Lionel Taylor and John Bugeja, founders of Trade Advisory Network, a specialist consulting firm in trade and supply chain finance (SCF), talk about the impact of digitisation on SCF.
The physical supply chain is the underlying driver of supply chain finance. The financial supply chain is a closely related parallel process. The two concepts are connected by the flow of data, referred to as the information supply chain. Full, end-to-end digitalisation requires that data arising from each event in the physical supply chain and each event in the financial supply chain be captured automatically and used to drive processes, actions and events.