Taulia, the leading fintech provider of working capital solutions, has announced it is expanding its offering to include inventory management. The company has appointed Erik Wanberg to lead its inventory management business line.
Wanberg was previously a Managing Director in Supply Chain Finance at Wells Fargo and joins with almost 25-years’ experience from roles in inventory solutions at the likes of GE Capital and Silicon Valley Bank.
Erik Wanberg, Head of Inventory Management at Taulia, said: “There are limited options available to companies who are looking for inventory management support and supply chain disruptions are forcing many organizations to re-examine their suppliers’ ability to deliver goods when needed. This has created a perfect void that urgently needs filling. Taulia, with its established technology infrastructure, experience in providing access to liquidity for global supply chains and deep network of participating businesses, is the natural choice to step into the breach.”
Cedric Bru, CEO of Taulia, said: “Inventory is often cited as the most difficult working capital component for companies to improve upon. It is a demand that we have heard loud and clear from supply chain and sourcing leaders around the world. Taulia’s customers have told us they face a wide range of challenges, including lengthy lead times, an ever-increasing need for closer safety stocks and alternative solutions to complex vendor-managed inventory programs.
“Taulia has long been committed to empowering companies to unlock liquidity in their supply chains, and ultimately ensuring that process is as easy and efficient as possible. By expanding our platform into inventory management, we are further delivering upon that commitment. With Erik’s wealth of experience in world-class inventory solutions roles, I am confident that we can make a significant difference for our customers.”
Taulia is a fintech provider of working capital management solutions headquartered in San Francisco, California. Taulia helps companies access value tied up in their payables, receivables and inventory.
