The Trade Balancing Act
The rules of the game in global trade are changing. As corporates' supply chains are threatened by a lack of liquidity, the time is right for global, collaborative efforts to revitalise trade. The credit crunch is having a dramatic impact on corporates and their supply chains. Prior to the credit crisis, large companies rarely placed a high priority on working capital as abundant and relatively cheap credit meant that the cost of working capital inefficiencies was low.