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Algorithm Research & Explore
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404-410

Third party logistics financing and logistics service decision-making under competition of suppliers

Ma Zhonghua
Xu Xueqin
School of Economics & Management, Shanghai Maritime University, Shanghai 201306, China

Abstract

This paper studied the financing strategy selection problem of third-party logistics enterprise(3PL) when suppliers in a competitive relationship face financial constraints. It considered the two-echelon supply chain composed of two competitive suppliers and one retailer, and 3PL provides the supply chain for purchasing, logistics and financing services. Considered two scenarios of providing financing to supplier to get a price discount and taking into account additional cost of capital in purchasing, 3PL makes decision whether to finance to a supplier. It established the model of profits of 3PL, suppliers and retailer under different circumstances, and presented retailer’s and suppliers’ optimal price decision, and 3PL’s optimal logistics service price decision. It analyzed 3PL’s positive role of participating in the supply chain financing by comparing the earnings of enterprises before and after financing. This research shows that providing financing to a supplier with a shortage of funds will increase the revenues of 3PL, the retailer and the overall supply chain, and 3PL is more willing to provide financing to supplier when considering its own cost of capital. It also shows that the more competitive the suppliers, the greater the benefits of the 3PL and the retailer.

Foundation Support

国家自然科学基金资助项目(71373157,71301045,71571117)
上海市高校能力提升计划资助项目(15590501800)
上海海事大学研究生创新项目(2017ycx015)

Publish Information

DOI: 10.19734/j.issn.1001-3695.2017.08.0876
Publish at: Application Research of Computers Printed Article, Vol. 36, 2019 No. 2
Section: Algorithm Research & Explore
Pages: 404-410
Serial Number: 1001-3695(2019)02-020-0404-07

Publish History

[2019-02-05] Printed Article

Cite This Article

马中华, 徐学勤. 供应商竞争关系下的第三方物流融资及物流服务决策 [J]. 计算机应用研究, 2019, 36 (2): 404-410. (Ma Zhonghua, Xu Xueqin. Third party logistics financing and logistics service decision-making under competition of suppliers [J]. Application Research of Computers, 2019, 36 (2): 404-410. )

About the Journal

  • Application Research of Computers Monthly Journal
  • Journal ID ISSN 1001-3695
    CN  51-1196/TP

Application Research of Computers, founded in 1984, is an academic journal of computing technology sponsored by Sichuan Institute of Computer Sciences under the Science and Technology Department of Sichuan Province.

Aiming at the urgently needed cutting-edge technology in this discipline, Application Research of Computers reflects the mainstream technology, hot technology and the latest development trend of computer application research at home and abroad in a timely manner. The main contents of the journal include high-level academic papers in this discipline, the latest scientific research results and major application results. The contents of the columns involve new theories of computer discipline, basic computer theory, algorithm theory research, algorithm design and analysis, blockchain technology, system software and software engineering technology, pattern recognition and artificial intelligence, architecture, advanced computing, parallel processing, database technology, computer network and communication technology, information security technology, computer image graphics and its latest hot application technology.

Application Research of Computers has many high-level readers and authors, and its readers are mainly senior and middle-level researchers and engineers engaged in the field of computer science, as well as teachers and students majoring in computer science and related majors in colleges and universities. Over the years, the total citation frequency and Web download rate of Application Research of Computers have been ranked among the top of similar academic journals in this discipline, and the academic papers published are highly popular among the readers for their novelty, academics, foresight, orientation and practicality.


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