Research On The Optimization Of Financing Contracts For Verification

As the global integration process accelerating, enterprises gradually shift from relatively independent status to the interdependent relationship between upstream and downstream enterprises. As the result, the real competition already from enterprises to supply chains. How to realize the optimization of the supply chain has become the focus of domestic and foreign scholars. The number of small and medium-sized enterprises(SMEs) present a multiple growth. Competition makes them often faced with the problem of financing difficulties. In the supply chain, due to enterprise’s interdependence, they can obtain financing through credit swaps. Therefore, supply chain finance has become the new financial products to solve this problem. As one of the important ways of supply chain finance, confirmed warehouse financing has played an important role.First, we considered a finance-constrained supply chain of a retailer and a bank under the condition of insufficiency of retailer’s operating capital. Then, we quantitatively studied the optimization of confirmed warehouse financing and the influence to total performance. Moreover, we took the loan-to-value ratio for the risk control index and discussed the retailer’s ordering decisions when he face different conditions from the bank. It is proved that bank could sign revenue-sharing contract with the retailer through the way of lowering rates. That could stimulate retailer’s order quantity increasing. As the result, it makes mutual profit increased and achieved win-win goal.Second, we analyzed calculation examples on the basis of the above modeling. Through a reasonable estimate of actual situation, we used examples to demonstrate the conclusions of the model. At last, we analyzed several key parameters of revenue sharing contract in order to provide guidance about how to use the theory model for optimizing decision in the practice.In this paper, we used loan-to-ratio as the risk control index to make similar confirmed warehouse business decisions comparable. Meanwhile, we used revenue sharing model to improve the operating efficiency of total supply chain. So this paper have certain innovation and provide a theoretical reference to participants to achieve rapid decision-making.