題 目：Financing contract manufacturer under early payment to strengthen trade
報告人：陳祥鋒 教授（復(fù)旦大學(xué)）
時? 間：4月22（周三）上午10:10-11:40
地? 點：經(jīng)濟管理學(xué)院335會議室
報告摘要：
This paper investigates the operational and ?nancial decisions in a supply chain, in which a dominant retailer purchases the product from a capital-constrained contract manufacturer, and sells the product in retail market under consignment contract. The capital-constrained manufacturer can raise capital to cover product cost in two ?nancing options, bank credit and early payment, an innovative ?nancing model. More specially, we set two scenarios of Retailer Priority and Manufacturer Priority to highlight who has the right of ?nally choosing ?nancing option. Our model shows that there exists optimal decisions under both bank credit and early payment; It also shows that both bank credit and early payment can be ?nancing equilibrium under both cases of Retailer Priority and Manufacturer Priority. And early payment is ?nancing equilibrium when the product cost is small-medium, otherwise the bank credit is the ?nancing equilibrium. Furthermore, we ?nd that the region of early payment as ?nancing equilibrium under Manufacturer Priority, a Pareto zone in which both retailer and manufacturer bene?t from early payment, is narrower than that under Retailer Priority, where only retailer bene?ts from early payment. Finally, we also o?er a lots of numerical experiment to support theoretical results and extend to study how market variability has an impact on ?nancing equilibrium in the supply chain under both cases of Retailer Priority and Manufacturer Priority.
報告人簡介：
陳祥鋒，復(fù)旦大學(xué)管理學(xué)院教授，管理科學(xué)系副系主任，入選“2010年教育部新世紀(jì)優(yōu)秀人才支持劃”。2006.8-2007.9年在紐約大學(xué)STERN商學(xué)院從事博士后研究工作，曾分別在Kansas 州立大學(xué)、MIT Sloan 管理學(xué)院訪問學(xué)者。 研究領(lǐng)域為運營管理和供應(yīng)鏈管理的交叉領(lǐng)域，供應(yīng)鏈金融的理論與實踐，主持國家自然科學(xué)基金項目5項，教育部項目3項。獲得全國商業(yè)科學(xué)技術(shù)進步獎一等獎1次，上海市科學(xué)技術(shù)進步獎三等獎1次。研究成果主要發(fā)表Production and Operations Management, European Journal of Operational Research, Annals of Operations Research, and International Journal of Production Economics等，以及《管理科學(xué)學(xué)報》，《系統(tǒng)工程學(xué)報》等。
??
