What are your current payment policy and practices for setting days of payment among your suppliers?  Does your practice expect suppliers meet your organization's days of payment received so that you are not underwriting your cash flow.?

This year we are focusing on increasing discounts.  We will be tacking overall payment terms next year.  We start the clock the later of goods receipt or invoice received so we do not underwrite vendor cash flow.

I can confirm, we are adapting payment terms since 5 months now, and expect the suppliers to comply, 75% is done and remaining require special focus whereof another 10-15% will be achieved. Rest stays and a remaining will either stay our via sourcing strategy tackled on a mid term basis