基于供应商关系视角的营运资金管理模式研究

发布时间：2018-04-22 05:15

本文选题：营运资金管理 + 供应商关系　；参考：《中国海洋大学》2014年硕士论文

【摘要】：自20世纪90年代中期以来国内外营运资金管理研究呈现显著增长的态势，并步入一个变革时代。受业务、财务一体化以及拓展的营业观念和理财观念的变化、对战略性影响营运资金管理绩效因素的日益关注等方面的影响，营运资金研究向拓展的营业观念的营运资金管理研究转变，其重心将转向利益相关者视角的营运资金管理。供应商作为企业最主要的外部利益相关者之一，随着全球经济一体化的发展，供应链竞争的不断加剧，供应商关系逐渐转变成营运资金管理的重要战略性影响因素。从供应商关系视角对营运资金管理展开研究具有重要的理论意义和实践意义。本文从业务流程、供应商商业信用、供应链金融三个方面出发，运用理论分析与案例分析相结合的研究方法，对供应商关系影响营运资金管理机理进行研究，并在此基础上对基于供应商关系视角的营运资金管理模式设计进行优化。从业务流程角度出发，本文就供应商关系对企业采购周期、业务流程再造的影响以及持续稳定供应商关系对采购渠道营运资金管理的影响进行了理论分析，，并以联想集团供应商管理库存（VIM）模式为例进行了案例研究，在此基础上对营运资金管理模式设计提出了改善建议：1）加强与供应商信息共享程度，提高业务流程科学规范性；2）注重与供应商联合进行供应链业务流程再造；3）企业应依照重要性原则、成本效益原则合理分配采购资源，选择恰当的供应商管理策略；4）应关注由联合供应商进行供应链业务流程再造导致的供应商依赖度增加所带来的营运资金管理风险。与此同时，总结了从业务流程出发的营运资金管理模式具体方案。本文就供应商商业信用对营运资金管理的影响进行了理论分析，指出商业信用会影响资金在企业与供应商之间的再分配，缓解或激化两者间资金分配不均的矛盾，影响企业营运资金管理绩效和财务风险的发展走向，并且以苏宁运用商业信用改善营运资金管理绩效为例进行了案例研究。在此基础上对营运资金管理模式设计提出了几点建议：1）企业在考虑供应商利益的前提下，应尽可能利用商业信用改善营运资金管理绩效，扩大经营规模；2）商业信用的利用应考虑供需双方的利益，可持续发展；3）应关注由商业信用的运用所增加的企业财务风险。与此同时，总结了从商业信用出发的营运资金管理模式具体方案。在供应链环境下企业利用供应链金融产品能够缓解供应链节点企业间资金分配不均的矛盾，本文分别供应商增信模式和企业增信模式探讨了供应链金融对企业营运资金管理的影响，在理论分析和案例分析的基础上，建议企业应注重与供应商培养稳定的交易关系，并促进筹资信用由核心企业向中小企业传递，并注重协调银行、物流公司等第三方企业与供应链企业之间的关系，以促使企业利用供应链金融产品改善企业营运资金管理绩效。与此同时，总结了从供应链金融出发的营运资金管理模式具体方案。总之，供应商关系会通过业务流程、商业信用、供应链金融影响营运资金管理绩效，在利用供应商关系改善营运资金管理绩效的同时，应注重由供应商合作模式创新引发的财务风险的识别、评估及应对。
[Abstract]:Since the middle of the 1990s, the research on operating capital management at home and abroad has shown a significant growth trend and entered a changing era. The changes in business, financial integration, and expansion of business concepts and financial ideas, the influence of the increasing concern on the performance factors of strategic operating capital management, and the study of working capital The focus of the working capital management research into the expanding business concept will turn to the working capital management of the stakeholder perspective. As one of the most important external stakeholders of the enterprise, the supplier is becoming increasingly competitive with the development of the global economic integration, and the supplier relationship has gradually changed into operating capital management. It is of important theoretical and practical significance to study the management of working capital from the perspective of supplier relationship. This paper, starting from three aspects of business process, supplier business credit and supply chain finance, uses a combination of theoretical analysis and case analysis to affect the operating capital of supplier relationship. Based on the research of the gold management mechanism, and based on this, the design of the working capital management mode based on the supplier relationship perspective is optimized.
From the perspective of business process, this paper makes a theoretical analysis on the influence of supplier relationship on the enterprise procurement cycle, business process reengineering and the influence of continuous and stable supplier relationship on the management of the operating funds of the procurement channel. The case study is carried out on the basis of the case study on the model formula of the Lenovo Group supplier management inventory (VIM). The design of capital management model puts forward suggestions for improvement: 1) strengthen the sharing of information with suppliers, improve the scientific standardization of business process, and 2) pay attention to the joint supply chain business process reengineering with suppliers; 3) the enterprise should allocate the purchasing resources reasonably according to the principle of importance, the principle of cost benefit, and choose the appropriate supplier management policy. 4) should pay attention to the risk of working capital management caused by the increase of supplier dependence of the supply chain business process reengineering by the joint supplier. At the same time, it summarizes the concrete plan of the operating fund management model from the business process.
This paper analyzes the influence of supplier business credit on the management of working capital, and points out that commercial credit will affect the redistribution of funds between enterprises and suppliers, alleviate or intensify the contradiction between the uneven distribution of funds between the two, and influence the management performance and the development trend of the financial risk. On the basis of this, some suggestions are put forward on the design of working capital management model: 1) the enterprise should make use of commercial credit to improve the performance of operating capital management as far as possible on the premise of considering the supplier's interests, and expand the scale of operation; 2) the use of commercial credit should be considered. The interests of both suppliers and the supply and demand, sustainable development; 3) should pay attention to the financial risk increased by the use of commercial credit. At the same time, it summarizes the concrete plan of working capital management model from commercial credit.
In the supply chain, the use of supply chain financial products can alleviate the uneven distribution of funds among enterprises in the supply chain. In this paper, the effects of Supply Chain Finance on the management of operating funds of enterprises are discussed respectively. On the basis of theoretical analysis and case analysis, the enterprises should pay more attention to the enterprises. To foster a stable trading relationship with suppliers, and to promote the transfer of financing credit from the core enterprise to the small and medium enterprises, and to coordinate the relationship between the three party enterprises and the supply chain enterprises, such as the banks, the logistics companies, so as to promote the enterprises to use the supply chain financial products to improve the management performance of the operating funds. The specific plan of working capital management mode based on finance.
In a word, the supplier relationship will affect the performance of operating capital management through the business process, business credit and supply chain finance. While improving the performance of working capital management by using the supplier relationship, we should pay attention to the identification, evaluation and response of the financial risk caused by the innovation of supplier cooperation model.

【学位授予单位】：中国海洋大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F274;F406.72;F426.671

【参考文献】