供應(yīng)鏈融資優(yōu)化供應(yīng)鏈的資金流動(dòng)【外文翻譯】

1、外文題目：Supplychainfinance:optimizingfinancialflowsinsupplychains出處：SpringerVerlag2009作者：HansChristianPfohl?MitzGomm原文：Supplychainfinance:optimizingfinancialflowsinsupplychainsAbstractIssuesrelatedtoflowsofgoodsinfmationare

2、frequentlydiscussedinthelogisticsSupplyChainManagementliterature.Butonlyfewcontributionsareexplingthefinancialflowsassociatedwithsupplychains.Thisarticlereviewsthestateoftheartofresearchregardingfinancialflowsinsupplycha

3、ins.Indoingsoitbecomesapparentthatanexplicitexaminationoptimisationofthecostofcapitalhasbeenmissingsofar.Indertoclosethisgapaconceptualframewkamathematicalmodelof‘‘SupplyChainFinance’’isproposed.1.Supplychainfinance—rese

4、archgapSupplychainmanagement(SCM)isappliedintoday’sbusinesswldtooptimisetheflowsofgoodsinfmationthefinancialflowswithinbetweencompaniesbyfunctionalcrosscompanyintegration.1InthepastacademicpapersregardingSCMmainlydealtwi

5、ththedesignoptimisationoftheflowsofgoodsinfmation.ThefinancialflowsbetweencompaniesofthesupplychainhoweverwereoftenneglectedhaveonlyrecentlyfoundgreaterattentionintheacademicSCMliterature.Thispaperanalysestheroleoffinanc

6、ialflowsinsupplychainstheimpactSCMcanhaveonoptimisingsuchflowsintermsofcapitalcost.AframewkfthefinancialaspectsofSCMisdeveloped.Furthermeamathematicalmodelisproposedtoexplainfinancingactivitiesacrosssupplychainswhicharer

7、eferredtoas‘‘supplychainfinancing’’(SCF).ThebasicideaofthemodelisthatsupplychainBeyondtheoptimisationoftheflowofgoodswithafocusonthephysicalreductioninstockstheyanalysetheinstrumentsofcashmanagement.Asprimaryleversfmanag

8、ementtheyconsideroptimaltimingofactivitiesthecontrolofreceivablesliabilitiesadvancepayments.Meovertheoptimisationsupptoftheinventycashmanagementsaredescribedwithinthescopeofprocessmanagement.StemmlerSeuringwereamongstthe

9、firstauthstousetheterm‘‘supplychainfinance’’.Theyspeakofthecontroloptimisationoffinancialflowsinducedbylogistics.Logisticallyinducedfinancialprocessescompriseinventymanagementthehlingofthelogisticallyinducedfinancialflow

10、saswellasthesupptingprocesseswithanimmediatereferencetologisticsasfexampletheinsurancemanagementfstocks.Anotherapproachtotheoptimisationoffinancialflowswithinsupplychainsis‘‘logisticsfinancing’’asdefinedbyStenzel:the‘‘[…

11、]activemarketingoffinancialservicesinadditiontologisticsservicesbylogisticsserviceproviders.’’Thisopensupanotherfieldofcompetenceflogisticsserviceproviderswithinthescopeoffinancinglogisticsstructures.InthiscontextSteinmu

12、llerexaminespossibilitiestofinancelogisticsrealestateFeinenparticularlydealswiththeleasingoflogisticsrealestates.Theterm‘‘FinancialChainManagement(FCM)’’whichisalsousedinthecontextoffinancialflowresearchhastobeseenincont

13、rasttothetermsupplychainfinance.ThefmerhasparticularlycometobeknowninliteraturepracticeinconnectiontosoftwareproductsbySAPAGisdefinedasthesumofthe‘‘financialflowsinacrosscompanies’’.TheprocessesthathavetobemanagedbytheFC

14、Marethusreducedtotheprocessingstepsofthebusinessinitiationbusinesstransactionprocesses.FCMissupposedtooptimizecrosscompanyfinancialprocessesusingcollabativeautomatictransactionsbetweensupplierscustomersaswellasfinanciall

15、ogisticsserviceproviders.Consequentlyadecisiveroleisattributedtoinfmationcommunicationtechnologysothatmainlytheflowsofinfmationdocumentsareaffected.Acommongroundfthecontributionsintheliteratureisthefocusonthefinancialimp