Technology supply chains have been upended by rising geopolitical tensions and pandemic induced disruptions. To counter these risks and prepare for emerging challenges, manufacturers have embarked on a transformation journey, undertaking several key measures to instill greater resilience and boost productivity in their supply chains.
While navigating these challenges, businesses are also exploring ways to release the growing pressure on their working capital. Increasingly, industry CFOs are turning towards their supply chains to stave off liquidity concerns. Platform-based supply chain finance (SCF) solutions allow finance leaders to unlock the liquidity trapped in supply chains, besides helping improve efficiency and meet sustainability goals.
Business leaders are leveraging digital SCF platforms for three key focus areas:
