Global retailers have hundreds of millions of dollars worth of clothes on the sea at any given moment. 

Essentially, this money is just tied up. The retailer doesn’t need the clothes until they arrive; yet the clothes are still owned by them while travelling across the world, over long time periods.

This is where inventory solutions come in. The inventory partner would own the clothes as they traverse across the world, and sell them to the retailer upon arrival at the destination.

Deepesh Patel, Editorial Director at Trade Finance Global, spoke to Dhiresh Dave, Chief Legal Officer & Managing Director—Legal, Compliance & Governance, at Falcon Group to discuss the benefits and use cases of inventory finance.

Watch the full interview for more insights.

The post VOXPOP | Dhiresh Dave on inventory finance appeared first on Trade Finance Global.