title: The Multi-Objective Model of Working Capital Optimization
metadata.name: dc.contributor.author
metadata.value: Ivakina, Anastasiia
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Smirnova, Mariia
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Zenkevich, Nikolay
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2021-11-26T19:12:18Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2021-11-26T19:12:18Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2021-10
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Ivakina A., Smirnova M., Zenkevich N. The Multi-Objective Model of Working Capital Optimization. Contributions to Game Theory and Management, XIV, 155-182.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/11701/spbu31.2021.13
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/33695
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: In recent years, the topic of supply chain finance has gained a
  lot of attention from academia, but still, there are a lot of unexplored areas.
  For example, the literature demonstrates a clear gap of adequate application
  of numerous supply chain finance solutions for collaborative working capital
  management (Gelsomino et al., 2019). This issue becomes more and more
  important, specifically in terms of globalization and growing competition
  between supply chains when liquidity and profitability improvement is of
  paramount relevance. Companies focusing on their individual supply chain
  issues and taking their own interests into account rather than understanding
  the whole supply chain and collaborating with their partners are missing
  fruitful areas for improvements (Wuttke et al., 2016). The authors address
  this gap by developing a model for collaborative working capital management
  through supply chain finance adoption for the case of the three-stage
  supply chain. At the same time, the process of working capital optimization
  is received as a multi-objective problem. The results obtained indicate
  that the model of working capital optimization with concurrent use of multiple
  supply chain finance solutions is able to provide an optimal solution
  for all the cases considered in the research. It allows to decrease the total
  financial costs on working capital and supply chain finance solutions making
  individual ones not worse and at the same time achieve greater liquidity.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: This work was supported by Saint Petersburg State University under grants No
  60419633
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Contributions to Game Theory and Management;Volume 14
metadata.lang: -
metadata.name: dc.subject
metadata.value: working capital management
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: supply chain  finance solutions
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: inventory financing
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: reverse factoring
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: multi-objective optimization
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: goal programming
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The Multi-Objective Model of Working Capital Optimization
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 155-182.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/33695/1/155-182.pdf
resources.format: Adobe PDF
resources.size: 633,44 kB