Supply chain finance. Integrating operations and finance in global supply chains
type: Item
instance of: scholarly article
title: Supply chain finance. Integrating operations and finance in global supply chains
zbMATH Open document ID: 1393.90003
DOI: 10.1007/978-3-319-76663-8
author: Lima Zhao
author: Arnd Huchzermeier
published in: EURO Advanced Tutorials on Operational Research
publication date: 2018-07-04T00:00:00Z
review text: The book provides a comprehensive description of the interactions between finance and operations in the management of firms by also providing tools for best making decisions in the field. It is organized in eight chapters, each of them having a complete references list. Chapter 1 presents the concept of operations-finance interface for multidimensional integration and a framework of integrated risk management. In Chapter 2 the authors emphasize the link between capital structure and financial risk management by investigating how capital structure theories are applied for centralization and decentralization in operations and finance. Chapter 3 describes concepts and techniques of operational hedging in supply chain risk management, used for matching the supply with demand of material flows. Chapter 4 presents the conceptual framework of empirical investigation of integrated risk management, by comparing its frameworks with those of enterprise risk management, whereas Chapter 5 provides an analytical model of integrated risk management with capacity reshoring. Moreover, an analytical and numerical analysis between operations and finance is also presented. In Chapter 6 the authors describe a theoretical framework for supply chain finance and also show how emerging conceptual, analytical and empirical research has established the value and a foundation for development of supply chain finance. Chapter 7 presents a stylized model for managing supplier financial distress risk by two pre-shipment finance instruments: advance payment discount and buyer-backed purchase order finance. In the last Chapter 8 the authors present a qualitative and quantitative approach to reviewing conceptual research, as well as analytical models and empirical assessments of the interactions between operations and finance. The book can be very useful for students, practitioners and academics, as well as researchers and global managers, who can find in it valuable insights and directions for furth…
reviewed by: Doina Carp
Mathematics Subject Classification ID: 90-02
Mathematics Subject Classification ID: 90B06
Mathematics Subject Classification ID: 91G50
Mathematics Subject Classification ID: 91G40
Mathematics Subject Classification ID: 90B50
Mathematics Subject Classification ID: 60K30
zbMATH DE Number: 6898571
zbMATH Keywords: operation-finance interface
zbMATH Keywords: integrated risk management
zbMATH Keywords: supply chain risk
zbMATH Keywords: multinational corporations
zbMATH Keywords: capacity reshoring
zbMATH Keywords: supply chain finance
zbMATH Keywords: supplier financial risk
MaRDI profile type: Publication
full work available at URL: https://doi.org/10.1007/978-3-319-76663-8
OpenAlex ID: W4241237082
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description: scientific article; zbMATH DE number 6898571