Focusing the financial flow of supply chains: An empirical investigation of financial supply chain management

Wuttke, David A.; Blome, Constantin; Henke, Michael

doi:10.1016/j.ijpe.2013.05.031

Cited by 267 publications

(334 citation statements)

References 84 publications

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“…This was followed by axial coding. Axial coding allowed us to root our data analysis in theory and helped to refine our concepts, leading to better reliability of the data (Wuttke et al 2013). More specifically, we looked for the contingency variables outlined in our literature review, which often required major adjustments.…”

Section: Discussionmentioning

confidence: 99%

Implementing sustainability in multi-tier supply chains: Strategies and contingencies in managing sub-suppliers

Wilhelm

Blome

Wieck

et al. 2016

International Journal of Production Economics

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214

236

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Buying firms must pay increased attention to supply chain sustainability issues as they might be held responsible by stakeholders for non-sustainable supply chain activities. Frequently, sustainability problems occur upstream at the sub-supplier level. Building on the literature on multi-tier supply chains (MSCs), we investigated the strategies of buying firms in the food, apparel, packaging, and consumer electronics industries to manage the sustainability of second-tier suppliers and beyond. In particular, we analyzed seven cases of global MSCs and found four different characteristic MSC types-open, closed, third party, and "don't bother".We identified three main factors-supply chain complexity, the sustainability management capabilities of the first tier supplier, and the type of sustainability in focus (i.e., environmental or social sustainability)-that determine when and how buying firms actually extend their sustainability strategies to their sub-suppliers.

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Section: Discussionmentioning

confidence: 99%

Implementing sustainability in multi-tier supply chains: Strategies and contingencies in managing sub-suppliers

Wilhelm

Blome

Wieck

et al. 2016

International Journal of Production Economics

Self Cite

214

236

View full text Add to dashboard Cite

show abstract

“…Furthermore, 30 % of journals were published in the journals within Operations and technology management category, with many journals focusing on logistics management, production management and supply chain. In fact the International Journal of Production Economics publishing the most papers (10). Operations and technology management field is followed by Operations Research and management science (16 % of selected articles) with European Journal of Operational Research publishing 9 articles and finance (15 % of the selected articles).…”

Section: Descriptive Results: Characterising Thementioning

confidence: 99%

“…There has been a considerable research done on the physical and informational flows but there interrelation with financial flows is one of the aspects that has been neglected and overlooked to a large extent [6,7,10,[15][16][17][18]. SCF brings in the innovativeness in the SC [19,20] with the main objective of aligning and relating physical, information and financial flow [1] and unlocking the trapped financial resources in the SC [18].…”

Section: Supply Chain Orientationmentioning

confidence: 99%

“…The variability of coordination depends on the factors, such as, company relationship, level of coordination, and inter and intra-level collaborations [1,[6][7][8][9]. For the successful associations, SCF actors initiate SCF instruments to coordinate SC members, SCF services and SC processes for maximising the value generated and captured by the financial flows along the SC [10]. By doing so, SCF actors align the financial flows with the ultimate objective of cash-flow management [10][11][12][13].…”

Section: Introductionmentioning

confidence: 99%

“…For the successful associations, SCF actors initiate SCF instruments to coordinate SC members, SCF services and SC processes for maximising the value generated and captured by the financial flows along the SC [10]. By doing so, SCF actors align the financial flows with the ultimate objective of cash-flow management [10][11][12][13]. Through the Systematic Literature Review (SLR), this article addresses two crucial questions: ReQ1: What are the SCF instruments that different actors can implement to improve the performance of SC processes and finances in SC?…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

A Systematic Literature Review on Supply Chain Finance Actors, Instruments and Processes

Chakuu¹,

Masi²,

Godsell³

2018

dtetr

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Supply Chain Finance (SCF) aims at managing the financial flows along the supply chain with an objective of maximising the creation and delivery of financial services. The literature on SCF is complex and focuses on SCF actors, SCF instruments and supply chain processes. However, the connection between these elements is weak, and the configurations of actors, instruments and processes that maximises financial value creation is unclear. In the light of this gap, this article aims at reviewing the literature on SCF, with a specific focus on actors, instruments, coordination, performance of processes and their interrelation. A systematic approach has been taken to the literature review, which ensures it is auditable and repeatable. The selection criteria are clearly aligned with the review questions and relevant information is extracted from the selected papers and synthesised into a set of constructs. Furthermore, the constructs are used to develop a conceptual framework to align SCF actors and instruments along with the contextual factors.

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How can banks and finance companies incorporate value chain factors in their risk management strategy? The case of agro‐food firms

Wasan

Kumar

Luthra³

2022

Bus Strat Env

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A value chain framework for guiding the financial firms in their credit decisions is urgent, as the current COVID-19 pandemic has highlighted, but missing in the extant literature, particularly for those that lend to industries sensitive to value and supply chain bottlenecks. This study creates knowledge in value chain finance, a big untapped and un-researched market. It constructs, confirms, and validates a value chain framework for assessing risks in lending to Agro and Food Processing firms in which value chain risks are major business concerns globally. To pursue the objectives of the study, we use a novel methodology that integrates the Modified Delphi technique, exploratory factor analysis, confirmatory factor analysis, and discriminant analysis. Based on testing and analysis of primary data, including loan data, a framework comprising six factors is proposed for use in conjunction with existing risk assessment models of finance companies to improve the quality of their credit decisions, contributing to their performance sustainability.agro-food, bankruptcy, default risk, risk management, supply chain financing, value chain | INTRODUCTIONIncreasing modernization is causing higher integration and interdependence among firms across the value chain. Technology has connected value chains globally, providing new opportunities for small companies and market players from developing countries and emerging-market economies to partake in the world economy as they are now not required to hold expertise in all the stages of production and distribution (OECD, 2021). Technology-enabled changes over the last many years have also magnified the swiftness and size of disruptions in an unprecedented manner, which conjoined with increasing trends of globalization, urbanization, environmental performance concerns, and shifting demographics are amplifying and intensifying uncertainty in the marketplace (Lee & Trimi, 2021). The outbreak of the COVID-19 pandemic in the year 2020 is estimated to have caused combined revenue losses of up to $4 trillion in U.S. and European firms from supply chain disruptions (Mitchell, 2021). It has highlighted and advanced the need for firms to bring changes in their traditional business models for sustaining performance in periods of crisis (Breier et al., 2021;Khan et al., 2021). Sixty-four percent of U.S. and European firms had revenue losses between 6% and 20% in 2020, along with severe damage to their brand value (Mitchell, 2021). Although the COVID-19 in present times is a significant disruptor responsible for straining and breaking the value chains, it is only one among other disruptive forces such as cyberattacks, diverging regulations, and instability in commodity prices (Clark, 2021). Companies across industries can expect significant financial loss causing value chain disruptions every 3.7 years

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Focusing the financial flow of supply chains: An empirical investigation of financial supply chain management

Cited by 267 publications

References 84 publications

Implementing sustainability in multi-tier supply chains: Strategies and contingencies in managing sub-suppliers

Implementing sustainability in multi-tier supply chains: Strategies and contingencies in managing sub-suppliers

A Systematic Literature Review on Supply Chain Finance Actors, Instruments and Processes

How can banks and finance companies incorporate value chain factors in their risk management strategy? The case of agro‐food firms

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