Supply Chain Finance

This textbook presents a coherent and robust structure for integrated risk management in the context of operations and finance. It explains how the operations-finance interface jointly optimizes material and financial flows under intricate risk exposures. The book covers financial flexibility, operational hedging, enterprise risk management (ERM), supply chain risk management (SCRM), integrated risk management (IRM), supply chain finance (SCF), and financial management of supply chain strategies. Both qualitative and quantitative approaches including conceptualization, theory building, analytical modeling, and empirical research are used to assess the value creation by integrating operations and finance.
This book provides a comprehensive description of the interactions between finance and operations and of how managers can best make decisions in recognition of these effects. John R. Birge, University of ChicagoSupply chain finance is anemerging area where innovations can unlock great values to complement the advances in information and physical flows of supply chain. Hau L. Lee, Stanford UniversityThis book provides an excellent overview of supply chain finance and its most recent advances. Jan A. Van Mieghem, Northwestern UniversityThis book is indispensable for advanced students as well as practitioners when looking for a pedagogical sound and scientific rigorous approach to Supply Chain Finance. Ralf W. Seifert, IMD/EPFLThe book advances our knowledge on the interface between operations and finance and provides managerial guidelines for effective risk management in the supply chain. Xiande Zhao, CEIBS

Presents the first application-oriented textbook on the operations-finance interface Provides a coherent and robust structure for pursuing a comprehensive approach to integrated risk management Explains qualitative and quantitative methods, wich are supported by brief cases and numerical examples

Auteur
Lima Zhao is Assistant Professor of Supply Chain Finance at WHUOtto Beisheim School of Management, Germany. He was a visiting scholar at Kellogg School of Management at Northwestern University, USA.
Arnd Huchzermeier (Wharton Ph.D. 1991) is Chair of Production Management at WHUOtto Beisheim School of Management, Germany. He co-directs the INSEAD-WHU Industrial Excellence Award.

Contenu
Introduction to Operations-finance Interface.- Capital Structure and Financial Risk Management.- Supply Chain Risk Management.- Integrated Risk Management in Multinational Corporations.- Integrated Risk Management with Capacity Reshoring.- Supply Chain Finance.- Managing Supplier Financial Risk with Pre-shipment Finance Instruments.- Research Overview of Operations-finance Interface.