PODCAST18 Aug 2020 09:31
PART 1/3
Alessandro Zamboni (AZ): Supply@ME is a platform focused on inventory monetisation. Accordingly, Supply@ME originate client companies that need to monetise their inventories and issue, and manage, securitisation process in order to provide funds and buy the inventory from the client companies. The very important point, is that for client companies it is not financing, it is a commercial transaction, and accordingly there is a huge demand, and also we could consider as the perspective of investors that Supply@ME is a new asset class.
IBS Intelligence (IBS): You talk about inventory monetisation. How does that work? If I’m a company and I have a warehouse full of stock and I sell it to you, how do I then sell it to my customers?
AZ: Yes, the big difference is that, the inventory, the stock that the company have, is sold to vehicles that are managed by the platform, and accordingly, under IFRS 15, so, accounting standards, international accounting standards, the client company could sell and get the recognition of assets. It is a bit different, because in the perspective of the company is not any debt, accordingly the financial ratio, the financial position improves, and the very important point for the client company, is that the company improve also the rating, the credit rating, the relationship with the banking sectors, banking industries, and in our perspective the vehicles, have a very important role, because they monitor inventories and assess the inventories, and accordingly, is a very important point for the investors side, in order to be sure that the inventory is under our control.
IBS: Well before we move on to the investors side, I suppose the very important thing to say in terms of the current situation is that the pandemic that the world is facing, is that it also allows to improve the companies cash position.
AZ: Correct, correct. It is a very important point because after Coronavirus the world … … is looking for a new way to manage the supply chain, also the delivery of goods, and accordingly the stock increase, and service that monetise the stock, and meanwhile let the manufacturing companies manage the stock and continue to sell to the end customer. It is a very powerful service.
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