Third party logistics providers and financial value-added services: Good governance practices
Type
book
Date Issued
2018-11-29
Author(s)
Abstract (De)
The physical, informational, and financial flows in a supply chain are often not treated equally. While supply chain optimization has been an important agenda point for both manufacturers and their logistics service providers (LSPs), a lot of untapped potential still lies in the optimization of the financial flows within a supply chain. Successfully managing the financial flows within a supply chain can help manufacturers to overcome both the demand-driven volatility in available cash and the risk in trading partner default. The latter risk is gaining importance due to globalisation and the resulting internationalisation of and increase in trading partners. In this context, solutions such as the concept of supply chain (SCF) and financial value-added services (FVAS) are becoming more significant. The Knowledge Paper at hand gives an overview of good financial governance practices, the supply chain structure with its different actors and their interests as well as of the FVAS of customs clearance, freight payment services, and inventory financing.
Funding(s)
Language
English
HSG Classification
contribution to scientific community
HSG Profile Area
SoM - Business Innovation
Refereed
No
Publisher
Supply Chain Finance Community
Publisher place
Amsterdam
Volume
The Supply Chain Finance Essential Knowledge Series
Number
Volume 4
Start page
1
End page
64
Pages
64
Subject(s)
Division(s)
Eprints ID
255914