Title :
Study on Features of Logistics Finance of Supply Chain System and Pledge/Factoring Model
Author :
Wang Yang ; Yu Dong-Lin ; Luo Yuan-Jing ; Hao Hong-yu
Author_Institution :
Sch. of Bus. Adm., South China Univ. of Technol., Guangzhou
Abstract :
Logistics finance of supply chain system has the openness feature with nonlinear and complexity. The financing effect of supply chain system´s logistics/commercial banks can enhance its effectiveness and gain the appreciation of capital flow and the maximization of system´s financing amount. The logistics financing amount of supply chain system is the nonlinear integration of each fractal unit´s financing amount. As an innovative model of logistics finance with a broad business prospect the pledge/factoring financing based on supply chain system changes the state of commercial banks applying inventory financing or factoring finance separately. Commercial banks are involved in the logistics finance of supply chain system and achieve the effectiveness appreciation of commercial banks/supply chain system.
Keywords :
banking; financial management; industrial economics; optimisation; supply chain management; supply chains; capital flow; commercial bank; fractal unit; innovative model; logistics finance; maximization; nonlinear complex system; pledge-factoring model; supply chain system; Business; Contracts; Finance; Fractals; Logistics; Manufacturing; Production; Risk management; Supply chain management; Supply chains;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location :
Dalian
Print_ISBN :
978-1-4244-2107-7
Electronic_ISBN :
978-1-4244-2108-4
DOI :
10.1109/WiCom.2008.1455