Financia aspects of supply chain management

Supply chain management is a complicated topic in modern industry; many companies are implementing SCM in an effort to increase profits and consumer satisfaction. The Flow of financial resources in supply chains is increasingly drawing the center of attention. Even the task of SCM begins with the financing and capital budgeting decisions of value creation relevant investments and ends only after the payment from the cuslomer ıs received. As a consequence, new tasks at the intersection of finance and logistics, supply chain management open new bus ness areas for banks as well as financial and logistics service providers. The term Financial SCM mirrors the concept of SCM; it recognizes that there is a chain of dependent events that has an impact on the working capital of an organization...