Technology is revolutionising supply-chain finance
Squeezed suppliers and big corporate buyers stand to benefit
IN 2015 Kiddyum, a small company from Manchester that provides frozen ready-meals for children, won a contract from Sainsbury’s, a big British supermarket chain. Jayne Hynes, the founder, was delighted. But sudden success might have choked Kiddyum’s cashflow. Sainsbury’s pays its suppliers in 60 days; Ms Hynes must pay hers in only 30.
This article appeared in the Finance & economics section of the print edition under the headline “The missing link”
Finance & economics October 14th 2017
- Technology is revolutionising supply-chain finance
- The finance industry ten years after the crisis
- Brexit will give the derivatives market a nasty headache
- The internationalisation of China’s currency has stalled
- In dirt-poor Myanmar, smartphones are transforming finance
- BBVA, a Spanish bank, reinvents itself as a digital business
- Richard Thaler wins the Nobel prize for economic sciences
From the October 14th 2017 edition
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The great-man theory of Wall Street
Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer