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Article: Supply chains flow to credit departments.(INTERNATIONAL)
- Article from:
- Business Credit
- Article date:
- October 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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One of the ramifications of the global marketplace is the fact that supply chains are becoming longer and more complicated, and sometimes traverse unstable and dangerous areas beset by military conflict, civil unrest or natural disasters. Supply chain management is a crucial function of many corporations today that buy and sell products around the world. It is a function that credit professionals must take into consideration as a key variable to consider in assessing country or political risk. A customer's ability to pay for products may be greatly influenced by the costs and risks of the supply chains upon which it depends. Credit departments in companies involved in ...