Walmart, Amazon focus on supplier financial health — PYMNTS.com

PYMNTS.com reports that Walmart and Amazon are taking steps to support the financial health of their suppliers:

“For these smaller enterprises, access to capital is critical, and getting funds into the corporate coffers with speed means that it becomes easier to manage operations and they can, in turn, access the inventory and items that they sell to the consumers on Amazon’s and Walmart’s marketplaces. This keeps customers happy, boosting subscriptions to Prime and Walmart+. And in the background, Amazon and Walmart help spur merchants to use fulfillment services to get goods to the consumers’ doorsteps.“

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