Research On Pricing Of Dynamic Pledged Financing Service Based On Inventory Combination Discipline

JME Company(Jiangxi Postal Express Logistics Company)is a provider of inventory pledge financing services.Currently,it provides the single-category inventory static pledge financing service,which is based on cost-plus-cost method based on warehousing service cost and interest expense.At the beginning of the deposit,the pledge financing service fee is collected at one time,and the service rncome is obtained,mainly including warehousing service income and interest income.In practice,small and medium-sized frnancuig companies often have multiple inventories,and they can use multiple inventories to form pledges for financing,Moreover,the market price of inventory has volatility.When the price of in'entory increase,the total market value of pledge inventory is higher than the total value of pledge credit at the beginning of the period.Small and medium-sized financing enterprises need to raise the inventory(dynamic)of the total value that higher than the pledge credit,and it can trade in the market to increase profits,This will raise the need for new inventory pledge financing services for JME.Moreover,when the price of inventories decline,the total market value of pledged inventories is lower than the total value of pledged claims at the beginning of the period,and JME can also request small and medium-sized financing companies to replenish stocks(dynamics)below the total value of pledged claims,reducing losses and risks.Therefore,JME can consider providing dynamic pledge financing services based on inventory combination and with the goal of maximizing profits,it,has important theoreticarand practical value for the pricing of dynamic pledge financing services based on inventory combination.The main innovative results of the paper are as follows.JME company inventory pledge financing service pricing status analysis and existing problems.Firstly,the pricing composition and calculation formula of JME's existing single-category inventory static pledge financing service are given,calculate the income and profit obtained from the single-category inventory static pledge financing service pricing.Secondly,combined with the data of three financing companies in 2017,the results show that JME's single-category inventory static pledge financing service price will cause JME to lose the opportunity to obtain additional warehousing service income and interest income,risk estimation loss,and loss of part.Inventory pledge financing services business volume,reducing customer volume.Model construction and pricing scheme of inventory pledge financing service of JME.With the maximum profit of JME company as the target,the pricing model of dynamic pledge financing service based on inventory portfolio will be established and solved.The model will be applied to optimize the pricing of JME's inventory pledge financing service,and the pricing before optimization will be compared and analyzed.Comparing the profit obtained by providing the dynamic pledge financing service based on the inventory combination with the profit obtained by JME company before the optimization of the single-category inventory static pledge financing service,the results show that the optimized pricing of dynamic pledge financing service based on inventory portfolio will increase the profit of JME company effectively.This paper analyzes and studies the problems of JME company's single-category static pledge financing service pricing,and proposes a feasible pricing plan for JME company's inventory pledge financing service pricing,which provides a reference for increasing JME's inventory pledge financing service income and profit.