date:May 21, 2014
mes in the right circumstances, they should not be used as a justification for a company extending payment times to its suppliers.
The practice of using a supply chain finance scheme in order to extend payment times is happening more frequently. Both Monsoon and Debenhams have carried out similar practices in recent years. GlaxoSmithKline and Premier Foods have both charged suppliers a one-off fee simply to continue to be considered as preferred suppliers for their businesses. At a time when ou