Jabil's Cash Management Innovations in Asia

This document is a case study detailing Jabil's cash management journey in Asia over the past 16 years. It outlines the company's strategic decision in 2008 to consolidate its banking relationships through a Request for Proposal process, ultimately selecting Citi as a key banking partner. The consolidation led to the establishment of host-to-host connectivity, enhancing visibility and control over cash management. The case study describes how Jabil implemented innovative solutions such as Renminbi physical cash pooling and the development of an in-house bank to optimize global liquidity. It highlights the collaboration with Citi, particularly the introduction of Citi Token Services for Cash, which leverages blockchain technology to improve funding efficiency and liquidity optimization. The document also discusses the significant economic value derived from these innovations, including cost savings and enhanced operational efficiency. Jabil's approach to cash management reflects a commitment to innovation and strategic partnerships, positioning the company as a leader in the manufacturing sector.