Case Posti Group & Kuljetusliike Pöytälaakso Oy

Supply chain cash flows on the move

Challenge

Posti Group wanted to build strong cooperation relationships with suppliers and provide special support to its transport company suppliers, which are facing tough times. It also wanted to find ways of reducing supplier risk and to unify suppliers’ payment term practices.

Applikationer och lösningar som används

Solution

In cooperation with OpusCapita, Posti Group launched a supply chain finance program, which optimizes cash flows in the supply chain. If they wish suppli¬ers can receive payment for their approved invoices into their account the fol¬lowing banking day. The margin spread is based on Posti’s credit rating. The solution supports Posti’s aim to build strong cooperation relationships with suppliers, reduce supplier risk and improve the circulation of working capital.
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“Supply chain finance allows us to support our subcontractors and increase transparency and flexibility in the management of the supply chain’s cash flow,”

Sourcing Manager Ville Vasunta, Posti Group