Access the full text.
Sign up today, get DeepDyve free for 14 days.
J. Liebl, E. Hartmann, Edda Feisel (2016)
Reverse factoring in the supply chain: objectives, antecedents and implementation barriersInternational Journal of Physical Distribution & Logistics Management, 46
Carlo Meijer, M. Bruijn (2014)
Cross-border supply-chain finance: An important offering in transaction banking
F. Mathis, J. Cavinato (2010)
Financing the global supply chain: growing need for management actionThunderbird International Business Review, 52
Jean Lamoureux, Todd Evans (2011)
Supply Chain Finance: A New Means to Support the Competitiveness and Resilience of Global Value ChainsInternational Trade eJournal
Scott Pezza (2011)
Supply chain finance
Zhiqiang Wang, Qiang Wang, Y. Lai, C. Liang (2020)
Drivers and outcomes of supply chain finance adoption: An empirical investigation in ChinaInternational Journal of Production Economics, 220
Hugo Lam, Y. Zhan, Minhao Zhang, Yichuan Wang, A. Lyons (2019)
The effect of supply chain finance initiatives on the market value of service providersInternational Journal of Production Economics
Judith Martin, Erik Hofmann (2019)
Towards a framework for supply chain finance for the supply sideJournal of Purchasing and Supply Management
Xiangfeng Chen, G. Cai (2011)
Joint Logistics and Financial Services by a 3PL FirmFEN: Other International Corporate Finance (Topic)
Cristof Bals (2019)
Toward a supply chain finance (SCF) ecosystem – Proposing a framework and agenda for future researchJournal of Purchasing and Supply Management
Harri Lorentz, Tomi Solakivi, Juuso Töyli, L. Ojala (2016)
Trade credit dynamics during the phases of the business cycle – a value chain perspectiveSupply Chain Management, 21
Matthias Wandfluh, Erik Hofmann, P. Schoensleben (2016)
Financing buyer–supplier dyads: an empirical analysis on financial collaboration in the supply chainInternational Journal of Logistics Research and Applications, 19
K. Soufani, P. Poutziouris, N. Michaelas (2013)
Trade credits: the case of small-medium sized enterprisesGlobal Business and Economics Review, 15
G. Kovács, K. Spens (2005)
Abductive reasoning in logistics researchInternational Journal of Physical Distribution & Logistics Management, 35
Zhilan Song, Hua-Ye Huang, Wenxue Ran, Sen Liu (2016)
A Study on the Pricing Model for 3PL of Inventory FinancingDiscrete Dynamics in Nature and Society, 2016
Erik Hofmann, H. Kotzab (2010)
A SUPPLY CHAIN‐ORIENTED APPROACH OF WORKING CAPITAL MANAGEMENTJournal of Business Logistics, 31
L. Gelsomino, R. Mangiaracina, A. Perego, A. Tumino (2016)
Supply chain finance: a literature reviewInternational Journal of Physical Distribution & Logistics Management, 46
K. Eisenhardt (1989)
Building theories from case study researchSTUDI ORGANIZZATIVI
Erik Hofmann (2009)
Inventory financing in supply chains: A logistics service provider‐approachInternational Journal of Physical Distribution & Logistics Management, 39
David Wuttke, C. Blome, M. Henke (2013)
Focusing the financial flow of supply chains: An empirical investigation of financial supply chain managementInternational Journal of Production Economics, 145
D. Seifert, Ralf Seifert, Margarita Protopappa-Sieke (2013)
A review of trade credit literature: Opportunities for research in operationsEur. J. Oper. Res., 231
Judith Martin, Erik Hofmann (2017)
Involving financial service providers in supply chain finance practices: Company needs and service requirementsJournal of Applied Accounting Research, 18
S. Chakuu, D. Masi, J. Godsell (2018)
A systematic literature review on supply chain finance actors, instruments and processesDEStech Transactions on Engineering and Technology Research
Arqum Mateen, D. More (2013)
Applying TOC thinking process tools in managing challenges of supply chain finance: a case studyInternational Journal of Services and Operations Management, 15
Xin Xu, Xiangfeng Chen, F. Jia, Steve Brown, Yu Gong, Yifan Xu (2018)
Supply chain finance: A systematic literature review and bibliometric analysisInternational Journal of Production Economics
J. Buzacott, Rachel Zhang (2004)
Inventory Management with Asset-Based FinancingManag. Sci., 50
Alexandra Moritz, Joern Block, A. Heinz (2015)
Financing patterns of European SMEs – an empirical taxonomyVenture Capital, 18
A. Moretto, Laura Grassi, F. Caniato, M. Giorgino, S. Ronchi (2019)
Supply chain finance: From traditional to supply chain credit ratingJournal of Purchasing and Supply Management
C. O’Toole, M. Lawless, Derek Lambert (2015)
Non-Bank Financing in Ireland: A Comparative PerspectiveEconomic and Social Review, 46
M. Hill, G. Kelly, G. Lockhart (2013)
Downstream Value of Upstream FinanceS&P Global Market Intelligence Research Paper Series
Nina Yan, Baowen Sun, Hui Zhang, Chongqing Liu (2016)
A partial credit guarantee contract in a capital-constrained supply chain: Financing equilibrium and coordinating strategyInternational Journal of Production Economics, 173
Jocelyn Evans, T. Koch (2007)
Surviving chapter 11: Why small firms prefer supplier financingJournal of Economics and Finance, 31
F. Jia, C. Blome, Hui Sun, Yang Yang, Bangdong Zhi (2019)
Towards an integrated conceptual framework of supply chain finance: An information processing perspectiveInternational Journal of Production Economics
H. Pfohl, Moritz Gomm (2009)
Supply chain finance: optimizing financial flows in supply chainsLogistics Research, 1
Weiguo Cao, Yong Zhang (2012)
Study on the Advance Payment Rate of Advance-Payment Collection Business Based on Logistics FinancialCreative Education, 03
U. Iacono, Mj Reindorp, N. Dellaert (2015)
Market adoption of reverse factoringInternational Journal of Physical Distribution & Logistics Management, 45
Xiaohong Liu, Liguo Zhou, Y. Wu (2015)
Supply Chain Finance in China: Business Innovation and Theory DevelopmentSustainability, 7
D. More, Preetam Basu (2013)
Challenges of supply chain finance: A detailed study and a hierarchical model based on the experiences of an Indian firmBus. Process. Manag. J., 19
Chee Ng, Janet Smith, Richard Smith (1999)
Evidence on the Determinants of Credit Terms Used in Interfirm TradeJournal of Finance, 54
S. Chakuu, D. Masi, J. Godsell (2019)
Exploring the relationship between mechanisms, actors and instruments in supply chain finance: A systematic literature reviewInternational Journal of Production Economics
SSRN Electronic Journal
Yixue Li, Shouyang Wang, G. Feng, K. Lai (2011)
Comparative analysis of risk control in logistics and supply chain finance under different pledge fashionsInternational Journal of Revenue Management, 5
Jieping Liu (2015)
Supply Chain Finance Business Risk Evaluation Scheme Based on Fuzzy Theory2015 International Conference on Intelligent Transportation, Big Data and Smart City
V. Popa (2013)
The Financial Supply Chain Management: a New Solution for Supply Chain ResilienceThe AMFITEATRU ECONOMIC journal, 15
Pedro García‐Teruel, P. Martínez‐Solano (2010)
Determinants of trade credit: A comparative study of European SMEsInternational Small Business Journal, 28
Greet Asselbergh (2002)
Financing firms with restricted access to financial markets: the use of trade credit and factoring in BelgiumThe European Journal of Finance, 8
Erik Hofmann (2005)
Supply Chain Finance: some conceptual insights
David Wuttke, C. Blome, H. Heese, Margarita Protopappa-Sieke (2016)
Supply chain finance: Optimal introduction and adoption decisionsInternational Journal of Production Economics, 178
F. Caniato, L. Gelsomino, A. Perego, S. Ronchi (2016)
Does finance solve the supply chain financing problemSupply Chain Management, 21
Preetam Basu, Suresh Nair (2012)
Supply Chain Finance enabled early pay: unlocking trapped value in B2B logisticsInternational Journal of Logistics Systems and Management, 12
This paper explores the conditions in which logistics service providers (LSPs) can compete or collaborate with banks in offering inventory financing as a supply chain finance (SCF) service.Design/methodology/approachA multiple case study research methodology was adopted. The case study involved six LSPs across Europe. Data were collected through semi-structured interviews.FindingsThe results highlighted that an attractive credit demand for LSPs consists in suppliers with high amounts of inventory or borrowing needs that go beyond their borrowing capacity from the perspective of a bank. LSPs can respond to this demand when they have three specific capabilities as follows: risk assessment, risk monitoring and organizational capabilities. The offer of inventory financing can be controlled by the LSPs or by the banks. When the LSPs control the offer, they offer different conditions compared to the banks in terms of credit rationing, transaction costs, payment flexibility, tax rate advantage and financial risk management. When the banks control the offer, the LSPs influence the nature of the SCF services only in terms of credit rationing and transaction costs. The LSPs seem to easily develop risk assessment and risk mitigation capabilities, while the organisational capabilities appear to be the most challenging to build, and when absent they create a barrier to the provision of inventory financing.Originality/valueThe value of the paper is twofold. First, the paper provides a comprehensive taxonomy of the factors conditioning the role of the LSPs in the provision of inventory financing as a SCF service. Second, the paper clarifies the link between the factors and the different roles played by the LSPs.
International Journal of Operations & Production Management – Emerald Publishing
Published: Nov 20, 2020
Keywords: Supply chain finance; Inventory finance; Logistics service providers; Multiple case study
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.