The Cash Flow Advantages of 3PLs as Supply Chain Orchestrators
Author
Abstract
Suggested Citation
DOI: 10.1287/msom.2017.0667
Download full text from publisher
References listed on IDEAS
- Anantaram Balakrishnan & Harihara Prasad Natarajan & Michael S. Pangburn, 2000. "Optimizing Delivery Fees for a Network of Distributors," Manufacturing & Service Operations Management, INFORMS, vol. 2(3), pages 297-316, August.
- Petersen, Mitchell A & Rajan, Raghuram G, 1997.
"Trade Credit: Theories and Evidence,"
The Review of Financial Studies, Society for Financial Studies, vol. 10(3), pages 661-691.
- Mitchell A. Petersen & Raghuram G. Rajan, "undated". "Trade Credit: Theories and Evidence," CRSP working papers 322, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Mitchell A. Petersen & Raghuram G. Rajan, 1996. "Trade Credit: Theories and Evidence," NBER Working Papers 5602, National Bureau of Economic Research, Inc.
- Mike Burkart & Tore Ellingsen, 2004.
"In-Kind Finance: A Theory of Trade Credit,"
American Economic Review, American Economic Association, vol. 94(3), pages 569-590, June.
- Burkart, Mike & Ellingsen, Tore, 2004. "In-kind finance: a theory of trade credit," LSE Research Online Documents on Economics 69548, London School of Economics and Political Science, LSE Library.
- René Caldentey & Martin B. Haugh, 2009. "Supply Contracts with Financial Hedging," Operations Research, INFORMS, vol. 57(1), pages 47-65, February.
- Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
- Chen, Xiangfeng & Cai, Gangshu (George), 2011. "Joint logistics and financial services by a 3PL firm," European Journal of Operational Research, Elsevier, vol. 214(3), pages 579-587, November.
- Martin A. Lariviere & Evan L. Porteus, 2001. "Selling to the Newsvendor: An Analysis of Price-Only Contracts," Manufacturing & Service Operations Management, INFORMS, vol. 3(4), pages 293-305, May.
- Elena Belavina & Karan Girotra, 2012. "The Relational Advantages of Intermediation," Management Science, INFORMS, vol. 58(9), pages 1614-1631, September.
- Jing-Sheng Song, 1994. "The Effect of Leadtime Uncertainty in a Simple Stochastic Inventory Model," Management Science, INFORMS, vol. 40(5), pages 603-613, May.
- Diwakar Gupta & Lei Wang, 2009. "A Stochastic Inventory Model with Trade Credit," Manufacturing & Service Operations Management, INFORMS, vol. 11(1), pages 4-18, November.
- Charles W. Haley & Robert C. Higgins, 1973. "Inventory Policy and Trade Credit Financing," Management Science, INFORMS, vol. 20(4-Part-I), pages 464-471, December.
- Patrick Schittekat & Kenneth Sörensen, 2009. "OR Practice---Supporting 3PL Decisions in the Automotive Industry by Generating Diverse Solutions to a Large-Scale Location-Routing Problem," Operations Research, INFORMS, vol. 57(5), pages 1058-1067, October.
- Li Chen & A. Gürhan Kök & Jordan D. Tong, 2013. "The Effect of Payment Schemes on Inventory Decisions: The Role of Mental Accounting," Management Science, INFORMS, vol. 59(2), pages 436-451, September.
- Wei Luo & Kevin Shang, 2015. "Joint Inventory and Cash Management for Multidivisional Supply Chains," Operations Research, INFORMS, vol. 63(5), pages 1098-1116, October.
- Zhou, Yong-Wu & Wang, Sheng-Dong, 2009. "Manufacturer-buyer coordination for newsvendor-type-products with two ordering opportunities and partial backorders," European Journal of Operational Research, Elsevier, vol. 198(3), pages 958-974, November.
- Panos Kouvelis & Wenhui Zhao, 2012. "Financing the Newsvendor: Supplier vs. Bank, and the Structure of Optimal Trade Credit Contracts," Operations Research, INFORMS, vol. 60(3), pages 566-580, June.
- John A. Buzacott & Rachel Q. Zhang, 2004. "Inventory Management with Asset-Based Financing," Management Science, INFORMS, vol. 50(9), pages 1274-1292, September.
- Xiuli Chao & Jia Chen & Shouyang Wang, 2008. "Dynamic inventory management with cash flow constraints," Naval Research Logistics (NRL), John Wiley & Sons, vol. 55(8), pages 758-768, December.
- Elodie Adida & Nitin Bakshi & Victor DeMiguel, 2016. "Supplier Capacity and Intermediary Profits: Can Less Be More?," Production and Operations Management, Production and Operations Management Society, vol. 25(4), pages 630-646, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jiao Wang & Lima Zhao & Arnd Huchzermeier, 2021. "Operations‐Finance Interface in Risk Management: Research Evolution and Opportunities," Production and Operations Management, Production and Operations Management Society, vol. 30(2), pages 355-389, February.
- Kajjoune, Oussama & Aouam, Tarik & Zouadi, Tarik & Dairi, Meriem, 2021. "Dynamic lot-sizing with short-term financing and external deposits for a capital-constrained manufacturer," International Journal of Production Economics, Elsevier, vol. 242(C).
- Xiao, Yongbo & Zhang, Jihong, 2018. "Preselling to a retailer with cash flow shortage on the manufacturer," Omega, Elsevier, vol. 80(C), pages 43-57.
- Deng, Sijing & Fu, Ke & Xu, Jiayan & Zhu, Kaijie, 2021. "The supply chain effects of trade credit under uncertain demands," Omega, Elsevier, vol. 98(C).
- Kuan Zeng & Xianhao Xu & Pin Zhou & Qingguo Bai, 2024. "Financing the newsvendor with vendor credit line," Operations Management Research, Springer, vol. 17(3), pages 833-849, September.
- Jiri Chod, 2017. "Inventory, Risk Shifting, and Trade Credit," Management Science, INFORMS, vol. 63(10), pages 3207-3225, October.
- Xiao, Shuang & Sethi, Suresh P. & Li, Guo, 2024. "Trade credit vs. supplier-guaranteed financing: Role of friction costs," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 183(C).
- Xu, Xinhan & Chen, Xiangfeng & Jia, Fu & Brown, Steve & Gong, Yu & Xu, Yifan, 2018. "Supply chain finance: A systematic literature review and bibliometric analysis," International Journal of Production Economics, Elsevier, vol. 204(C), pages 160-173.
- S. Alex Yang & John R. Birge, 2018. "Trade Credit, Risk Sharing, and Inventory Financing Portfolios," Management Science, INFORMS, vol. 64(8), pages 3667-3689, August.
- Kajjoune, Oussama & Aouam, Tarik & Zouadi, Tarik & Ranjan, Ravi Prakash, 2023. "Dynamic lot-sizing in a two-stage supply chain with liquidity constraints and financing options," International Journal of Production Economics, Elsevier, vol. 258(C).
- Chen, Xiangfeng & Cai, Gangshu (George), 2011. "Joint logistics and financial services by a 3PL firm," European Journal of Operational Research, Elsevier, vol. 214(3), pages 579-587, November.
- Zhang, Shuhua & Tong, Xiangbin & Jin, Xing, 2023. "Contract design and comparison under the opportunity cost of working capital: Buyback vs. revenue sharing," European Journal of Operational Research, Elsevier, vol. 309(2), pages 845-856.
- Li Chen & A. Gürhan Kök & Jordan D. Tong, 2013. "The Effect of Payment Schemes on Inventory Decisions: The Role of Mental Accounting," Management Science, INFORMS, vol. 59(2), pages 436-451, September.
- Ma, Cheng & Dai, Yuankang & Li, Zhongfei, 2022. "Financing format selection for electronic business platforms with a capital-constrained e-tailer," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 162(C).
- Quansheng Lei & Zhelian Xu & Siqi Yang, 2019. "Research on Trade Credit and Bank Credit Based on Dynamic Inventory," Sustainability, MDPI, vol. 11(13), pages 1-29, June.
- Heikki Peura & S. Alex Yang & Guoming Lai, 2017. "Trade Credit in Competition: A Horizontal Benefit," Manufacturing & Service Operations Management, INFORMS, vol. 19(2), pages 263-289, May.
- Chen, Xiangfeng, 2015. "A model of trade credit in a capital-constrained distribution channel," International Journal of Production Economics, Elsevier, vol. 159(C), pages 347-357.
- Volodymyr Babich & Panos Kouvelis, 2018. "Introduction to the Special Issue on Research at the Interface of Finance, Operations, and Risk Management (iFORM): Recent Contributions and Future Directions," Manufacturing & Service Operations Management, INFORMS, vol. 20(1), pages 1-18, February.
- Diwakar Gupta & Yibin Chen, 2020. "Retailer-Direct Financing Contracts Under Consignment," Manufacturing & Service Operations Management, INFORMS, vol. 22(3), pages 528-544, May.
- Jin, Wei & Zhang, Qinhong & Luo, Jianwen, 2019. "Non-collaborative and collaborative financing in a bilateral supply chain with capital constraints," Omega, Elsevier, vol. 88(C), pages 210-222.
More about this item
Keywords
third-party logistics (3PL); payment scheme; cash-flow dynamics; cash opportunity cost; supply chain leadership;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormsom:v:21:y:2019:i:2:p:435-451. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.