Supply Chain Finance in India: Driving Growth and Business Transformation

Abstract

Supply chains are often understood to include and integrate the movement of goods, data, and money from one company to another. Supply chain management theory and practice as it pertains to the movement of materials and data has a long and fruitful history of study, with an ever-expanding list of topics to cover. However this area of study has received little attention, the management of monetary flows across the supply chain and their interplay is known as supply chain finance (SCF). The article's goal is to shed light on India's supply chain financing which is done with the help of various papers published in prestigious journals and data collected from various relevant websites. Companies in any sector may be able to leverage emerging trends and technological advancements to their advantage, the article suggests, opening up new avenues for growth and enhancing the effectiveness of their supply chain operations. Businesses striving to traverse the complexities of the modern supply chain will undoubtedly continue to rely on supply chain management (SCF) as it evolves further.