CAPS News - 10 Feb 2021
Why a CAPS researcher calls cash flow the lifeblood of a business
As the pandemic slowed supply chains, cash flow became a critical issue for many companies and suppliers. Dr. Lisa M. Ellram talks with ISM about calculating cash flow and adjusting payment terms in synergy with finance, from a recent CAPS report: Metrics of the Future. [Read more in ISM’s The Monthly Metric]
Speaking of cash flow, did the pandemic affect payment terms?
Only 31% of companies increased payment terms during Q1-Q3 of 2020. The majority of these had 40% or less of their supply base agree to the new terms. (Source: Pandemic Impact on Payment Terms, CAPS, 2021)
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Unilever guarantees living wage to every worker in its supply chain
Unilever has promised that every worker who provides it with goods and services will earn a living wage by 2030, extending to 65,000 direct suppliers and thousands of agricultural businesses.
[Read the article on CNN Business]
Semiconductor shortage forces automakers to cut production
Michigan and Missouri plants that produce the Ford F-150 are cutting shifts beginning this weekend, unable to continue without critical chips.
[Read more on CNBC]
Global Blockchain Supply Chain Market to grow
Blockchain SC Market is expected to grow at a CAGR of 81.7% between 2021 and 2026; plus, trends, COVID-19 impact, and forecasts.
[Read more in Yahoo Finance]
GM Will Sell Only Zero-Emission Vehicles by 2035
The move, one of the most ambitious in the auto industry, is a piece of a broader plan by the company to become carbon neutral by 2040.
[Read the story in the NY Times]
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