TY - JOUR

T1 - Stable Goal-Based Management Strategy for Supply Chain Finance

AU - Зенкевич, Николай Анатольевич

AU - Ивакина, Анастасия Александровна

AU - Осташова, Анастасия

PY - 2022/12/30

Y1 - 2022/12/30

N2 - The paper “Stable goal-based management strategy for supply chain finance” clearly states its aim to improving the methodology for managing the total working capital of the supply chain to reduce costs for given ranges of liquidity. The paper analyzes the current state of research on working capital management in supply chain finance and substantiates the multi-objective nature of managing joint working capital in the supply chain. The possibilities of individual financial instruments to reduce the cost of total working capital for given ranges of liquidity have been explored. The necessity of using the technique of dynamic goal programming in the problem of working capital management is substantiated. A model and algorithm of goal management have been developed, which is implemented on cases of real supply chains and has shown its effectiveness. The paper is clearly organized and written, what allows good understanding. The scope and scale of the work are precisely outlined. The topicality of the research, its relevance as well as theoretical and practical implications for financial supply chain management studies are clarified by the authors.

AB - The paper “Stable goal-based management strategy for supply chain finance” clearly states its aim to improving the methodology for managing the total working capital of the supply chain to reduce costs for given ranges of liquidity. The paper analyzes the current state of research on working capital management in supply chain finance and substantiates the multi-objective nature of managing joint working capital in the supply chain. The possibilities of individual financial instruments to reduce the cost of total working capital for given ranges of liquidity have been explored. The necessity of using the technique of dynamic goal programming in the problem of working capital management is substantiated. A model and algorithm of goal management have been developed, which is implemented on cases of real supply chains and has shown its effectiveness. The paper is clearly organized and written, what allows good understanding. The scope and scale of the work are precisely outlined. The topicality of the research, its relevance as well as theoretical and practical implications for financial supply chain management studies are clarified by the authors.

KW - working capital management, inventory financing, reverse factoring, dynamic goal programming

U2 - 10.2021639/11701/spbu31.2022.25

DO - 10.2021639/11701/spbu31.2022.25

M3 - Article

VL - XV

SP - 339

EP - 365

JO - Contributions to Game Theory and Management

JF - Contributions to Game Theory and Management

SN - 2310-2608

ER -