Research On Supply Chain Finance Mode Selection Between Confirming Warehouse And Delay Payment

Based on the two-level supply chain which composed of a single supplier and a single retailer as the research background.Supplier is the core enterprise in supply chain,and it has strong production capacity and higher credit rating.Supplier flushes with cash and has easier access to bank direct financing;Retailer in the supply chain is small and medium-sized enterprises.It lacks of fixed assets and current assets and has low bank credit rates.Retailer faced with capital constraints,and it’s difficult for retailer to obtain bank financing directly.Therefore,in order to solve the problem,bank can finance for retailer with the method of supply chain finance with the upstream supplier’s credit.In the supply chain finance has confirmed warehouse financing and delayed payment financing two ways of financing loan to retailers.This thesis model two kinds of financing mode with Stackelberg based on Newsvendor model,we simplified the non-core parameters,then analyze the optimal decision of two kinds of financing mode parameters and supply chain coordination.We also compares the two kinds of financing mode of supply chain profit.In order to make this research more accord with the practice of supply chain finance,we joined the non-core parameters in the model above,at the same time we introduced supplier’s supply risk.In order to analyze the financing mode selection for retailers under supplier supply risk.We found that the supplier can coordinate the supply chain by setting right wholesale price when the expectation of the supply risk ratio less than the critical value under delay payment or confirmed warehouse.With different working capital ratios of retailer and supplier,the supplier can provide the appropriate financing mode for the retailer to make his profit maximization under different supply risk.Finally,in order to verify the above analysis,we use a numerical example with Matlab to carry on the numerical simulation,and draw the graphical of the two kinds of financing mode selection.