HONG KONG, JULY, 8, 2020
HONG KONG, JULY, 8, 2020
On July, 8 2020, CRIF was invited to speak in a webinar by the Support and Consultation Centre for SMEs (SUCCESS), a government information and advisory centre which is part of the Trade and Industry Department in Hong Kong.
CRIF provided an overview of best practices to evaluate buyers and suppliers through business information to avoid supply chain breakdowns while also enhancing credit risk management. During the COVID-19 pandemic, SMEs have been facing substantial supply chain challenges since their suppliers may not be able to deliver the goods on time, while many buyers have reduced orders or delayed repayments.