Vendor Case Study

Managing Working Capital For A
Pioneer Welding Wires Manufacturer

With Xpedize, our client was able to effectively manage its working capital requirements by taking early payments & was able to maintain optimum inventory levels at all intervals to serve its large customer base.

An Industrial Goods Manufacturer

Client Overview

  • Our Supplier Client is a leading manufacturer of MIG / Co2 welding wire used in automobile industries to weld sheet metal components.
  •  They are a pioneer in the industry with supplies to large auto groups like Jay Bharat Maruti Group, SKH Metals, Sandhar Tech and some more.

Key Challenge

To manage a large customer base, the supplier must maintain its inventory at all intervals and maintaining such inventory at a large scale requires balanced working capital to meet business demands and to fulfil commitments. 

However, the challenge here was to maintain adequate working capital as the supplier has different credit time with different parties. This meant that the supplier required a stable finance provider.

Xpedize Solution

  • Regardless of the credit period, Xpedize now provides the supplier with an option to receive early payment on Invoices to manage working capital efficiently.
  • Tracking of invoices on Xpedize platform helps the supplier make future strategies based on amounts expected with due dates as approved with its respective Buyers.

Results Achieved

  • Supplier is able to manage its stakeholders with different requirements and credit periods by financing early payment through Xpedize.
  • After analysing market conditions and fluctuation in prices, the client now also purchases raw material in bulk; financing this by taking early payment from Xpedize to avoid these market challenges.
  • 24*7 tracking of accepted invoices on Xpedize portal
Xpedize understands supply chain finance nuances. Through our algorithm-based auction and dynamic discounting solutions, we bring efficiencies for the enterprise clients working capital management. For more information on our solutions, please visit solutions page.
Scroll to top