...'my supplier is an extension of my business'
Kurt Cavano discusses the importance of financial supply chains and the importance of cloud based platform with Mary Christine Joy. Synopsis: GT Nexus is a cloud based supply chain platform provider based in USA. The company was founded in 1998 by Kurt Cavano, and helps client companies in managing their logistics and trade processes. GT Nexus advocates the belief that in the future, we may not get to see competition amidst companies. But rather, the competition would be amidst supply chains. It strongly propagates the use of cloud technology in the supply chains. It works on a single idea - to put a cloud platform at the center of an industry, and let companies access a number of supply chain process for cheap and fast. Mr. Kurt Cavano, in addition to being the Founder, Vice Chairman and Chief Strategy Officer of GT Nexus, is also a strong supporter of the latest applications of technology. He is an author and speaker on topics of international trade and global supply chain management, especially retail supply chain. In his career span of around 25 years, he has helped a number of companies achieve more productivity with the intelligent use of technology. He holds a BS in Bioscience from Penn State University and an MBA from New York University. Excerpts:
Supply chain and finance are increasingly becoming dependent, especially because of globalization. What do you suppose in those lines? Please elaborate.
Can financial supply chain prove to be a practical approach in global sourcing of textiles and garments?
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.