考虑信贷期限的供应链最佳策略研究——基于报童模型
|
摘要
现如今,中小型企业大都面临资金短缺问题,而贸易信贷融资模式逐渐为企业所接受。文章研究了信用期限和货物残值对供应链最优策略的影响。考虑了一个单周期供应链,它由一个制造商和一个零售商组成,在报童模型中,零售商在观察市场需求后下订单,同时制造商提供贸易信贷并将产品交付给零售商。文章模型表明,产品残值随着信用期的增加而增加。此外,为了协调供应链,建议零售商应该提供一个收益共享合同给制造商。结果表明,零售商和制造商都能从合同中获益。
At present, most small and medium-sized enterprises are facing the problem of capital shortage, and trade creditf inancing mode is gradually accepted by enterprises. This paper studies the effect of the credit period and salvage on the supply chain's optimal strategy. We examine a single-period supply chain consisting of a manufacture and a retailer in a Newsvendor model in which the retailer places an order after observing the market demand, while the manufacture offers a trade credit and delivers products to the retailer. Our model indicates that the credit period increases with the salvage. Additionally, in order to coordinate the supply chain, we propose, in our model, that the retailer should offer a revenue-sharing contract to the manufacture. The result shows that both the retailer and the manufacture could benefit from the contract.
At present, most small and medium-sized enterprises are facing the problem of capital shortage, and trade creditf inancing mode is gradually accepted by enterprises. This paper studies the effect of the credit period and salvage on the supply chain's optimal strategy. We examine a single-period supply chain consisting of a manufacture and a retailer in a Newsvendor model in which the retailer places an order after observing the market demand, while the manufacture offers a trade credit and delivers products to the retailer. Our model indicates that the credit period increases with the salvage. Additionally, in order to coordinate the supply chain, we propose, in our model, that the retailer should offer a revenue-sharing contract to the manufacture. The result shows that both the retailer and the manufacture could benefit from the contract.
引文
[1]Zhang Q,Dong M,Luo J,et al.Supply chain coordination with trade credit and quantity discount incorporating default risk[J].International Journal of Production Economics,2014,153(4):352-360.
[2]Kim J,Hwang H,Shinn S.An optimal credit policy to increase supplier's profits with price-dependent demand functions[J].Production Planning&Control,1995,6(1):45-50.
[3]Teng J T,Lou K R.Seller's optimal credit period and replenishment time in a supply chain with up-stream and downstream trade credits[J].Journal of Global Optimization,2012,53(3):417-430.
[4]Lou K R,Wang W C.Optimal trade credit and order quantity when trade credit impacts on both demand rate and default risk[J].Journal of the Operational Research Society,2013,64(10):1551-1556.
[5]Teng J T,Lou K R,Wang L.Optimal trade credit and lot size policies in economic production quantity models with learning curve production costs[J].International Journal of Production Economics,2014,155(5):318-323.
[6]Chen S C,Teng J T.Inventory and credit decisions for time-varying deteriorating items with up-stream and down-stream trade credit financing by discounted cash flow analysis[J].European Journal of Operational Research,2015,243(2):566-575.
[7]Chern M S,Pan Q,Teng J T,et al.Stackelberg solution in a vendor-buyer supply chain model with permissible delay in payments[J].International Journal of Production Economics,2013,144(1):397-404.
[8]Wu C,Zhao Q,Xi M.A retailer-supplier supply chain model with trade credit default risk in a supplier-Stackelberg game[J].Computers&Industrial Engineering,2017,112(13):230-236.
[9]Avittathur B,Biswas I.A note on limited clearance sale inventory model[J].International Journal of Production Economics,2017,193(5):68-73.
[10]王明征,周亮,刘伟伟.考虑违约风险时收益共享-贸易信贷契约下多个竞争零售商的供应链协调[J].运筹与管理,2017,26(4):1-11.
[11]郭金森,周永务,钟远光.基于资金约束零售商的双渠道制造商贸易信贷与提前订货折扣契约选择策略研究[J].系统工程理论与实践,2017,37(5):1254-1264.
[12]赵泉午,卜祥智,杨秀苔.基于返利策略的易逝品供应链合同研究[J].管理工程学报,2006,20(3):41-45.
[2]Kim J,Hwang H,Shinn S.An optimal credit policy to increase supplier's profits with price-dependent demand functions[J].Production Planning&Control,1995,6(1):45-50.
[3]Teng J T,Lou K R.Seller's optimal credit period and replenishment time in a supply chain with up-stream and downstream trade credits[J].Journal of Global Optimization,2012,53(3):417-430.
[4]Lou K R,Wang W C.Optimal trade credit and order quantity when trade credit impacts on both demand rate and default risk[J].Journal of the Operational Research Society,2013,64(10):1551-1556.
[5]Teng J T,Lou K R,Wang L.Optimal trade credit and lot size policies in economic production quantity models with learning curve production costs[J].International Journal of Production Economics,2014,155(5):318-323.
[6]Chen S C,Teng J T.Inventory and credit decisions for time-varying deteriorating items with up-stream and down-stream trade credit financing by discounted cash flow analysis[J].European Journal of Operational Research,2015,243(2):566-575.
[7]Chern M S,Pan Q,Teng J T,et al.Stackelberg solution in a vendor-buyer supply chain model with permissible delay in payments[J].International Journal of Production Economics,2013,144(1):397-404.
[8]Wu C,Zhao Q,Xi M.A retailer-supplier supply chain model with trade credit default risk in a supplier-Stackelberg game[J].Computers&Industrial Engineering,2017,112(13):230-236.
[9]Avittathur B,Biswas I.A note on limited clearance sale inventory model[J].International Journal of Production Economics,2017,193(5):68-73.
[10]王明征,周亮,刘伟伟.考虑违约风险时收益共享-贸易信贷契约下多个竞争零售商的供应链协调[J].运筹与管理,2017,26(4):1-11.
[11]郭金森,周永务,钟远光.基于资金约束零售商的双渠道制造商贸易信贷与提前订货折扣契约选择策略研究[J].系统工程理论与实践,2017,37(5):1254-1264.
[12]赵泉午,卜祥智,杨秀苔.基于返利策略的易逝品供应链合同研究[J].管理工程学报,2006,20(3):41-45.