Lanzhou Branch Of China CITIC Bank, Supply Chain Finance Business Process Reengineering

Large enterprise groups in the context of financial deepening and the market trend of interest rates gradually accelerate, broaden the financing channels through issuance of bonds, willingness to reduce financing costs and a substantial increase, especially demand for high interest rate environment will stimulate high-quality companies to issue medium-term notes, sufficientthe mobility will be prompted investors to increase short-term credit product configuration, the bargaining power of small and medium-sized commercial banks will be further reduced. With the supply chain, financial services, small and medium-sized commercial banks to low-risk means of occupation of a large number of huge financing needs of the SME market, and of great significance for the Bank to broaden the range of customers, optimize the structure of the customer and improve their overall income. The rise of the financial supply chain is bound to have a revolutionary impact on the traditional corporate banking business model. If a bank’s financial network of supply chain is the first to achieve docking with the core of enterprise supply chain business network, due to the network lock form insurmountable market barriers, other banks may be in the mode of competition in the loss of strategic opportunities.At present, China CITIC Bank Lanzhou branch of supply chain finance business, medium and small enterprises, but for business processes and project loans, short-term liquidity loans and credit and special credit to ask for the same information, procedures more cumbersome, and customers of our supply chain finance business the actual demand is out of line, resulting in business the difficulty, risk control level is low, can not well adapt to the requirements of competition. This paper aims to supply chain management (SCM) theory, the theory of business process reengineering (BPR), commercial bank credit management theory to China CITIC Bank financial supply chain business process analysis, to determine the Lanzhou branch of China CITIC Bank in supply chain finance business should have the process reengineering, organization reengineering and product recycling, thereby conforming the demands of the market, improve the market competitiveness of the products, improve our management level of the bank.