You are hereHome
Standard Chartered launches China Supply Chain Guide for the Middle East
Source: BI-ME , Author: BI-ME staff
Posted: Mon September 18, 2006 12:00 am

INTERNATIONAL. Standard Chartered today announced the launch of ‘Standard Chartered China: The Guide to Supply Chain Management and Logistics 2006/2007', to promote best industry practices and share the Bank’s expertise in the China supply chain and logistics industry.

Standard Chartered has been in China since 1858 and currently has one of the largest foreign owned banking networks in the country. Globally, the Bank has trade customers in 39 countries with the majority of transactions being conducted cross border.  With the introduction of supplier and buyer financing, supply chain deals in China have doubled from 2004 to 2005.

Karen Fawcett, Global Head of Transaction Banking, Standard Chartered said: “For all companies investing and working in China we envisage that the Guide will be an essential reference point and companion for doing business. This guide is a great testimonial to our trade expertise.  We are a forerunner in supply chain management, especially in a key market like China, where we have a strong history and presence.”

Azeem ur Rahim, Regional Head of Transaction Banking Middle East & Pakistan, Standard Chartered added:  “As a result of the growth in economy and manufacturing base, China is becoming a critical trading partner for corporates operating in Middle East and Pakistan. Given the size and depth of the economy China has become one of the major markets with excellent growth potential. More and more corporates are sourcing from China by building strategic alliances with core suppliers.

"One of the key procurement drivers for companies is to look at ways to streamline process and rationalise supplier base. This guide will be an excellent source for these companies to make strategic decisions with respect to logistics, electronic procurement and financial aspects of supply chain”.

The guide comprises 45 articles by banking supply chain financing and industry practitioners. It provides expert commentary, insight and analysis on key aspects of supply chain management and logistics for all companies and investing in China. Covering a breadth of topics the guide’s articles include information on supply chain solutions, updates on the regulatory environment, logistics infrastructure, regional analysis, China markets, maps and case studies.

The guide is co-sponsored by DHL, the China Supply Chain Council, Kerry Logistics and Infosys and has been published in English and Chinese. 

As part of the Standard Chartered's global transaction banking solutions to corporates and institutions, Transaction Banking provides cash management, securities services and trade services through the Bank’s network in Asia, Africa and the Middle East. The business provides a full suite of transactional products and serves as a bridge to these markets for clients from the US, Latin America and Europe. 

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 27, 2017
INTERNATIONAL. If history shows us that science has spawned so many unintended discoveries, what is around the next corner of unintended scientific breakthroughs?
date:Posted: April 27, 2017
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
date:Posted: April 26, 2017
UAE. New PwC report finds an increasing need for mid-market accommodations to cater to a younger generation that does not put much emphasis on star ratings; Emerging markets will overtake developed markets as a tourism and hospitality destination but also as key provider of customers.
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.
dhgate