The Research on Supply Chain's Short-term Finance Model with Manufacturer-led

This paper will study a new financing model of the supply chain finance. We build a supply chain financial system consist of one manufacturer, one wholesaler and one commercial bank, to discuss how to make financing and operational decisions when the wholesaler get determined orders, and there exists cash constraints in both the wholesaler and manufacturer. What we consider is the wholesaler, along with the manufacturer, proposing a financial requirement to the bank and coordinating financial conditions with it, in order to sign a financing contract for loan payments that can be offered to the manufacturer as earnest money for production. Then the manufacturer attains enough cash by free-riding so that it can continue production smoothly. In this paper, we try to study the impact of different financing policies on the supply chain's profit and demonstrate that it will be better and sacrifice more to the GDP in the financing mode we propose.