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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 involvescoordinating 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.
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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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Suppliers Manufacturers Warehouses &Distribution Centers
Customers
Material Costs
TransportationCosts
TransportationCosts
Transportation
CostsInventory CostsManufacturing Costs
Supply chain Management
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Supply chain ManagementProduct features:Supplier Bill Disc / Invoice Disc
Bills drawn by the supplier and accepted by theCorporate / ECG / FIG / Business Banking /
Retail Customer are discounted and theproceeds are credited to the supplier on Day0.Corporate / ECG / FIG / Business Banking /Here Bill of Exchange has to be submitted fordiscounting.
For Invoice Discounting, No Bill of Exchange isprovided. Corporate / ECG / FIG / BusinessBanking / Retail Customers will provide anauthenticated list of the Invoices eligible fordiscounting.
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Supply chain Management
Dealer Bill Disc / Invoice Disc
Bills drawn by Corporate / ECG / FIG / BusinessBanking / Retail Customer and accepted by theDealer are discounted and the proceeds arecredited to the Corporate / ECG / FIG /Business Banking / Retail Customer on Day0.
For Invoice Discounting, No Bill of Exchange isprovided. Corporate / ECG / FIG / BusinessBanking / Retail Customers will provide an
authenticated list of the Invoices eligible fordiscounting.
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Supply chain Management
Customer submits document at counter,give acknowledgement with date and time stamp
Scrutiny
Raise the case to CPU
Inward in Trade Stream
and checklist stamp
If documents are found correct
Filling of documents
If documents are found incorrect
Inform customer / RM for rectification
Revised documents received
Process flow
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Supply chain ManagementSCM PRODUCTS
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Product Code Product Description INTEREST COLLECTION
SB01 SCM - Supplier Bill Discounting UPFRONT
SB02 SCM - Supplier Invoice Discounting UPFRONT
SB03 SCM - Dealer Bill Discounting UPFRONT
SB04 SCM - Dealer Invoice Discounting UPFRONTSB05 SCM - Supplier Bill Disc Arrear REAR
SB06 SCM - Supplier Invoice Disc Arrear REAR
SB07 SCM - Dealer Bill Disc Arrear REAR
SB08 SCM - Dealer Invoice Disc Arrear REAR
TB01 TELCO BILL DISCOUNTING
LN29 LOAN FACTORING MONTHLY
INTEREST MONTHLY
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Supply chain ManagementFollowing 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.
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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.
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Supply chain ManagementDocumentation to be verified for Bill Discounting
Covering LetterBill 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 approvedby Business / Credit & Mkt risk
List of approved drawee / drawer should be checked
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Supply chain Management
Documentation to be verified for Invoice DiscountingCovering 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 toScanning dept