The Financing Decision Research Of The Members Of Supply Chain With The Restriction Of Capital Constraint

The members of the supply chain enterprises exist capital constraints in the processof financing,the appearance of supply chain finance provides a solution for capitalconstraints.The cost of financing is the key factor to the node enterprise when theymake financing decision.Analysis the cost composition and the measurement of supplychain finance’s financing tools provides the basis of decision-making for supply chainmanagement.Based on the three basic financing modes’ premise condition and characteristics ofthe three financing mode,which are provided by supply chain finance:Prepaid accountreceivable financing,Inventory impawn financing and Pledge of accounts receivablefinancing,and calculate the cost of financing from three aspects of the three kinds offinancing tools,the three kinds of financing tools are credit cost, time cost and the costof capital.Using the capital cost and financing cost measure the cost of capital,using thecost of insuring instead of credit costs,from the perspective of convenience of using thesupply chain finance tools to measure the time cost.And put out three kinds of financingtool cost measurement models.Based on the contrastive analysis of the three kinds offinancing tool cost,put out the train of thought of supply chain node enterprise financingdecision.