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This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.
Ferguson Global is seeking a Sourcing / Business Development Manager to assist in our Southeast Asia sourcing expansion. This position will report directly to our Regional Manager based in Taiwan and work closely with our staff at Ferguson Enterprises, LLC headquarters in Newport News, VA, USA.
The Project Manager (PMO) is a highly visible role that is responsible for driving the transformation activities for Singapore Replenishment Center (SRC) and 3rd party service providers’ warehouses migration from current location to a new location. This leader will lead cross-functional internal and external resources and has overall accountability of the execution and performance of projects and transformation initiatives.
Manage DC daily operation activities at warehouse facility. To ensure strict execution of the SOP and meet KPIs.
CFOs Should See Cheaper Supply Chain Finance in the Future
As SCF transforms from a tailored product into a banking commodity, CFOs can count on new offerings and falling prices.
Supply chain finance (SCF) is a product that probably shouldn’t exist. In an ideal world, each company in an industrial supply chain would secure its own funding from banks and investors and would not bother about financing other firms in the value chain. In the real world, however, SCF has long established itself as a tool, favoured by large companies in particular, to support (and sometimes bind) their suppliers. And considering the imbalances in corporate funding markets that are growing ever larger, with big companies sitting on piles of cash while smaller ones often suffer under the restrictive lending policies of banks, SCF is seeing unprecedented growth rates around the world.
According to recent research by Demica, a London-based provider of working capital solutions, major banks around the world report annual growth rates in their supply chain finance programmes of about 30 per cent to 40 per cent. In some markets in Europe, bankers report growth rates of 70% or more, and one respondent from the Asia-Pacific region even reported an exceptional 300 per cent revenue growth over the past 12 months.
From value-added to commodity
SCF programmes are expected to keep growing in importance for years to come, albeit with lower growth rates than in the recent past. This is good news for CFOs of large and small companies alike. They can expect new players to enter the market, bringing with them innovative and creative new solutions, while established players try to defend their market positions, driving down prices and improving client relationship management. At the same time, many survey respondents expect that those companies that have yet to establish an SCF programme will be forced to introduce one in the near future.
Indeed, if there is no fundamental change in funding markets soon, the imbalances between funding access for large companies and smaller ones will keep growing. This will make supply chain financing even more attractive, especially in industries with long and deep supply chains such as automotive, chemicals or pharmaceuticals. A commoditisation of SCF will accompany this change, especially for domestic SCF programmes. Cross-border SCF programmes are largely expected to remain high value-added products for a long time to come. This is also where CFOs see the biggest need for banks to develop better solutions, especially in the light of technological advances.