EP 1062 Part 2 of 5 | Why Coffee Businesses Don’t Pay Their Bills on Time (Lee Safar) Map It Forward
About this episode
Lee Safar discusses the persistent issue of coffee businesses failing to pay their suppliers on time and the implications of cash flow problems in the industry.
Advertising Sponsor This episode is brought to you by Arcadia Green Coffee , Colombian coffee exporters taking fresh green coffee from Colombia to the world, farm to roastery, direct. New office now open in the UK. Instagram: https://www.instagram.com/arcadiagreencoffee/ WhatsApp: https://wa.me/353877871523 Episode Description This is episode 2 of a five-part solo series of The Daily Coffee Pro Podcast by Map It Forward titled Saying the Quiet Parts Out Loud. In this episode, podcast host Lee Safar addresses one of the coffee industry’s most persistent open secrets: businesses routinely fail to pay their suppliers on time. Payment terms are not suggestions. When a supplier gives a café, roaster, importer or buyer seven, fourteen or thirty days to pay an invoice, that deadline forms part of the commercial agreement. But throughout the coffee supply chain, businesses frequently delay payment because they do not have enough cash available when the bill becomes due. Lee explains how this behaviour moves through the industry. Cafés delay paying roasters, milk suppliers, bakers and produce distributors. Roasters delay paying importers or producers. Importers carrying unpaid invoices…
Sponsors
Arcadia Green Coffee
More episodes of MAP IT FORWARD Middle East
- EP 1061 Part 1 of 5 | When Coffee Branding Becomes the Business Model (Lee Safar) Map It Forward
- EP 1060 Part 5 of 5 | Why Nobody Can Predict Coffee Anymore (Jonas Leme Ferraresso) Map It Forward
- EP 1059 Part 4 of 5 | El Niño Could Change Everything for Coffee (Jonas Leme Ferraresso) Map It Forward
- EP 1058 Part 3 of 5 | How Trump Changed the Global Coffee Trade (Jonas Leme Ferraresso) Map It Forward
- EP 1057 Part 2 of 5 | Why Coffee Stock Levels Matter More Than You Think (Jonas Leme Ferraresso) Map It Forward
- EP 1056 Part 1 of 5 | Why Brazil's Coffee Harvest Is Defying Expectations (Jonas Leme Ferraresso) Map It Forward
Explore listener stats, chart rankings, contacts and more on the MAP IT FORWARD Middle East podcast page.