ICC Academy’s Supply Chain Summit to host the release of standardised finance terminology
Taking place in Singapore on the 9-10 March, the ICC Academy’s Supply Chain Summit will play host to a number of industry experts as well as the official release of globally-standardised supply chain finance terminology.
The summit, which will be held at the Maxwell Chambers in Singapore, will welcome 150 trade finance experts, CFOs, corporate credit and risk managers, corporate treasurers, import managers, trade specialists, bankers, insurers, consultants and vendors from all over the world. It will feature panels and case studies by industry leaders, invaluable networking opportunities, and up to 15 professional development credits (PDCs) towards any ICC Academy certification.
A key feature of the summit will be the release of a new internationally-standardised definitions for techniques of supply chain finance endorsed by the ICC Academy, facilitated by the ICC Banking Commission and jointly produced with key global industry associations: Bankers Association for Finance and Trade, Euro Banking Association, Factors Chain International, and International Forfaiting Association, whose members will be contributing to the panel discussions.
A panel will discuss the benefits of a globally-standardised definition of supply chain finance, as well as the details of the drafting process, and its proposed structure and techniques. The panel will also explore the next steps in the global adoption of the terminology.
Alexander Malaket, Co-Chair of the ICC Academy Academic Committee and Chair of the Global Supply Chain Finance drafting group said: "Releasing a common terminology for supply chain finance will have a lasting positive impact for global business. Professionals and companies will be able to communicate and understand their international counterparties better, which will, in turn, enhance relationships and streamline business - promoting global economic growth."
Accenture Acquires SCM Software Firm Blue Horseshoe
Accenture has announced its acquisition of Blue Horseshoe, a US-based supply chain management software provider and consultancy firm.
Upon completion, Blue Horseshoe’s 349 professionals will join Accenture’s Supply Chain & Operations group, expanding the professional services group’s capabilities to create more interconnected and resilient supply chains for clients.
“To be competitive, companies need to transform their supply chains to deliver the innovative and hyper-personalised products, services and experiences that are in high demand—and fulfilment is core to that transformation,” said Renato Scaff, Accenture’s Supply Chain & Operations North America lead. “Blue Horseshoe’s deep fulfilment consulting experience and methodologies support Accenture’s vision for building customer-centric, resilient and responsible supply chains that benefit people, society and the planet.”
Who are Blue Horseshoe?
- Founded: 2001
- CEO: Chris Cason
- Employees: 349
- Offices: 4 in USA, 1 in Amsterdam, 1 in Estonia
- Key customers: Lids, Pabst Brewing Co., Half Price Books, Britax, Major Brands
Founded in 2001 in Indiana, USA, Blue Horseshoe now operates from six offices across the US and Europe. The company provides cloud-based solutions for supply chain management, ERP, warehouse management and transportation management systems, including its own Supply Chain Cloud platform, as well as Oracle NetSuite and Microsoft Dynamics 365 Supply Chain Management as a Microsoft Inner Circle Partner.
Blue Horseshoe specialises in fulfilment and distribution solutions, with expertise in the food and beverage, consumer packaged goods, and retail distribution industries. Over the past 20 years, the company has improved around 700 supply chains, including those of leading companies such as fashion retailer Lids, cosmetics company Regis Corporation, Pabst Brewing Co., and family-owned bookstore chain Half Price Books.
“For two decades, we’ve worked with clients to build connectedness, efficiency and automation across their enterprise and supply chain operations,” said Chris Cason, CEO, Blue Horseshoe. “As part of Accenture, we will bring increased scale and combined expertise to help clients put in place next generation supply chain and fulfillment strategies that meet customer expectations and support business growth.”
Accenture's acquisition of Blue Horseshoe is subject to customary closing conditions.