case_study_hd

MOHAWK chooses C2FO for ease of use & no-risk results

Challenges:

We had explored traditional supply chain finance but the value to
Mohawk and our supply chain was limited.

Solution:

  • We chose C2FO for its simple implementation, which allowed us
    to partially bypass our IT group.
  • The market-driven approach is effective for our entire supply chain.

“C2FO’s voluntary nature makes it difficult for suppliers to price the discounts back into our cost of goods. Our purchasing team has been in favor of the program.”
VP & TREASURER

The results:

  • We spend very little time managing the program.
  • The returns we gain with C2FO are favorable.
  • Recommended to our treasury peers because it’s no-risk and free money.
  • We can leverage our low cost of funds for the early payments.

MOHAWK chooses C2FO for ease of use & no-risk results

Company

$8B Global Manufacturer

Industry

Flooring Industry

Working Capital Goal

Increase member rebatesImprove our return onshort-term cash

c2fo_market
C2FO Market Member Since 2014