Needle Craft: Automating the Financial Supply Chain
The Jordan-based garment manufacturer was looking for a way to keep a competitive edge in manufacturing through higher levels of visibility and flexibility in transactions and working capital. Needle Craft adopted the GT Nexus platform in 2009, eliminating $175,000 in transaction costs annually. “Now we use all services available on GT Nexus, from shipment to payment, including invoice discounting,” says Muhammad Afzal, Finance Manager. “Approximately, on average more than $3 million worth of transactions is handled through GT Nexus every month.”
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