制造商资金约束闭环供应链的回收及融资决策

Recycling and Financing Decision for Closed-Loop Supply Chain under Capital Constraints of Manufacturer

针对由一个制造商和一个主导零售商组成的两阶段闭环供应链,研究制造商资金约束闭环供应链的回收及融资决策问题.构建了四种闭环供应链的决策模型,分析了不同回收模式及融资策略对闭环供应链成员及整体绩效的影响.研究发现,当采用零售商信贷融资策略时,制造商和零售商都缺乏废旧品回收的能动性,且回收模式的不同并不影响闭环供应链最优融资策略的选择.无论哪一方作为回收主体,零售商信贷融资策略都更有利于增加闭环供应链成员利润.无论采用何种融资策略,制造商作为回收主体时更有利于提高闭环供应链的整体效益及废旧品回收率.

Aiming at a two-stage closed-loop supply chain(CLSC)composed of a manufac-turer and a dominant retailer,the recycling and financing decision-making for CLSC under capital constraints of manufacturer was researched in this paper.Four decision models of CLSC were constructed,and the effects of different recycling modes and financing strategies on the performance of CLSC members and overall were analyzed.The research shows that both the manufacturer and retailer lack the initiative of recycling waste products when using the retailer credit financing strategy,and the different recycling modes do not affect the choice of optimal financing strategies of CLSC.Furthermore,no matter the manufacturer or retailer is responsible for the recycling of waste products,the retailer credit financing strategy is more conducive to increase the profits of CLSC members.Regardless of the financing strategies,when the manufacturer as the main body of recycling,it is more conducive to improve the overall efficiency of CLSC and the recycling rate of waste products.