Abstract
Supply chain finance (SCF), which has the key concept of the delivery of credit, is a new type of financial service that can enhance the financial efficiency of a supply chain. Using the transaction records from the core operations (CO) of the members, financers can provide a higher level of cash flow to the ecosystem. Moreover, financial sectors can upgrade their operations through SCF activities. However, while SCF services can help financial sectors improve their operations, there are many risks implied in SCF activities from CO to relative members. Therefore, this paper presents a novel model that applies a combination of triangular fuzzy numbers and the analytic hierarchy process (AHP) to the decision-making process to evaluate the decision behaviors regarding the preference the CO in the smartphone industry supply chain for financers in the SCF service. Academically, the FAHP-based decision-making framework can provide the decision makers and administrators of financial institutions with valuable guidance for measuring the optimal CO of the smartphone industry in the SCF ecosystem. Commercially, the proposed model could provide administrators with a useful tool to assess the optimal CO of the smartphone industry within the SCF ecosystem for financers.
Highlights
The development of the globalized economy in recent years has led to intense market competitions; many industries have implemented supply chain management (SCM)
No research has developed a comprehensive model for core operations (CO) evaluation in supply chain finance (SCF) ecosystems via fuzzy theory and decision science; the purpose of this study is to present a novel model based on the combination of fuzzy logic and the analytic hierarchy process (AHP) using a case study of the smartphone industry supply chain, in order to assess which operation provides the optimal CO for financers
The development of a globalized economy has led to intense market competition, which has led to many industries implementing SCM as well as manufacturing, logistics, and marketing activities to coordinate the flow of goods, services, and money between the separate stages of an industry’s supply chain, financial flows (FFs) are important to all industries when implementing supply chain activities
Summary
The development of the globalized economy in recent years has led to intense market competitions; many industries have implemented supply chain management (SCM). Logistics, and marketing activities, SCM systems rely on financial processes to coordinate the flow of goods, services, and money between the separate stages of a supply chain [3]. The financial processes that can be seen are important to all industries when implementing supply chain activities; finance organizations are willing to provide small and medium-sized enterprises (SMEs) with working capital to them to expand their market share. This concept is the basis of supply chain finance (SCF), as it can improve the efficiency of financial flows (FFs) in a supply chain. Pfohl and Gomm [5] proposed the definition of SCF as inter-company optimization of financing, as well as the integration of financing processes with customers, suppliers, and service providers, in order to increase the
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