Financial Supply Chain

✍ Scribed by Sanjay Dalmia

• Publisher: McGraw-Hill Education / India
• Year: 2009
• Tongue: English
• Leaves: 236
• Category: Library

✦ Synopsis

Commercial transactions result in exchange of goods. The reconciliation, however, takes place through transfer of money between the banks of buyer and seller. This process creates delays and leads to sub-optimization of the supply chain network. By integrating physical with the financial supply chain, enormous operational and working capital efficiencies would be generated. The book defines the concept of financial supply chain on the basis of existing practices and changes that are taking place at banks and businesses. There is an account of leading players and cases from real-life that illustrates the opportunities and benefits of financial supply chain services. The book also serves as a guide to banks and corporates to create services under the umbrella of financial supply chain. Finally, as money is closely linked to obligations and law - the book outlines the legal framework surrounding such offering from banks.

✦ Table of Contents

Cover
Contents
Chapter 1 Introduction
Background
Introduction to Financial Supply Chain
Historical Developments in Money and Banking
Traditional Trade Business in Banks
Standardization and Progress in Trade Services
Conclusion
Chapter 2 The Revolutionary Changes
Inrotduction
Changing Nature of Trade
Transformation of the Physical Suppply chain
Automation within and amongst Corporates
Evolving Financial Services
Chapter 3 e-Financial Supply chain-Banks Perspecitve
What is at Stake for the Banks?
Service Positioning of Banks
Challenges Faced by the Banks
The Way Ahead
Chapter 4 Early Players in the e-Financial Supply Chain
Introduction
Players in the e-Financial Supply chain-Collaborative Space
Other Collaborative Organizations for Standards
Benefits of Collaborative Standards
Players in the e-financial Supply chaing--Competitive Space
Summary-Service Positioning of Vendors
Players in e-Financial Supply Chaing--Banks
Players in e-Financial Supply Chaing--Others
Conclusion
Chapter 5 Case Studies on e-Financial Supply Chain
Introduction
Benefits of the New Financial Supply Chain Services
Services-Introduction
Case 1: Advance Payments of Oyster Petroleum Dealers
Case 2: Payments Guarantee for Orion Plastics
Case 3: Dealer Acceptance of FMCG Co.
Case 4: Delivery Orders for Warehouse Delivery
Case 5: Invoice Presentment, Payment and Reconciliation
Case 6: Collections for a Housing Finance society
Case 7: e-Payments Exchange
Finance-An Introduction
Case 8: Dealer Finance to Support Sales
Case 9: Vendor Finance for Procurement Support
Case 10: Dealer Pre-Payments
Case 11: Dealer Finance-Insured
Case 12: Pre-Shipment Vendor finance to Support Procurement
Cases of Business Process Outsourcing to Banks
What Differentiates e-Financial Supply Chain
Conclusion
Chapter 6 Legal Aspects of e-Financial Supply Chain
Background
Contract Act
Electronic Evidence
Security Issue Relate to e-Commerce
Electronic Commerce Law
Negotiable Instruments Act
Other Related Laws
Law of Jurisdiction
Challenges on Adoption of Laws Relating to Electronic Commerce
Legal Cases ib Cyber Crimes
Case 1: Cleveland, Ohio Man Sentenced to Prison for Bank fraud and Conspiracy
Case 2: Shadowcrew Organiszation -'One-Stop [Online Marketplace for Identity Theft'
Exhibit 1 Recollections of Pine Gulch, 1840-1890, taken from the Memoirs of Gus Mahler
Exhibit 2 History and Importance of Banking
Exhibit 3 Elements of Physical Supply Chain
Exhibit 4 Admissibility of Electronic Records in Courts as in Indian Law
Exhibit 5 UNIFI-ISO 90022-Sample Message Flows Customer Credit Transfer Initiation
Exhibit 6 UNIFI-ISO-20022-Sample Message Definition Sample Message: Customer Credit Transfer Initiation
Exhibit 7 UNCITRAL-Model Law on Electronic Commerce
Exhibit 8 Countries that have Legislations Adopting Provision of Model Law on electronic Commerce
Exhibit 9 Strucutre and Key Conditions of UCP 500, URC and ISP98
Exhibit 10 Key Considerations of e-UCP
Exhibit 11 Table of Content-Obtaining electrnic Evidence in Criminal Investiations
Reference
Index