Fintech making smaller suppliers more resilient

An ASU supply chain expert discusses how fintech can help small and medium-sized enterprises to better manage finances and business operations.

In this story published Nov. 3, 2023, on Yield PRO:

Fintech platforms offer new pathways for small and medium-sized enterprise (SME) suppliers to access funds. By digitizing assets and leveraging technology, the platforms can increase SME suppliers’ liquidity and lower their cost of financing. And by helping strengthen SMEs, these platforms can help make the entire supply chain more resilient.

– Thomas Choi, AT&T Professor of supply chain management and co-director of the Complex Adaptive Supply Networks Research Accelerator