Two-stage Deferred Payment Of The Supply Chain Network Is Balanced

Deferred payment has been widely adopted by enterprises for it can stimulate the market demand, expand market share and reduce enterprise inventory cost. In fact, deferred payment is another financing tools for enterprise in addition to Banks and other financial institutions. In this article, we study the equilibrium of a supply chain network under two-echelon trade credit in which the manufacturer offers the retailer full trade credit while the retailer just offers the partial trade credit to his/her customer. The main research contents and innovation points are as follows:1) Studied the equilibrium of a supply chain network under one-echelon trade credit and two-echelon trade credit. Using variational inequality theory, we depict the optimal manners of the manufacturers and retailers, and establish the supply chain network equilibrium model. We illustrate the effect of the key parameters with some numerical examples.2) Considering it is inevitable to make product quality failures in the process of production and transportation, this article studied the equilibrium of a supply chain network with goods containing defects, in four kinds of situations——Retailers inspect the goods while manufacturers don’t recalling defect goods, Retailers inspect the goods while manufacturers recall defect goods, Manufacturers inspect productions and don’t repair defect goods, Manufacturers inspect productions and repair defect goods.