上海交通大学学报(自然版) ›› 2017, Vol. 51 ›› Issue (2): 229-.

• 管理科学 • 上一篇    下一篇

针对资金约束供应商的预付款融资均衡策略

李超1,3,骆建文2   

  1. 1. 上海交通大学 中美物流研究院,上海 200052; 2. 上海交通大学 安泰经济与管理学院, 上海 200052;
    3. 交通银行金融研究中心 博士后工作站, 上海 200336
  • 出版日期:2017-02-28 发布日期:2017-02-28
  • 基金资助:

    国家自然科学基金项目(71372107),上海市哲学社会科学规划课题(2012BGL011)资助

Equilibrium Strategies of Advanced Payment Financing for  FinancialConstraint Supplier

LI Chao1,3,LUO Jianwen2   

  1. 1. SinoUS Global Logistics Institute, Shanghai Jiao Tong University, Shanghai 200052, China;
    2. Antai College of Economics and Management, Shanghai Jiao Tong University, Shanghai 200052, China;
     3. Postdoctoral Program, Financial Research Center of  Bank of Communications, Shanghai 200336, China
  • Online:2017-02-28 Published:2017-02-28

摘要:

针对资金充足的零售商通过预付款的方式为资金约束供应商提供生产性融资以缓解资金短缺对供应链运作影响的问题,研究了零售商预付款融资模式与传统的银行融资模式的优势,以及预付款融资模式下的供应链协调契约.结果表明:相比于传统的银行融资模式,零售商可以通过调整产品批发价格来激励供应商选择预付款融资模式,以实现双方的帕累托改进,并提高供应链整体的运作效率;若供应商无法获得银行融资,则预付款融资可以实现供应链的协调;若供应商能够获得银行融资,则零售商可以通过预付款融资与收益共享契约的结合来激励供应商选择预付款融资并实现供应链的协调.

关键词:  , 供应链, 供应商, 零售商, 资金约束, 预付款融资

Abstract:

For the problem that a financialsufficient retailer alleviates the impact on supply chain operation from the financial shortage through advanced payment scheme to provide production financing for the financialconstraint supplier, this paper investigates the advantage of advanced payment financing scheme compared to external bank financing and the coordinating contracts under advanced payment. The results show that, in contrast of bank financing, the retailer can incent the supplier to select advanced payment financing scheme by adjusting wholesale price to realize Pareto improvement for both players, the efficiency of the whole supply chain can improve simultaneously. If the supplier cannot approach bank financing, advanced about payment financing coordinates the supply chain. If bank financing can be approached, supply chain coordination can be achieved by the retailer through joint adoption of advance payment and revenuesharing contract as well.

Key words: supply chain, suppliers, retailers, financial constraint, advanced payment

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