供应商主导的供应链融资成本与收益模型研究

发布时间：2018-02-02 18:54

本文关键词： 供应链融资核心企业资金约束优化配置　出处：《华南理工大学》2014年硕士论文　论文类型：学位论文

【摘要】：自从中国改革开放以来，随着供应链的快速发展，供应链的节点企业大量增加并已经成为国民经济和社会发展的重要力量。但多数节点企业由于规模较小或信誉机制不完善等原因，导致资金不足成为其进一步发展的巨大阻力。而当前供应链管理研究，主要集中在如何协调与整合物流、信息流和资金流三大方面。其中，多数研究集中在物流及信息流的协调与整合方面，针对供应链资金流方面的研究并不多。然而，资金是供应链节点企业生存与发展运作的重要资源，影响着供应链上下游产业的配套发展。供应链融资是近年来提出的新的融资方式，可以充分利用供应链上节点企业的关系及信息对称性，较为有效的为节点企业解决融资难问题，为供应链的进一步发展成熟，整体经济增长提供保障。本文以供应链整体效益作为目标，建立一个以供应商为核心主导企业的供应链融资系统，采用定性研究和定量研究两种方法，参考目前国内外的研究现状，对目前国内的供应链情况进行分析，通过对供应商主导的供应链融资特征及其逻辑关系的分析，建立供应商主导的供应链融资成本-收益模型，运用数值仿真对模型进行验证，研究如何克服供应链在资金约束的情况下达到整体效益最优。本文主要从受到资金约束的节点企业制造商和节点企业零售商的角度入手，构建节点企业制造商和零售商直接向商业银行融资，，及从供应链整体角度出发，构建以核心企业供应商为主导进行供应链融资的两种融资的成本-收益模型，进行数值仿真，对资金约束下的供应链节点企业提出解决方案，得出在供应链融资的情况下，无论节点企业选择集中决策还是分散决策，节点企业采用以核心企业供应商为主导的供应链融资情况均更为有利。同时，对于供应链总利润而言，供应链财务融资所带来的效益更加明显的结论。以期能为资金约束下的供应链节点企业融资问题提供解决方案，为完善我国供应链企业发展提供借鉴意义。
[Abstract]:Since China's reform and opening up, with the rapid development of supply chain. The node enterprises in the supply chain have increased greatly and have become an important force in the national economy and social development. However, most of the node enterprises are due to small scale or imperfect reputation mechanism and other reasons. The current research on supply chain management mainly focuses on how to coordinate and integrate logistics, information flow and capital flow. Most of the studies focus on the coordination and integration of logistics and information flow, but there are few researches on the supply chain capital flow. However, capital is an important resource for the survival and development of supply chain node enterprises. It affects the supporting development of upstream and downstream industries in supply chain. Supply chain financing is a new financing method proposed in recent years. It can make full use of the relationship and information symmetry of the node enterprises in the supply chain, and solve the financing problem for the node enterprises more effectively. For the further development of the supply chain mature, the overall economic growth to provide protection. This paper takes the overall benefit of the supply chain as the goal, and establishes a supply-chain financing system with the supplier as the core leading enterprise. Using qualitative and quantitative research methods, referring to the current domestic and foreign research status, the current domestic supply chain situation is analyzed. Based on the analysis of the characteristics and logical relationship of supplier-led supply chain financing, the cost-benefit model of supplier-led supply chain financing is established, and the model is verified by numerical simulation. This paper studies how to overcome the supply chain in the case of financial constraints to achieve optimal overall benefits. This article mainly from the point of view of the node enterprise manufacturer and the node enterprise retailer which is constrained by the capital, constructs the node enterprise manufacturer and the retailer directly to the commercial bank financing, and starts from the supply chain overall angle. The cost-benefit model of two kinds of supply chain financing is constructed, which is dominated by the core enterprise supplier, and the numerical simulation is carried out, and the solution to the supply chain node enterprise under the financial constraints is put forward. It is concluded that in the case of supply chain financing, whether the node enterprises choose centralized or decentralized decision-making, the node enterprises use the core enterprise suppliers as the dominant supply chain financing situation are more favorable. At the same time. For the total profit of the supply chain, the benefit of the financial financing of the supply chain is more obvious, in order to provide a solution to the financing problem of the supply chain node enterprises under the financial constraints. To improve the development of supply chain enterprises in China to provide reference significance.
【学位授予单位】：华南理工大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F274;F275

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