Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (email@example.com) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
Tesco late payments: a case of old-fashioned bargaining power?
Tesco recently made headlines after being found to have deliberately delayed payments to its suppliers. From the corporate treasury perspective, payment delays are typically attributable to more complex reasons than a buyer simply wielding its bargaining power over suppliers. In any case, new technology is helping to reduce buyer-supplier friction.
To receive similar stories, sign up for Transaction services emails.