An assessment of IBM Sterling’s Inventory Control Tower solution for global supply chains with critical inventory needs—especially healthcare providers, grocery retailers, and spare parts dealers. We also look at Elementum, provider of incident management for companies with large complex supply chains where many issues arise requiring multi-party collaboration.
Financial Supply Chain
Primarily supply chain finance, secondarily enterprise financial functions and relationships
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.
Earlier in this series we looked at a new holistic approach to supply chain finance. Here we describe the underlying core capabilities required to implement this new approach.
Here we discuss how holistic supply chain finance can be used to improve supplier’s health, accelerate time-to-market, and enable postponement of differentiation.
This paper emphasizes the transformative potential of supply chain finance when viewed as a strategic enabler rather than a limited tool. By adopting a holistic approach and utilizing foundational network platforms, companies can tap into supply chain finance’s capacity to enhance continuity of supply, reduce costs, boost profitability, foster sustainable supply chains, and streamline time-to-market processes, as detailed in the two-part discussion
This paper underscores the essential capabilities needed for a comprehensive approach to supply chain finance, highlighting the significance of a shared network platform, executional framework, and shared legal framework. The shared network platform must possess features like many-to-many connectivity, robust security, integration with the purchase-to-pay lifecycle, Single-Version-of-the-Truth (SVoT), and real-time milestone visibility to facilitate successful holistic supply chain finance implementation.
Procurement, supply chain, and finance professionals each have their own individual perspective on when, where, and how supply chain finance can be used. Here we take a broader perspective, ‘holistic supply chain finance,’ and discuss the potential it holds to unlock strategic value.
How holistic supply chain finance improves margins for buyers, lowers risk for lenders, and lowers the cost of capital for suppliers.
Procurement, supply chain, and finance professionals each have their own individual perspective on when, where, and how supply chain finance can be used. Here we take a broader perspective and approach, ‘holistic supply chain finance’ and discuss the potential it holds.
New methods for accurate and dynamic pricing?