This article is part of the result achieved through the Supply Chain Finance (SCF) study, which has the theme “Financial Integration in the Supply Chain.” SCF represents the combination of technological and financing alternatives that integrate buyers, suppliers and financial institutions with aims of making projects feasible, reducing fundraising costs and increasing the offer of working capital within the sphere of supply chains. The main factors that structure the SCF concept include the increasing need for working capital, associated with the maturation of the Supply Chain Management (SCM) concept – a business model that has generally been used to refer to the integration and coordination aspects of the company’s main processes and their interfaces, ranging from the supplier to the final client. The concept was introduced at organizations of a range of different sizes, indicated as the key element for explaining the advantages that some products and companies have over their direct competitors.
During the study, interviews were conducted with executives from 67 industrial and service companies belonging to 15 economic sectors, including: Agroindustrial, Food, Auto Industry, Electro-Electronics, Pharmaceutical, Hygiene and Cleaning, Machinery and Equipment, Paper and Pulp, Chemical, Steel and Metallurgy, Clothing and Textile, Agroindustrial Cooperatives, Distribution, Engineering and Equipment Leasing.
Over recent years, the concept of supply chain management has matured. This concept was previously characterized exclusively by the optimization of logistics functions, such as stock management, demand planning, transportation and storage. However, it can also contribute toward cost reduction given the opportunities for maximizing productivity and eliminating waste. This has a direct impact on the improvement of product and service quality, reliability and flexibility of the logistics processes, in addition to speeding up the operations.