Supply Chain Finance-Lab (SCF-Lab)

Type

applied research project

Start Date

October 1, 2013

End Date

December 2021

Status

completed

Keywords

Supply Chain Finance

Working Capital Management

Management der finanziellen Supply Chain

Shareholder Value Creation

Description

Das Supply Chain Finance-Lab der Schweizerischen Post hat die Erforschung des Working Capital Managements (WCM) zum Inhalt.

Das Thema "Working Capital Management" hat in den letzten Jahren stark an Bedeutung gewonnen und ist mittlerweile nicht mehr nur für grosse Unternehmen, sondern auch für Mittelständler von hoher Relevanz. Insbesondere ein erhöhter Liquiditätsbedarf durch Wachstum, z.B. zu Beginn eines konjunkturellen Aufschwungs, in Kombination mit einer restriktiven Kreditvergabe durch die Banken kann dabei zu Engpässen führen. Ausgehend von dieser unternehmensinternen Perspektive hat Supply Chain Financing die Forschung an der Schnittstelle zwischen Logistik und Finanzierung zum Ziel.

Die vier Aufgabenbereiche des SCF-Labs:

A - Applied Research: Der erste Aufgabenbereich dient der Neu- und Weiterentwicklung von Tools, Methoden und Konzepten im Bereich "Supply Chain Financing".

B - Benchmarks: Im zweiten Aufgabenbereich führt das SCF-Lab eine Performance Excellence-Studie zum Working Capital Management durch. Ferner sollen Good-Practices aus Industrie und Handel sowie Dienstleistung identifiziert, katalogisiert und dokumentiert werden.

C - Consulting & Trainings: Der dritte Aufgabenbereich umfasst forschungsnahe Beratungsleistungen im Feld des Working Capital Managements. Weiterhin wird ein umfassendes Schulungsangebot aufgebaut.

D - Dissemination & Communication: Der vierte Aufgabenbereich hat den Know-how-Transfer von der Wissenschaft in die Praxis zum Inhalt. Die gewonnenen Erkenntnisse sollen einem möglichst breiten Publikum zugängig gemacht werden. Das SCF-Lab soll hierzu als Plattform für Supply Chain Financing-Themen in Wissenschaft und Praxis etabliert werden.

Leader contributor(s)

Hofmann, Erik

Member contributor(s)

Martin, Judith

Wetzel, Philipp

Klein, Calvin

Funder

External Financing

Topic(s)

Management des Netto-Umlaufvermögens

Method(s)

Konzeptionelle Forschung

Benchmarking-Studien

Case Study Research

Range

Institute/School

Range (De)

Institut/School

Principal

Schweizerische Post/PostFinance

Division(s)

ISCM - Institute of S...

Eprints ID

237395

Funding’s publication

Now showing 1 - 10 of 30

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Procurement Managers Must Adopt Supply Chain Finance as a Standard Practice [Interview]
(2021-04-11)
Hofmann, Erik
Supply chain finance (SCF) is an important lever for managing a company’s working capital requirements. It also ensures the suppliers are paid on or before time. An effective working capital management system aims to increase the accounts payable period (DPO) while reducing the accounts receivable period (DSO) and inventory retention time (DIH). A key metric in working capital management is the “cash conversion cycle”. Procurement teams are essential in managing the payment terms and inbound inventories with suppliers. A very common SCF instrument is reverse factoring, a method by which companies pay their suppliers without using their own working capital. Financial institutions -- ranging from traditional banks to fintechs -- enable this trade funding activity by acting as the intermediary between Procurement Organizations and Suppliers. The demand for SCF spiked due to the ongoing COVID-19 pandemic as companies across the globe sought to improve liquidity -- while industry experts have raised concerns over aggressive funding practices. Naturally, the question arose as to whether the procurement function should generally be concerned about the recent collapse of a high-profile SCF intermediary, Greensill Capital. Beroe posed this question to Erik Hofmann, Professor and Director, Institute of Supply Chain Management, University of St.Gallen, Switzerland. Erik is a supply chain specialist and has written several books on Operations Management and SCF.
Type:digital resource
Journal:Beroe - Advantage Procurement
URL:https://www.beroeinc.com/blog/interview-procurement-managers-adopt-supply-shain-finance-standard-practice/
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/110490
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Working Capital Management Studie 2021 – Auf der Suche nach dem neuen Normal
(2021-10-27)
Hofmann, Erik
;
Klein, Calvin
Type:book
Volume:8. Auflage
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/109793
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Working Capital Management Study 2021 – In search of the new normal
(2021-10-27)
Hofmann, Erik
;
Klein, Calvin
“What is normal in times like these?” This question hasn’t just concerned the general public during the COVID-19 crisis. Coronavirus-related effects have also been a big issue for finance and supply chain managers in managing their working capital. The range of challenges facing Swiss companies – both now and in the future – in relation to working capital management (WCM) are quite manifold. While some companies faced liquidity bottlenecks that jeopardized their future, others met unprecedented demand by using partially modified business models, where funding also poses challenges for managers. This requires the management of working capital to be versatile and adaptable. The eighth edition of the WCM Study focuses on this need for realignment. It provides answers to the following questions: How has the management of payables and receivables changed during the COVID-19 crisis in retrospect? What is the current liquidity situation in Swiss companies? And what future trends and developments are expected in WCM? The tendencies identified regarding the future structure of WCM provide an indication of the new normal and serve as a source of inspiration for finance and supply chain managers.
Type:book
Volume:8th edition
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/109794
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Supply-Chain-Finance: "Die Vorhänge sind gefallen" (Interview)
(Schwabe, Ley & Greiner, 2021-10)
Hofmann, Erik
Type:newspaper article
Journal:TreasuryLog
Volume:28
Issue:4
URL:https://www.slg.co.at/publikationen
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/109854
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Financing the end-to-end-supply chain: A reference guide to supply chain finance
(Kogan Page, 2020-08-13)
Templar, Simon
;
Hofmann, Erik
;
Findlay, Charles
Financing the End-to-End Supply Chain provides readers with a comprehensive understanding of the financial synergies across the supply chain. It demonstrates the importance of the strategic relationship between the physical supply of goods and services and the associated financial flows. The book provides a clear introduction, demonstrating the importance of the strategic relationship between supply chain and financial communities within an organization. This book links together treasury, banking, supply chain, systems, IT, and key stakeholders. Financing the End-to-End Supply Chain will help senior supply chain practitioners to build collaboration, improve relationships and enhance trust between supply chain partners. With its combination of theory and practice it tackles vital issues including physical, information and financial flows, and tailoring supply chain finance to individual organisations' circumstances. Recognizing that supply chain finance means different things in different countries, the authors also consider various initiatives to harmonize and develop cross-border financing as well as including an agenda for national and international policy makers. The new edition features interviews from SCF platform providers on how ecosystems are involved in supply chain finance, additional learning activities for students and new examples on working capital management.
Type:book
Volume:2nd edition
URL:https://www.koganpage.com/product/financing-the-end-to-end-supply-chain-9781789663488
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/111878
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Supply Chain Financing and Pandemic: Managing Cash Flows to Keep Firms and Their Value Networks Healthy
(Rutgers Business School, 2021-04-09)
Hofmann, Erik
;
Templar, Simon
;
Rogers, Dale S.
;
Choi, Thomas Y.
;
Leuschner, Rudi
The COVID-19 crisis has interrupted firms and their value networks. The lockdown measures taken by governments around the globe have triggered a massive supply and demand shock. The ensuing crisis has created economic chaos that resulted in massive business disruptions for companies, their customers, their suppliers and their affiliated service providers (banks and logistics providers). Firms are turning to supply chain financing solutions to stabilize liquidity and their net working capital to maintain solvency and ensure continuity of supply through their supply chains. This paper discloses several different types of supply chain financing solutions and how these can impact firms and their value creation partners struggling through the uncertain business environment caused by a global pandemic.
Type:journal article
Journal:Rutgers Business Review
Volume:6
Issue:1
URL:https://rbr.business.rutgers.edu/article/supply-chain-financing-and-pandemic-managing-cash-flows-keep-firms-and-their-value-networks
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/110494
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Wenn das Vertrauen fehlt: Die unterschätzte Gefahr einer Klemme bei Lieferantenkrediten
(Universität St.Gallen, 2020-04-09)
Hofmann, Erik
;
Braun, Alexander
;
Volk, Jörn
;
Favre, Pierre
Type:discussion paper
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/112231
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Fall Greensill: Verhaltenskodex für globale Branche gefordert - Professor Erik Hofmann will mehr Transparenz bei der Lieferkettenfinanzierung [Interview]
(Neue Zürcher Zeitung, 2021-03-05)
Hofmann, Erik
Type:newspaper article
Journal:Neue Zürcher Zeitung NZZ
Volume:242
Issue:53
URL:https://www.nzz.ch/wirtschaft/der-fall-greensill-ereignet-sich-zur-unzeit-ld.1605081?reduced=true
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/110593
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Working Capital Management Study 2018 - Supply Chain Finance Introduction
(2018-08-28)
Hofmann, Erik
;
Wetzel, Philipp
Type:book
Volume:5. Auflage
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/100126
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Working Capital Management Studie 2019 - Supply Chain Finance Fortführung
(2019-09-18)
Hofmann, Erik
;
Wetzel, Philipp
Type:book
Volume:6. Auflage
URI:https://www.alexandria.unisg.ch/handle/20.500.14171/98208

Supply Chain Finance-Lab (SCF-Lab)

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