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The Organization's Supply Chain and Its Financial Chain

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1. What is the relationship between the organization's supply chain and its financial supply chain?

2. How does the supply chain differ from the value chain?

3. What do we mean by "supply chain management" and is this concept relevant to the financial supply chain? What is the set of relationships here? How do the relationships impact ERP design, implementation and management?

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The solution discusses the relationship between the organization's supply chain and its financial supply chain.

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What is the relationship between the organization's supply chain and its financial supply chain
1. What is the relationship between the organization's supply chain and its financial supply chain?
The supply chain is all components involved in moving a product from raw material to a finished product in the customer's hands. This would involve organizations, people, technology, activities, information and resources.
The financial supply chain represents all components of the involved in the flow of financial information and money from order placement to receipt of payment for a product or service.
Therefore, the ...

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