Open Access
Issue
RAIRO-Oper. Res.
Volume 59, Number 1, January-February 2025
Page(s) 355 - 390
DOI https://doi.org/10.1051/ro/2024213
Published online 04 February 2025
  • Y. Alan and V. Gaur, Operational investment and capital structure under asset-based lending. Manuf. Serv. Oper. Manage. 20 (2018) 637–654. [CrossRef] [Google Scholar]
  • T. Avinadav and P. Levy, The effect of an uncertain commission rate on the decisions of a capital-constrained developer. Oper. Res. Perspect. 11 (2023) 100288. [Google Scholar]
  • G. Bi, Y. Fei, X. Yuan and D. Wang, Joint operational and financial collaboration in a capital-constrained supply chain under manufacturer collateral. Asia-Pac. J. Oper. Res. 35 (2018) 1850010. [CrossRef] [MathSciNet] [Google Scholar]
  • J.R. Birge, Om forum – operations and finance interactions. Manuf. Serv. Oper. Manage. 17 (2015) 4–15. [CrossRef] [Google Scholar]
  • J.A. Buzacott and R.Q. Zhang, Inventory management with asset-based financing. Manage. Sci. 50 (2004) 1274–1292. [Google Scholar]
  • G. Cachon and C. Terwiesch, Matching Supply with Demand. Vol. 20012. McGraw-Hill Publishing New York (2008). [Google Scholar]
  • E. Cao and M. Yu, Trade credit financing and coordination for an emission-dependent supply chain. Comput. Ind. Eng. 119 (2018) 50–62. [CrossRef] [Google Scholar]
  • S. Chakuu, D. Masi and J. Godsell, Exploring the relationship between mechanisms, actors and instruments in supply chain finance: a systematic literature review. Int. J. Prod. Econ. 216 (2019) 35–53. [CrossRef] [Google Scholar]
  • X. Chen, A model of trade credit in a capital-constrained distribution channel. Int. J. Prod. Econ. 159 (2015) 347–357. [Google Scholar]
  • X. Chen and A. Wang, Trade credit contract with limited liability in the supply chain with budget constraints. Ann. Oper. Res. 196 (2012) 153–165. [Google Scholar]
  • J. Chen, Y.-W. Zhou and Y. Zhong, A pricing/ordering model for a dyadic supply chain with buyback guarantee financing and fairness concerns. Int. J. Prod. Res. 55 (2017) 5287–5304. [CrossRef] [Google Scholar]
  • M. Dada and Q. Hu, Financing newsvendor inventory. Oper. Res. Lett. 36 (2008) 569–573. [CrossRef] [MathSciNet] [Google Scholar]
  • F. Emtehani, N. Nahavandi and F.M. Rafiei, An operations-finance integrated model with financial constraints for a manufacturer in a multi-supplier multi-product supply chain. Comput. Ind. Eng. 153 (2021) 107102. [CrossRef] [Google Scholar]
  • Y. Fan, Y. Feng and Y. Shou, A risk-averse and buyer-led supply chain under option contract: CVAR minimization and channel coordination. Int. J. Prod. Econ. 219 (2020) 66–81. [CrossRef] [Google Scholar]
  • K.A. Froot and D.S. Scharfstein, A framework for risk management. Harvard Bus. Rev. 72 (1994) 91–101. [Google Scholar]
  • X. Ge, S. Ma, G. Wang, Y. Teng, Q. Qian and H. Jiang, Research on decision analysis with cvar for supply chain finance based on partial credit guarantee and blockchain technology. Manage. Decis. Econ. 45 (2024) 1395–1413. [CrossRef] [Google Scholar]
  • E. Hofmann, Supply chain finance: some conceptual insights. Beitr¨age Zu Beschaffung Und Logistik 16 (2005) 203–214. [Google Scholar]
  • E. Hofmann, Supply Chain Finance Solutions. Springer (2011). [CrossRef] [Google Scholar]
  • M.R. Hossain, F. Akhter and M.M. Sultana, SMES in covid-19 crisis and combating strategies: a systematic literature review (SLR) and a case from emerging economy. Oper. Res. Perspect. 9 (2022) 100222. [Google Scholar]
  • B. Hu, J. Qu and C. Meng, Supply chain coordination under option contracts with joint pricing under price-dependent demand. Int. J. Prod. Econ. 205 (2018) 74–86. [CrossRef] [Google Scholar]
  • S. Hua, J. Liu, T.C.E. Cheng and X. Zhai, Financing and ordering strategies for a supply chain under the option contract. Int. J. Prod. Econ. 208 (2019) 100–121. [CrossRef] [Google Scholar]
  • B. Huang, A. Wu and D. Chiang, Supporting small suppliers through buyer-backed purchase order financing. Int. J. Prod. Res. 56 (2018) 6066–6089. [CrossRef] [Google Scholar]
  • J. Huang, W. Yang and Y. Tu, Supplier credit guarantee loan in supply chain with financial constraint and bargaining. Int. J. Prod. Res. 57 (2019) 7158–7173. [CrossRef] [Google Scholar]
  • W.-H. Jiang, L. Xu, Z.-S. Chen, K. Govindan and K.-S. Chin, Financing equilibrium in a capital constrained supply chain: the impact of credit rating. Transp. Res. Part E: Logistics Transp. Rev. 157 (2022) 102559. [CrossRef] [Google Scholar]
  • W. Jin, Q. Zhang and J. Luo, Non-collaborative and collaborative financing in a bilateral supply chain with capital constraints. Omega 88 (2019) 210–222. [Google Scholar]
  • B. Jing and A. Seidmann, Finance sourcing in a supply chain. Decis. Support Syst. 58 (2014) 15–20. [CrossRef] [Google Scholar]
  • P. Kouvelis and F. Xu, A supply chain theory of factoring and reverse factoring. Manage. Sci. 67 (2021) 6071–6088. [CrossRef] [Google Scholar]
  • P. Kouvelis and W. Zhao, The newsvendor problem and price-only contract when bankruptcy costs exist. Prod. Oper. Manage. 20 (2011) 921–936. [Google Scholar]
  • P. Kouvelis and W. Zhao, Supply chain contract design under financial constraints and bankruptcy costs. Manage. Sci. 62 (2016) 2341–2357. [Google Scholar]
  • P. Kouvelis and W. Zhao, Who should finance the supply chain? impact of credit ratings on supply chain decisions. Manuf. Serv. Oper. Manage. 20 (2018) 19–35. [CrossRef] [Google Scholar]
  • Z. Lai, G. Lou, H. Ma, S.-H. Chung, X. Wen and T. Fan, Optimal green supply chain financing strategy: internal collaborative financing and external investments. Int. J. Prod. Econ. 253 (2022) 108598. [CrossRef] [Google Scholar]
  • C.H. Lee and B.-D. Rhee, Coordination contracts in the presence of positive inventory financing costs. Int. J. Prod. Econ. 124 (2010) 331–339. [CrossRef] [Google Scholar]
  • C.H. Lee and B.-D. Rhee, Trade credit for supply chain coordination. Eur. J. Oper. Res. 214 (2011) 136–146. [CrossRef] [Google Scholar]
  • S.D. Lekkakos and A. Serrano, Supply chain finance for small and medium sized enterprises: the case of reverse factoring. Int. J. Phys. Distrib. Logistics Manage. 46 (2016). DOI: 10.1108/IJPDLM-07-2014-0165. [CrossRef] [Google Scholar]
  • B. Li, S.-M. An and D.-P. Song, Selection of financing strategies with a risk-averse supplier in a capital-constrained supply chain. Transp. Res. Part E: Logistics Transp. Rev. 118 (2018) 163–183. [CrossRef] [Google Scholar]
  • Y. Li, L. Liu, L. Feng, W. Wang and F. Xu, Optimal financing models offered by manufacturers with risk aversion and market competition considerations. Decis. Sci. 51 (2020) 1411–1454. [CrossRef] [Google Scholar]
  • Q. Lin and J. He, Supply chain contract design considering the supplier’s asset structure and capital constraints. Comput. Ind. Eng. 137 (2019) 106044. [CrossRef] [Google Scholar]
  • Q. Lin and Y. Xiao, Retailer credit guarantee in a supply chain with capital constraint under push & pull contract. Comput. Ind. Eng. 125 (2018) 245–257. [CrossRef] [Google Scholar]
  • Q. Lin, Y. Peng and Y. Hu, Supplier financing service decisions for a capital-constrained supply chain: trade credit vs. combined credit financing. J. Ind. Manage. Opt. 16 (2020). [Google Scholar]
  • H. Liu and Q. Yan, Revenue-sharing contract in a three-tier online supply chain under EB platform financing. Finan. Res. Lett. 59 (2024) 104773. [CrossRef] [Google Scholar]
  • Q. Lu, J. Gu and J. Huang, Supply chain finance with partial credit guarantee provided by a third-party or a supplier. Comput. Ind. Eng. 135 (2019) 440–455. [Google Scholar]
  • Y. Luo, Q. Wei, Q. Ling and B. Huo, Optimal decision in a green supply chain: bank financing or supplier financing. J. Clean. Prod. 271 (2020) 122090. [CrossRef] [Google Scholar]
  • D. More and P. Basu, Challenges of supply chain finance: a detailed study and a hierarchical model based on the experiences of an indian firm. Bus. Process Manage. J. 19 (2013) 624–647. [CrossRef] [Google Scholar]
  • L. Moussawi-Haidar, W. Dbouk, M.Y. Jaber and I.H. Osman, Coordinating a three-level supply chain with delay in payments and a discounted interest rate. Comput. Ind. Eng. 69 (2014) 29–42. [CrossRef] [Google Scholar]
  • J. Ni, L.K. Chu and Q. Li, Capacity decisions with debt financing: the effects of agency problem. Eur. J. Oper. Res. 261 (2017) 1158–1169. [Google Scholar]
  • J. Qin, Y. Han, G. Wei and L. Xia, The value of advance payment financing to carbon emission reduction and production in a supply chain with game theory analysis. Int. J. Prod. Res. 58 (2020) 200–219. [CrossRef] [Google Scholar]
  • N.R. Srinivasa Raghavan and V.K. Mishra, Short-term financing in a cash-constrained supply chain. Int. J. Prod. Econ. 134 (2011) 407–412. [CrossRef] [Google Scholar]
  • M. Reindorp, F. Tanrisever and A. Lange, Purchase order financing: credit, commitment, and supply chain consequences. Oper. Res. 66 (2018) 1287–1303. [CrossRef] [MathSciNet] [Google Scholar]
  • J. Shi, Q. Du, F. Lin, Y. Li, L. Bai, R.Y.K. Fung and K.K. Lai, Coordinating the supply chain finance system with buyback contract: a capital-constrained newsvendor problem. Comput. Ind. Eng. 146 (2020) 106587. [CrossRef] [Google Scholar]
  • Y. Su and B. Zhong, Supply chain finance decision analysis with a partial credit guarantee contract. J. Appl. Math. Phys. 5 (2017) 1355–1369. [CrossRef] [Google Scholar]
  • B. Tian, Y. Lu, L. Yu and X. Chang, Optimal financing strategies for a risk-averse supplier under the CVAR criterion in a capital-constrained supply chain. J. Oper. Res. Soc. 75 (2024) 1643–1661. [CrossRef] [Google Scholar]
  • P. Vandenberg, Adapting to the financial landscape: evidence from small firms in Nairobi. World Dev. 31 (2003) 1829–1843. [Google Scholar]
  • A. Wu, A supportive pricing model for suppliers with purchase order financing. Int. J. Prod. Res. 55 (2017) 5632–5646. [CrossRef] [Google Scholar]
  • C.-F. Wu, M. Fathi, D.M. Chiang and P.M. Pardalos, Credit guarantee mechanism with information asymmetry: a single sourcing model. Int. J. Prod. Res. 58 (2020) 4877–4893. [CrossRef] [Google Scholar]
  • S. Xiao, S.P. Sethi, M. Liu and S. Ma, Coordinating contracts for a financially constrained supply chain. Omega 72 (2017) 71–86. [CrossRef] [Google Scholar]
  • X. Xu and J.R. Birge, Joint production and financing decisions: modeling and analysis. Available at SSRN 652562 (2004). [Google Scholar]
  • S. Xu and L. Fang, Partial credit guarantee and trade credit in an emission-dependent supply chain with capital constraint. Transp. Res. Part E: Logistics Transp. Rev. 135 (2020) 101859. [CrossRef] [Google Scholar]
  • X. Xu, X. Cheng and Y. Sun, Coordination contracts for outsourcing supply chain with financial constraint. Int. J. Prod. Econ. 162 (2015) 134–142. [CrossRef] [Google Scholar]
  • X. Xu, X. Chen, F. Jia, S. Brown, Y. Gong and Y. Xu, Supply chain finance: a systematic literature review and bibliometric analysis. Int. J. Prod. Econ. 204 (2018) 160–173. [CrossRef] [Google Scholar]
  • N. Yan and B. Sun, Coordinating loan strategies for supply chain financing with limited credit. OR Spect. 35 (2013) 1039–1058. [CrossRef] [Google Scholar]
  • N. Yan and B. Sun, Comparative analysis of supply chain financing strategies between different financing modes. J. Ind. Manage. Opt. 11 (2015) 1073–1087. [CrossRef] [Google Scholar]
  • N. Yan, H. Dai and B. Sun, Optimal bi-level stackelberg strategies for supply chain financing with both capital-constrained buyers and sellers. Appl. Stoch. Models Bus. Ind. 30 (2014) 783–796. [CrossRef] [MathSciNet] [Google Scholar]
  • N. Yan, B. Sun, H. Zhang and C. Liu, A partial credit guarantee contract in a capital-constrained supply chain: financing equilibrium and coordinating strategy. Int. J. Prod. Econ. 173 (2016) 122–133. [Google Scholar]
  • N. Yan, C. Liu, Y. Liu and B. Sun, Effects of risk aversion and decision preference on equilibriums in supply chain finance incorporating bank credit with credit guarantee. Appl. Stoch. Models Bus. Ind. 33 (2017) 602–625. [CrossRef] [MathSciNet] [Google Scholar]
  • B. Yan, K. Luo, L.-F. Liu, Y.-R. Chen and Y.-F. Yang, Supply chain finance: a three-party decision model with suppliers’ guarantees for retailers. Manage. Decis. Econ. 41 (2020) 1174–1194. [CrossRef] [Google Scholar]
  • S.A. Yang and J.R. Birge, Trade credit, risk sharing and inventory financing portfolios. Manage. Sci. 64 (2018) 3667–3689. [CrossRef] [Google Scholar]
  • Q. Zhang, M. Dong, J. Luo and A. Segerstedt, Supply chain coordination with trade credit and quantity discount incorporating default risk. Int. J. Prod. Econ. 153 (2014) 352–360. [Google Scholar]
  • B. Zhang, D. Wu, L. Liang and D.L. Olson, Supply chain loss averse newsboy model with capital constraint. IEEE Trans. Syst. Man Cybern. Syst. 46 (2015) 646–658. [Google Scholar]
  • C. Zhang, Y. Wang and P. Ma, Optimal channel strategies in a supply chain under green manufacturer financial distress with advance payment discount. Int. Trans. Oper. Res. 28 (2021) 1347–1370. [CrossRef] [MathSciNet] [Google Scholar]
  • L. Zhao and A. Huchzermeier, Operations – finance interface models: a literature review and framework. Eur. J. Oper. Res. 244 (2015) 905–917. [CrossRef] [Google Scholar]
  • L. Zhao and A. Huchzermeier, Managing supplier financial distress with advance payment discount and purchase order financing. Omega 88 (2019) 77–90. [CrossRef] [Google Scholar]
  • H. Zhao, S. Song, Y. Zhang, J.N.D. Gupta, A.G. Devlin and R. Chiong, Supply chain coordination with a risk-averse retailer and a combined buy-back and revenue sharing contract. Asia-Pac. J. Oper. Res. 36 (2019) 1950028. [CrossRef] [MathSciNet] [Google Scholar]
  • H. Zhao, H. Wang, W. Liu, S. Song and Y. Liao, Supply chain coordination with a risk-averse retailer and the call option contract in the presence of a service requirement. Mathematics 9 (2021) 787. [CrossRef] [Google Scholar]
  • X. Zhen, D. Shi, Y. Li and C. Zhang, Manufacturer’s financing strategy in a dual-channel supply chain: third-party platform, bank, and retailer credit financing. Transp. Res. Part E: Logistics Transp. Rev. 133 (2020) 101820. [CrossRef] [Google Scholar]
  • W. Zhou, T. Lin and G. Cai, Guarantor financing in a four-party supply chain game with leadership influence. Prod. Oper. Manage. 29 (2020) 2035–2056. [CrossRef] [Google Scholar]

Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.

Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.

Initial download of the metrics may take a while.