SERVICES

SCF Consultancy for Corporates2018-06-05T18:09:25+00:00

Supply Chain Finance

Decisions made by a corporate on its competitive strategy lead to a demand for certain competences in their supply chain. To obtain and secure these supply chain competences in the long run, there is a need for working capital throughout that supply chain. The supply chain finance strategy is fundamental in supporting the supply chains capabilities in meeting the corporate’s competitive strategy.

As a corporate going through the initial phase of creating or revising your SCF Strategy (or high-level goal of your SCF project), you can leverage the expertise of Capital Chains throughout the various phases in implementing a SCF program. Every phase is self-contained and provides you with the opportunity to make a balanced go/no-go decision for the SCF implementation and further roll-out. The collaboration with Capital Chains is based upon a clear division of work and with different roles and responsibilities for each (sub)phase.

In the end, our approach facilitates a thorough analysis and solid basis for any (investment) decision. With this basis, we turn financial supply chains into value creators, which makes us Financial Game Changers.

SCF Strategy

Our Approach

SCF Strategy icon We help create a vision and strategy, achieving a more effective utilization of the cash asset within the supply chain. It is a crucial phase in which (senior) management support can be created and opportunities can be identified. Based on the SCF strategy the first design of a blueprint for a supply chain finance program can be created. Don’t know yet what to think of supply chain finance, check our training offerings to get up to speed.

Internal Alignment iconDue to the multidisciplinary nature of SCF various departments are involved in the setup, implementation and execution of any SCF solution. To successfully implement a program, significant interaction and understanding between departments is essential, whereas top executive sponsoring of an SCF program significantly increases the probability of success.

Supplier Segmentation iconA crucial element of setting up a SCF program is to segment your supplier base, determining which SCF solution should be offered to which suppliers and how. Based on an initial data dump of your ERP system, we will together create this overview which will serve as an indicator of the potential for the business case, as well as a guide for the later activities around the pilot suppliers during the implementation.

P2P Process iconImperative to a payable-centric SCF solution is having a P2P process in place that streamlines and optimizes purchasing and payment activities to enhance the visibility on the status of invoices and thus enabling fast approval times. During this phase, we use existing workflow descriptions to determine requirements for the SCF solution.

Business-Case-iconThe value of your business case is determined by comparing the potential benefits to be gained in the coming years versus the costs to be incurred by implementing a SCF program. Although your suppliers are typically charged for the early financing opportunity, you have to setup the program and allocate resources in the process. Based on your envisioned value proposition for (prospective) suppliers, we will create a (high-level) business case to support the go//no-go decision for the next phase (SCF Provider Selection)

Together we will work on scope, system needs and other technical requirements to create a document outlining the details on the goal(s) of your programme and a full questionnaire for SCF solution providers. The RFP documentation is needed to assess the capabilities of the SCF solution providers and their strategic match with your core objectives.

During the tender phase, SCF solution providers have a chance to ask questions and further details. It is crucial during this phase to support the SCF solution providers in answering your RFP first time right. Together, we will determine the evaluation criteria and formulate a formal scoring method.

An initial evaluation will be done to check whether every request and requirement contained within the RFP documentation has been satisfactorily addressed. Following this initial check, we will create a full evaluation report, using the weighting of all the criteria and follow up with reference calls. The short-listed SCF solution providers will then be invited to a (scripted) demo-session in which they can showcase their solution. During these sessions, you will have a chance to ask for additional details and recommendations on their part.

When all the evaluations and demos have finished, it is time to make a final decision, typically supported by your procurement team. Our approach facilitates the thorough analysis and forms a solid basis for the final decision, but still it is up to you to make this decision!

Together with the SCF solution provider of choice, we will create the implementation roadmap: a detailed project plan containing the requirements, meetings and due dates until go-live. A dedicated project manager safeguard’s meeting the predetermined milestones and ensures optimal communication between all parties (including the various internal departments) involved.

The technical integration of the SCF offering is an important collaboration between your IT department and the SCF Solution provider, but the implementation goes far beyond just the IT side of things. The impact on your internal processes, in all the various departments, needs to be managed properly. Training and educating your staff (mostly your procurement department) is crucial for a successful implementation and consequent on-boarding of your suppliers.

Your supplier segmentation performed during the SCF Program Design phase, forms the basis of the decision-making process on which suppliers to include in the pilot. Which suppliers have reached out to you for future participation in a SCF program and to what extent is your SCF solution provider of choice capable of predicting the likelihood of a successful on-boarding of your top suppliers into your program. Lessons learned during this phase pave the way for a full-scale roll-out.

After the pilot phase, you proceed with an extensive roll-out to broader target segments to further drive benefits and increase the size of the program. Although the actual on-boarding is usually done by the SCF solution provider, you are still the main point of contact for suppliers! With a solid understanding of the market you are operating in, start moving towards future improvements of your SCF solution offering. Did we mention we can be of support in the latter?

Get in touch

Public Speaking

Public Speaking

With knowledge comes power, and with power comes great responsibility, hence we give presentations at conferences around the world to share our expertise and vision for the future. We believe that sharing information is key for growing the supply chain finance industry. Contact us if you are the organizer of an event or check our events for when we will appear next.

Feasibility Studies

Consultancy

Feasibility Studies

A complete report including our recommendations with next steps. Based on a thorough analysis of the internal and market requirements, an initial check of the proposed value propositions with market demands, and the creation of a high-level business case. All done in close collaboration with pre-identified staff from various roles in the organisation.

Project Management

Consultancy

Project Management

The Project Management Institute defines project management as “the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of a particular project.” This is what we propose to do for our clients when they initiate a project around improvements in the financial supply chain or the introduction of a SCF solution.

Supplier On-Boarding

Consultancy

Supplier On-Boarding

Key to the success of any supply chain finance program is that suppliers are willing to join the program. We support the planning of the roll-out and directly engage the targeted suppliers, working alongside the procurement department to ensure an efficient deployment of resources. Our experience helps you delivering the right information to suppliers.

The Cool Connection

Training / Learning

The Cool Connection

The leading business simulation software that bridges the physical and financial supply chain to provide the ultimate knowledge experience while ensuring sustainable results for both young professionals and seasoned experts. Trainings with The Cool Connection range from four hours to multiple days over a period time. Click here for more details, or contact us to setup a demo.

SCF Training

Training / Learning

SCF Training

Looking for the right levers to improve working capital? Need an up to date view and understand SCF techniques and solutions? Want to understand the sales and operational life cycle of the SCF product? Capital Chains provides expert training in the field of working capital management and Supply Chain Finance. Take a look at our standard training offerings or contact us for a bespoke proposal.