A review of trade credit literature: Opportunities for research in operations.

•We provide an integrative review of the existing literature of trade credit in the interface of operations and finance.•We analyze in detail four literature areas: trade credit motives, order quantity decisions, credit term decisions and settlement period decisions.•The main findings of the literature review is that trade credit increases the economic order quantity and could serve as a buyer–supplier coordination mechanism.•We derive a detailed agenda for future research around two core themes: opportunities arising from inside operations management and opportunities arising from outside operations management.