Suppliers face delays in getting paid

04/17/2013 | Wall Street Journal, The

Companies are expanding aggressive cash-management practices they adopted in the credit crunch. Procter & Gamble is the latest major U.S. company to delay payments to suppliers. The consumer-products company will save as much as $2 billion in cash by making suppliers wait a few more weeks for their money, people familiar with the matter say. DuPont is also adopting the practice.

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