Blockchain and supply chain finance: a critical literature review at the intersection of operations, finance and law

The Value of Supply Chain Finance

In traditional study of supply chain management, people mainly consider the decisions from perspective of the operations management, such as, capacity, inventory, ordering level, pricing, etc., and often ignore to consider the impact of financial flow within the supply chain. However, the key function of supply chain management is concerned with the coordination of material flows, information f...

Blockchain Technology in Finance

Law and Finance at the Origin Ulrike

Understanding the causes of financial development and economic growth is central to the research agenda in economics. The law and finance literature has provided us with theoretical arguments and empirical evidence that a country’s legal system affects finance and growth (La Porta, Lopez-de-Silanes, Shleifer, and Vishny, 1997 and 1998). More recently, researchers have started to re-evaluate the...

Study on Supplier-Led Supply Chain Finance

This study analyzes a class of supply chain financing system that includes the small and mediumsized manufacturer, the retailer and the raw material supplier which is the core enterprise. Both the manufacturer and the retailer face cash-constraint and cannot produce/order their optimal quantity. Our study is mainly to discuss two financing methods: direct financing and supply chain finance fina...

Supply Chain Finance – What’s It Worth?

Supply Chain Finance (SCF) represents an innovative opportunity to reduce working capital. Its underlying mechanism is reverse factoring making the technique buyerrather than supplier-centric. Implementing SCF is a difficult and time-consuming task that requires top management attention. Yet, it promises significant savings. Our survey results show that, on average, companies reduce working cap...