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Article
Publication date: 7 March 2013

Ian D. Blackman, Christopher P. Holland and Timothy Westcott

The purpose of this paper is to define and explore the concept of financial supply chain strategy in a global business environment. The paper aims to illustrate the concepts with…

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Abstract

Purpose

The purpose of this paper is to define and explore the concept of financial supply chain strategy in a global business environment. The paper aims to illustrate the concepts with a detailed case study of Motorola's global financial supply chain.

Design/methodology/approach

This is a detailed, longitudinal case study analysis of a focal organisation and its economic partners in a financial supply chain. The case study combines qualitative analysis of the strategy evolution with extensive time‐series data and quantitative analyses of the performance of the financial supply chain.

Findings

The financial supply chain is an integral component of Motorola's overall supply chain management strategy. Physical product, information systems and financial flows are closely aligned with each other throughout the supply chain incorporating Motorola, its customers, suppliers and banks. The overall trend is towards the development of an integrated global financial supply chain in which cash flows mirror product flows. Motorola shares financial data with its suppliers as part of a cooperative strategy that generates cost savings for Motorola and its suppliers in areas such as foreign exchange and cash balances. The cooperative strategy also improves the quality of the payments process measured by six sigma techniques and produces strategic benefits such as risk reduction for the supply chain as a whole in areas such as foreign exchange and payments. A strategy of this type is only possible by taking a global perspective of the financial supply chain.

Research limitations/implications

The development of financial supply chains has not been fully addressed in the supply chain management literature. This paper defines this relatively new topic area and explains its significance in its own right, and also in terms of the inter‐relationships between finance and manufacturing supply chains. A research agenda for financial supply chains is proposed that describes a range of new research opportunities in this area.

Practical implications

The development of integrated financial supply chains will lead to significant savings in terms of funding, banking and administrative costs associated with treasury and payment activities. The implementation and nature of the strategic change also highlight important strategic planning and implementation issues associated with financial supply chains.

Originality/value

The strategic importance of financial supply chains for business and academic researchers is demonstrated through the definition of this topic and the application of a research framework to a detailed study of Motorola's global financial supply chain using time‐series data of strategy evolution and financial supply chain performance. The research findings and comparison with theory support the assertion that this is a relatively new and unexplored problem area that is of direct relevance and interest to researchers in supply chain management.

Details

Supply Chain Management: An International Journal, vol. 18 no. 2
Type: Research Article
ISSN: 1359-8546

Keywords

Book part
Publication date: 7 September 2020

Hugues Seraphin

The phenomenon of overtourism and tourism phobia and their negative impacts are nothing new. However, over the summer of 2017, both phenomena became major issues as never before…

Abstract

The phenomenon of overtourism and tourism phobia and their negative impacts are nothing new. However, over the summer of 2017, both phenomena became major issues as never before for many European destinations like Spain and Italy. Those popular tourist destinations have proven not being able to cope with the massive influx of tourists coming their way. In a context of overtourism, locals and visitors are influencing each other using violence without authority due to a lack of positional power. Hence the reason it is believed that there is a security issue. The relationships between locals/locals and visitors/visitors have not been explored in depth in existing literature when discussing overtourism. Most research and publications in tourism and related fields are to address issues in the industry. Issues in the industry are therefore contributing to develop concrete knowledge in tourism education. On that basis, overtourism and related perverse impacts, which are the current main issues in the tourism industry, and a growing research area could therefore be said to contribute to knowledge creation in tourism.

Details

Tourism, Terrorism and Security
Type: Book
ISBN: 978-1-83867-905-7

Keywords

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