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Topic
Leveraging a Digital Trade Foundation to Unlock Further Value
Date & Time
Selected Sessions:
Dec 8, 2022 04:00 PM
Description
Twenty years ago Columbia Sportswear embarked on their digital journey starting with all of their trading partners moving to a single cloud-based network.
While starting as a Finance initiative - Sourcing, Logistics, and Trade Compliance have all leveraged the foundation to drive efficiency and scalability as Columbia has grown to become a $3B company with four strong brands.
Columbia will discuss their journey and how their entire supply chain benefits from a digital network.
What you will learn:
1. Digital commercial invoices and documentation automates international procurement, supplier settlement and working capital strategies
2. High quality data and payables visibility support confident cashflow forecasts and optimized working capital
3. Faster invoice approvals with n-way document matching automation opens new financial opportunities that benefit buyers and suppliers
4. Digital documents and data persistence enables streamlined customs entry and automated First Sale processes.