Contents

Foreword by Michael Henke

Foreword by Michiel Steeman

Foreword by Joost van Beem

Acknowledgements

Introduction

Part 1 The background

01 Supply chain management and financial performance

1.1 Introduction

1.2 The importance of supply chains

1.3 Supply chain management in financial performance

1.4 Supply chain management and return on total net assets

1.5 Porter’s value chain

1.6 Shareholder value and supply chain management

1.7 Return on net assets

1.8 The supply chain ratio

1.9 Inter-organizational financial performance

1.10 Summary

02 The big issue – working capital management

2.1 Introduction

2.2 The demand for liquidity and working capital

2.3 Working capital

2.4 Liquidity

2.5 The working capital cycle

2.6 Working capital management

2.7 Who owns working capital management?

2.8 The limitations of working capital ratios

2.9 Financially sustainable supply chains

2.10 Summary

03 Supply chain management evolution

3.1 Introduction

3.2 The evolution of supply chain management

3.3 Supply chain management levels

3.4 Introducing the three flows

3.5 Purchase to pay process

3.6 The importance of cash flow

3.7 Supply chain finance schools of thought

3.8 Summary

Part 2 The current practice

04 The concept – a case for supply chain finance

4.1 Introduction

4.2 Transition stages

4.3 Network financing philosophy

4.4 Win situations

4.5 Basic approaches

4.6 Net benefit derivation

4.7 Morphological box

4.8 Summary

05 The ecosystem – organizations involved in supply chain finance

5.1 Introduction

5.2 Corporate and public sector users

5.3 Logistics service providers (LSPs)

5.4 Financial service providers

5.5 SCF platform providers

5.6 Consultants

5.7 Advisers

5.8 Industry and professional associations

5.9 Governments and other public bodies

5.10 Academia

5.11 Conclusion

5.12 Summary

06 The value proposition – options for supply chain finance

6.1 Introduction

6.2 Scope

6.3 Options

6.4 Comparison

6.5 Selection criteria

6.6 Decision time

6.7 Other options

6.8 Accounting considerations

6.9 Summary

07 Implementation – bringing SCF programmes to life

7.1 Introduction

7.2 SCF pitfalls

7.3 Implementation guidelines

7.4 Risk reduction approaches

7.5 Summary

Part 3 The future

08 The global setting – cross-border issues for supply chain finance

8.1 Introduction

8.2 Chinese financing and supply chain finance

8.3 Islamic financing and supply chain finance

8.4 Western SME financing and supply chain finance

8.5 Summary

09 The next thing – new frontiers for supply chain finance

9.1 Introduction

9.2 The uncertain side: risk management suggestion – how to build up a holistic risk assessment tool for SCF

9.3 The dark side: tax avoidance – does SCF open new loop-holes in the fiscal system?

9.4 The bright side: corporate social responsibility – is there financial fair play in scm?

9.5 The tech side: blockchain technology – can FinTechs bring SCF to the next level?

9.6 Outlook

Index