In the field of working capital financing, Supply Chain Finance (SCF) is a novel win-win situation for the buyer, supplier and the banker. SCF has given a new face to the working capital financing. Presently, the business climate of our country is under constant competitive pressure. All forms of businesses are constantly endeavoring to reduce costs in order to expand their business. The first important step in such cost cutting is to reduce the cost of finance.

In today’s world of business, terminologies like supply chain and supply chain management have become popular. The latest addition to the business lingo is Supply Chain Finance (SCF).To stand firm in the global era, India requires creativity and innovation. Increasing competition on the global platforms has generated the need for novelties in the various fields of marketing, Human Resources (HR) and financing solutions. SCF is a product of corporate innovation. What is Supply Chain Finance? Standard Chartered Bank was the first to launch SCF in Tanzania.

It is a customized product for corporates to fund each step in the process of order, manufacturing, inventory goods in transit to invoice. From coon’s age banks have been using traditional financing techniques. Trade, today, has shown a paradigm shift from traditional working capital financing to Supply Chain Financing. SCF Arrangement SCF is a process which involves financing the supplier, buyer and large manufacturing unit right from the supplier to the distribution level in the supply chain. The product deals with financing the buyer, supplier distribution unit, corporate house. It is an umbrella which covers the financial product to finance the entire supply chain.

SCF is a process which involves financing the supplier, buyer and large manufacturing unit right from the supplier to the distribution level in the supply chain. The product deals with financing the buyer, supplier distribution unit, corporate house. It is an umbrella which covers the financial product to finance the entire supply chain.

Professional Banker Magazine , Supply Chain Finance, SCF, Working Capital Financing, Supply Chain Management, Human Resources, Multi Branch Banking, Corporate Strategy, Standard Chartered Bank, Structured Financial Messaging System, SFMS.