Competitive Factoring Financing Supply Chain Pricing And Ordering Policy

In recent years, under the increasingly competitive market environment, more and more enterprises take the basic way of sell on credit settlement which leads to a large number of accounts receivable in order to expand business sales. The accounts receivable not only take up a lot of liquidity, but increase the risk in its production and operation. To address the above questions, accounts receivable factoring business emerges as in order to revitalize.In the field of supply chain management, there exist the management and coordination of logistics, information flow and flow of funds. However, most literatures which study on supply chain operation did not take the flow of funds into consideration. In recent years, some scholars began to study on the coordination of financial service and operation management. By now, most of researches on supply chain finance decisions are about financing mode based on inventory. Researches on supply chain which studies one-to-one channel supply chain structure operation of accounts receivable factoring financing are less.In this background, this thesis mainly studies the both competitive supply chain structure which are one-to-two single channel supply chain structure and one-to-one double channel supply chain structure in which the supplier is leader.This thesis used related theories and methods of operations research, game theory, and so on, and set decentralized decision-making model and centralized decision-making model of the both supply chain structure which we called the traditional supply chain. In these models, it assumed that demand function is linear function about price and brought in the credit risk of retailer. Then, consider factoring financing in supply chain, it set decentralized decision-making model and centralized decision-making model of the both supply chain structure which we called the financial supply chain. Based on these models, it studies on the following factors, including pricing strategy, ordering strategy, profit of supply chain, interest rate of factoring financing, factors and requirements for suppliers to take part in factoring and so on. The thesis used data analysis to check the effectiveness of the model, and analyzed and compared the traditional supply chain and finance supply chain in pricing, order quantity and profit under the circumstances of disparate and concentrated decision-making. Meanwhile, it adopts MATLAB software to analyze the effect of relevant parameter on each decision variable. It is hoped that this thesis will provide some references of decision-making for supply chain enterprises and the financial institutions.