Research On Decision Making Of 3PL Inventory Financing Service Based On Unified Credit Mode

For a long time,small and medium-sized enterprises are an important way to solve the problem of employment and promote economic growth.However,because credit rating is low and lack of financing channels,the small and medium-sized enterprise are unable to obtain loans from the banks.In the electronics industry,in order to maintain the stable operation of the supply chain system considerations,many small and medium enterprises carry out close cooperation with the core enterprise.There are many advantages.On the one hand,small and medium enterprises(retailers)need to bulk purchase in order to get a price discount.On the other hand,Core enterprises(suppliers)need timely payment of small and medium enterprises,which to reduce accounts receivable.Therefore,how to solve the financing difficulties of the enterprises in the supply chain is of great significance.With the rapid development of 3PL(third party logistics company),many large logistics group began to explore the diversification of business functions becase of the competition becoming more and more serious.Through reference the study of the development of foreign logistics industry and combined with the advantages of their own enterprises in the supply chain finance industry,many logistics companies find business development opportunities.The 3PL inventory financing service based on unified credit model has many merits.For the banks,the model can operate the batch loan business and reduce the business risk for high credit rating enterprises.For logistics enterprises,the model can expand the scope of business and increase business income.For small and medium-sized enterprises,the model can revitalize the flow of funds through the logistics activities.And the capital flowing can pull the scale of logistics development.Therefore,the model can form a virtuous circle,whice is simple and quick and controllable risk.The model are favor foe all parties.In this paper,we focus on the decision making of 3PL inventory pledge service under the unified credit mode,and further explore the relationship between the influencing factors and the decision variables.Carrying out 3PL inventory pledge financing services can provide the targeted guidance in practical application.This paper discusses the background and significance of the topic,as well as research the opportunity and necessity of the development of inventory pledge.On the basis of literature review of domestic and foreign stock pledge financing,this paper summarizes the relevant theories,introduces the connotation and business model of supply chain finance and inventory pledge financing,and summarizes the advantages of unified credit mode.Secondly,the paper analyzes the feasibility and problems of carrying out the inventory pledge financing services in the electronics industry.The comparison between this study and previous studies is made.Secondly,in view of the short life cycle of electronic products industry,it is proposed that3 PL should make different inventory pledge financing service decisions in the different stages of the life cycle of the pledge,in order to obtain the maximum expected profit.In the electronic products just listed on the stage,based on the price unchanged but the demand changes,the inventory decision model of unified credit inventory is established.And the paper introduces the core pledge repurchase guarantee behavior of vendor financing in the model.The downside risk control model is introduced,which will reduce and transfer the risk of doing business of 3PL.This paper discusses the logistics enterprises in the case of the highest quality and the maximum expected rate of profit.And the paper further study the repurchase rate,repurchase price and the the relationship between the highest quality and the maximum expected profit.And then,the second stage of the electronic product market is studied,that is,the price and demand of the collateral are changed randomly at the same time.Based on the complexity and risk,3PL is not only introduce the risk control model,but enterprises need pay more security deposit to reduce business risk.In this paper,we discuss the best rate of 3PL and the optimal expected profit of the business,and further study the relationship between the factors and the maximum expected profit,such as the margin,repurchase price,repurchase rate and the highest quality.Finally,through the large logistics group D for M company to carry out a certain type of mobile phone inventory pledge financing business is as the background.First,the analysis of D company changes in the pledge price and demand at the same time and rate,repurchase price and margin repurchase in different circumstances,we observe the changes of the optimal ratio and the expected profit,and verify the correlation between the influencing factors and decision factors.D company make the maximum expected profit and the highest quality rate decision.I hope the paper can provide a reference for 3PL to carry out the inventory pledge financing services in the electronics industry.