Supply Chain Disruption: What it Means to the Credit Team from Late Deliveries to Customer Default
Thu, Nov 18
|Webinar
The pandemic has disrupted nearly every aspect of the global supply chain - the pathway of manufacturing, transportation and logistics that gets goods from where they are made to where they are going, impacting suppliers and their customers. We'll look at how this will impact the credit department
Time & Location
Nov 18, 2021, 1:00 PM – 2:00 PM CST
Webinar
About the Event
The pandemic has disrupted nearly every aspect of the global supply chain - the pathway of manufacturing, transportation and logistics that gets goods from where they are made to where they are going, impacting suppliers and their customers. Just about anything that is produced or manufactured is in short supply, and there are good reasons to suspect that these shortages will be with us well into 2022 and longer. In this webcast I will discuss:
Supply side: delivery of goods within a specific time; time is of the essence; late deliveries and customer damages;
Force majeure;
Acting in good faith and mitigating damages;
Moving from a sole-source supplier to multi-source;
Customer failure to pay because of supply chain disruption;