Effective supply chain management is a growing challenge for many businesses. Increased costs, supplier concentration, volatility, multiple currencies and payment terms are impacting the ability to optimise supply chain performance.
Supply Chain Finance: What’s It All About? Picture this. You run a business. It’s successful. You’re a supplier (subcontractor, etc.) to a large company (major retailer, major contractor, think big and corporate). You get an invitation to join their supply...
Introducing Icon’s new early payments program manager Having managed both our direct investor base and the Timelio Capital Fund for almost two years, it’s safe to say Adam Pinkus is invested in Timelio’s business. Adam started his career at PwC,...
Its time for construction to consider supply chain finance Australian construction, both public and private, has seen strong growth. However, the availability of credit, particularly to smaller sub-contractors, has contracted and remains expensive. Working capital is the lifeblood of anyone running...
Why subcontractors fail in the construction industry Cash flow is king in any business, and it’s no different for subcontractors. It comes as no surprise then that the most common reason that subcontracting businesses fail is that they run out of...
Fun fact of the day! How many gallons of fresh water does a good-sized iceberg (3,000 x 1,500 x 600 feet) comprise? Approximately 20 billion gallons. If 1 million people each used 10 gallons of water daily, then 20 billion...
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