July 2, 2013
In a globalising economy, industrial value chains become more complex. While goods flows in the chain are increasingly integrated and optimised, information and financial flows have been fragmented. With respect to post-shipment financing, Supply Chain Finance (SCF) applications such as reverse factoring have shown that a collaborative approach can create significant value for corporations and SMEs alike. This research project examines new SCF models and tools that extend the collaborative approach to the realm of pre-shipment financing. These new models all involve the financing of transactions that are inherently more risky than the ones now addressed by reverse factoring, but where the potential gains are even greater. These applications will allow firms to facilitate capital flows and manage the associated risks, thereby generating value and enhancing the durability of their supply chains.
The project, with a total budget of 2 million euros, is co-funded by Dinalog, ASML, DHL, Heineken, and Philips.