This week’s topics
Logistics Financial Relationships
- Shipper-carrier commercial structures
- Trade credit and extended payment terms
- Supply chain financing solutions
- Third-party logistics billing models
- Trade Finance vs Supply Chain Finance
- Supply Chain Management as a Partner with Finance
- Methods of Payment in International Trade for Export & Import (2020)
What you will be able to do
- 4.1 Explain key financial relationships for a logistics business.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain key financial relationships for a logistics business.
Study materials
Videos
- Trade Finance vs Supply Chain Finance · YouTube · Vanijja | Trade Insights · 6 min · for registered students
- Supply Chain Management as a Partner with Finance · YouTube · MIT Center for Transportation & Logistics · 53 min · for registered students
- Methods of Payment in International Trade for Export & Import (2020) · YouTube · Tradelinks Resources · 7 min · for registered students
Further resources
- Principles of Finance 2e, ch. 19: The Importance of Trade Credit and Working Capital in Planning · PDF · OpenStax, textbook chapter; pp. 567–598 · for registered students
- MIT OCW ESD.260J Logistics Systems (Fall 2006), Supply chain contracts · PDF · MIT OpenCourseWare, slides · for registered students
- MIT OCW ESD.260J Logistics Systems (Fall 2006), Transportation IV: shipper perspective · PDF · MIT OpenCourseWare, slides · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.