Financial supply chain

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. An account of leading players and cases from real-life illustrate 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.

1. Introduction 2. The Revolutionary Changes 3. e-Financial Supply Chain -- Banks Perspective 4. Early Players in the e-Financial Supply Chain 5. Case Studies on e-Financial Supply Chain 6. Legal Aspects of e-Financial Supply Chain 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 Provisions of Model Law on Electronic Commerce Exhibit 9: Structure and Key Conditions of UCP 500, URC 522 and ISP98 Exhibit 10: Key Considerations of e-UCP Exhibit 11: Obtaining Electronic Evidence in Criminal Investigations