Financial logistics models based on systematic approach improving management solutions [version 1; peer review: 3 approved]

Abstract

Background: Some firms with good growth opportunities and additional funds could have difficulties accessing external finance. One possible way to enhance their financial inclusion could be an exciting approach to planning the money reserve collected on a firm’s account. Methods: This article aims to disclose the introduction of financial logistics as the new theoretical field of management science. The authors present, in this paper, the key findings on the development of logistical models of an optimum money reserve calculation taking into account digital transformation and industry 4.0 technologies and optimization methods. Results: The monetary reserve models are analogies of models of storekeeping in supply chains. The specific area of the theoretical research of logistics is shown in this paper, which could be disclosed as the subject of financial logistics as a science. The authors consider the term “Financial Logistics” based on logistics theory and money demand. Conclusions: Authors suggest the methodology of studying the nature of both financial and material flows of resources by comparing the relevant formulas. From the researchers’ points of view, financial logistics could be defined as the theory of managing the cash flows based on the logistical models for calculating a corporation’s cash reserve. The authors find it interesting to expand the conditions for calculating financial flows since the uncertainty of external market conditions always influences actual commercial activity.

Keywords

• Financial Inclusion
• Logistics Models
• Cash Balance
• Financial Logistics
• Optimal Order Size
• eng