Accounts receivable factoring, commonly known as invoice discounting, turns unpaid invoices into fast cash. Instead of waiting 30, 60, or 90 days, a business sells its receivables to a factor at a discount and receives an upfront advance — often 70% to 90% of the invoice value. The factor then collects from the customer and […]
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Predictive analytics in supply chain planning and forecasting is the practice of using historical and real-time data to anticipate demand, spot risks, and guide smarter decisions. The approach improves planning because it turns raw data into clear signals that teams can act on quickly. It also strengthens forecasting accuracy, so inventory and cash flow stay
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Global supply chain risks have become a major concern for businesses in today’s unpredictable environment. Disruptions caused by geopolitical tensions, economic shifts, and climate-related events can impact operations and profitability. To stay competitive, organisations need strategies that combine technology and proactive planning. Understanding Global Supply Chain Risks Global supply chain risks include delays, cost fluctuations,
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When it comes to any changes or uncertainty in the industry, smart supply chain strategies are highly essential. Global disruptions, shifting consumer demands, and sustainability pressures have made traditional supply chain models less effective. Digitisation and intelligent technologies are now the foundation for resilience and agility. What Makes a Supply Chain Smart? A smart supply
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Accounts receivable KPIs are essential for understanding how well your organisation manages incoming payments. These metrics provide insight into cash flow, customer payment behaviour, and overall financial health. Tracking them consistently helps businesses make informed decisions and avoid liquidity issues. What Are Accounts Receivable? Accounts receivable refers to money owed by customers for goods or
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Every year, as the electrical manufacturing and distribution sector evolves, one truth becomes clearer: the organisations that move fastest aren’t necessarily the ones with the biggest teams or the most expensive systems — they’re the ones that eliminate friction from manual processes. And nowhere is that friction more stubborn, or more underestimated, than in the
