英文摘要 |
Nowadays, supply chain usually develops a model that a retailer outsources its order to smaller suppliers to meet the customer’s demand. Unfortunately, suppliers often face the problem of lacking financial support, which leads them unable to deliver their product to retailer on time or to violate the contract. When it happens, it will erode the whole supply chain’s operation effectiveness and its own profit. This research proposes a credit guarantee mechanism in which the bargaining behavior between a supplier and a retailer is discussed. This mechanism is initiated by the retailer actively such that the supplier can borrow the financial support from bank to cover its manufacturing cost. By doing this, we hope that the total supply chain’s profit and welfare can increase. Our research shows that the retailer and the supplier should cooperate much more tightly with each other to increase the whole supply chain’s profit. Besides, the retailer and the bank should pay much more attention to decide the loan-to-value (LTV) when a credit guarantee mechanism is setup since the value of LTV will have greatly impact on whole supply chain’s profit. |