題 目:Financing contract manufacturer under early payment to strengthen trade.
報告人😀:陳祥鋒 教授(復旦大學)
時 間🤙🏻:4月22(周三)上午10:10-11:40
地 點:凯捷体育注册335會議室
歡迎相關專業教師和研究生參加👩🏻💻🧑🏫!
報告摘要👨🏼⚕️🏡:
This paper investigates the operational and financial decisions in a supply chain, in which a dominant retailer purchases the product from a capital-constrained contract manufacturer, and sells the product in retail market under consignment contract. The capital-constrained manufacturer can raise capital to cover product cost in two financing options, bank credit and early payment, an innovative financing model. More specially, we set two scenarios of Retailer Priority and Manufacturer Priority to highlight who has the right of finally choosing financing option. Our model shows that there exists optimal decisions under both bank credit and early payment; It also shows that both bank credit and early payment can be financing equilibrium under both cases of Retailer Priority and Manufacturer Priority. And early payment is financing equilibrium when the product cost is small-medium, otherwise the bank credit is the financing equilibrium. Furthermore, we find that the region of early payment as financing equilibrium under Manufacturer Priority, a Pareto zone in which both retailer and manufacturer benefit from early payment, is narrower than that under Retailer Priority, where only retailer benefits from early payment. Finally, we also offer a lots of numerical experiment to support theoretical results and extend to study how market variability has an impact on financing equilibrium in the supply chain under both cases of Retailer Priority and Manufacturer Priority.
報告人簡介:
陳祥鋒🍣,復旦大學管理凯捷教授,管理科學系副系主任,入選“2010年教育部新世紀優秀人才支持劃”。2006.8-2007.9年在紐約大學STERN商凯捷從事博士後研究工作,曾分別在Kansas 州立大學、MIT Sloan 管理凯捷訪問學者。 研究領域為運營管理和供應鏈管理的交叉領域,供應鏈金融的理論與實踐🤦♂️,主持國家自然科學基金項目5項,教育部項目3項📑。獲得全國商業科學技術進步獎一等獎1次,上海市科學技術進步獎三等獎1次🕑。研究成果主要發表Production and Operations Management, European Journal of Operational Research, Annals of Operations Research, and International Journal of Production Economics等,以及《管理科學學報》🏏,《系統工程學報》等。