Management Andcontrol of Trade Credit in Commerce.

Kehinde, Adesina; Benjamin, DosunmuAyodele; Ojo, Adedayo E; Ajetunmobi, Opeyemi; Abiodun., OderindeAbel

doi:10.21474/ijar01/4500

Cited by 1 publication

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References 3 publications

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“…Credit terms help incentivize the buyer to take some risk while deciding the purchasing quantities, although they create a credit default risk for the supplier also (Gupta et al 2014). To trade off liquidity risk and profitability, a credit policy is not only desirable but also essential for an organization's success (Kehinde et al 2017). A combination of bank financing and supplier financing gives a retailer the best of both worlds (Chod, 2017).…”

Section: Trade Creditsmentioning

confidence: 99%

Inventory Replenishment Policies for Two Successive Generations of Technology Products Under Permissible Delay in Payments

Nagpal

Chanda

Seth

et al. 2022

International Journal of Information Systems and Supply Chain Management

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In this age of digitalization, when every industry is undergoing technological disruption, there is a big role of digital gadgets and technology products. A key feature of these digital gadgets is the short length of the product life cycle, since the newer and more advanced generations of technologies are developed regularly to replace the earlier conventional technologies. The traditional EOQ models that assume a constant demand cannot be used here. This research paper formulates an inventory optimization model for the multi-generational products under the trade credits and the credit-linked and innovation diffusion dependent demand. The study also performs a numerical illustration of the proposed model, and establishes important dynamics among the key variables. It also performs the sensitivity analysis with the cost of credit and the trade credit period. The paper concludes with the managerial implications for the inventory practitioners and the possible areas of extension for this research in the future.

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Section: Trade Creditsmentioning

confidence: 99%