Benefits of third-party logistics firms as financing providers

Hua, Shengya; Sun, Shuxiao; Liu, Zhongyi; Zhai, Xiaofeng

doi:10.1016/j.ejor.2021.01.024

Cited by 30 publications

(11 citation statements)

References 34 publications

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“…In practice, 3PL guaranteeing firms in supply chain finance are all large-scale companies. Banks believe that large 3PL guaranteeing firms have advantages in terms of information acquisition, industry experience, and solvency ( Zhou et al, 2020 ; Hua et al, 2021 ). Therefore, it is reasonable to say banks evaluate a large 3PL guaranteeing firm better than a small one.…”

Section: Theoretical Background and Hypothesis Developmentmentioning

confidence: 99%

The Impact of the Scale of Third-Party Logistics Guaranteeing Firms on Bank Credit Willingness in Supply Chain Finance: An ERP Study

et al. 2022

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Supply chain financing guaranteed by third-party logistics (3PL) firms is an effective way to solve the financing difficulties of small and medium-sized enterprises (SMEs). Studies have explored factors that affect the willingness of supply chain financial credit providers under guarantee of 3PL firms (e.g., the scale of financing enterprises and credit). However, whether the scale of 3PL firms will affect the bank’s credit decision has not been studied, as well as the neural processing of credit decisions. To clarify these issues, this study extracted behavioral and event-related potentials (ERPs) data when participants performed a selection task of judging whether to grant credit to guaranteed financing-seeking enterprises according to the large or small scale of the 3PL guaranteeing firms. The behavioral results showed that under the condition of a large-scale 3PL guaranteeing firm, the willingness to provide credit to SMEs was higher than that under the condition of a small-scale 3PL guaranteeing firm. This finding indicates there was credit scale discrimination against 3PL guaranteeing firms in supply chain finance. The ERP results showed that compared with the condition of a large-scale 3PL guaranteeing firm, a greater N2 amplitude was induced under the condition of a small-scale 3PL guaranteeing firm, which indicated that credit decision makers experienced greater perceived risk and more decision-making conflict. In contrast, a larger LPP amplitude was detected under the condition of a large-scale 3PL guaranteeing firm (as opposed to a small-scale firm), which indicated that large-scale 3PL guaranteeing firms received more positive comments and more positive emotions from credit decision makers than small-scale 3PL guaranteeing firms. Based on these results, this study reveals the cognition process of credit decision makers regarding the impact of the 3PL guaranteeing firm scale on the willingness to provide credit in supply chain finance and explains the theory of credit scale discrimination from the perspective of decision neuroscience.

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Section: Theoretical Background and Hypothesis Developmentmentioning

confidence: 99%

The Impact of the Scale of Third-Party Logistics Guaranteeing Firms on Bank Credit Willingness in Supply Chain Finance: An ERP Study

et al. 2022

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“…Non-financial measurements (subjective evaluations) are appropriate alternatives compared to financial measurements (objective evaluation) (Zulkiffli & Perera, 2011). However, there are recommendations to assess business performance better by using the hybrid approach (Gerba & Viswanadham, 2016;Hua et al, 2021;Ma et al, 2020). The use of non-financial measures can be applied by financial institutions to see the feasibility of businesses in getting loans.…”

Section: Validity and Reliability Testsmentioning

confidence: 99%

“…Based on information about performance, it can be used to determine the ability of a business to repay the borrowed funds (Kiboki et al, 2014) However, due to the lack of business information or financial statements of MSEs, banks have to find other strategies in measuring business performance (Chandrayanti et al, 2020). Providers of finance look at the past and projected financial statements to determine the profitability of the enterprise before granting a loan (Hua et al, 2021). Therefore, through financial statements, the capability of a firm can be investigated.…”

Section: Introductionmentioning

confidence: 99%

The Influence of Business Performance on Credit Accessbility to Micro and Small Enterprises (MSEs)

Chandrayanti

2022

ijjm

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This study investigates the influence of performance of micro and small enterprises on accessing external finance from banks. This study used data from 30 respondents of MSEs by survey questionnaires in West Sumatera, Indonesia. The study used simple linear regression model with the access of credit as the dependent variable and performance of business as the independent variable. The results confirm that the performance of MSEs significantly affect accessibility to external finance from banks. The study recommended that both financial and non-financial measures are important in determining access to credit. Therefore, businesses have to improve their resources in order to increase their performance and to improve their accessibility to credit. Due to their limitations in preparing financial statements, the hybrid approach of using financial and non-financial measures should be considered by financial institutions to assess the conditions of the business. A conductive environment should be created for good relationships among stakeholders.

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“…Ya que todos los procesos logísticos requieren de la eficiente aplicación del análisis de inventario, de la selección de proveedores y de estudiar nuevas ofertas que presentan los diferentes proveedores que abundan en el mercado (López et al, 2021). Los cuales, en los últimos años, han desempeñado un papel cada vez más importante en las operaciones de la cadena de suministro, así como en el alivio de las limitaciones de capital de las pymes (Hua et al, 2021).…”

Section: Gestión Logísticaunclassified

Gestión logística y atención al cliente en una empresa industrial del rubro alimentos, Lima 2021

Flórez

2022

eyn

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La presente investigación tuvo como objetivo determinar la relación que existe entre la gestión logística y la atención al cliente en una empresa industrial del rubro alimentos en Lima 2021. Amparado en un método de investigación cuyo método fue hipotético-deductivo, con una tipología aplicada, con nivel investigativo descriptivo y correlacional, bajo el diseño no experimental, de corte transversal y enfoque cuantitativo. La población estuvo circunscrita a 400 colaboradores de la empresa en cuestión y la muestra fue calculada con la fórmula de población finita, arrojando la cifra de 197 personas. La técnica de recolección de datos fue la encuesta y el instrumento un cuestionario de elaboración propia, el mismo que fue sometido a confiabilidad de Alpha de Cronbach. Posterior a la indagación en campo, fueron procesados los datos con el software SPSS considerando la evaluación por cada interrogante y luego por baremos establecidos, cabe precisar que luego de analizar la normalidad de la data y con lo resultante, se procedió a utilizar el estadígrafo de Rho de Spearman cuyos resultados inferenciales demostraron una relación entre las dos variables. Llegándose a la conclusión de que sí existe relación entre la gestión logística y la atención al cliente, al igual que existe relación con cada una de las dimensiones de la gestión logística (gestión de materiales y distribución física) respecto a la variable dependiente.

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Benefits of third-party logistics firms as financing providers

Cited by 30 publications

References 34 publications

The Impact of the Scale of Third-Party Logistics Guaranteeing Firms on Bank Credit Willingness in Supply Chain Finance: An ERP Study

The Impact of the Scale of Third-Party Logistics Guaranteeing Firms on Bank Credit Willingness in Supply Chain Finance: An ERP Study

The Influence of Business Performance on Credit Accessbility to Micro and Small Enterprises (MSEs)

Gestión logística y atención al cliente en una empresa industrial del rubro alimentos, Lima 2021

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