The role of supply chain finance in improving the competitive advantage of online retailing enterprises

被引:66
作者
Chen, Xiangfeng [1 ]
Liu, Chuanjun [1 ]
Li, Shuting [2 ]
机构
[1] Fudan Univ, Sch Management, 670 Guoshun Rd, Shanghai 200433, Peoples R China
[2] Shanghai Univ, Sch Management, 333 Nanchen Rd, Shanghai 200444, Peoples R China
关键词
Supply chain finance; Retail industry; Financial technology; Bargaining power; Competitive advantage; RESOURCE-BASED VIEW; DYNAMIC CAPABILITIES; FIRM PERFORMANCE; MANAGEMENT; MODEL; IMPLEMENTATION; INDUSTRY;
D O I
10.1016/j.elerap.2018.100821
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper presents a case study on JD.com, one of the largest e-commerce platforms in China, to demonstrate how this online retailer enhances its competitive advantage by employing supply chain finance (SCF) practices to accelerate collaboration within the supply chain. Based on field interviews, this study investigates motivations and enabling factors for SCF adoption. Results show that JD adopts SCF mainly to strengthen its ecosystem and attain competitive advantage. In the sight of resource-based view and dynamic capability, JD builds an iterative process to conduct SCF practice. Enabling factors, mainly financial technology (fintech) and bargaining power, play critical roles in the decision-making process. The development of fintech facilitates the digitalization and capitalization process by improving transparency and efficiency while bargaining power influences the productization process. The adoption of SCF practice helps JD build closer partnership with supply chain partners and improves its own competitive advantage.
引用
收藏
页数:11
相关论文
共 71 条
[1]   Bargaining power and industry dependence in mergers [J].
Ahern, Kenneth R. .
JOURNAL OF FINANCIAL ECONOMICS, 2012, 103 (03) :530-550
[2]  
[Anonymous], 1989, Readings in strategic management, P234, DOI DOI 10.1007/978-1-349-20317-8_17
[3]  
[Anonymous], AM SOCIOL REV
[4]  
[Anonymous], ELECT COMMER RES APP
[5]  
[Anonymous], 2017, J FINANCIAL RISK MAN, DOI DOI 10.4236/JFRM.2017.62008
[6]  
[Anonymous], GEO J INT L
[7]  
[Anonymous], NY TIMES
[8]  
[Anonymous], 2007, DEMICA REPORT SERIES
[9]  
[Anonymous], 1990, BASICS QUALITATIVE R
[10]  
[Anonymous], 2015, ACHIEVING EUROPEAN P