The pandemic disruption to the supplier development ecosystem in Africa has resulted in many small suppliers experiencing cash flow challenges as corporates reduce demand or extend their payment terms to manage their own cashflows. Supplier working capital may be tied up in unsold stock and numerous suppliers are struggling simply to survive.
With congested supply chains, corporates find it increasingly difficult to support their suppliers and keep them intact. The distress filters down through the entire value chain, as many suppliers are dependent on corporates for their survival.
How can corporates and their small suppliers’ transition through the huge financial impact of the pandemic?
Join Joanne Joseph and her panel of experts as they consider how stakeholders can mitigate the risks of supply chain disruption through access to finance and innovative financial mechanisms for small suppliers.