A4 Conference proceedings

Reducing and Reinvesting Working Capital in Business Ecosystems


Open Access publication

Publication Details
Authors: Rissanen Matti, Pirttilä Miia, Lind Lotta, Kärri Timo
Publication year: 2020
Language: English
Related Journal or Series Information: Lecture Notes in Mechanical Engineering
Title of parent publication: Engineering Assets and Public Infrastructures in the Age of Digitalization. Proceedings of the 13th World Congress on Engineering Asset Management.
Start page: 192
End page: 199
Number of pages: 8
ISBN: 978-3-030-48020-2
eISBN: 978-3-030-48021-9
ISSN: 2195-4356
eISSN: 2195-4364
JUFO-Level of this publication: 1
Open Access: Open Access publication
Location of the parallel saved publication: http://urn.fi/URN:NBN:fi-fe2020081860994

Abstract
Issues related to supply chain finance, also known as supplier finance or reverse factoring, have been in focus of both academics and practitioners after the finan-cial crisis. In the broadest perspective of supply chain finance, it concerns all sup-ply chain objects: the flow of goods, information and finance; processes; current and fixed assets; and personnel involved in the supply chain. This way, supply chain finance connects with the assets management of business ecosystems. The focus of schemes in this area is to support the working capital management of the key suppliers of the buyer. The schemes are implemented between the tier 1 sup-plier and the buyer. In this paper, we study working capital management in an in-formation and communications technology business ecosystem producing desk-top computers, spreading the study from the focal actor to the component suppli-ers in the furthest tier. We show the potential that exists to release capital from operational issues to more profitable purposes.

Last updated on 2020-18-08 at 14:17