Research on inventory pledge Financing Pledge Decision under Internet of Things Technology

Xiangxiang Zhang(Institute of Logistics Science and Engineering, Shanghai Maritime University，China)
Gengjun Gao(Institute of Logistics Science and Engineering, Shanghai Maritime University，China)

Abstract

Inventory pledge financing not only solves the financing difficulties of small and medium-sized enterprises, but also opens up business channels for banks. Under the random market demand, this article studies the pledge decision-making of perishable pledges in the inventory pledge business, and establishes that banks do not adopt and adopt the Internet of Things. The pledge rate decision-making model in the two technical situations aims at maximizing the profit at the end of the pledge period. The factors in the model such as the pledge rate, end-of-period income, and IoT technology coverage rate are analyzed respectively, and finally the decision-making process is verified through calculation examples. Studies have shown that, within a certain range, banks can use IoT technology to supervise pledges to obtain greater benefits. However, as the coverage of IoT technology increases, bank revenues continue to decrease, so to obtain greater benefits requires the Internet of Things technology set by the bank Invest.

Keywords

SMEs; Inventory pledge financing;Pledge rate;Internet of Things technology

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DOI: http://dx.doi.org/10.26549/jfr.v4i2.5296