Company Research Report: Falcon Group
Company Overview
Name: Falcon Group
Mission of the Company:
Falcon Group is committed to delivering supply chain resilience and balance sheet efficiency through asset and inventory solutions.
Founding Information:
- Founded: No information is available.
- Founder: No information is available.
Key People:
- Kamel Alzarka - Chairman & CEO
- Nam Sahasra - Executive Board Member
- Susan Skerritt - Independent Non-Executive Director
- Mark Yassin - Independent Non-Executive Director
- Daniel Howlett - Independent Non-Executive Director
Headquarters:
No information is available.
Number of Employees:
No information is available.
Revenue of the Company:
No information is available.
Recognition:
Falcon Group has transacted over $10bn in the past five years and is audited by Deloitte and rated by Moody’s (Ba1).
Products
Overview:
Falcon Group provides comprehensive solutions to optimize inventory and asset management for large corporates and suppliers.
Inventory Solutions:
1. Pre Shipment: Enhances liquidity and generates cost savings on the purchase of inventory. Leverages existing commercial terms without impacting the balance sheet.
2. Transit: Improves inventory turnover and liquidity by purchasing inventory on delivery. Holds inventory in-transit and offers extended payment terms.
3. Storage & Consignment: Ensures supply chain security, reduces the cost of capital, and improves supplier relationships. Facilitates centralized vendor-managed inventory, maintaining agility by paying only for what is consumed.
4. Outbound: Achieves true sale of goods, immediate cash inflow, and strengthens customer relationships. Falcon purchases and pays the client upfront, providing extended terms to the end customer.
Key Features:
- Comprehensive modular solutions applicable throughout the supply chain.
- Focus on critical working assets.
- Extends payment terms to enhance working capital efficiency.
- Risk mitigation through internal risk management frameworks.
- ESG policy integration for sustainable operations.
Recent Developments
New Products:
- Introduction of Asset-as-a-Service (AaaS) solutions for both Buyers and Vendors.
Notable Events:
- 26 October 2022: Falcon Group helps navigate the automotive industry's paradigm shift.
- 17 October 2022: Released an introduction video about off-balance-sheet solutions for inventory and Capex.
- 30 September 2022: Participated in DHL’s webinar on managing supply chain disruptions in the auto-mobility industry.
New Features:
- Enhanced working capital efficiency through extended payment terms and better inventory turnover.
Partnerships:
- Aptec (Ingram Micro Company): Allows extended payment terms to resellers, improving liquidity and financial drivers in the GCC region.
Governance and Recognition:
- Recognized in London Stock Exchange’s '1000 Companies to Inspire Britain' report.
- Falcon Group's offering underpinned by a proven internal risk management framework and audited by Deloitte.
Recent Appointments:
- Lee Thompson: Appointed as Managing Director, Global Asset-as-a-Service.
- Mark Wood: Appointed as Head of Digitalization.
- Bob Belshaw and Jennifer de Melo: Appointed as Directors of Business Development in the US.
- John Ahearn: Appointed as Americas CEO and Group Vice-Chairman.
Other News:
- 16 September 2021: Interview on new quality optimization in supply chain management.
- 23 March 2021: Addressed the reshoring trend due to semiconductor shortfall.
- 12 February 2021: Discussed the importance of close collaboration between supply chain and finance teams.
Corporate Social Responsibility
UNHCR Partnership:
- Falcon Group actively contributes to saving and protecting refugee children, supporting UNHCR initiatives and efforts for over five years.
Environmental, Social, and Governance (ESG) Commitment:
- Falcon Group follows a rigorous ESG policy ensuring responsible business practices and sustainability.
Conclusion
Falcon Group stands out as a leading provider of asset and inventory solutions, with a robust governance framework and a solid commitment to social responsibility.
Note: Important company-specific financial figures, headquarters location, and founding information were not available in the provided data.