Findings of the study explain that both SCM and working of financial institutions are highly linked to each other. In short, SCM is a meaningful tool for the banking firms or the organizational performance and various departmental heads are very much aware to SCM practices for the greater banking performance.

Do banks have a supply chain?

Retail banks have traditionally focused on sourcing activities within a region or line of business. However, few banks have successfully implemented enterprise-wide supply and demand management strategies. As a result, few banks have realized the full potential cost savings available through strategic sourcing.

What is supply chain management in bank?

About Supply Chain Management

Our end-to-end e-commerce solutions automate collections from dealers and payments to suppliers, leading to greater operational efficiency and reduced costs. You can integrate these solutions on your website or use the HDFC Bank Enet platform to enable this.