Financing plays an important part in ensuring supply chains operate smoothly and uninterrupted, according to Peter Maerevoet, Global CFO and CEO Asia of Tradewind Finance.
This is one of the insights Tradewind shared at the ‘Global Supply Chain Forum’ that took place at the end of October, for which the firm was a headline partner. Hundreds of supply chain leaders, procurement and logistics experts, and data specialists tuned into the conference, where modern-day factors impacting supply chains, including geopolitics, rising prices, shortages, and eroding trust, as well as the strategies to overcome these challenges, were discussed.
Maerevoet, who has two decades of experience working with supply chains which he gained during his time at powerhouse brands Procter & Gamble and Levi’s, delivered a keynote address at the event and participated in a panel discussion on “Supply Chain Finance for Buyers and Suppliers.” He spoke about how trade finance, like that offered by Tradewind, can improve supply chains by accelerating cash flow, maximizing growth, and ensuring payment – via credit protection – even in the case of customer default.
In one case study pointed out during the presentation, Tradewind closed a multi-currency credit facility for a chemicals company based in Mumbai, India. Through the firm’s short-term financing, the manufacturer received the urgent capital required to sustain their business and engage with new international buyers.
Sometimes there is a so-called different “language” between an industry and the banks, Maerevoet suggests. Tradewind aims to bridge this barrier, and has built a reputation as a trusted financial partner for industries like apparel, Food & Beverage, electronics, and others.
As supply chains evolve and calibrate to different issues, Tradewind is dedicated to finding creative financial solutions that will continue to meet the unique needs of businesses around the world and that endeavor to move products smoothly, globally.
About Tradewind Finance
Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.
