Supply Chain Finance Based-Studies On Supply Chain Coordination With Contract

The supply chain management is the synthesic management and coordination of "three flows" (i.e., logistics, imformation, and fund), in which enterprises' orperational decision and financial decision are affecting mutually. So it is important to put them into considering simultaneously. Located at the intersection of logistics, supply chain management, collaboration, and finance, Supply Chain Finance (SCF) is an approach which focuses on both orperaion and finance. As a new kind of financial service pattern, SCF take the commodity exchanges among enterprises in the supply chain as the basis and carrier, and manifests in the commercial negotiations which takes contracts as the concrete forms.Currently, massive researches on contract coordination mainly focused on information sharing, the product (or inventory) operating, which neglected fund affection. But in fact fund's circulating and settlement always are the determining factors for both sides to negotiate. So to introduce SCF into contract coordination for exploring fund and operation coordination in the supply chain is significant in the academic research and practice.The thesis surveys the supply chain finance theory and practice firstly. The function of SCF is quantified by excess profit of the financing fund and is introduced into contracts models. Several common contracts models based on SCF are set up. Both theory models and numerical studies have manifested the difference in coordination effect between SCF with these contract forms, confirmed it's Pareto improvement in contract coordination and combination of them is effective. Simultaneously, the thesis sets up utility functions based on SCF and discusses affection of different entities' risk preference on SCF coordination. Concretely, the thesis's contributions are as following:1. SCF is introduced into supply chain contract models, which focused on qualitative investigation. This makes contract coordination based on SCF conforms to the practice requirement.2. When demand is stochastic, wholesale price contract model and option contract model based on SCF are set up.3. By EOQ which supposes fixed year demand total quantity, quantity discount contract model and credit option model based on SCF are set up.4. When demand follows continuous distribution, SCF utility functions are set up. Affection and strategy choices of different entities' risk preference on SCF coordination are discussed.