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© 2018

Supply Chain Finance and Blockchain Technology

The Case of Reverse Securitisation

  • Provides a compact, and incipient, introduction to Blockchain Technology and its applications in Supply Chain Finance.

  • Introduces the new concept of reverse securitisation.

  • Provides use-cases for application of Blockchain Technology in Supply Chain Finance.

Book

Part of the SpringerBriefs in Finance book series (BRIEFSFINANCE)

Table of contents

  1. Front Matter
    Pages i-viii
  2. Erik Hofmann, Urs Magnus Strewe, Nicola Bosia
    Pages 1-6
  3. Erik Hofmann, Urs Magnus Strewe, Nicola Bosia
    Pages 7-23
  4. Erik Hofmann, Urs Magnus Strewe, Nicola Bosia
    Pages 25-34
  5. Erik Hofmann, Urs Magnus Strewe, Nicola Bosia
    Pages 35-49
  6. Erik Hofmann, Urs Magnus Strewe, Nicola Bosia
    Pages 51-75
  7. Erik Hofmann, Urs Magnus Strewe, Nicola Bosia
    Pages 89-91

About this book

Introduction

This book investigates how the Blockchain Technology (BCT) for Supply Chain Finance (SCF) programs allows businesses to come together in partnerships and accelerate cash flows throughout the supply chain. BCT promises to change the way individuals and corporations exchange value and information over the Internet, and is perfectly positioned to enable new levels of collaboration among the supply chain actors.

The book reveals new opportunities stemming from the application of BCT to SCF financing solutions, particularly reverse factoring – or approved payables financing. To do so, it first identifies the principal barriers and pain points in delivering financing solutions. Then, a possible blockchain-driven supply chain model is defined.

Using this framework, the book subsequently discusses relevant use cases for the technology, which could open up new opportunities in the SCF space. It demonstrates that blockchain and distributed ledgers technologies could deliver substantial benefits for all parties involved in SCF transactions, promising to expedite the processes and lower the overall costs of financing programs.

Industry giants such as IBM, Maersk, China-based Dianrong and FnConn (a Foxconn subsidiary) are currently working to digitize the global, cross-border supply chain using blockchain technology, and will likely soon create blockchain platforms for supply chain finance. These solutions aim to reduce complexity and make data sharing more secure, accurate and efficient. This book offers a highly topical resource for stakeholders across the entire supply chain, helping them prepare for the upcoming technological revolution.

Keywords

Supply chain finance solutions Supply chain financing Financial innovations in supply chain Reverse securitisation in supply chain Buyer-led-approved payables securitisation Blockchain for supply chain Platform-driven reverse securitisation model Peer-to-peer value exchange system Smart contracts Blockchain-driven supply chain finance Blockchain-driven reverse securitisation Money flow management

Authors and affiliations

  1. 1.University of St. GallenSt. GallenSwitzerland
  2. 2.CRX Markets AGMunichGermany
  3. 3.University of St. GallenSt. GallenSwitzerland

About the authors

Erik Hofmann (Dr. rer. pol., University of Technology, Darmstadt, Germany) is Director of the Chair of Logistics Management as well as a Senior Lecturer at the University of St.Gallen, Switzerland. He is also the Head of the Supply Chain Finance-Lab (SCF-Lab) of the Swiss Post. His primary research focuses on supply management as well as the intersections of operations management and finance issues. He has published in several operations management journals, and is co-author of several bestselling Springer books like “Supply Chain Finance Solutions”, “Ways Out of the Working Capital Trap”, “Performance Measurement and Incentive Systems in Purchasing”, and “Financing the End-to-End Supply Chain” (Kogan Page).

Urs Magnus Strewe (lic. oec. HSG, University of St. Gallen) is serial entrepreneur and an expert for implementing technology-driven business models for banks and financial service providers. As the Chief Operating Officer (COO) of CRX Markets, he was in charge to build the service offering of the company which is an independent marketplace for supply chain financing solutions.

Nicola Bosia holds a Bachelor of Arts degree in management from the University of Lausanne (HEC), and a Master of Arts in accounting and finance from the University of St. Gallen (HSG).

Bibliographic information

  • Book Title Supply Chain Finance and Blockchain Technology
  • Book Subtitle The Case of Reverse Securitisation
  • Authors Erik Hofmann
    Urs Magnus Strewe
    Nicola Bosia
  • Series Title SpringerBriefs in Finance
  • Series Abbreviated Title SpringerBriefs Finance
  • DOI https://doi.org/10.1007/978-3-319-62371-9
  • Copyright Information The Author(s) 2018
  • Publisher Name Springer, Cham
  • eBook Packages Business and Management Business and Management (R0)
  • Softcover ISBN 978-3-319-62370-2
  • eBook ISBN 978-3-319-62371-9
  • Series ISSN 2193-1720
  • Series E-ISSN 2193-1739
  • Edition Number 1
  • Number of Pages VIII, 91
  • Number of Illustrations 26 b/w illustrations, 0 illustrations in colour
  • Topics Supply Chain Management
    Financial Services
    Financial Engineering
  • Buy this book on publisher's site
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