Agent-Based Approach to Configure Processes in Iran’s Banking Service Supply Chain

Jalilian, Negar; Zanjirchi, Seyed Mahmoud; Sadrabadi, Alireza Naser; Asgharpourmasouleh, Ahmadreza; Goh, Mark

doi:10.3390/su13147566

Cited by 3 publications

(1 citation statement)

References 54 publications

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“…This model comprises several key components essential for its successful implementation and operation. At the core of the integrated banking-supply chain model lies a robust financial infrastructure (Otonnah, et al, 2024;Jalilian, et al, 2021). This infrastructure encompasses various banking services such as payment processing, trade finance, liquidity management, and risk mitigation tools.…”

Section: Key Components Of the Integrated Banking-supply Chain Modelmentioning

confidence: 99%

The Integrated Banking-Supply Chain (Ibsc) Model for FMCG in Emerging Markets

Tolulope Esther Edunjobi

2024

Financ. account. res. j.

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The Integrated Banking-Supply Chain (IBSC) model represents a comprehensive framework designed to enhance the efficiency and resilience of Fast-Moving Consumer Goods (FMCG) supply chains in emerging markets. Emerging markets present unique challenges, including infrastructural limitations, economic volatility, and limited access to financing. The IBSC model addresses these challenges by integrating banking services with supply chain management practices, fostering collaboration among stakeholders and leveraging financial instruments to optimize operations. This paper explores the key components and benefits of the IBSC model within the context of FMCG industries operating in emerging markets. It highlights the significance of collaboration between banks, FMCG companies, suppliers, distributors, and other stakeholders to promote transparency, efficiency, and accountability throughout the supply chain. Moreover, it emphasizes the importance of tailored financial services, such as trade finance, working capital loans, inventory financing, and supply chain financing, in meeting the unique needs of FMCG businesses in emerging markets. Trade finance plays a pivotal role in facilitating international trade transactions by providing financing for importing raw materials and exporting finished goods. Working capital loans assist FMCG companies in managing their day-to-day operational expenses, while inventory financing enables them to leverage existing inventory as collateral to secure financing and optimize cash flow. Supply chain financing mechanisms, such as factoring and invoice discounting, provide liquidity to suppliers and distributors along the supply chain, thereby enhancing overall efficiency and resilience. Overall, the IBSC model offers FMCG companies in emerging markets a strategic approach to overcome challenges related to supply chain management and financing. By integrating banking services with supply chain operations, the model enables FMCG businesses to optimize working capital, reduce financing costs, and improve cash flow management, ultimately enhancing their competitiveness and sustainability in rapidly evolving markets. Keywords: Integrated Banking-Supply Chain Model, FMCG, Emerging Markets, Supply Chain Management, Financial Services, Collaboration.

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Section: Key Components Of the Integrated Banking-supply Chain Modelmentioning

confidence: 99%

The Integrated Banking-Supply Chain (Ibsc) Model for FMCG in Emerging Markets

Tolulope Esther Edunjobi

2024

Financ. account. res. j.

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How does technological innovation impact the service time and the attraction of new customers in the financial sector? Evidence from an emerging economy

Reyes-Rubiano,

Amaya,

Mayorga

et al. 2024

Oper Manag Res

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Due to safety perceptions, Colombian banking clients prefer to visit bank branch offices instead of other channels. Thus, there are long waiting for lines at branch offices. Considering the need for more tools for strengthening and streamlining client service, the number of financial clients tends to diminish. In this context, this paper aims to measure the impact of technological innovation on the clients’ waiting time and the attraction of new customers. We propose a simulation-based methodology to analyze customer behaviors and forecast the diffusion effect on mobile app adoption. Furthermore, our study provides managerial insights and future research lines.

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