Coordinating Supply Chain Financing for E-commerce Companies Through a Loan Contract

This paper considers an online retailer and his or her manufacturer, both facing financial constraints and wishing to get loans from their e-commerce platform-backed finance company. Based on shared transaction data and monitored sales accounts, a tripartite loan contract is proposed to coordinate three parties’ actions in this supply chain financing problem. We prove that the proposed loan contract aligns the decentralized decision-makings of each party and duplicates the optimal channel performance under a fully integrated decision-making framework. A case study is then conducted to illustrate the performance of the proposed loan contract. The result shows that the proposed loan contract outperforms wholesale-price contracts, where coordination does not take place, and buyback contracts, where coordination happens between the retailer and the manufacturer only. Furthermore, a sensitivity analysis reveals that profit allocations among the lender, the retailer, and the manufacturer resulted from the proposed loan contract are more balanced when the cost-to-retail ratio or risk premium is high.

Aizdevuma līguma priekšlīguma regulējuma mijiedarbība ar apstākļu izmaiņu klauzulu

The article provides a scientific insight into the sources of Article 1935 of the Civil Law of the Republic of Latvia and their role in the development of the preliminary loan contract regulation, paying particular attention to the influence of pandectism. It compares the differences between legal consequences of concluding a preliminary loan contract and a preliminary contract regulated in Article 1541 of the Civil Law of the Republic of Latvia. The article concludes that the binding force of the preliminary loan contract shall be linked to the reservation of the changed circumstances clause.