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How to Roll Out a Supply Chain Finance Program Webinar
June 18, 2020 @ 10:45 am - 12:00 pm
|10:45-11:00||NEAFP Annual Business Meeting|
|11:00-12:00||The Art of the Relationship: How to Roll Out a Supply Chain Finance Program Everyone Can Love|
Annual Meeting Agenda:
Results of Officer Election
Program: The Art of the Relationship: How to Roll Out a Supply Chain Finance Program Everyone Can Love
Bradley Johns, Sr. Treasury Manager, Bimbo Bakeries USA
Kathryn Farrell, Director, Structured Trade Sales Manager, Bank of America
Under constant pressure to optimize working capital, treasury organizations must balance the need to extend Days-Payable-Outstanding and the necessity of protecting vital relationships with key suppliers. In this panel discussion, Bimbo Bakeries will share best practices in implementing a successful supply chain finance program. We’ll examine the importance of gaining C-suite buy-in following careful analysis and engagement with key stakeholders throughout the organization, such as legal, procurement and sourcing teams. Practitioners will discuss the process of selecting a supplier finance program that would offer a win/win for both buyers and suppliers, protecting this vital relationship. We’ll present the perspective of both the buyer and the supplier, offering insights into the multi-pronged approach to increasing working capital efficiency while minimizing supplier impacts. We’ll also examine the role of a banking partner in navigating a successful implementation.
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