Research Article
The Complex Economic System of Supply Chain Financing
@INPROCEEDINGS{10.1007/978-3-642-02466-5_74, author={Lili Zhang and Guangle Yan}, title={The Complex Economic System of Supply Chain Financing}, proceedings={Complex Sciences. First International Conference, Complex 2009, Shanghai, China, February 23-25, 2009. Revised Papers, Part 1}, proceedings_a={COMPLEX PART 1}, year={2012}, month={5}, keywords={supply chain financing small and medium enterprises financing information economics optimization}, doi={10.1007/978-3-642-02466-5_74} }
- Lili Zhang
Guangle Yan
Year: 2012
The Complex Economic System of Supply Chain Financing
COMPLEX PART 1
Springer
DOI: 10.1007/978-3-642-02466-5_74
Abstract
Supply Chain Financing (SCF) refers to a series of innovative and complicated financial services based on supply chain. The SCF set-up is a complex system, where the supply chain management and Small and Medium Enterprises (SMEs) financing services interpenetrate systematically. This paper establishes the organization structure of SCF System, and presents two financing models respectively, with or without the participation of the third-party logistic provider (3PL). Using Information Economics and Game Theory, the interrelationship among diverse economic sectors is analyzed, and the economic mechanism of development and existent for SCF system is demonstrated. New thoughts and approaches to solve SMEs financing problem are given.