Aim of Supplychain Management (SCM) is to provide transmission of goods and information withhighest degree of customer satisfaction at the lowest possible cost. A supplychain is the network of the things involved in delivering finished goods to thecustomer (Lindeke RR (2014) Supply chain management). The definition of theSupply Chain Management (SCM) “in the process of planning, organizing,implementing and controlling of the four things (material, capital, informationand manpower) from the point of production (supplier) to the point of Sale(customer), forward & reverse, effectively & efficiently in order tosatisfy customer needs. “Supply chain Management as the integration of businessprocess from the end user through original supplier who provides products,services and information that adds value for the customers” according to(Douglas M Lambert). It can reduce the risk of seller at the time of sale.

Supply chain finance allows a supplier to sell its invoices to a bank at a discountas soon as they approved by the buyer. The purpose of FSC is to obtainvisibility over the purchase to-order and order-to-cash processes (Kristofik& Hoff, 2012).Globalizationis driving banks to examine new ways to cater to corporate clients, includingfinancial supply chain management (FSCM). Financial Supply ChainManagement is generally defined as a set of business and financial processesthat link the various parties involved in a supply chain – i.e. the buyer, theseller and the financing institution -with a view to reducing financing costsand ultimately achieve improvedbusiness efficiency (Vousinas & Ponis,2017).”The goal of financial supply chain management is 1to obtain visibility overprocesses, such as purchase-to-pay and order-to-cash cycles, as well asprocesses involved in ordering, invoicing, reconciliation and payment” (Kristofik& Hoff, 2012).

“Growth of the bank stands on the relationship between Supply Chain Management (SCM) practices, and Organizational performanceand it is also found thatinformation and communication technology (ICT) had a major role in determiningthe performance of bank. The study recommends that to use correct ICT methodsshould be applied to promote the competitiveness of banks and improve performance”(Kimechwa et al., 2015).