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About Supply Chain Finance at P&G Prep Qs v0 2
P&G extended payment terms for suppliers in 2013 to reduce its funding needs, which likely impacted suppliers' financial statements and funding needs. P&G launched a supply chain finance program at the same time to provide suppliers with competitive financing rates and cash flow benefits, creating a win-win-win for P&G, suppliers, and financial partners. The program allows suppliers to decide if longer payment terms from P&G are still beneficial when weighing the optional financing.
Detailed Information
Author: | ['robeb'] |
---|---|
Publication Year: | 2023 |
Pages: | 1 |
Language: | English |
Format: | |
Price: | FREE |
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