Track: Business Management
Abstract
This paper converge the discussion of payment delays in supply chain management literature by way of a systematic literature review of high ranked journals in operation management. Demand, Inventory, Cash Flow, Financial Decision, and supply chain coordination were identified as major issues in Supply chain Delay in payments. In our research, we noticed an increasing trend in publications for analytical research which limits the generalizing of the findings due to the different assumptions used in the modeling process. Most of these studies were conducted in the retail sector due to its coordinate organizational structure. We found that Delay in payment, as a coordination tool, can improve both the supplier’s and retailer’s profit as we proposed a conceptual model that resume the impact of Delay in payments in the issues discussed above. Futur area of research are identified like research under dynamic scenarios, including multi-echelon partners.