Delayed Cash Payment, Receivable and Inventory Management
Jian Li (),
Jia Chen () and
Shouyang Wang ()
Additional contact information
Jian Li: Beijing University of Chemical Technology (BUCT)
Jia Chen: Bank of China
Shouyang Wang: Chinese Academy of Sciences
Chapter Chapter 6 in Risk Management of Supply and Cash Flows in Supply Chains, 2011, pp 149-159 from Springer
Abstract:
Abstract Chapters 4 and 5 incorporates the financial issue into inventory management. More specifically, the cash on hand is characterized as the financial constraint. Besides cash, another state of the firm is receivable, which is mainly due to the delayed cash payment. In practice of a supply chain, it is common that downstream firms pay for upstream firms with certain delay. Actually, powerful retailers (e.g., Wal-Mart, Carrefour) usually delay up to 50% of their payments for several months. On the other hand, firms also offer potential customers some preferential choice to delay their payment. Installment plan is a common case for it.
Keywords: Supply Chain; Inventory Management; Inductive Assumption; Cash Payment; Inventory Replenishment (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4614-0511-5_6
Ordering information: This item can be ordered from
http://www.springer.com/9781461405115
DOI: 10.1007/978-1-4614-0511-5_6
Access Statistics for this chapter
More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().