Financing plays an important part in ensuring supply chains operate smoothly and uninterrupted, according to Peter Maerevoet, Global CFO and CEO Asia of Tradewind Finance.<\/p>\n
This is one of the insights Tradewind shared at the \u2018Global Supply Chain Forum\u2019 that took place at the end of October, for which the firm was a headline partner. Hundreds of supply chain leaders, procurement and logistics experts, and data specialists tuned into the conference, where modern-day factors impacting supply chains, including geopolitics, rising prices, shortages, and eroding trust, as well as the strategies to overcome these challenges, were discussed.<\/p>\n
Maerevoet, who has two decades of experience working with supply chains which he gained during his time at powerhouse brands Procter & Gamble and Levi\u2019s, delivered a keynote address at the event and participated in a panel discussion on \u201cSupply Chain Finance for Buyers and Suppliers.\u201d He spoke about how trade finance, like that offered by Tradewind, can improve supply chains by accelerating cash flow, maximizing growth, and ensuring payment \u2013 via credit protection \u2013 even in the case of customer default.<\/p>\n
In one case study pointed out during the presentation, Tradewind closed a multi-currency credit facility for a chemicals company based in Mumbai, India. Through the firm\u2019s short-term financing, the manufacturer received the urgent capital required to sustain their business and engage with new international buyers.<\/p>\n
Sometimes there is a so-called different \u201clanguage\u201d between an industry and the banks, Maerevoet suggests. Tradewind aims to bridge this barrier, and has built a reputation as a trusted financial partner for industries like apparel, Food & Beverage, electronics, and others.<\/p>\n
As supply chains evolve and calibrate to different issues, Tradewind is dedicated to finding creative financial solutions that will continue to meet the unique needs of businesses around the world and that endeavor to move products smoothly, globally.<\/p>\n","protected":false},"excerpt":{"rendered":"
Financing plays an important part in ensuring supply chains operate smoothly and uninterrupted, according to Peter Maerevoet, Global CFO and CEO Asia of Tradewind Finance. This is one of the insights Tradewind shared at the \u2018Global Supply Chain Forum\u2019 that took place at the end of October, for which the firm was a headline partner. […]<\/p>\n","protected":false},"author":3,"featured_media":19190,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[138],"class_list":["post-18650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","tag-company-news"],"yoast_head":"\n