Many enterprises to invest in the supply chain to boost their competitive advantages in both the Vietnam market and overseas markets.
Given the trend of globalization, the competition between domestic enterprises and foreign enterprises is inevitable; and the competitive advantage comes from having an efficient supply chain. In operation, as a company optimizes its supply chain, financial costs would decrease; it also helps to improve flexibility, time efficiency and quality of service.
Supply chain management is associated with almost all the operations of manufacturing enterprises, from planning and managing the process of finding inputs, purchasing, producing goods, managing logistics, etc. to coordinating with partners, suppliers, intermediaries, services providers and customers. In fact, many famous global brand names such as Apple, Amazon, Unilever, Intel, Nike, Walmart, Samsung, etc. are the best supply chains all over the world. In Vietnam, the closed supply chain is being applied at manufacturing corporations in the sectors of livestock, garment, nutritional food producing, real estate, etc., i.e. Vinamilk Co., Phong Phu garment Co., Nha Be garment Co., etc. in regards with controlling inputs, goods with competitive prices, as well as ensuring good and fresh products sold to consumers. Therefore, nowadays there are many enterprises investing in the supply chain to boost their competitive advantages in both the Vietnam market and overseas markets.
Given the issue, there are credit organizations in Vietnam including Sacombank, offering funding for distributors, agents, suppliers of many famous corporations with a wide distribution network in Vietnam. Given the consistent preferential policy at Sacombank network, distributors and agents of corporations can get benefits from preferential transaction fee, underwriting fee, lending interest rate, and lending rate up to 100% of real estate collateral. Accordingly, distributors and agents can approach funds timely from Sacombank with the lending rate lower than that of a normal loan from 1% to 2%. Hence, they are proactive in getting funds, saving costs and time; while corporations can enhance revenues, follow financial plans, decrease management expenses relating to receivables, as well as share risk of payment with the bank.
Besides, vendors, suppliers can get support from Sacombank in regards to evaluate the prestige of purchasers as well as 80% of their receivables without collateral through factoring service. This is a financial solution offered by Sacombank that meets demand of getting working capital, saving time and cost of receivables management with deferred payment. This financial solution is also provided to enterprises exporting their goods to overseas (i.e. Cambodia and Laos) with deferred payment.
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Transaction points of Sacombank or FDI & Large Corporations Customer Services Department (Sacombank’s Head Office):