Research On Supply Chain Financial Decision-making For Online And Offline Risk Bearers

With the advent of the Internet era,e-commerce has gradually penetrated into all aspects of enterprise production management,and also has a profound impact on the development of supply chain finance.Under the blessing of Internet technology,the whole process of logistics,capital flow and information flow in the supply chain is more transparent,and they can be monitored in real time,which is of great significance for reducing the risk management of supply chain.At the same time,with the dissemination of information,the upstream enterprises is more flexible to respond to demand fluctuations,thereby enhancing the performance level of the entire supply chain.On the basis of in-depth study of traditional supply chain finance theory,this paper combines the Internet with the traditional supply chain financial model,and establishes an online supply chain financial platform to provide financing services for small and medium enterprises in the supply chain.The financing difficulty of small and mediumsized enterprises in the supply chain is a very prominent problem.The higher level of risk control ability is one of the fundamental reasons why the online supply chain financial platform is willing to provide financing services for SMEs.From the perspective of revenue,default risk,financing cost and supply chain coordination,this paper studies the offline supply chain finance mode and online supply chain finance mode.In the off-line model,manufacturers need to assume the retailer's risk of repayment,this paper established the supply chain profit model,and discusses the supply chain coordination conditions.In the online model,the retailer and the platform sign a revenue sharing contract,and platform bears financing risk.The platform will raise financing application when it cannot meet the financing needs of its own funds.Also,this paper established the supply chain profit model,the cost of default and coordination conditions is studied.Finally,this thesis makes a contrastive analysis of the two modles,the main conclusions are as follows:(1)in different modles,because of different stakeholders,the revenue of members in the supply chain has also changed;(2)the financing rates of supply chain finance platform is relevant to retailer loans and revenue sharing parameters,and the platform will provide lower financing rates in certain conditions.