The Royal Bank of Scotland's (RBS) former head of trade & supply chain, Lionel Taylor, has announced his appointment as chief operating officer for China Export Finance (CEF).
Having already worked alongside Chinese exporters and Western buyers, Mr Taylor has become known for innovative approaches to the field of supply chain management.
Karl Alomar, chief executive of CEF, said: "Lionel has a wealth of experience in our marketplace. His knowledge and understanding are of great value to us and I am delighted that he has chosen to join CEF. He is a great advocate of progressive evolution of trade finance and has been at the forefront of the development of original financial supply chain thinking."
The need to maintain expansion plans and ensure recruitment levels are kept high are two factors which will be affecting nearly all companies at present and adapting a supply chain can be one of the most effective ways of ensuring costs are cut in order to save the need to make redundancies.
Contracting a third-party supply chain company can help to increase the amount of savings made by a business, as an outside company has the potential to lend more experience to the task than perhaps an in-house operation.
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