This article is posted in Consulting.us and announces a new supply chain management firm named Eliant Inventory Solutions, which was formed by three FIs; Apollo, Athene, and BNP Paribas. The firm will provide various capital solutions to companies that wish to optimize supply chains and improve working capital effectiveness. We have just released some member research on the procure-to-pay space, which is all about better management of the cash conversion cycle, including the strategic use of financing alternatives along the way.
‘With rising costs, sluggish growth, continuing supply chain disruption and the current geopolitical crisis in Europe causing havoc, large companies are increasingly looking for economically efficient ways to bolster resiliency within their supply chain while mitigating inflation…
The mounting financial pressures means that companies are seeking more efficient working capital management, including better costs management of inventory and asset financing…
Investment banks have been providing supply chain financing for over a decade. Demand is growing rapidly because the costs of building up inventories and running complex, multi-geography supply chain is consuming more and more of companies’ working capital – its cash – and resources.’
One of the partners that Eliant will rely upon is GEP, a procurement and supply chain solutions company. We have not received a briefing on the overall set up but Eliant operations are seemingly underway and utilize GEP’s cloud native solutions with the bank-based owners providing the financial expertise around where to expend capital resources for inventory and other supply chain requirements. The article provides a couple of visuals that illustrate the benefits of greater efficiency and effectiveness in managing end-to-end supply chain complexities. The timing seems to fit well with ongoing pandemic and geopolitical unrest impacting supply chains, along with inflationary and other economic factors. Certainly worth a quick read to bone up on what’s continuing to happen in this space.
‘Under the guidance of Eliant and GEP, inventory is financed, managed, distributed, and optimized by experts that are adept in managing high-volume and complex global supply chains. Alongside providing the consulting expertise and procurement delivery services, GEP’s AI-powered software platform provides full transparency across the value chain and in costs including spend and inventory management…
With Eliant, companies move the day-to-day job of running their complex supply chains to GEP’s AI-driven cloud-based platforms, eliminating the need to invest millions and years upgrading inhouse legacy platforms. Running the supply chain on GEP’s purpose-built platform, forces transparency and collaboration across key functions – demand planning, procurement, supplier management, real-time inventory management, overstock and inventory obsolescence.’
Overview by Steve Murphy, Director, Commercial and Enterprise Payments Advisory Service at Mercator Advisory Group
