Collaborative Working Capital Optimization Model: Case Study of Russian Supply Chains

Abstract

Financial supply chain management and working capital management are increasingly recognized as important means to increase profitability in a supply chain. The physical product flow has long been addressed by researchers and practitioners. However, now companies have identified the financial side of the supply chain as a promising area for improvements. In our study we focus on improving the existing working capital management model not only by introducing holistic collaborative supply chain perspective to it, but also by optimizing it in terms of total financial costs.