基于资金流服务商的供应链资金运作能力研究

A Research on Supply Chain Capital Operation Ability Based on Cash Flow Service Provider

高效的资金运作能力是决定一个企业乃至一条供应链成功的关键因素。本文提出了资金流服务商这一概念并重点分析了它所具备的两种资金运作能力:资金回收期压缩能力和采购资金占用压缩能力。在一个单周期的报童模型中,研究了资金流服务商通过给制造商提供这两种资金流服务能够给供应链整体收益带来的增大以及在这个过程中二者的利益分配问题。通过进一步比较这两种资金运作能力,验证了各自对于供应链的重要程度。

Efficient capital operation ability is the key to the success of a company and even a supply chain. In this paper, we propose a new concept of cash flow service provider and make a specific analysis on its two capital operation abilities： the ability to corrlpress capital recovery period and the ability to compress procurement payment. In the context of a single-cycle newsvendor model, we study the overall revenue increasing effect of supply chain caused by the cooperation between a manufacturer and a cash flow service provider through cash flow service, as well as the profit division between two of them during this process. The importance of the two different capital operation abilities to the supply chain is verified through a further comparison.