22 for 22 blog-05For many of us, this single year has felt like an entire decade.

Even though much of the world began to regain (albeit shakily) its footing, we all continue to experience the lasting, and compounding affects of the pandemic. Decidedly, we have pushed on in an effort to keep the world moving—together—at a time when we have never been more interdependent.

There is much to worry about. There is much to celebrate. There are still many unknowns.

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FHRX carroll comms blog imagery-10The world’s supply chains have never been more interdependent as they are today. And as a global pandemic continues to redefine modern commerce, one thing is certain—to have stronger suppliers, we need stronger relationships with suppliers.
 
I spoke with Byron Carroll, President and Founder of Carroll Communications, Inc—a US-based, veteran-owned small business. By incorporating a data-based, objective assessment, his company has grown three-fold against a commercial environment like no other. That success has also brought myriad benefits to both downstream clients and upstream suppliers—for a more resilient chain and partnership ecosystem, overall.
 
Carroll Communications—awarded a new Department of VA contract in Texas (for the Installation of new Access Control/Physical Security Card Readers)—has been using The FHR Exchange™ and their own Financial Health Rating to advance those partnerships across the globe.
 
In fact, they’ve seen record growth and recognition since joining—launching a Spanish-language website for expanded demand in Central and South America, while also winning the Department of Defense’s FY 2020 Nunn-Perry Award for DMCA (recognizing excellence in the DOD Mentor Protégé Program).
 

Read our full conversation below.

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 As the world gradually reopens, suppliers of all sizes are seizing new opportunities to help large enterprise clients meet demand forecasts and create new, long-lasting partnerships.

Carroll Communications—recently awarded a new Department of VA contract in Texas (for the Installation of new Access Control/Physical Security Card Readers)—has been using The FHR Network and their own Financial Health Rating to advance those partnerships across the globe.

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Many were surprised when fintech darling Greensill Capital suddenly collapsed earlier this year.

Buoyed by capital from leading global investors, the company was widely understood to be transforming and revolutionizing the business of supply chain finance with new technology and methods. Beyond the implosion however, the incident teaches several important lessons about risk and fintech.

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In December, we wrote an open letter to private company suppliers around the world.

The world’s supply chain has never been more interdependent as it is today. And as a global pandemic continues to redefine modern commerce, one thing is certain—to have stronger suppliers, we need stronger relationships with suppliers.

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