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Introduction to Operations–Finance Interface

  • Lima ZhaoEmail author
  • Arnd Huchzermeier
Chapter
Part of the EURO Advanced Tutorials on Operational Research book series (EUROATOR)

Abstract

This chapter presents concepts of OFI (operations–finance interface) and a framework of integrated risk management. First, we introduce a “closed-loop” view of resources by a cycle of material, financial, and information flows. Second, we synthesize various definitions on operations–finance interface to ensure consistency. Third, we present a risk management framework for multidimensional integration of operations–finance interfaces. Fourth, ten aspects are examined to specify the conditions under which firms should integrate operations and finance. Fifth, we examine the decision criteria for relationship analysis of operations and finance (complements or substitutes).

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Associate Professor of Supply Chain Management, Ningbo Supply Chain Innovation Institute ChinaMIT Global SCALE NetworkNingboChina
  2. 2.Chair of Production ManagementWHU-Otto Beisheim School of ManagementVallendarGermany

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