Coffee is the second most traded commodity in the world and is subject to plenty of price volatility. Costa Coffee's treasury manager discusses how the company hedges pricing and foreign exchange risks to minimise volatility.
Supply chain finance (SCF) at its surface can appear to disrupt supplier relations and the status quo. Thus, it’s critical for treasury to champion the value of SCF cross-functionally, and the strategic value it delivers in way of specific capital allocation commitments, EBITDA guidance, or free cash flow targets previously committed by the CFO.
Despite their importance to the world economy, SMEs often face problems accessing credit when and where they need it. Their banking needs are often more complex than the usual retail banking customer and they don’t offer banks the revenue potential of larger corporations.
Many may think the phrase “trade finance” is really just a euphemism for financial complexity. Yet the historically paper- and manually-intensive processes are giving way to modernisation and digitisation. Pay close attention to the changes.
Consumers, companies and regulators are increasingly demanding sustainably-made and socially responsible products, so it has never been more important for corporates to maintain a responsible supply chain.
While the pickup in global economic growth remains on track, companies in Asia continue to report difficulties in getting paid on time.
Asia Pacific economies are showing strong economic growth but a record number of companies have seen delayed payments.
Domestic banks could feel the greatest impact from the trend, an East & Partners survey suggests.
The digital currency has risen sharply since the start of the year and is above the US$1,800 level for the first time.
‘Export or die’ is a well-established maxim, but one with added relevance in the post-Brexit era as exporters seek out new markets around the world.