Manufacturers’ Financing Strategy: Bank Credit， Retailer Credit or Blockchain-Driven SCF

doi:10.12068/j.issn.1005-3026.2021.08.020

Abstract

Abstract: Under the revenue-sharing contract， bank credit financing， retailer credit financing and blockchain-driven SCF (supply chain finance) are compared， the optimal strategies of supply chain actors are analyzed under different financing models， and the supply chain performances are studied as parameters vary. Research shows that if the capital cost of retailers is less than that of manufacturers， retailer credit financing is a better financing strategy; there are two threshold points of platform usage fee， and when the platform usage fee is lower than that of the low threshold point， blockchain-driven SCF is superior to the other two financing strategies. Moreover， as the revenue sharing rate and the profits of manufacturers increase， the profits of retailers decrease.

Key words: blockchain-driven SCF; bank credit; retailer credit; revenue-sharing contract; supply chain decision

CLC Number:

F274
F832

TANG Dan， ZHUANG Xin-tian. Manufacturers’ Financing Strategy: Bank Credit， Retailer Credit or Blockchain-Driven SCF[J]. Journal of Northeastern University(Natural Science), 2021, 42(8): 1202-1209.

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