资金约束的3PL新型物流金融服务定价研究

发布时间：2018-05-24 16:15

本文选题：3PL新型物流金融服务 + 资金约束　；参考：《华中科技大学》2012年硕士论文

【摘要】：近年来，国内外一些实力雄厚的第三方物流企业（以下简称3PL）开始为客户提供一种新型的物流金融服务。作为一种物流与金融的创新，3PL物流金融服务无疑为3PL提供了一种新的利润来源，但是，也存在一定的风险，比如客户违约的风险。因此，3PL对这一新兴业务的开展需慎重。本文即研究了3PL新型物流金融服务的定价问题及开展金融服务对其自有资金的要求。本研究基于经典报童模型，首先研究了由供应商和零售商组成的资金约束供应链中，3PL分别采用：(1)固定物流服务费率只决策金融服务收费(现实生活中的常见做法);(2)物流服务与金融服务联合决策时,金融服务的定价问题。其次通过比较3PL传统物流服务利润与新型物流金融服务利润，讨论了3PL提供金融服务对其自有资金的要求，并做了相关参数分析。研究结果表明：与现实中3PL常用的固定物流服务费率只决策金融服务收费相比，联合决策可增加3PL的利润。当3PL提供金融服务的资金成本足够低时，提供金融服务对3PL自有资金无要求，即无论3PL自有资金多少都应该提供金融服务。否则，只有3PL自有资金大于某一临界值时才提供金融服务。同时对于自有资金不充足的3PL而言，其金融服务定价与自有资金无关，且由于物流金融服务的联合效应，3PL金融服务索取的最优利率不一定高于3PL向银行贷款的利率。因此，现实中，3PL可以通过以一较低的贷款利率吸引客户，同时包揽下其物流服务，，收取一较高物流费率以此来提高总利润。
[Abstract]:In recent years, some strong third party logistics enterprises at home and abroad (hereinafter referred to as 3PLs) began to provide a new type of logistics financial services for customers. As an innovation of logistics and finance, logistics financial service undoubtedly provides a new profit source for 3PL, but there are also some risks, such as the risk of customer default. Therefore, 3 PL to this new business development needs to be cautious. This paper studies the pricing of 3PL new logistics financial services and the requirements of financial services for its own capital. This study is based on the classic newsboy model. First of all, the paper studies the decision of the fixed logistics service rate only for financial services (common practice in real life) in the capital constrained supply chain composed of suppliers and retailers, when the logistics service and financial services are jointly decided by 3PL (1: 1), which is a common practice in real life, in the joint decision of logistics service and financial service. Pricing of financial services Secondly, by comparing the profit of traditional logistics service of 3PL with the profit of new type of logistics financial service, this paper discusses the requirements of the financial services provided by 3PL to its own capital, and makes an analysis of the relevant parameters. The results show that, compared with the fixed logistics service rate commonly used in 3PL, the joint decision can increase the profit of 3PL. When the 3PL's cost of providing financial services is low enough, the provision of financial services does not require 3PL's own capital, that is, it should provide financial services regardless of the amount of the 3PL's own capital. Otherwise, financial services are provided only if 3PL's own capital exceeds a certain threshold. At the same time, for 3PL whose own capital is not sufficient, its financial service pricing has nothing to do with its own capital, and because of the combined effect of logistics financial services, the optimal interest rate demanded by financial services is not necessarily higher than that of 3PL's loans to banks. Therefore, in reality, 3PL can increase the total profit by attracting customers with a lower loan rate, at the same time taking over its logistics services and charging a higher logistics rate.
【学位授予单位】：华中科技大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F253.7;F831

【参考文献】