Supply Chain Financing Dynamics
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Speaker : STANLEY EPSTEIN
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When : Tuesday, October 15, 2024
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Time : 11 : 30 AM EST
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Stanley holds a Master’s degree in Economics and a BCom. degree in Accounting from the University of South Africa, Pretoria. He has extensive banking and IT experience, 33 of which were with the Standard Bank of South Africa. He also filled several industry-level roles in South Africa. This included that of Chairman of the South African interbank PASA Risk Committee, member of the South African Clearing Bankers Association’s ERAG Group and having represented South Africa at UNCITRAL (United Nations Commission for International Trade Law) in New York, in the formulation of the foundational legal concepts for electronic banking.
He has had extensive exposure to banking practice and banking operations in a number of countries including the USA, United Kingdom, South Africa, Israel, Europe and Australia. He has also acted as advisor to a number of central banks on payment systems, oversight, policy and payment risk issues.
More recently, he spent time in the high-tech sector as a payment systems designer and consultant to a global payments software developer.
Supply Chain Finance refers to a variety of financing and business processes aimed at providing short-term credit to improve the working capital situation throughout the supply chain for both buyers and sellers.
While the provision of short-term credit is not something new, connecting the financial transactions to the movement of value through a supply chain is. This is the process that lies at the heart of supply chain finance.
The supply chain network – usually referred to as the ecosystem - is a complex one. This is especially true for multinational companies that operate with suppliers all over the world. The soundness of a global supply chain isn’t simply measured by revenues and profits. A more appropriate indicator is how efficiently capital flows between buyers and suppliers. Slow moving capital, just like slow moving inventory, creates unnecessary costs and inefficiencies in a supply chain.
In order to understand how supply chain finance can help both buyers and suppliers, it is important to understand its underlying principles. This is the objective of this course.
- Discover what supply chain finance is and how it fits into today’s economic picture.
- Discover the parties involved in supply chain finance transactions and their roles.
- Explore the supply chain finance ecosystem.
- Identify the supply chain finance mechanisms and explore their workings.
- Recognize the benefits of supply chain finance.
Areas Covered
- Introduction to Understanding Supply Chain Finance
- Working Capital Tensions
- The Mechanics of Supply Chain Finance
- Supply Chain Finance Benefits
- Supply Chain Finance Drivers & Benefits
- Types of Supply Chain Finance
- Supply Chain Finance Case Study
Who Should Attend
Supply Chain Managers, Finance Managers and Directors, Procurement Officers, Chief Financial Officers (CFOs), Treasury Managers, Logistics Managers, Business Analysts, Consultants in Finance and Supply Chain Management, Executives from Multinational Corporations.
Why Should You Attend
- Acquire a Comprehensive Understanding of Supply Chain Finance: Supply chain finance (SCF) is more than just providing short-term credit; it's about optimizing the flow of capital throughout the supply chain. This webinar provides a detailed overview of SCF, helping attendees grasp its fundamental concepts and its relevance in today's economic landscape.
- Gain Insight into the SCF Ecosystem: Understanding the complex network of relationships within the supply chain ecosystem is crucial. This webinar will illuminate the roles of various parties involved in SCF transactions, from buyers and suppliers to financial institutions and service providers. This knowledge is essential for effectively navigating and leveraging the SCF ecosystem.
- Exploration of SCF Mechanisms: The webinar will delve into specific SCF mechanisms, such as reverse factoring, dynamic discounting, and inventory finance. Attendees will gain insights into how these mechanisms work, their benefits, and how they can be applied to improve working capital management and supply chain efficiency.
- Enhanced Capital Flow and Efficiency: Slow-moving capital can be as detrimental as slow-moving inventory. The webinar will address how SCF can facilitate faster capital flow between buyers and suppliers, reducing costs and inefficiencies. Understanding these dynamics is key to improving overall supply chain performance and financial health.
- Strategic Benefits for Buyers and Suppliers: Both buyers and suppliers stand to gain from SCF. Buyers can optimize their payment terms and improve supplier relationships, while suppliers can gain quicker access to funds. The webinar will highlight these benefits, providing practical strategies for implementing SCF solutions that benefit all parties involved.
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$160.00
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