Research On Supply Chain Finance In The Recycling Industry Of Waste Electrical And Electronic Equipment

At present,China has entered the peak period of retirement of electronic products.In order to promote the development of regular dismantling enterprises,China carried out the fund subsidy policy.Fund subsidy is an important source of funds for regular dismantling enterprises,but because the audit cycle is long,enterprises are often trapped in the plight of insufficient funds.In recent years,supply chain finance has been widely introduced into various industries to help medium and small enterprises in the industry to solve the problem of financing difficulties.But in the waste electrical and electronic recycling industry,supply chain finance is rarely applied.By using the system dynamics method,this paper constructs a recovery and financing model of regular dismantling enterprises under the condition of non-supply chain finance and supply chain finance respectively.Factors such as subsidy policy and market competition mechanism are taken into account in the model.According to the relevant data of Beijing,the parameters of the enterprise recovery,the market share of the enterprise,the disposable funds and the capacity of the enterprise are set up.Based on the recovery price,three scenarios are established,that is,the market irregular recovery price is generally higher than the market regular recovery price,the market irregular recovery price is equal to the regular recovery price,and the market irregular recovery price is generally lower than the market regular recovery price.This paper studies the role of supply chain finance in the recycling of waste electrical and electronic products,and analyzes the sensitivity of initial finance,initial production capacity and government subsidy period.From the simulation results,the intervention of supply chain finance plays a positive role in the development of formal dismantling enterprises under all scenarios,especially in scenario one.In addition,the sensitivity of market share,disposable capital and capacity to initial capital,initial capacity and government subsidy period is different under different scenarios,and the sensitivity of some parameters will change with time in scenario one and scenario three.