Cooperative Solutions for Working Capital Cost Management
Abstract
An advancement of the framework for reduction and redistribution of joint working capital costs in financial supply chain networks with combined topology is represented: factoring, reverse factoring, and inventory financing were chosen as the financial supply chain instruments to reduce the cost of joint working capital, a characteristic function is set and Core and Shepley values are chosen as optimality principles, the developed framework is compared with similar methods constructed by other authors, and also tested on the case study of the automotive industry.
Keywords:
working capital management, financial supply chain, financial supply chain solutions, cooperative games
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