基于融资成本度量的供应链成员企业融资决策

Supply Chain Members' Enterprise Financing Decisions Which is Based on Measurement Cost of Financing

融资成本是影响供应链成员企业融资模式选择的关键因素。基于供应链金融提供的三种基本融资模式:保兑仓融资、融通仓融资以及应收账款质押融资的特点及其前提条件,从信用成本、时间成本、资金成本三个方面考量供应链成员企业每种融资模式的融资成本,给出三种融资模式的成本度量模型以及成员企业的融资决策准则,为成员企业的融资提供了定量决策依据。

The cost of financing is the key factor to supply chain member enterprises when they select financing mode.Supply chain finance provides three basic financing modes： confirming the storehouse financing model, financing storehouse financing model and pledge of accounts receivable financing mode. Basing on the three basic financing modes and its premise condition, considering each kind of financing pattern of finaneing costs from three aspects： credit cost, time cost and cost of capital. Put forward the financing model of cost measurement and financing decision criteria. Providing a quantitative decision basis for the member enterprise when they make finanee decision.