供应链融资优化供应链的资金流动.docxVIP

供应链融资：优化供应链的资金流动 [ 文献翻译 ] 外文题目： Supply chain finance: optimizing financial flows in supply chains 出 处： Springer-Verlag 2009 作 者： Hans-Christian Pfohl ?6?1 Moritz Gomm原 文： Supply chain finance: optimizing financial flows in supply chains Abstract Issues related to flows of goods and information are frequently discussed in the logistics and Supply Chain Management literature. But, only few contributions are exploring the financial flows associated with supply chains. This article reviews the state-of-the-art of research regarding financial flows in supply chains. In doing so, it becomesapparent that an explicit examination and optimisation of the cost of capital has been missing so far. In order to close this gap, a conceptual framework and a mathematical model o f ‘‘ Supply Chain Finance ’’ is proposed. 1.Supply chain finance —research gap Supply chain management (SCM) is applied in today ’s business world to optimise the flows of goods, information, and the financial flows within and between companies by functional and cross-company integration.1 In the past, academic papers regarding SCMmainly dealt with the design and optimisation of the flows of goods and information.The financial flows between companies of the supply chain, however, were often neglected and have only recently found greater attention in the academic SCMliterature. This paper analyses the role of financial flows in supply chains and the impact SCM can have on optimising such flows in terms of capital cost. A framework for the financial aspects of SCMis developed. Furthermore, a mathematical model is proposed to explain financing activities across supply chains, which are referred to as ‘‘ supply chain financing ’’ (SCF). The basic idea of the model is that supply chain information can be used to decrease investment risks and thus capital costs of financing projects within supply chains. First, in this paper, supply chain flows are analysed, and the role of financial aspects are discussed