本文選題：逆向主導(dǎo)型供應(yīng)鏈　切入點(diǎn)：供應(yīng)鏈金融　出處：《天津大學(xué)》2014年碩士論文

【摘要】：美國的著名經(jīng)濟(jì)學(xué)家克里斯多夫曾經(jīng)說過這樣的話：“市場(chǎng)上沒有企業(yè)而只有供應(yīng)鏈，真正的競(jìng)爭是供應(yīng)鏈與供應(yīng)鏈之間的競(jìng)爭，而不是企業(yè)與企業(yè)之間的競(jìng)爭�！彪S著我國商品經(jīng)濟(jì)的發(fā)展以及產(chǎn)業(yè)結(jié)構(gòu)的不斷優(yōu)化調(diào)整，供應(yīng)鏈協(xié)同優(yōu)化逐漸得到人們的關(guān)注。與此同時(shí)，日益激烈的行業(yè)競(jìng)爭、迅速變化的市場(chǎng)環(huán)境使得更加接近市場(chǎng)終端、更容易獲得消費(fèi)者需求變動(dòng)信息的供應(yīng)鏈終端企業(yè)占據(jù)著優(yōu)勢(shì)，近年來蘇寧、國美、沃爾瑪以及一些電子商務(wù)平臺(tái)如京東商城的崛起就是典型的例子。與傳統(tǒng)供應(yīng)鏈中制造商占據(jù)核心地位不同，這些供應(yīng)鏈終端企業(yè)因?yàn)槠鋸?qiáng)大的物流配送系統(tǒng)和一流的信息溝通系統(tǒng)而在其供應(yīng)鏈中占據(jù)主導(dǎo)地位，這也是本文的研究對(duì)象：逆向主導(dǎo)型供應(yīng)鏈。 中小企業(yè)的數(shù)量在我國很多，他們對(duì)國民經(jīng)濟(jì)的增長有很大貢獻(xiàn)，但在發(fā)展過程中中小企業(yè)的貸款難問題卻在一定程度上制約了企業(yè)的發(fā)展。近些年逐漸興起的供應(yīng)鏈金融不僅是我國金融業(yè)發(fā)展的創(chuàng)新，更為解決中小企業(yè)貸款難問題提供了很好的契機(jī)。它不僅優(yōu)化整合了供應(yīng)鏈，同時(shí)也提高了供應(yīng)鏈資金的利用率，降低了供應(yīng)鏈成本，增強(qiáng)了供應(yīng)鏈整體競(jìng)爭力。 因此本文以逆向主導(dǎo)型供應(yīng)鏈為主要研究對(duì)象，從供應(yīng)鏈金融的視角研究只有一個(gè)供應(yīng)商一個(gè)制造商一個(gè)零售商的三級(jí)供應(yīng)鏈在資金決策方面的協(xié)調(diào)優(yōu)化問題。在探討零售商制造商協(xié)調(diào)時(shí)，基于報(bào)童模型，，研究資金短缺的逆向主導(dǎo)型供應(yīng)鏈如何在使用期權(quán)契約降低市場(chǎng)風(fēng)險(xiǎn)的同時(shí)，又最大限度的提高供應(yīng)鏈的資金利用效率。結(jié)果表明，為了降低自身的融資成本，處于中游的制造商會(huì)在自有流動(dòng)資金方面保持一定水平，但是這也給上游供應(yīng)商的貨款回收帶來了很大的問題。在供應(yīng)商-制造商供應(yīng)鏈中，制造商可以利用自身的優(yōu)勢(shì)地位通過應(yīng)付賬款將資金緊張問題傳導(dǎo)至供應(yīng)商，這樣就造成了供應(yīng)商應(yīng)收賬款的增加以及短期內(nèi)面臨的資金緊張問題，在這一部分，本文通過應(yīng)收賬款融資的引入并使用FAHP方法對(duì)其質(zhì)押率進(jìn)行確定，并將其與傳統(tǒng)貸款模式中的質(zhì)押率進(jìn)行比較，結(jié)果表明，在供應(yīng)鏈有核心企業(yè)的前提下，供應(yīng)鏈上游處于弱勢(shì)的中小企業(yè)可以通過應(yīng)收賬款融資更有效率地解決資金短缺問題。
[Abstract]:Christopher, a famous American economist, once said, "there are no enterprises in the market but only the supply chain. The real competition is between the supply chain and the supply chain." With the development of commodity economy and the continuous optimization and adjustment of industrial structure, people pay more and more attention to the coordination optimization of supply chain. At the same time, the increasingly fierce industry competition, The rapidly changing market environment makes supply chain terminal enterprises that are closer to market terminals and easier to obtain information about changes in consumer demand occupy an advantage. In recent years, Su Ning, Gome, The rise of Wal-Mart and other e-commerce platforms such as JingDong Mall is a case in point. Unlike manufacturers in traditional supply chains, These supply chain terminal enterprises play a leading role in their supply chain because of their powerful logistics distribution system and first-class information communication system. This is also the research object of this paper: reverse leading supply chain. The number of small and medium-sized enterprises in China is very large. They have made great contributions to the growth of the national economy. However, in the process of development, the problem of loan difficulty of small and medium-sized enterprises restricts the development of enterprises to a certain extent. The rising supply chain finance in recent years is not only the innovation of the development of financial industry in our country. It not only optimizes and integrates the supply chain, but also improves the utilization rate of the supply chain funds, reduces the supply chain cost and enhances the overall competitiveness of the supply chain. Therefore, this paper takes the reverse leading supply chain as the main research object. From the perspective of supply chain finance, this paper studies the coordination and optimization of the three-level supply chain with only one supplier, one manufacturer and one retailer in the aspect of capital decision. This paper studies how to use option contract to reduce market risk and improve the efficiency of capital utilization in the reverse dominant supply chain with shortage of funds. The results show that in order to reduce the financing cost of the supply chain, Manufacturers in the middle stream maintain a certain level of their own liquidity, but this also poses a big problem in the upstream supplier's payment recovery. In the supplier-manufacturer supply chain, Manufacturers can take advantage of their position to channel the shortage of funds to suppliers through accounts payable, resulting in an increase in suppliers' accounts receivable and short-term funding constraints, and in this part, Through the introduction of accounts receivable financing and the use of FAHP method to determine the pledge rate, and compare it with the traditional loan model, the results show that the supply chain has the premise of the core enterprises. Small and medium-sized enterprises in the upstream of supply chain can solve the problem of capital shortage more efficiently through accounts receivable financing.
【學(xué)位授予單位】：天津大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2014
【分類號(hào)】：F274;F830.5

【參考文獻(xiàn)】

相關(guān)期刊論文 前10條

1 粟媛;李艷e

本文編號(hào)：1668512