Reinventing Supply Chain Finance--Part 5: Operational and Strategic Benefits
Bill McBeath
Published
on Nov 25, 2014
Implementing a holistic approach to supply chain finance, with a connected trading partner network, can yield operational improvements (beyond the financial benefits). These include reduction in errors, chargebacks, and non-value-add communications, simpler supplier connectivity, streamlined process efficiencies, and improvements in supplier performance.
