Supply chain support key to closing UK’s productivity gap
by Bija Knowles
The supply chain could be a key way of tackling the UK's productivity gap, according to research by the Federation of Small Businesses
Trade & FSC Management
Background
Trade finance helps to make international supply chains work smoothly and efficiently. Finance costs in the supply chain can be material. As a general principle, supply chains are most efficient when…
Read moreCollaboration with c-suite needed to ‘wake up’ supply chain
by Bija Knowles
Many supply chain executives are not leveraging their c-suite counterparts to improve supply chain functionality and transform it into an engine for new growth
Cargill cuts trade finance turnaround time on R3’s Corda
by Bija Knowles
A trade transaction on behalf of agriculture business Cargill has been successfully carried out using R3's blockchain platform, Corda
UK businesses asked to map supply chains for post-Brexit risk view
by Bija Knowles
The British government has asked businesses to map their supply chains to highlight areas of the economy that would be most at risk in a post-Brexit environment
Three strategies for good supply chain planning
by Bija Knowles
Planning is a key priority for supply chain professionals in 2018, with managing supplier relationships, inventory management and procurement also identified as areas for improvement
Barclays launches green loans for sustainable trade
by Bija Knowles
Barclays Corporate Banking has launched a new product designed to help businesses with their working capital needs when pursuing sustainable activities
How R3 is tackling challenges of supply chain finance
by Bija Knowles
R3 is taking a fresh approach to building a blockchain-based platform tailored to the needs of financial institutions in the supply chain finance space
European Commission tackles late payments in food supply chain
by Bija Knowles
Late payments are a scourge throughout business supply chains worldwide. Now the European Commission has announced action to ban unfair trading practices in the food supply chain
Global trade practices: increased centralisation and sophistication
by Bija Knowles
The Global Trade Report, by Thomson Reuters and KPMG International, looks at how global trade practitioners are managing centralisation, classification and free trade agreements
Three steps to improve your supply chain strategy
by Bija Knowles
Is your supply chain strategy outdated and unsuited for the future of business? Half of all companies in a recent survey think so
Asset based financing is booming for all types and sizes of corporates
by Kylene Casanova
Invoice financing booming in UK and new services emerging world-wide: PRIMADOLLAR, ModulTrade
How blockchain could change the way we pay
by Bija Knowles
Blockchain technology is set to change the way we pay – both as consumers and as big businesses in complex supply chains – from central bank settlements to easier invoice-financing
Tepid reception for UK’s post-Brexit trade policies
by Bija Knowles
As the next round of Brexit talks resume in Brussels today, businesses and the trade industry have been digesting the contents of the UK's post-Brexit trade strategy, set out in parliament this week
Use of supply chain fraud analytics on the rise
by Bija Knowles
More companies are using analytics to prevent and detect financial abuses within the supply chain, according to a recent Deloitte poll
Deutsche Bank launches first paperless import payment solution in India
by Jack Large
TradePay in India solution provides complete workflow for end-to-end digital transactions
R3, TradeIX and 12 banks put open account trade finance on DLT
by Bija Knowles
Twelve banks are working with software firm R3 and TradeIX, a trade finance technology company, on a blockchain initiative to change the infrastructure of open account trade finance
We are all Amazonians now with ‘instant’ C2B and B2B models
by Jack Large
Consumer experience with the latest technology and systems is driving new corporate practices and systems together as B2C and B2B business models start to merge
KYC is persistent problem in trade finance
by Bija Knowles
The global trade finance gap, or unmet demand for trade finance, remains stable at $1.5 trillion in 2017 but KYC requirements are putting banks off financing transactions for smaller firms
The Brexit effect on cross-channel supply chains
by Bija Knowles
The UK's decision to leave the EU is already affecting procurement and supply chains. Businesses are seeking to limit damage any way they can
Corporate supply chains subject to unprecedented number of terrorist attacks
by Bija Knowles
Global supply chains suffer three terrorist-related attacks per week, with huge costs for commercial enterprises. 'Corporations must take notice and prepare accordingly' says BSI
5 ways to avoid a cash flow crisis
by Bija Knowles
Your company's ability to operate normally can be severely hampered if cash flows dry up – here are some ideas on how to avoid this happening and what to do if it actually does
BPO slowly increases corporate appetite for digital trade
by Bija Knowles
The bank payment obligation has been around for some time but uptake has been slow. The first BPO transactions have now been processed in Austria - could more companies choose BPO in future?
Supply chain visibility linked to profitability
by Bija Knowles
Visibility over the supply chain is a huge problem for companies, with only 6 per cent of firms claiming to have full visibility of their global supply networks
‘Belt and Road’ bolsters support for RMB as its use in global payments declines
by Kylene Casanova
Fewer than two per cent of global payments are done in renminbi but the currency still has strong support. SWIFT identified five factors contributing to the Chinese currency's success