Supply Chain Management’s role in Electric Vehicle Industry in Cost Reduction and Improvement of the Electric Vehicle Charging Infrastructure Ecosystem

Abstract

There is a need to improvement of the value of the firm and the operations carried out through the supply chain process of any firm or business. There are several studies that have established that the logistics of the goods and services and supply chain management have huge scope in improving the financial results for the company. The intent of this study is to understand the factors affecting the supply chain management and improve the financial performance of the firm by implementing these strategies such as dedicated management staff, implementation of information technology in accounting and timely receipt of payments to reduce the accounts receivables and reconciliation activities, working capital management and improving cash to cash payments for improvement of the net present value. The paper studies all the available research and then summarizes the available options with a firm for improvement of the value of the firm and value of the operations.

Keywords: electric vehicles technology, electric vehicles charging infrastructure, supply chain.