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Characteristics of SCF

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Part of the SpringerBriefs in Business book series (BRIEFSBUSINESS)

Abstract

Supply Chain Finance (SCF) is becoming an increasingly popular approach in today’s business. SCF is mainly driven by factors such as increased competition in the globalized market place, new technologies to process supply chain data, and the shift from letter of credit (L/C) to open account (O/A) in cross-border trading. At the center of Supply Chain Finance stands the inter-organizational management of working capital, the financial flows and the respective information exchanged across the supply chain.

Keywords

Supply chain management Working capital optimization Open account trade Automated collection solutions Invoice reconciliation Credit limit management Compliance regulations 

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Copyright information

© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  1. 1.Chair of Logistics Management (LOG-HSG)University of St.GallenSt. GallenSwitzerland
  2. 2.Sumitomo Mitsui Banking Corporation Europe LtdLondonUK

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