By Robert Banther, Solutions Marketing Manager, Ariba – an SAP company
The lawsuits are flying again. Yet another supplier is suing one of its buyers, this time American Apparel, over non-payment. The case is nothing new. In the face of global currency fluctuations and market volatility, many companies are struggling to make timely payments, and even worse, squeezing their suppliers or extending payment terms without realizing the negative impact on their their business.
When buyers....