To align itself more agilely, ZWILLING now uses the Traxpay financing platform, which is supporting companies in the global Supply Chain Financing with service providers and partners. The company has now started using the Dynamic Discounting product from Traxpay. With the supply chain finance instrument, ZWILLING supports its supplier ecosystem with additional liquidity, and in return receives a return by investing liquidity in its supply chain.
With Dynamic Discounting, ZWILLING suppliers can decide when and which invoices to accelerate. In doing so, suppliers can benefit from immediate access to needed liquidity while additionally reducing their financing costs.
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