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SCM Deepak

1) Supply chain management involves coordinating materials, information, and finances as they move from suppliers to manufacturers to wholesalers to retailers and consumers. 2) It also involves coordinating flows within and among companies with the goal of reducing inventory while keeping products available. 3) Several of HDFC Bank's products provide financing to suppliers and dealers by discounting bills of exchange and invoices, with proceeds credited on the same day documents are submitted.

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154 views12 pages

SCM Deepak

1) Supply chain management involves coordinating materials, information, and finances as they move from suppliers to manufacturers to wholesalers to retailers and consumers. 2) It also involves coordinating flows within and among companies with the goal of reducing inventory while keeping products available. 3) Several of HDFC Bank's products provide financing to suppliers and dealers by discounting bills of exchange and invoices, with proceeds credited on the same day documents are submitted.

Uploaded by

sai500
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd
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supply chain management (SCM)


Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies. It is said that the ultimate goal of any effective supply chain management system is to reduce inventory (with the assumption that products are available when needed).

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Supply chain Management


Supply Chain Management is a product which is offered by Corporate Banking / ECG / FIG / Business Banking / Retail to its clientele for managing their Trade payments/receivables. These products are being offered to Suppliers/ Dealers of the Corporate Customers like Mahindra & Mahindra, TELCO, Shapoorji Paloonji, Asian Paints etc. In SCM discounting is done on providing accepted bill of exchange by drawer and drawee, or invoices, request letter, Lorry Receipt.

Supply chain Management


In SCM supplier bill / invoices / Dealer bill / invoice is discounted. Purchase bill / Service bills examples are Asian paints ltd. Service bill discounting examples are Ansa dego glass. Product with SB01, SB02, SB05, SB06 are supplier bill where customer is providing bill of exchange or invoices where drawee is our customer. Product with SB03 / SB04 / SB07 / SB08 are Dealer bill where customer is providing bill of exchange or invoices where drawer is our customer.

TB01 is specifically design only for Tata motors where in

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Supply chain Management


Suppliers Manufacturers Warehouses & Distribution Centers Customers

Transportation Costs Material Costs

Transportation Costs

Manufacturing Costs

Transportation Costs Inventory Costs

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Supply chain Management


Product features: Supplier Bill Disc / Invoice Disc Bills drawn by the supplier and accepted by the Corporate / ECG / FIG / Business Banking / Retail Customer are discounted and the proceeds are credited to the supplier on Day0. Corporate / ECG / FIG / Business Banking / Here Bill of Exchange has to be submitted for discounting. For Invoice Discounting, No Bill of Exchange is provided. Corporate / ECG / FIG / Business Banking / Retail Customers will provide an authenticated list of the Invoices eligible for discounting.

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Supply chain Management


Dealer Bill Disc / Invoice Disc Bills drawn by Corporate / ECG / FIG / Business Banking / Retail Customer and accepted by the Dealer are discounted and the proceeds are credited to the Corporate / ECG / FIG / Business Banking / Retail Customer on Day0. For Invoice Discounting, No Bill of Exchange is provided. Corporate / ECG / FIG / Business Banking / Retail Customers will provide an authenticated list of the Invoices eligible for discounting.

Supply chain Management


Process flow

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Customer submits document at counter, give acknowledgement with date and time stamp Scrutiny

If documents are found correct


Inward in Trade Stream and checklist stamp Raise the case to CPU Filling of documents

If documents are found incorrect


Inform customer / RM for rectification

Revised documents received

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Supply chain Management


SCM PRODUCTS
Product Code Product Description SB01 SB02 SB03 SB04 SB05 SB06 SB07 SB08 TB01 LN29 SCM - Supplier Bill Discounting SCM - Supplier Invoice Discounting SCM - Dealer Bill Discounting SCM - Dealer Invoice Discounting SCM - Supplier Bill Disc Arrear SCM - Supplier Invoice Disc Arrear SCM - Dealer Bill Disc Arrear SCM - Dealer Invoice Disc Arrear TELCO BILL DISCOUNTING LOAN FACTORING MONTHLY INTEREST MONTHLY INTEREST COLLECTION UPFRONT UPFRONT UPFRONT UPFRONT REAR REAR REAR REAR

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Supply chain Management


Following documents scrutiny done at branch :
Customer signature on request letter Important points to be checked on Bill of Exchange / Invoice. Amount in words and figures Invoice date should not be more than 90 days old. Waiver clause of notice of dishonor / presentment and protest by all parties concerned. The payee name should be HDFC bank only. Due date of bill of exchange and tenor should be cross checked. Bill of exchange number should present on Bill.

Supply chain Management


Declaration of drawer for not taking finance from other bank against invoice. Payment terms on invoice to be checked. Total of all invoices should match with Bill drawn against the same.

Supply chain Management


Documentation to be verified for Bill Discounting Covering Letter Bill of Exchange ( having all clauses ) Invoice ( Invoices should not be stale i.e. more than 90 days old) Confirmation about receipt of Goods received in good condition (GRGC).

The payee name should be HDFC bank only.


Declaration of drawer for not taking finance from other bank against invoice. Total of all invoices should match with Bill drawn against the same. Transport document ie LR / DC etc Any other documents as mentioned in CAM or approved by Business / Credit & Mkt risk List of approved drawee / drawer should be checked

Supply chain Management


Documentation to be verified for Invoice Discounting Covering Letter ( having all clauses ) Invoice ( Invoices should not be stale i.e. more than 90 days old) Confirmation about receipt of Goods received in good condition (GRGC). Transport document ie LR / DC etc List of approved drawee / drawer should be checked Post Scrutiny of documents, branch to authorize the case in inward register. Ref number is generated and case moves to scanning desk. Documents are then submitted to Scanning dept

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