Title
Improving the Application of Financial Measures in Supply Chain Management.
Abstract
Many companies (especially SMEs) still feel poorly prepared and notice a deficiency of financial know-how when facing situations such as limitations in working capital. To reduce the amount of capital employed, close linkage of financial measures to the daily operations within the companies is required. Yet, supply chain performance measures are often not directly linked to overall financial targets (e.g. cost of capital vs. service level). This paper proposes taking financial parameters into consideration when making supply chain management decisions. It outlines supply chain finance (SCF) solutions available to bigger corporates, analyses current financial metrics for supply chain management and proposes concepts for a greater linkage between finance and supply chain performance measures. Finally, this paper will also reveal gaps where current concepts and metrics have limitations and future research is needed.
Year
DOI
Venue
2012
10.1007/978-3-642-40361-3_74
ADVANCES IN PRODUCTION MANAGEMENT SYSTEMS: COMPETITIVE MANUFACTURING FOR INNOVATIVE PRODUCTS AND SERVICES, AMPS 2012, PT II
Keywords
Field
DocType
supply chain management (SCM),financial measures,metrics
Service management,Service level,Supply chain risk management,Cost of capital,Supply chain management,Supply chain,Finance,Financial management,Business,Working capital
Conference
Volume
ISSN
Citations 
398
1868-4238
0
PageRank 
References 
Authors
0.34
1
4
Name
Order
Citations
PageRank
Felix Friemann101.69
Matthias Wandfluh200.68
Paul Schönsleben33111.70
R. Alard402.37