Supply Chain Finance Solutions Relevance - Propositions - Market Val
The book “Supply Chain Finance Solutions” offers orientation in the new discipline of Supply Chain Finance (SCF) by investigating the need for and nature of SCF, along with its characteristics and enablers. Due to the novelty of the Supply Chain Finance a
- PDF / 1,196,869 Bytes
- 91 Pages / 439.37 x 666.142 pts Page_size
- 67 Downloads / 182 Views
For further volumes: http://www.springer.com/series/8860
Erik Hofmann Oliver Belin •
Supply Chain Finance Solutions Relevance—Propositions—Market Value
123
Dr. Erik Hofmann Chair of Logistics Management (LOG-HSG) University of St.Gallen Dufourstrasse 40a 9000 St. Gallen Switzerland e-mail: [email protected]
Oliver Belin Sumitomo Mitsui Banking Corporation Europe Ltd 99 Queen Victoria Street London EC4V 4EH UK e-mail: [email protected]
ISSN 2191-5482
e-ISSN 2191-5490
ISBN 978-3-642-17565-7
e-ISBN 978-3-642-17566-4
DOI 10.1007/978-3-642-17566-4 Springer Heidelberg Dordrecht London New York Ó Springer-Verlag Berlin Heidelberg 2011 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Cover design: eStudio Calamar, Berlin/Figueres Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Management Summary
With widespread coverage in the media, at conferences and in numerous articles in finance magazines, Supply Chain Finance (SCF) has become one of the hottest topics in business administration. SCF is not a recent concept. It has long been known as a significant part at the intersection of Supply Chain Management (SCM) and trade finance. What has changed during recent years is the decision of numerous companies to convert the approach and its opportunities into deliverable benefits. The rules of the game in trade finance have changed. With the latest credit crisis, companies see their supply chains threatened by a lack of liquidity. This cash dry-up makes corporates look to more tangible sources of financing their businesses. Financial institutions are increasingly responding to corporate demands to increase efficiency in their financial supply chains. With competition no longer among individual companies but among entire supply chains, every area of end-to-end cost reduction is being explored. Therefore, SCF solutions could help leading companies make their whole supply chain more competitive. Recent research seems to confirm that the credit crunch is driving the adoption of SCF. Both banks and corporates are keener than ever to make their scarce capital stretch as far as possible. The global economic crisis has resulted in reactions that are fueling the widespread
Data Loading...
