In the complex world of supply chain management, understanding the nuances of Tier 1 and Tier 2 supplier diversity spend is essential. This article provides insights into the current trends and key differences between Tier 1 and Tier 2 supply chain finance (SCF) programs, which play a crucial role in ensuring the smooth operation of […]
Introduction: Small and medium-sized enterprises (SMEs) and micro, small, and medium-sized enterprises (MSMEs) play a vital role in the Indian economy, contributing to approximately 45% of the country’s industrial output and 40% of its exports. However, access to credit remains a significant challenge for these businesses, with a significant gap present in the credit market. […]
Introduction: Supply chain finance (SCF) is a rapidly growing industry in India, as more and more companies are turning to innovative financing solutions to streamline their supply chain operations and improve cash flow. In this blog post, we’ll take a look at the evolution of SCF in India, highlighting key milestones and developments that have […]