Collaborating with Siemens
Creating value jointlySupply Chain Management at Siemens fully exploits the potential of global purchasing markets, and at the same time provides reliable, end-to-end supply chains. This is why we concentrate only on the best and most innovative suppliers. Together with them, we make a significant and lasting contribution to business success, thus creating crucial competitive advantages - for our partners, our customers and ourselves.
Supply Chain Finance @ Siemens (SCF) is a solution for Siemens suppliers which is independent of banks, in order to facilitate the sale of receivables under attractive conditions and regardless of the amount of the individual receivable. Cashflow and working capital are thus optimized and the administrative costs of receivables reduced. Having developed and rolled out the program, Siemens Financial Services also organizes collaboration with the partners involved.