Collaborative Finance

Supply chain management is a disciplined blend of time-based practices and technologies that support users to design, plan, source, make, deliver, service and return goods, information and funds relative to products and services delivered to end-users in the global market. There are two kinds of barriers that separate the supply chain world from the financial world that need to be knocked down to achieve greater results; the internal and the external barrier. The reason for an internal barrier is that investors are looking at how a company generates value, especially in terms of sustainable and growing profit. Financial representatives of a company speak the language of balance sheets, income statement, cash flows, and working capital. The supply chain manager who has learned, and is capable of communicating to their corporate financial-function colleagues, the knowledge of the interrelations between supply chain flows with financial flows is well positioned to increase the role of the supply chain function within the organization.