries, each banking with a least a […]
Digital platforms may be the answer to neglected pre-shipment supply financing needs
Global supply chain financing needs have expanded multifold in recent years, driven by a combination of business needs, operational necessities and technological advancement. According to the Supply Chain Finance Market 2024 Report, the global supply chain financing market revenue was valued at USD 7.3 billion in 2023 and is projected to reach USD 12.3 billion […]
